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Carpenters Addition Greektown Near West Side West Loop

CHICAGO, IL 60661

Real Estate Market Report  ·  Cook County
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60661

Carpenters Addition · Greektown · Near West Side · West Loop

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CHICAGO, IL real estate market (60661) currently shows 47 active listings, with 23 pending sales. Homes are averaging 25 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 25 days on market compared to 32 days last year.

The median listing price has risen 4.4% year-over-year, from $425,000 to $443,725.

Whether you are buying or selling in CHICAGO, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 11,513  ·  Density: 14,546.6/mi²  ·  Median household income: $139,748

Typical home value: $409,268  ·  Homeownership: 31.4%

Market Overview

Active Listings
47
⇩ 9.6% vs 52 last year
Pending
23
49% pending ratio
Median Price
$443,725
⇧ 4.4% vs $425,000 last year
Average Price
$502,522
⇧ 8.9% vs $461,553 last year
Days on Market
25
⇩ 21.9% vs 32 days last year

Price Per Square Foot

Median $/sqft
$374
⇧ 1.9% vs $367/sqft last year
Median Home Size
1,274 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 52 last year
  • Days on market: 25 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $443,725 (+4.4% YoY)
  • Average: $502,522 (+8.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.2 miles — 1,404 listings ($1,448,875,699 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60661Chicago, IL 606610.0 mi40$21,870,200$447,500$546,755
60607Chicago, IL 606070.7 mi130$112,144,630$487,500$862,651
60602Chicago, IL 606020.8 mi22$17,019,706$746,625$773,623
60603Chicago, IL 606030.9 mi26$15,804,464$595,000$607,864
60610Chicago, IL 606101.5 mi211$254,776,381$511,000$1,207,471
60611Chicago, IL 606111.5 mi442$498,674,566$682,500$1,128,223
60612Chicago, IL 606122.3 mi74$47,823,018$452,000$646,257
60608Chicago, IL 606082.7 mi75$31,844,775$367,498$424,597
60614Chicago, IL 606142.8 mi161$322,799,687$1,242,500$2,004,967
60647Chicago, IL 606474.0 mi85$81,984,370$749,450$964,522
60623Chicago, IL 606234.5 mi17$5,163,801$323,675$303,753
60609Chicago, IL 606094.9 mi57$16,038,261$247,450$281,373
60651Chicago, IL 606515.2 mi64$22,931,840$357,500$358,310

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60661?

As of March 2026, there are 47 active listings in CHICAGO, IL (zip code 60661), compared to 52 the prior year.

What is the median home price in CHICAGO, IL 60661?

The median listing price in CHICAGO, IL 60661 is $443,725 as of March 2026, a 4.4% increase from $425,000 the prior year.

How long do homes stay on the market in CHICAGO, IL?

Homes in CHICAGO, IL 60661 spend an average of 25 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60661?

Based on current inventory and days-on-market data as of March 2026, CHICAGO, IL 60661 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 25 days on market compared to 32 days last year.

How much can I save on real estate commission in CHICAGO, IL?

With SELL123.com's maximum 3% commission, sellers in CHICAGO, IL 60661 save an estimated $8,875 compared to a typical 5% commission on the median listing price of $443,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.