Market Intelligence · IL / Chicago

Chicago, IL 60601 Housing Market

The typical home value in Chicago's 60601 ZIP code is $389,068, down 1.4% over the past year. The median list price sits at $728,750, with homes taking a median of 59 days to sell as of September 2026.

Updated September 2026Median value$389K

The median home value in Chicago, IL 60601 is $389K as of September 2026, down 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 60601 range

$358K to $420K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.4% over 12 months

Sep 2025$395K

Low $386KHigh $395K

Sep 2026$389K

The numbers

What is the 60601 housing market like?

As of September 2026

Typical home value

$389K

1.4%YoY

Median list price

$729K

2.4%MoM

Days on market

5.4%MoM

Homes for sale

10.6%MoM

Price cuts

6.9%

31.2%MoM

New listings

16.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

60601 housing market forecast 2027

+0.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60601 to stay roughly flat by September 2027 (up 0.3%).

Over the 12 months through September 2026, typical home values in 60601 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 60601?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 60601 to stay roughly flat by September 2027 (up 0.3%), after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60601 home prices compare?

60601$389,068
Chicago$334,866
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Chicago: 56 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Chicago's 60601 ZIP has 76 homes for sale, with 20 new listings added in September 2026. The median time on market of 59 days suggests moderate buyer interest, though the 1.4% decline in typical home value over the past year reflects softer demand. With a median list price of $728,750 and only 6.9% of listings carrying a price cut, sellers have not yet faced widespread reductions. For homeowners considering a sale, the stable price environment masks an underlying slowdown in home values worth monitoring.

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Down payment20% · $77,814

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Common questions

What people ask us.

What is the typical home value in 60601?

The typical home value in 60601 is $389,068, down 1.4% over the past year as of September 2026.

How long do homes typically sit on the market?

Homes in 60601 have a median days on market of 59 as of September 2026.

What is the median list price in this ZIP code?

The median list price in 60601 is $728,750 as of September 2026.

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