Market Intelligence · IL / Chicago

Chicago, IL 60602 Housing Market

The typical home value in Chicago's 60602 ZIP code is $303,129, down 7.7% over the past year. The median list price sits at $551,000, and homes are taking a median of 44 days on market as of June 1, 2026.

Updated June 2026Median value$303K

The median home value in Chicago, IL 60602 is $303K as of June 2026, down 7.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 60602 range

$279K to $327K

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

-7.7% over 12 months

Typical home value in 60602 over the last 12 months: $329K in Jun 2025 to $303K in Jun 2026 (-7.7%).

Jun 2025$329K

Jun 2026$303K

The numbers

What is the 60602 housing market like?

Typical home value

$303K

Down7.7%YoY

Median list price

$551K

Days on market

44

Down66.4%MoM

Homes for sale

11

Price cuts

0.0%

New listings

0

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 60602 home prices compare?

  • 60602$303,129
  • Chicago$338,768
  • Illinois$196,082
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Chicago: 56 ZIPs; Illinois: 1,083 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 11 homes for sale in the 60602 area of downtown Chicago. The median list price is $551,000, while the typical home value is $303,129, down 7.7% over the past year. Homes are taking a median of 44 days to sell, and there were 0 new listings in this period. The share of listings with a price cut is 0.0%. With values declining over the year, sellers here should price carefully and set realistic expectations about time on market.

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