Market Intelligence · IL / Chicago

Chicago, IL 60605 Housing Market

Typical home value in Chicago, IL 60605 is $343,490, down 1.2% over the past year. Median list price stands at $399,950, with homes staying on market for a median of 37 days.

Updated September 2026Median value$343K

The median home value in Chicago, IL 60605 is $343K as of September 2026, down 1.2% 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 60605 range

$316K to $371K

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

-1.2% over 12 months

Sep 2025$348K

Low $341KHigh $349K

Sep 2026$343K

The numbers

What is the 60605 housing market like?

As of September 2026

Typical home value

$343K

1.2%YoY

Median list price

$400K

5.9%MoM

Days on market

0.0%MoM

Homes for sale

4.5%MoM

Price cuts

8.9%

31.4%MoM

New listings

5.0%MoM

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

The outlook

60605 housing market forecast 2027

+1.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60605 to rise 1.8% by September 2027.

Over the 12 months through September 2026, typical home values in 60605 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 60605?

Zillow's forecast does not call for a drop: it expects typical home values in 60605 to rise 1.8% by September 2027, after a 1.2% 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 60605 home prices compare?

60605$343,490
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

The 60605 ZIP code has 92 homes for sale as of September 2026, with 42 new listings entering the market. At a median of 37 days on market, homes are moving at a moderate pace. The median list price of $399,950 sits noticeably above the typical home value of $343,490. With 8.9% of listings carrying a price cut, sellers are adjusting expectations to align with softer buyer demand.

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Down payment20% · $68,698

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Common questions

What people ask us.

What is the typical home value in 60605?

The typical home value is $343,490, which has declined 1.2% over the past year.

How long are homes staying on the market?

Homes in this ZIP code have a median days on market of 37 as of September 2026.

How many homes are currently for sale?

There are 92 homes for sale, with 42 new listings as of September 2026.

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