Home ValuePros

Market Intelligence · IL / Chicago

Chicago, IL 60605 Housing Market

The typical home value in Chicago's 60605 ZIP is $346,917, down 2.9% over the past year. The median list price sits at $425,000, with homes taking a median 37 days to sell.

Updated August 2026Median value$341K

The median home value in Chicago, IL 60605 is $341K as of August 2026, down 2.0% 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 60605 range

$314K to $368K

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

-2.0% over 12 months

Typical home value in 60605 over the last 12 months: $348K in Aug 2025 to $341K in Aug 2026 (-2.0%).

Aug 2025$348K

Aug 2026$341K

The numbers

What is the 60605 housing market like?

Typical home value

$341K

Down2.0%YoY

Median list price

$425K

Up3.0%MoM

Days on market

37

Up23.3%MoM

Homes for sale

88

Down6.4%MoM

Price cuts

13.0%

Up58.6%MoM

New listings

40

Down9.1%MoM

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

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The comparison

How do 60605 home prices compare?

  • 60605$341,087
  • Chicago$335,515
  • Illinois$197,608
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chicago: 56 ZIPs; Illinois: 1,084 ZIPs; United States: 26,265 ZIPs).

Context

There are 88 homes for sale in 60605 as of early August 2026, with 40 new listings added recently. The median time on market of 37 days suggests steady interest, though 13.0% of listings carry a price cut, signaling some negotiation pressure. The year-over-year decline in typical home value reflects a cooling market. Sellers should expect realistic pricing and be prepared for measured buyer activity.

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