Market Intelligence · IL / Chicago

Chicago, IL 60606 Housing Market

The typical home value in Chicago, IL 60606 is $344,545, up 3.5% over the past year. The median list price stands at $354,500, and homes are taking a median of 40 days on the market.

Updated August 2026Median value$332K

The median home value in Chicago, IL 60606 is $332K as of August 2026, up 4.4% 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 60606 range

$305K to $358K

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

+4.4% over 12 months

Typical home value in 60606 over the last 12 months: $318K in Aug 2025 to $332K in Aug 2026 (+4.4%).

Aug 2025$318K

Aug 2026$332K

The numbers

What is the 60606 housing market like?

Typical home value

$332K

Up4.4%YoY

Median list price

$355K

Up2.3%MoM

Days on market

40

Up37.9%MoM

Homes for sale

17

Down19.0%MoM

Price cuts

13.8%

Up134.5%MoM

New listings

4

Flat0.0%MoM

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

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The comparison

How do 60606 home prices compare?

  • 60606$331,804
  • 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 currently 17 homes for sale in the 60606 ZIP code, with 4 new listings as of early August 2026. The median days on market of 40 suggests a moderately paced market. About 13.8% of listings have seen price cuts, which reflects some negotiation activity despite the year-over-year value appreciation. For a seller, this means you have modest inventory to compete with and should price carefully to avoid sitting too long.

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