Market Intelligence · IL / Chicago

Chicago, IL 60606 Housing Market

The typical home value in Chicago's 60606 ZIP is $334,437, up 4.9% over the past year. The median list price stands at $347,000, with homes taking a median of 51 days to sell as of September 2026.

Updated September 2026Median value$334K

The median home value in Chicago, IL 60606 is $334K as of September 2026, up 4.9% 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 60606 range

$308K to $361K

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

+4.9% over 12 months

Sep 2025$319K

Low $319KHigh $334K

Sep 2026$334K

The numbers

What is the 60606 housing market like?

As of September 2026

Typical home value

$334K

4.9%YoY

Median list price

$347K

2.1%MoM

Days on market

27.5%MoM

Homes for sale

0.0%MoM

Price cuts

17.2%

24.9%MoM

New listings

50.0%MoM

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

The outlook

60606 housing market forecast 2027

+1.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60606 to rise 1.4% by September 2027.

Over the 12 months through September 2026, typical home values in 60606 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 60606?

Zillow's forecast does not call for a drop: it expects typical home values in 60606 to rise 1.4% by September 2027, after a 4.9% rise 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 60606 home prices compare?

60606$334,437
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 60606 has 17 homes for sale with just 2 new listings added recently, suggesting limited inventory movement. The median list price of $347,000 sits slightly above the typical home value of $334,437, while homes are spending 51 days on the market before sale. A relatively modest 17.2% of listings have received price cuts, indicating most sellers are holding firm on asking prices despite the measured pace. For homeowners considering a sale, the year-over-year appreciation is real, but the thin inventory and moderate days-on-market suggest this is not a market that rewards aggressive pricing.

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Down payment20% · $66,887

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Common questions

What people ask us.

What is a typical home worth in 60606?

The typical home value is $334,437 as of September 2026, up 4.9% over the past year.

How long do homes usually stay on the market here?

The median days on market is 51 as of September 2026.

What is the median list price?

The median list price in 60606 is $347,000 as of September 2026.

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