Market Intelligence · IL / Chicago

Chicago, IL 60607 Housing Market

The typical home in Chicago, IL 60607 is worth $447,876, up 5.3% over the past year. Homes on the market are listed at a median of $599,900 and take around 44 days to sell.

Updated September 2026Median value$448K

The median home value in Chicago, IL 60607 is $448K as of September 2026, up 5.3% 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 60607 range

$412K to $484K

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

+5.3% over 12 months

Sep 2025$425K

Low $425KHigh $448K

Sep 2026$448K

The numbers

What is the 60607 housing market like?

As of September 2026

Typical home value

$448K

5.3%YoY

Median list price

$600K

0.0%MoM

Days on market

2.3%MoM

Homes for sale

108

0.9%MoM

Price cuts

6.7%

6.3%MoM

New listings

25.0%MoM

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

The outlook

60607 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60607 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 60607 rose 5.3%, per the Zillow Home Value Index.

Will home prices drop in 60607?

Zillow's forecast does not call for a drop: it expects typical home values in 60607 to rise 1.6% by September 2027, after a 5.3% 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 60607 home prices compare?

60607$447,876
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

As of September 2026, there are 108 homes for sale in 60607, with 42 new listings added recently. The median list price sits at $599,900, and homes typically spend 44 days on market before selling. Only 6.7% of listings have seen a price cut, suggesting most sellers are holding firm despite the broader inventory. For sellers, the steady year-over-year appreciation paired with moderate market time means conditions favor those who price realistically and highlight genuine features.

Monthly payment

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Home price

Down payment20% · $89,575

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Common questions

What people ask us.

What is the typical home value in 60607?

The typical home value is $447,876, representing a 5.3% increase over the past year.

How long do homes take to sell in this area?

Homes in 60607 spend a median of 44 days on market.

What is the median list price in 60607?

The median list price is $599,900 as of September 2026.

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Nearby ZIP markets.

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