Market Intelligence · IL / Chicago

Chicago, IL 60608 Housing Market

The typical home value in Chicago's 60608 ZIP is $367,513, up 5.2% over the past year. The median list price stands at $393,750, with homes spending a median of 47 days on market as of September 2026.

Updated September 2026Median value$368K

The median home value in Chicago, IL 60608 is $368K as of September 2026, up 5.2% 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 60608 range

$338K to $397K

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

+5.2% over 12 months

Sep 2025$349K

Low $349KHigh $368K

Sep 2026$368K

The numbers

What is the 60608 housing market like?

As of September 2026

Typical home value

$368K

5.2%YoY

Median list price

$394K

1.3%MoM

Days on market

42.4%MoM

Homes for sale

0.0%MoM

Price cuts

9.2%

51.0%MoM

New listings

8.3%MoM

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

The outlook

60608 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60608 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 60608 rose 5.2%, per the Zillow Home Value Index.

Will home prices drop in 60608?

Zillow's forecast does not call for a drop: it expects typical home values in 60608 to rise 2.0% by September 2027, after a 5.2% 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 60608 home prices compare?

60608$367,513
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's 60608 ZIP had 44 homes for sale as of September 2026, with 22 new listings entering the market that month. The median list price of $393,750 remains notably above the typical home value of $367,513, a gap that reflects asking expectations in the area. Homes are taking 47 days on the market to sell. At 9.2% of listings receiving a price cut, the rate suggests modest negotiating pressure. For sellers, the strong year-over-year appreciation offers a tailwind, though buyer demand appears selective enough that pricing strategy matters.

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Common questions

What people ask us.

What is the typical home value in 60608?

As of September 2026, the typical home value in Chicago's 60608 ZIP is $367,513, up 5.2% over the past year.

How long do homes take to sell in 60608?

The median days on market is 47 as of September 2026.

What share of homes are being repriced in 60608?

About 9.2% of listings received a price cut as of September 2026.

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