Home ValuePros

Market Intelligence · IL / Chicago

Chicago, IL 60608 Housing Market

Homes in Chicago, IL 60608 are valued at $370,471 on average, up 3.5% over the past year. The median list price is $399,000, and homes are spending 33 days on the market before selling.

Updated August 2026Median value$363K

The median home value in Chicago, IL 60608 is $363K as of August 2026, up 4.6% 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 60608 range

$334K to $392K

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

+4.6% over 12 months

Typical home value in 60608 over the last 12 months: $347K in Aug 2025 to $363K in Aug 2026 (+4.6%).

Aug 2025$347K

Aug 2026$363K

The numbers

What is the 60608 housing market like?

Typical home value

$363K

Up4.6%YoY

Median list price

$399K

Up0.3%MoM

Days on market

33

Down13.2%MoM

Homes for sale

44

Down13.7%MoM

Price cuts

18.7%

Up244.8%MoM

New listings

24

Up9.1%MoM

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

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The comparison

How do 60608 home prices compare?

  • 60608$363,232
  • 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 44 homes for sale in the ZIP, with 24 new listings added recently. The median list price of $399,000 sits above the typical home value, suggesting some sellers may be testing the market's appetite. About 18.7% of listings have seen a price cut, which is a moderate signal that not all homes are moving at their initial ask. For sellers deciding whether to list now, the data suggests a balanced market where pricing strategy matters more than speed.

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