Market Intelligence · IL / Chicago

Chicago, IL 60609 Housing Market

Homes in Chicago's 60609 ZIP are valued at a typical $263,163, up 3.6% over the past year. The median list price stands at $278,500, with properties staying on the market a median of 50 days as of September 2026.

Updated September 2026Median value$263K

The median home value in Chicago, IL 60609 is $263K as of September 2026, up 3.6% 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 60609 range

$242K to $284K

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

+3.6% over 12 months

Sep 2025$254K

Low $254KHigh $263K

Sep 2026$263K

The numbers

What is the 60609 housing market like?

As of September 2026

Typical home value

$263K

3.6%YoY

Median list price

$279K

5.1%MoM

Days on market

2.0%MoM

Homes for sale

7.1%MoM

Price cuts

10.2%

9.1%MoM

New listings

25.0%MoM

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

The outlook

60609 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60609 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 60609 rose 3.6%, per the Zillow Home Value Index.

Will home prices drop in 60609?

Zillow's forecast does not call for a drop: it expects typical home values in 60609 to rise 2.2% by September 2027, after a 3.6% 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 60609 home prices compare?

60609$263,163
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

The neighborhood had 39 homes for sale as of September 2026, with 20 new listings entering the market that month. The median time on market of 50 days suggests a balanced pace, though not all homes are moving quickly. About 10.2% of listings carried a price cut, indicating some sellers are adjusting expectations. For homeowners considering a sale, the modest year-over-year appreciation reflects a steady but not heated market. You should expect measured interest and realistic pricing to attract buyers.

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Down payment20% · $52,633

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Common questions

What people ask us.

What is the typical home value in 60609?

The typical home value in this ZIP is $263,163, which has increased 3.6% over the past year.

How long do homes typically stay on the market here?

As of September 2026, homes spent a median of 50 days on the market.

What is the current inventory situation?

There were 39 homes for sale as of September 2026, with 20 new listings added that month.

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