Market Intelligence · IL / Chicago

Chicago, IL 60609 Housing Market

The typical home in Chicago, IL 60609 is valued at $265,577, up 2.6% over the past year. The median list price stands at $265,000, with homes spending a median of 49 days on the market.

Updated August 2026Median value$260K

The median home value in Chicago, IL 60609 is $260K as of August 2026, up 3.3% 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 60609 range

$239K to $281K

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

+3.3% over 12 months

Typical home value in 60609 over the last 12 months: $251K in Aug 2025 to $260K in Aug 2026 (+3.3%).

Aug 2025$251K

Aug 2026$260K

The numbers

What is the 60609 housing market like?

Typical home value

$260K

Up3.3%YoY

Median list price

$265K

Down4.5%MoM

Days on market

49

Down14.0%MoM

Homes for sale

42

Up13.5%MoM

Price cuts

9.3%

Up32.9%MoM

New listings

16

Flat0.0%MoM

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

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The comparison

How do 60609 home prices compare?

  • 60609$259,823
  • 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 42 homes for sale in 60609 as of August 2026, with 16 new listings added recently. The median list price of $265,000 aligns closely with typical home values in the area. Homes are taking 49 days to sell on average, which suggests a balanced market without urgent pressure. A small share of listings, 9.3%, have seen price reductions. For sellers, this means you have reasonable competition and a market that is neither rushing nor stalling.

Monthly payment

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20% · $51,965

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