Market Intelligence · IL / Chicago

Chicago, IL 60617 Housing Market

The typical home value in Chicago's 60617 ZIP is $180,176, up 4.3% over the past year. The median list price stands at $236,103, and homes are taking a median of 41 days to sell as of September 2026.

Updated September 2026Median value$180K

The median home value in Chicago, IL 60617 is $180K as of September 2026, up 4.3% 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 60617 range

$166K to $195K

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

+4.3% over 12 months

Sep 2025$173K

Low $173KHigh $180K

Sep 2026$180K

The numbers

What is the 60617 housing market like?

As of September 2026

Typical home value

$180K

4.3%YoY

Median list price

$236K

3.6%MoM

Days on market

17.1%MoM

Homes for sale

5.3%MoM

Price cuts

18.6%

44.1%MoM

New listings

8.3%MoM

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

The outlook

60617 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60617 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 60617 rose 4.3%, per the Zillow Home Value Index.

Will home prices drop in 60617?

Zillow's forecast does not call for a drop: it expects typical home values in 60617 to rise 2.8% by September 2027, after a 4.3% 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 60617 home prices compare?

60617$180,176
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

There are 99 homes for sale in 60617, with 44 new listings having come to market recently. The median time on market of 41 days suggests moderate buyer activity. However, 18.6% of listings have already received a price cut, which signals some negotiation pressure despite the year-over-year value appreciation. If you are considering selling, the price-cut share suggests you should be realistic about positioning and pricing from the start.

Monthly payment

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Home price

Down payment20% · $36,035

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Common questions

What people ask us.

What is the typical home value in 60617?

The typical home value in 60617 is $180,176, up 4.3% over the past year as of September 2026.

How many homes are currently for sale in 60617?

There are 99 homes for sale in this ZIP code as of September 2026.

How long do homes typically stay on the market in 60617?

The median days on market is 41 as of September 2026.

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