Home ValuePros

Market Intelligence · IL / Chicago

Chicago, IL 60618 Housing Market

The typical home value in Chicago, IL 60618 is $582,203, up 10.4% over the past year. The median list price is $635,000, and homes are spending a median of 18 days on market. There are 53 homes for sale, with 48 new listings.

Updated August 2026Median value$582K

The median home value in Chicago, IL 60618 is $582K as of August 2026, up 10.4% 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 60618 range

$536K to $629K

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

+10.4% over 12 months

Typical home value in 60618 over the last 12 months: $527K in Aug 2025 to $582K in Aug 2026 (+10.4%).

Aug 2025$527K

Aug 2026$582K

The numbers

What is the 60618 housing market like?

Typical home value

$582K

Up10.4%YoY

Median list price

$635K

Down2.3%MoM

Days on market

18

Down45.5%MoM

Homes for sale

53

Up39.5%MoM

Price cuts

5.8%

Up140.7%MoM

New listings

48

Down11.1%MoM

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

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The comparison

How do 60618 home prices compare?

  • 60618$582,203
  • 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

Chicago, IL 60618 is moving quickly. The median days on market is 18, and only 5.8% of listings have taken a price cut, so most sellers are not starting high and retreating. Inventory is limited at 53 homes for sale, even with 48 new listings coming on. The typical home value is $582,203, up 10.4% over the past year, while the median list price is $635,000. For a seller, the data favors realistic pricing and good preparation more than testing the market.

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