Market Intelligence · IL / Chicago

Chicago, IL 60631 Housing Market

The typical home in Chicago's 60631 ZIP code is worth $471,916, up 7.6% over the past year. The median list price sits at $528,620, and homes are taking a median of 33 days on market.

Updated June 2026Median value$472K

The median home value in Chicago, IL 60631 is $472K as of June 2026, up 7.6% 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 60631 range

$434K to $510K

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

+7.6% over 12 months

Typical home value in 60631 over the last 12 months: $439K in Jun 2025 to $472K in Jun 2026 (+7.6%).

Jun 2025$439K

Jun 2026$472K

The numbers

What is the 60631 housing market like?

Typical home value

$472K

Up7.6%YoY

Median list price

$529K

Days on market

33

Up3.1%MoM

Homes for sale

26

Price cuts

12.7%

New listings

22

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 60631 home prices compare?

  • 60631$471,916
  • Chicago$338,768
  • Illinois$196,082
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Chicago: 56 ZIPs; Illinois: 1,083 ZIPs; United States: 26,270 ZIPs).

Context

The Edison Park and Norwood Park area covered by 60631 has 26 homes for sale as of June 1, 2026, with 22 new listings added recently. The median list price is $528,620, while the typical home value is $471,916. Homes are moving at a median of 33 days on market, and 12.7% of listings have had a price cut. For sellers, this is a market with steady value growth but enough inventory that pricing carefully still matters.

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