Market Intelligence · IL / Chicago

Chicago, IL 60632 Housing Market

The typical home in Chicago 60632 is worth $288,846, up 5.4% over the past year. Homes listed here average $359,000, and it takes about 34 days for a sale to close.

Updated September 2026Median value$289K

The median home value in Chicago, IL 60632 is $289K as of September 2026, up 5.4% 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 60632 range

$266K to $312K

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

+5.4% over 12 months

Sep 2025$274K

Low $274KHigh $289K

Sep 2026$289K

The numbers

What is the 60632 housing market like?

As of September 2026

Typical home value

$289K

5.4%YoY

Median list price

$359K

2.9%MoM

Days on market

17.2%MoM

Homes for sale

13.3%MoM

Price cuts

11.2%

11.4%MoM

New listings

8.3%MoM

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

The outlook

60632 housing market forecast 2027

+2.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60632 to rise 2.7% by September 2027.

Over the 12 months through September 2026, typical home values in 60632 rose 5.4%, per the Zillow Home Value Index.

Will home prices drop in 60632?

Zillow's forecast does not call for a drop: it expects typical home values in 60632 to rise 2.7% by September 2027, after a 5.4% 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 60632 home prices compare?

60632$288,846
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

As of September 2026, there are 34 homes for sale in 60632, with 22 new listings entering the market recently. The median time on market stands at 34 days. About 11.2% of listings have seen price reductions, which suggests some sellers are adjusting expectations. Despite solid year-over-year appreciation, the moderate pace of sales and presence of price cuts indicate that buyers have options and are not in a hurry.

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Down payment20% · $57,769

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Common questions

What people ask us.

What is the typical home value in Chicago 60632?

The typical home value is $288,846, representing a 5.4% increase over the past year.

How long do homes typically stay on the market in 60632?

Homes spend a median of 34 days on the market.

What share of homes have price reductions?

About 11.2% of listings have seen a price cut.

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