Market Intelligence · IL / Chicago

Chicago, IL 60640 Housing Market

The typical home in Chicago's 60640 ZIP code is worth $373,400, up 3.4% over the past year. The median list price sits at $368,500, and homes are taking a median of 34 days on market as of June 2026.

Updated June 2026Median value$373K

The median home value in Chicago, IL 60640 is $373K as of June 2026, up 3.4% 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 60640 range

$344K to $403K

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

+3.4% over 12 months

Typical home value in 60640 over the last 12 months: $361K in Jun 2025 to $373K in Jun 2026 (+3.4%).

Jun 2025$361K

Jun 2026$373K

The numbers

What is the 60640 housing market like?

Typical home value

$373K

Up3.4%YoY

Median list price

$369K

Days on market

34

Down5.6%MoM

Homes for sale

49

Price cuts

5.4%

New listings

64

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

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The comparison

How do 60640 home prices compare?

  • 60640$373,400
  • 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

As of June 1, 2026, there are 49 homes for sale in the 60640 area of Chicago, with 64 new listings added recently. The median list price is $368,500, and the typical home value is $373,400, up 3.4% over the past year. Homes are taking a median of 34 days on market. Only 5.4% of listings have had a price cut. For sellers, the numbers point to steady demand, so pricing in line with recent activity is a reasonable approach.

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