Market Intelligence · IL / Chicago

Chicago, IL 60642 Housing Market

In Chicago, IL 60642, the typical home value is $579,017, up 6.2% over the past year. The median list price is $735,000, and homes are spending a median of 23 days on market. Sellers are seeing firm values alongside quick decisions by buyers.

Updated August 2026Median value$579K

The median home value in Chicago, IL 60642 is $579K as of August 2026, up 6.2% 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 60642 range

$533K to $625K

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

+6.2% over 12 months

Typical home value in 60642 over the last 12 months: $545K in Aug 2025 to $579K in Aug 2026 (+6.2%).

Aug 2025$545K

Aug 2026$579K

The numbers

What is the 60642 housing market like?

Typical home value

$579K

Up6.2%YoY

Median list price

$735K

Up2.4%MoM

Days on market

23

Down8.0%MoM

Homes for sale

39

Up8.3%MoM

Price cuts

7.8%

Up36.3%MoM

New listings

32

Up6.7%MoM

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

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The comparison

How do 60642 home prices compare?

  • 60642$579,017
  • 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

There are 39 homes for sale in Chicago, IL 60642, with 32 new listings adding fresh choices. The typical home value is $579,017, up 6.2% over the past year, while the median list price sits at $735,000. A median of 23 days on market points to brisk turnover, and 7.8% of listings have a price cut. For a seller, the read is simple: demand looks active, but pricing still needs to match the home.

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