Market Intelligence · IL / Chicago

Chicago, IL 60646 Housing Market

The typical home value in Chicago 60646 is $559,541, up 8.0% over the past year. Homes for sale are listing at a median of $598,675, and the median days on market stands at 30.

Updated September 2026Median value$560K

The median home value in Chicago, IL 60646 is $560K as of September 2026, up 8.0% 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 60646 range

$515K to $604K

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

+8.0% over 12 months

Sep 2025$518K

Low $518KHigh $560K

Sep 2026$560K

The numbers

What is the 60646 housing market like?

As of September 2026

Typical home value

$560K

8.0%YoY

Median list price

$599K

3.2%MoM

Days on market

3.4%MoM

Homes for sale

0.0%MoM

Price cuts

8.9%

25.4%MoM

New listings

50.0%MoM

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

The outlook

60646 housing market forecast 2027

+2.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60646 to rise 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in 60646 rose 8.0%, per the Zillow Home Value Index.

Will home prices drop in 60646?

Zillow's forecast does not call for a drop: it expects typical home values in 60646 to rise 2.8% by September 2027, after a 8.0% 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 60646 home prices compare?

60646$559,541
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

Chicago 60646 has 27 homes for sale as of September 2026, with 24 new listings coming to market. Homes are spending a median of 30 days on the market, and just 8.9% of listings carry a price cut. Despite solid year-over-year appreciation of 8.0%, the modest inventory and moderate days on market suggest this is a balanced environment where sellers have some leverage but should not assume rapid movement.

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Home price

Down payment20% · $111,908

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Common questions

What people ask us.

What is a typical home value in Chicago 60646?

The typical home value is $559,541 as of September 2026, reflecting an 8.0% increase over the past year.

How many homes are currently for sale in this area?

There are 27 homes for sale as of September 2026, with 24 new listings in that same period.

How long do homes typically stay on the market?

The median days on market is 30 as of September 2026.

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