Market Intelligence · IL / Chicago

Chicago, IL 60646 Housing Market

The typical home value in Chicago, IL 60646 is $564,169, up 7.5% over the past year as of 2026-08-01. Sellers were listing at a median of $580,000, and homes moved in a median of 29 days.

Updated August 2026Median value$564K

The median home value in Chicago, IL 60646 is $564K as of August 2026, up 7.5% 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.

Get a cash offer

Sell without the wait

Sell your Chicago home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 60646 range

$519K to $609K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 60646 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Chicago, IL.

12-month value trend

+7.5% over 12 months

Typical home value in 60646 over the last 12 months: $525K in Aug 2025 to $564K in Aug 2026 (+7.5%).

Aug 2025$525K

Aug 2026$564K

The numbers

What is the 60646 housing market like?

Typical home value

$564K

Up7.5%YoY

Median list price

$580K

Down2.4%MoM

Days on market

29

Up26.1%MoM

Homes for sale

27

Down22.9%MoM

Price cuts

11.9%

Up57.9%MoM

New listings

16

Down46.7%MoM

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

Free home value report

See what your 60646 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 60646 home prices compare?

  • 60646$564,169
  • 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

As of 2026-08-01, Chicago, IL 60646 had 27 homes for sale and 16 new listings, with a median list price of $580,000. The typical home value was $564,169, up 7.5% over the past year. A median of 29 days on market points to steady demand rather than a stalled market. The 11.9% share of listings with a price cut shows some sellers are adjusting, but most are not. For a seller, the read is favorable, though pricing still needs to match the condition and block.

Monthly payment

Estimate your monthly payment.

20% · $112,834

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.