How much is a home in 60647 worth?

The typical home value in 60647 is $584,115, up 9.0% over the past year. The median list price for homes currently on the market is $675,000.

How fast do homes sell in 60647?

Homes in 60647 spend a median of 24 days on market. As of 2026-08-01, there were 59 homes for sale and 56 new listings.

Are sellers cutting prices in 60647?

Only 7.6% of listings in 60647 have a price cut. That small share suggests most sellers are pricing close to what buyers will pay.

Market Intelligence · IL / Chicago

Chicago, IL 60647 Housing Market

The typical home in Chicago's 60647 ZIP code is worth $584,115, up 9.0% over the past year. Sellers are listing at a median of $675,000, and homes are moving in a median of 24 days on market.

Updated August 2026Median value$584K

The median home value in Chicago, IL 60647 is $584K as of August 2026, up 9.0% 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 60647 range

$537K to $631K

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

+9.0% over 12 months

Aug 2025$536K

Low $536KHigh $584K

Aug 2026$584K

The numbers

What is the 60647 housing market like?

As of August 2026

Typical home value

$584K

9.0%YoY

Median list price

$675K

3.4%MoM

Days on market

25.0%MoM

Homes for sale

11.3%MoM

Price cuts

7.6%

160.8%MoM

New listings

3.4%MoM

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

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The comparison

How do 60647 home prices compare?

60647$584,115
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, there were 59 homes for sale in 60647, with 56 new listings hitting the market. The median list price sits at $675,000, while the typical home value is $584,115, a figure up 9.0% over the past year. Homes are selling at a median of 24 days on market, which points to steady buyer demand. Only 7.6% of listings have taken a price cut, so most sellers are holding firm on their asking prices. For a homeowner thinking about selling, the data describes a market where well-priced homes find buyers quickly.

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