Market Intelligence · IL / Chicago

Chicago, IL 60647 Housing Market

The typical home in Chicago's 60647 is valued at $586,895, up 7.4% over the past year. The median list price sits at $717,250, and homes are moving at a median of 21 days on market.

Updated June 2026Median value$587K

The median home value in Chicago, IL 60647 is $587K as of June 2026, up 7.4% 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 60647 range

$540K to $634K

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

+7.4% over 12 months

Typical home value in 60647 over the last 12 months: $547K in Jun 2025 to $587K in Jun 2026 (+7.4%).

Jun 2025$547K

Jun 2026$587K

The numbers

What is the 60647 housing market like?

Typical home value

$587K

Up7.4%YoY

Median list price

$717K

Days on market

21

Down41.7%MoM

Homes for sale

56

Price cuts

5.3%

New listings

66

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

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The comparison

How do 60647 home prices compare?

  • 60647$586,895
  • 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 56 homes for sale in 60647, with 66 new listings added recently. The median list price is $717,250, while the typical home value is $586,895, up 7.4% over the past year. Homes are selling at a median of 21 days on market, and just 5.3% of listings have taken a price cut. For a seller, the combination of rising values and quick turnaround suggests steady demand, though pricing to the market still matters.

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