Market Intelligence · IL / Chicago

Chicago, IL 60651 Housing Market

The typical home value in Chicago's 60651 ZIP code is $291,101, up 5.1% over the past year. The median list price sits at $388,472, and homes are taking a median of 40 days on market to sell as of June 2026.

Updated June 2026Median value$291K

The median home value in Chicago, IL 60651 is $291K as of June 2026, up 5.1% 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 60651 range

$268K to $314K

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

+5.1% over 12 months

Typical home value in 60651 over the last 12 months: $277K in Jun 2025 to $291K in Jun 2026 (+5.1%).

Jun 2025$277K

Jun 2026$291K

The numbers

What is the 60651 housing market like?

Typical home value

$291K

Up5.1%YoY

Median list price

$388K

Days on market

40

Down30.4%MoM

Homes for sale

24

Price cuts

26.9%

New listings

8

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

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The comparison

How do 60651 home prices compare?

  • 60651$291,101
  • 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 24 homes for sale in 60651, with 8 new listings added recently. The median list price is $388,472, while the typical home value is $291,101, up 5.1% over the past year. Homes are spending a median of 40 days on market, and 26.9% of listings have had a price cut. For sellers, values are still rising, but the share of price cuts suggests some buyers expect room to negotiate, so pricing carefully matters.

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