Market Intelligence · IL / Chicago

Chicago, IL 60653 Housing Market

The typical home in Chicago's 60653 ZIP code is worth $329,340, up 1.6% over the past year. The median list price sits at $379,999, and homes spend a median of 41 days on the market.

Updated August 2026Median value$329K

The median home value in Chicago, IL 60653 is $329K as of August 2026, up 1.6% 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 60653 range

$303K to $356K

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

+1.6% over 12 months

Typical home value in 60653 over the last 12 months: $324K in Aug 2025 to $329K in Aug 2026 (+1.6%).

Aug 2025$324K

Aug 2026$329K

The numbers

What is the 60653 housing market like?

Typical home value

$329K

Up1.6%YoY

Median list price

$380K

Up7.1%MoM

Days on market

41

Down18.0%MoM

Homes for sale

48

Up14.3%MoM

Price cuts

5.1%

Down65.6%MoM

New listings

20

Up100.0%MoM

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

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The comparison

How do 60653 home prices compare?

  • 60653$329,340
  • 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 48 homes for sale in 60653, with 20 new listings coming on the market. The typical home value is $329,340, up 1.6% over the past year, a modest pace of appreciation. The median list price of $379,999 runs well above the typical value, which suggests sellers are aiming high or that larger, renovated homes make up much of the active inventory. Only 5.1% of listings have taken a price cut, so most sellers are holding firm on price. For a homeowner thinking about selling, this is a stable market where realistic pricing matters more than timing.

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20% · $65,868

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