Market Intelligence · IL / Chicago

Chicago, IL 60654 Housing Market

The typical home in Chicago, IL 60654 is worth $384,201, up 1.0% over the past year. The median list price is $450,000, and homes spend a median of 30 days on market before going under contract.

Updated August 2026Median value$384K

The median home value in Chicago, IL 60654 is $384K as of August 2026, up 1.0% 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.

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 60654 range

$353K to $415K

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 60654 market stats. Unsubscribe anytime.

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

12-month value trend

+1.0% over 12 months

Typical home value in 60654 over the last 12 months: $380K in Aug 2025 to $384K in Aug 2026 (+1.0%).

Aug 2025$380K

Aug 2026$384K

The numbers

What is the 60654 housing market like?

Typical home value

$384K

Up1.0%YoY

Median list price

$450K

Down6.2%MoM

Days on market

30

Down3.2%MoM

Homes for sale

113

Up13.0%MoM

Price cuts

7.7%

Up36.6%MoM

New listings

48

Down14.3%MoM

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

Free home value report

See what your 60654 home is worth.

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

The comparison

How do 60654 home prices compare?

  • 60654$384,201
  • 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 are 113 homes for sale in 60654, with 48 new listings coming to market. The median list price of $450,000 sits above the typical home value of $384,201, which suggests sellers are pricing with room for negotiation. Only 7.7% of listings have had a price cut, a low share that points to sellers holding firm on asking prices. Homes are moving at a median of 30 days on market, so well-priced properties are finding buyers without long waits. For a seller, this is a steady, modestly appreciating market where realistic pricing matters more than aggressive asking.

Monthly payment

Estimate your monthly payment.

20% · $76,840

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.