Market Intelligence · IL / Chicago

Chicago, IL 60657 Housing Market

The typical home value in Chicago, IL 60657 is $542,580, up 12.4% over the past year. Homes carry a median list price of $599,900 and sell in a median of 25 days on market.

Updated August 2026Median value$543K

The median home value in Chicago, IL 60657 is $543K as of August 2026, up 12.4% 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 60657 range

$499K to $586K

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

+12.4% over 12 months

Typical home value in 60657 over the last 12 months: $483K in Aug 2025 to $543K in Aug 2026 (+12.4%).

Aug 2025$483K

Aug 2026$543K

The numbers

What is the 60657 housing market like?

Typical home value

$543K

Up12.4%YoY

Median list price

$600K

Down8.0%MoM

Days on market

25

Down19.4%MoM

Homes for sale

90

Up13.9%MoM

Price cuts

8.9%

Up166.1%MoM

New listings

76

Down15.6%MoM

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

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The comparison

How do 60657 home prices compare?

  • 60657$542,580
  • 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

Chicago, IL 60657 is a market where values have climbed quickly, with the typical home value at $542,580 and a gain of 12.4% over the past year. As of 2026-08-01, there are 90 homes for sale and 76 new listings, so buyers have a steady stream of fresh options. Homes move at a median of 25 days on market, which is a brisk pace, and the median list price sits at $599,900. Only 8.9% of listings have taken a price cut, which suggests sellers are generally pricing close to what buyers will pay. For a seller, this is a market that rewards accurate pricing and rewards it quickly.

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