Market Intelligence · IL / Chicago

Chicago, IL 60661 Housing Market

The typical home value in Chicago's 60661 ZIP code stands at $349,059, up 3.4% over the past year. The median list price is $397,475, with homes spending a median of 39 days on market as of September 2026.

Updated September 2026Median value$349K

The median home value in Chicago, IL 60661 is $349K as of September 2026, up 3.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 60661 range

$321K to $377K

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

+3.4% over 12 months

Sep 2025$338K

Low $331KHigh $349K

Sep 2026$349K

The numbers

What is the 60661 housing market like?

As of September 2026

Typical home value

$349K

3.4%YoY

Median list price

$397K

0.6%MoM

Days on market

18.2%MoM

Homes for sale

9.4%MoM

Price cuts

7.3%

58.8%MoM

New listings

37.5%MoM

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

The outlook

60661 housing market forecast 2027

+1.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60661 to rise 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in 60661 rose 3.4%, per the Zillow Home Value Index.

Will home prices drop in 60661?

Zillow's forecast does not call for a drop: it expects typical home values in 60661 to rise 1.5% by September 2027, after a 3.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60661 home prices compare?

60661$349,059
Chicago$334,866
Illinois$194,737
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Chicago: 56 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Inventory remains lean in 60661, with 35 homes for sale and only 10 new listings as of September 2026. At a median of 39 days on market, homes are moving at a steady pace. The 3.4% year-over-year increase in typical home value reflects modest appreciation. Only 7.3% of listings have seen a price cut, suggesting sellers have generally held their asking prices. If you're thinking about listing, the tight inventory works in your favor, though you should prepare for a market where buyers are still selective.

Monthly payment

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Home price

Down payment20% · $69,812

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Common questions

What people ask us.

How much is a home in 60661 worth?

The typical home value in 60661 is $349,059, up 3.4% over the past year as of September 2026.

How long do homes stay on the market in 60661?

Homes in 60661 spend a median of 39 days on the market as of September 2026.

What's the median list price in 60661?

The median list price in 60661 is $397,475 as of September 2026.

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