Call or Text (240) SELL-123
Chicago Loop (The Loop) Loop Millenium Park New Eastside

CHICAGO, IL 60601

Real Estate Market Report  ·  Cook County
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60601

Chicago Loop (The Loop) · Loop · Millenium Park · New Eastside

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHICAGO, IL real estate market (60601) currently shows 119 active listings, with 28 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39 days on market compared to 59 days last year.

The median listing price has risen 38.7% year-over-year, from $571,000 to $792,000.

Whether you are buying or selling in CHICAGO, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CHICAGO, IL 60601 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,398  ·  Density: 16,290.5/mi²  ·  Median household income: $121,294

Typical home value: $608,488  ·  Homeownership: 30.5%

Market Overview

Active Listings
119
⇩ 9.2% vs 131 last year
Pending
28
24% pending ratio
Median Price
$792,000
⇧ 38.7% vs $571,000 last year
Average Price
$1,291,071
⇧ 16% vs $1,112,679 last year
Days on Market
39
⇩ 33.9% vs 59 days last year

Price Per Square Foot

Median $/sqft
$617
⇧ 14.3% vs $540/sqft last year
Median Home Size
1,400 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 131 last year
  • Days on market: 39 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $792,000 (+38.7% YoY)
  • Average: $1,291,071 (+16% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.8 miles — 1,522 listings ($1,187,248,697 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60601Chicago, IL 606010.0 mi95$123,325,105$812,000$1,298,159
60603Chicago, IL 606030.4 mi20$11,488,000$575,000$574,400
60611Chicago, IL 606110.7 mi414$469,790,640$690,000$1,134,760
60654Chicago, IL 606540.9 mi111$105,439,233$462,000$949,903
60605Chicago, IL 606051.3 mi124$60,619,012$382,450$488,863
60607Chicago, IL 606071.7 mi108$88,939,188$549,950$823,511
60616Chicago, IL 606162.8 mi124$48,994,136$370,000$395,114
60622Chicago, IL 606223.4 mi100$101,471,100$739,950$1,014,711
60608Chicago, IL 606083.6 mi65$26,605,800$359,995$409,320
60653Chicago, IL 606534.6 mi63$26,344,269$362,500$418,163
60613Chicago, IL 606135.2 mi117$64,292,085$259,900$549,505
60609Chicago, IL 606095.3 mi56$15,904,504$244,900$284,009
60615Chicago, IL 606155.8 mi125$44,035,625$285,000$352,285

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60601?

As of February 2026, there are 119 active listings in CHICAGO, IL (zip code 60601), compared to 131 the prior year.

What is the median home price in CHICAGO, IL 60601?

The median listing price in CHICAGO, IL 60601 is $792,000 as of February 2026, a 38.7% increase from $571,000 the prior year.

How long do homes stay on the market in CHICAGO, IL?

Homes in CHICAGO, IL 60601 spend an average of 39 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60601?

Based on current inventory and days-on-market data as of February 2026, CHICAGO, IL 60601 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 59 days last year.

How much can I save on real estate commission in CHICAGO, IL?

With SELL123.com's maximum 3% commission, sellers in CHICAGO, IL 60601 save an estimated $15,840 compared to a typical 5% commission on the median listing price of $792,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.