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CHICAGO, IL 60608

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

Neighborhoods in ZIP 60608

Bridgeport · Canalport · Ducktown · Lawndale · Locks · Lower West Side · Lower West Side (Pilsen) · McKinley Park · Medical Village · Mount Pleasant · North Lawndale · South Lawndale (Little Village) · Tri-taylor · University Village

Market Analysis

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

The CHICAGO, IL real estate market (60608) currently shows 75 active listings, with 32 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 34 days on market compared to 43 days last year.

The median listing price has fallen 2.3% year-over-year, from $376,225 to $367,498.

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.

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Market Context

Market Context

Population: 82,749  ·  Density: 5,114.6/mi²  ·  Median household income: $66,821

Typical home value: $322,592  ·  Homeownership: 39.5%

Market Overview

Active Listings
75
⇩ 2.6% vs 77 last year
Pending
32
43% pending ratio
Median Price
$367,498
⇩ 2.3% vs $376,225 last year
Average Price
$424,597
⇩ 7.6% vs $459,533 last year
Days on Market
34
⇩ 20.9% vs 43 days last year

Price Per Square Foot

Median $/sqft
$308
⇧ 6.2% vs $290/sqft last year
Median Home Size
1,250 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 77 last year
  • Days on market: 34 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $367,498 (-2.3% YoY)
  • Average: $424,597 (-7.6% 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 5.1 miles — 1,052 listings ($692,938,609 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60608Chicago, IL 606080.0 mi65$26,605,800$359,995$409,320
60616Chicago, IL 606162.3 mi124$48,994,136$370,000$395,114
60623Chicago, IL 606232.4 mi15$4,259,580$293,000$283,972
60661Chicago, IL 606612.7 mi38$17,496,264$437,000$460,428
60605Chicago, IL 606052.9 mi124$60,619,012$382,450$488,863
60603Chicago, IL 606033.1 mi20$11,488,000$575,000$574,400
60632Chicago, IL 606323.4 mi40$14,176,600$365,000$354,415
60654Chicago, IL 606543.5 mi111$105,439,233$462,000$949,903
60642Chicago, IL 606423.7 mi51$53,639,250$885,000$1,051,750
60622Chicago, IL 606223.8 mi100$101,471,100$739,950$1,014,711
60610Chicago, IL 606104.2 mi155$189,168,045$520,000$1,220,439
60615Chicago, IL 606154.8 mi125$44,035,625$285,000$352,285
60636Chicago, IL 606365.1 mi84$15,545,964$188,450$185,071

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60608?

As of February 2026, there are 75 active listings in CHICAGO, IL (zip code 60608), compared to 77 the prior year.

What is the median home price in CHICAGO, IL 60608?

The median listing price in CHICAGO, IL 60608 is $367,498 as of February 2026, a 2.3% decrease from $376,225 the prior year.

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

Homes in CHICAGO, IL 60608 spend an average of 34 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60608?

Based on current inventory and days-on-market data as of February 2026, CHICAGO, IL 60608 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 43 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 60608 save an estimated $7,350 compared to a typical 5% commission on the median listing price of $367,498. 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.