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Canal Trustees Cityfront Center Cityfront Place Gold Coast Kinzies Addition Magnificent Mile Magnificent Mile (Michigan Avenue) McCormickville Near North Side River East Shantytown Streeterville

CHICAGO, IL 60611

Real Estate Market Report  ·  Cook County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60611

Canal Trustees · Cityfront Center · Cityfront Place · Gold Coast · Kinzies Addition · Magnificent Mile · Magnificent Mile (Michigan Avenue) · McCormickville · Near North Side · River East · Shantytown · Streeterville

Market Analysis

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

The CHICAGO, IL real estate market (60611) currently shows 442 active listings, with 120 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 109 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 56 days last year.

The median listing price has risen 1.5% year-over-year, from $672,500 to $682,500.

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: 35,247  ·  Density: 17,163.0/mi²  ·  Median household income: $126,812

Typical home value: $664,064  ·  Homeownership: 43.4%

Market Overview

Active Listings
442
⇩ 19.8% vs 551 last year
Pending
120
27% pending ratio
Median Price
$682,500
⇧ 1.5% vs $672,500 last year
Average Price
$1,128,223
⇩ 2.1% vs $1,152,928 last year
Days on Market
57
⇧ 1.8% vs 56 days last year

Price Per Square Foot

Median $/sqft
$465
⇧ 4% vs $447/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 442 this year vs 551 last year
  • Days on market: 57 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $682,500 (+1.5% YoY)
  • Average: $1,128,223 (-2.1% 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 6.0 miles — 1,233 listings ($1,137,512,924 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60611Chicago, IL 606110.0 mi414$469,790,640$690,000$1,134,760
60654Chicago, IL 606540.9 mi111$105,439,233$462,000$949,903
60603Chicago, IL 606031.1 mi20$11,488,000$575,000$574,400
60604Chicago, IL 606041.3 mi4$2,118,000$487,000$529,500
60661Chicago, IL 606611.5 mi38$17,496,264$437,000$460,428
60642Chicago, IL 606422.0 mi51$53,639,250$885,000$1,051,750
60614Chicago, IL 606142.5 mi106$186,116,496$895,000$1,755,816
60616Chicago, IL 606163.5 mi124$48,994,136$370,000$395,114
60612Chicago, IL 606123.7 mi68$40,386,152$447,450$593,914
60647Chicago, IL 606474.6 mi74$57,509,692$674,900$777,158
60653Chicago, IL 606535.2 mi63$26,344,269$362,500$418,163
60618Chicago, IL 606185.6 mi104$102,286,288$665,000$983,522
60609Chicago, IL 606096.0 mi56$15,904,504$244,900$284,009

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60611?

As of February 2026, there are 442 active listings in CHICAGO, IL (zip code 60611), compared to 551 the prior year.

What is the median home price in CHICAGO, IL 60611?

The median listing price in CHICAGO, IL 60611 is $682,500 as of February 2026, a 1.5% increase from $672,500 the prior year.

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

Homes in CHICAGO, IL 60611 spend an average of 57 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60611?

Based on current inventory and days-on-market data as of February 2026, CHICAGO, IL 60611 is currently a Balanced Market. Inventory has tightened compared to last year, with 109 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 56 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 60611 save an estimated $13,650 compared to a typical 5% commission on the median listing price of $682,500. 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.