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CHICAGO, IL 60617

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

Neighborhoods in ZIP 60617

Avalon Park · Calumet · Calumet Heights · East Side · Green Bay · Hegewisch · Irondale · Ironworkers Addition to South Chicago · Jeffery Manor · Merrionette Manor · Pill Hill (Calumet Heights) · South Chicago · South Chicago Heights · South Deering · Stony Island · Stony Island Heights · Taylors Addition to South Chicago · Trumbull Park Homes · Trumbull Park Terrace

Market Analysis

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

The CHICAGO, IL real estate market (60617) currently shows 192 active listings, with 65 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 56 days last year.

The median listing price has fallen 7.5% year-over-year, from $232,463 to $214,950.

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: 83,188  ·  Density: 2,349.1/mi²  ·  Median household income: $51,203

Typical home value: $158,247  ·  Homeownership: 57.3%

Market Overview

Active Listings
192
⇧ 5.5% vs 182 last year
Pending
65
34% pending ratio
Median Price
$214,950
⇩ 7.5% vs $232,463 last year
Average Price
$215,598
⇩ 0.5% vs $216,711 last year
Days on Market
55
⇩ 1.8% vs 56 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 6.5% vs $138/sqft last year
Median Home Size
1,391 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 192 this year vs 182 last year
  • Days on market: 55 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $214,950 (-7.5% YoY)
  • Average: $215,598 (-0.5% 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 8.6 miles — 1,700 listings ($385,335,216 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60617Chicago, IL 606170.0 mi201$44,808,126$219,950$222,926
60619Chicago, IL 606193.3 mi199$44,011,039$229,900$221,161
60628Chicago, IL 606283.5 mi243$46,676,169$187,450$192,083
60637Chicago, IL 606375.3 mi115$40,344,070$279,500$350,818
60643Chicago, IL 606435.6 mi125$37,286,875$237,950$298,295
60827Riverdale, IL 608275.8 mi88$13,320,912$146,000$151,374
60419Dolton, IL 604196.3 mi141$25,815,549$176,200$183,089
60409Calumet City, IL 604096.9 mi199$33,128,923$170,000$166,477
60636Chicago, IL 606367.2 mi84$15,545,964$188,450$185,071
60406Blue Island, IL 604067.6 mi46$8,755,456$194,000$190,336
60653Chicago, IL 606537.8 mi63$26,344,269$362,500$418,163
60473South Holland, IL 604738.3 mi140$33,393,360$229,950$238,524
60609Chicago, IL 606098.6 mi56$15,904,504$244,900$284,009

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60617?

As of February 2026, there are 192 active listings in CHICAGO, IL (zip code 60617), compared to 182 the prior year.

What is the median home price in CHICAGO, IL 60617?

The median listing price in CHICAGO, IL 60617 is $214,950 as of February 2026, a 7.5% decrease from $232,463 the prior year.

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

Homes in CHICAGO, IL 60617 spend an average of 55 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 60617?

Based on current inventory and days-on-market data as of February 2026, CHICAGO, IL 60617 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 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 60617 save an estimated $4,299 compared to a typical 5% commission on the median listing price of $214,950. 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.