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Brookdale Essex Greater Grand Crossing Hyde Park Jackson Park Jackson Park Terrace Park Manor Poverty Row South Shore Washington Park Woodlawn

CHICAGO, IL 60637

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60637

Brookdale · Essex · Greater Grand Crossing · Hyde Park · Jackson Park · Jackson Park Terrace · Park Manor · Poverty Row · South Shore · Washington Park · Woodlawn

Market Analysis

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

The CHICAGO, IL real estate market (60637) currently shows 124 active listings, with 37 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 49 days last year.

The median listing price has risen 17% year-over-year, from $238,975 to $279,500.

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: 51,145  ·  Density: 4,361.5/mi²  ·  Median household income: $37,247

Typical home value: $249,500  ·  Homeownership: 25.7%

Market Overview

Active Listings
124
⇧ 4.2% vs 119 last year
Pending
37
30% pending ratio
Median Price
$279,500
⇧ 17% vs $238,975 last year
Average Price
$385,733
⇧ 26.6% vs $304,636 last year
Days on Market
58
⇧ 18.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$165
⇧ 2.5% vs $161/sqft last year
Median Home Size
1,595 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 124 this year vs 119 last year
  • Days on market: 58 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $279,500 (+17% YoY)
  • Average: $385,733 (+26.6% 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 7.2 miles — 1,297 listings ($509,749,339 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60637Chicago, IL 606370.0 mi115$40,344,070$279,500$350,818
60621Chicago, IL 606211.9 mi48$8,814,096$175,000$183,627
60653Chicago, IL 606532.6 mi63$26,344,269$362,500$418,163
60636Chicago, IL 606363.4 mi84$15,545,964$188,450$185,071
60620Chicago, IL 606203.8 mi167$42,394,954$256,250$253,862
60617Chicago, IL 606175.3 mi201$44,808,126$219,950$222,926
60608Chicago, IL 606085.8 mi65$26,605,800$359,995$409,320
60632Chicago, IL 606326.0 mi40$14,176,600$365,000$354,415
60628Chicago, IL 606286.3 mi243$46,676,169$187,450$192,083
60805Evergreen Park, IL 608056.6 mi50$17,091,300$339,750$341,826
60607Chicago, IL 606076.9 mi108$88,939,188$549,950$823,511
60602Chicago, IL 606027.1 mi18$14,683,698$750,000$815,761
60601Chicago, IL 606017.2 mi95$123,325,105$812,000$1,298,159

Frequently Asked Questions

How many homes are for sale in CHICAGO, IL 60637?

As of February 2026, there are 124 active listings in CHICAGO, IL (zip code 60637), compared to 119 the prior year.

What is the median home price in CHICAGO, IL 60637?

The median listing price in CHICAGO, IL 60637 is $279,500 as of February 2026, a 17% increase from $238,975 the prior year.

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

Homes in CHICAGO, IL 60637 spend an average of 58 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in CHICAGO, IL 60637?

Based on current inventory and days-on-market data as of February 2026, CHICAGO, IL 60637 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 49 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 60637 save an estimated $5,590 compared to a typical 5% commission on the median listing price of $279,500. 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.