Start Free
All market snapshots / 60647

Chicago, IL 60647 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Chicago, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.36
ActiveActive listings: 3636PendingPending sales: 1313
Chicago, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $699k$699kSoldMedian sold price (last 6 months): $695k$695k
What homes actually sell for in Chicago, IL
Distribution of 589 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $525k to $950k
$315k to $478k: 88 sales$315k$478k to $640k: 148 sales148sales$640k to $802k: 106 sales$640k$802k to $965k: 82 sales$965k to $1.13M: 41 sales$965k$1.13M to $1.29M: 33 sales$1.29M to $1.45M: 21 sales$1.29M$1.45M to $1.62M: 16 salesMedian $695k

What the numbers say

As of September 14, 2026, Resideline is tracking 36 active listings and 13 pending sales in ZIP code 60647. That pending-to-active ratio of 0.36 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $699,000, while the median of the 589 closed sales Resideline tracked over the last six months was $695,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 60647 for 54 days.

Frequently asked questions

What is the median home price in 60647?

The median closed sale price in Chicago, IL 60647 was $695,000 over the last six months, based on 589 closed sales tracked by Resideline. The middle half of those sales ranged from $525,000 to $950,000.

Is 60647 a buyer's or seller's market?

Resideline is currently tracking 13 pending sales against 36 active listings in 60647, a pending-to-active ratio of 0.36. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 60647 currently looks like a competitive market.

Nearby ZIP code market data

Full Chicago, IL housing market report →
Run any 60647 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.