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All market snapshots / 60647

Chicago, IL 60647 Housing Market

Data snapshot: October 19, 2026. Closed-sale window: last 6 months.
Chicago, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3030PendingPending sales: 44
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): $662k$662kSoldMedian sold price (last 6 months): $689k$689k
What homes actually sell for in Chicago, IL
Distribution of 540 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $525k to $946k
$318k to $484k: 80 sales$318k$484k to $651k: 146 sales146sales$651k to $818k: 93 sales$651k$818k to $984k: 81 sales$984k to $1.15M: 38 sales$984k$1.15M to $1.32M: 22 sales$1.32M to $1.48M: 10 sales$1.32M$1.48M to $1.65M: 16 salesMedian $689k

What the numbers say

As of October 19, 2026, Resideline is tracking 30 active listings and 4 pending sales in ZIP code 60647. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $662,000, while the median of the 540 closed sales Resideline tracked over the last six months was $689,000. 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 76 days.

Frequently asked questions

What is the median home price in 60647?

The median closed sale price in Chicago, IL 60647 was $689,000 over the last six months, based on 540 closed sales tracked by Resideline. The middle half of those sales ranged from $525,000 to $945,750.

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

Resideline is currently tracking 4 pending sales against 30 active listings in 60647, a pending-to-active ratio of 0.13. 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 balanced market.

Nearby ZIP code market data

Full Chicago, IL housing market report →

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