The Unshakable Investor

Unshakable ZIP Data 60616 | Chicago, IL Housing Market

Chicago · Cook County · Chicago-Naperville-Elgin, IL-IN-WI metro · Illinois · Data updated June 19, 2026

The median sale price in ZIP 60616, Chicago, Illinois is $394,883 at $320 per square foot. 145 single-family homes sold in the latest period, up 29.6 percent from a year earlier. Homes sit a median of 53 days on market with 3.3 months of supply. Sellers are getting 99.8 percent of list price and 34.8 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$512,804
Average price per sq ft$416
Median sale price$394,883
Median sale price per sq ft$320
Median home size1,234 sq ft
Median new listing price$356,354-10.9%
National size rank949

Sales activity

MetricValueYear over year
Homes sold145+29.6%
Median days on market53 days
Months of supply3.3 months
New listings202-6.0%
Active listings337+2.5%
Pending sales181+14.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.8%-0.3 pts
Share sold above list34.8%-1.9 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$260,172
2-bedroom
$376,199
3-bedroom
$486,158
4-bedroom
$648,464
5-bedroom
$665,319

These figures describe the single-family market for Chicago, Illinois ZIP 60616. They are market context, not a substitute for sold comps or a formal appraisal.