Is Calumet City, IL 60409 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Calumet City is a buyer’s market. With about 6.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score29/ 100

More competitive than 25% of U.S. ZIP codes, and #447 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply6.8Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list96.8%Sold price ÷ list price
Median days on market112Listing to accepted offer
Median price per sq ft$113▼ −9.9% vs. last year

The Calumet City housing market right now

In the three months ending August 31, 2026, 31% of homes in Calumet City, IL 60409 sold above their list price, the typical home went under contract in 112 days and there were 6.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 97 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (30% then), homes sold more slowly (85 days then) and the median sale price fell 9% to $149,685. Overall, Calumet City is less competitive than a year ago, which gives buyers more room.

Within Cook County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 85%. On our competition score, Calumet City ranks #447 of 464 IL ZIP codes with enough sales (score 29 out of 100).

Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.

Nearby markets

Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →

Where Calumet City is

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Questions about Calumet City real estate

Is Calumet City a buyer’s or seller’s market?

A buyer’s market: there were 6.8 months of supply in Calumet City, IL 60409 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Calumet City?

The typical home went under contract in 112 days in the latest three months.

Do homes in Calumet City sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 96.8% of the list price.

What are property taxes in Calumet City?

About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.

What is the median home price in Calumet City?

The median sale price was $149,685 in the three months ending August 31, 2026, about $113 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology