Is Chicago, IL 60652 a buyer’s or seller’s market?
Chicago is a seller’s market. With about 3.2 months of supply and 52% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 69% of U.S. ZIP codes, and #238 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
The Chicago housing market right now
In the three months ending August 31, 2026, 52% of homes in Chicago, IL 60652 sold above their list price, the typical home went under contract in 59 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 62 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 48%, homes sold more slowly (56 days then) and the median sale price held steady to $312,365. Overall, Chicago is about as competitive as it was a year ago.
Within Cook County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Chicago ranks #238 of 464 IL ZIP codes with enough sales (score 66 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.
Run the numbers for 60652
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 →Towns like Chicago nearby
Find towns like Chicago in other states →Where Chicago is
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Questions about Chicago real estate
Is Chicago a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Chicago, IL 60652 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 Chicago?
The typical home went under contract in 59 days in the latest three months.
Do homes in Chicago sell over asking?
52% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in Chicago?
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 Chicago?
The median sale price was $312,365 in the three months ending August 31, 2026, about $244 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