Is Chicago, IL 60609 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chicago is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market

Sold above original list34.1%Share of sales, last 3 months

Median sale-to-list99%Sold price ÷ list price

Median days on market56Listing to accepted offer

Median price per sq ft$213▲ +12.6% vs. last year

Run the numbers for 60609

Prefilled for 60609Can I win this house?Multiple-offer likelihood for a listing Prefilled for 60609Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

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

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