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Is Chicago, IL 60623 a buyer’s or seller’s market?

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

Chicago is a buyer’s market. With about 7.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.4Under 4 months = seller’s market

Sold above original list26.9%Share of sales, last 3 months

Median sale-to-list97.3%Sold price ÷ list price

Median days on market71Listing to accepted offer

Median price per sq ft$151▲ +10.2% vs. last year

Run the numbers for 60623

Prefilled for 60623Can I win this house?Multiple-offer likelihood for a listing Prefilled for 60623Over-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