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Updated May 2026 · Redfin · 3-month window

60616 Real Estate Market Update: Chicago, IL, May 2026

The latest housing-market numbers for ZIP code 60616 in Chicago, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 60616 · Chicago, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$395K▲ +1.2%▼ -0.4%
Days on market53• 0.0%▼ -7.0%
Homes for sale146▼ -2.7%▼ -20.7%
Sale-to-list99.8%▼ -0.2%▼ -0.3%
Homes sold141▲ +17.5%▲ +25.9%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 60616 numbers say

The 60616 ZIP in Chicago is leveling off. The median sale price is $395,000, roughly flat year over year. Pace is steady: a typical listing goes under contract in about 53 days, with sellers getting 99.8% of list price.

Based on 141 recent sales, 60616 is currently an active market.

What this means if you sell in 60616

Use these figures to set expectations early. Lead a listing appointment with the median price and the 53-day pace, show the year-over-year direction, and frame 60616 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 60616 housing market

What is the median home price in ZIP 60616 (Chicago, IL)?
As of May 2026, the median sale price in ZIP 60616 is $395,000 (-0.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 60616 a buyer's or seller's market right now?
ZIP 60616 is currently an active market, based on a 99.8% sale-to-list ratio, about 53 days on market for May 2026.
How long do homes take to sell in ZIP 60616?
A typical listing in 60616 goes under contract in about 53 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 60616 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

Zoom out: the Chicago market

Chicago, IL full market update →All Illinois markets →All Illinois ZIP codes →

Nearby Illinois ZIP codes

60614 · Chicago60657 · Chicago60611 · Chicago60622 · Chicago60618 · Chicago60647 · Chicago60613 · Chicago60610 · Chicago60640 · Chicago60543 · OswegoAll Illinois ZIP codes →

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<a href="https://getlokal.io/il/zip/60616/" rel="dofollow">60616 Chicago real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.