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Chicago, IL 60619 Real Estate Market Report

ZIP Code: 60619
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
176
Active Listings
89
Sold Properties
87

Market Metrics

Median Listing Price
$219,900
Median Sold Price
$169,000
Median Price per Sqft
$144/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,827
Rent Range
$1,440 - $2,172

false


Liquidity & Velocity

Median Days on Market
196
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. $169,000 median sold price is the clearest indicator of realized value—paired with a prolonged 196 days median days on market, this combination signals slower sales velocity despite realized transaction prices, and sellers should expect longer marketing periods.

  2. $219,900 median listing price vs. $169,000 median sold price reflects a significant pricing gap that may require sellers to adjust expectations or negotiate concessions to reach contract terms.

  3. $144.1346153846154/sqft median price per square foot positions comparable properties at a moderate pricing layer—investors and appraisers should use this as the representative recent sale benchmark when reconciling offers.

  4. $1,827 median market rent and an indicated rent trend of up suggest continued rental demand, which supports buy-and-hold strategies; however, elevated interest rate pressure (elevated) may compress owner-occupier affordability and slow purchase demand.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

8041 S Blackstone Ave, Chicago, IL 60619
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
2,004 sqft
$424,900
Jan 1, 2026
$212/sqft/sqft
154 days on market
101 E 89th Pl, Chicago, IL 60619
Premium

Sold above market average

3 beds
2 baths
1,869 sqft
$402,000
Feb 1, 2026
$215/sqft/sqft
518 E 90th St, Chicago, IL 60619
Quick Flip

Sold below market average

4 beds
1 baths
3,200 sqft
$389,900
Feb 1, 2026
$122/sqft/sqft
100 days on market
7955 S Blackstone Ave, Chicago, IL 60619
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds
2 baths
1,766 sqft
$310,000
Feb 1, 2026
$176/sqft/sqft
23 days on market
7950 S Indiana Ave, Chicago, IL 60619
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,517 sqft
$165,000
Jan 1, 2026
$109/sqft/sqft
198 days on market
8237 S Michigan Ave, Chicago, IL 60619
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,152 sqft
$162,000
Mar 1, 2026
$141/sqft/sqft
7747 S Langley Ave, Chicago, IL 60619
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,176 sqft
$161,000
Feb 1, 2026
$137/sqft/sqft
715 E 91st Pl, Chicago, IL 60619
Quick Flip

Sold below market average

2 beds
2 baths
861 sqft
$60,000
Jan 1, 2026
$70/sqft/sqft
220 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/10/2026

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