Chicago, IL 60636 Real Estate Market Report

ZIP Code: 60636
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

---

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.

---

Market Metrics

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

---

Property Taxes

---

Liquidity & Velocity

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Chicago 60636 are 6.3% compared to the 6.0% average observed in early 2026, indicating that property owners who secured loans earlier this year locked in more favorable borrowing costs.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

---

Key Findings

1. The neighborhood's primary market-value indicator is the median sold price, which stands at $143,000, and this figure should be treated as the most reliable signal of recent transaction activity given available data and the up year-over-year price trend.

2. There is a notable pricing gap between the median listing price of $207,000 and the median sold price of $143,000, which may indicate pricing friction or optimistic seller expectations relative to recent transaction prices.

3. The median days on market is 266, which signals slower sales velocity and suggests that liquidity is elongated even as the market temperature appears neutral.

4. Interest rate conditions are a headwind: interest rate pressure is labeled elevated, and this, coupled with a rising rent trend and a median market rent of $1,450, suggests buyers may be pacing decisions while investors and renters are seeing up rent momentum; median price per square foot remains $138, supporting location-level valuation benchmarks.

---

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.