Housing market · ZIP 60640

Chicago, IL Home Prices & Forecast

Median value and 12-month outlook · as of April 2026

Median home value

$349,589

3-month+1.3%

6-month+0.1%

12-month+1.7%

Touse 12-month forecast

+2.6%

Projected median near $358,800 over the next 12 months

As of April 2026, the median home value in Chicago, IL (ZIP 60640) is $349,589. Prices are stable, up 1.7% over the past year. Touse's model projects a +2.6% change over the next 12 months, putting the median near $358,800.

See what you can afford here →

Nearby areas in Cook

Arlington Heights 60004 Arlington Heights 60005 Arlington Heights 60006 Elk Grove Village 60007 Rolling Meadows 60008 Elk Grove Village 60009 Des Plaines 60016 Des Plaines 60017

Estimates are derived from Zillow Research price history and Touse's forecasting model (LightGBM + Prophet). Forecasts are 12-month projections with inherent uncertainty, not guarantees, and are not financial advice. Confirm with a licensed professional before any decision.