4-week rolling average · Data through March 12, 2026 · ZIP 60610
The Near North Side of Chicago (60610) is showing a notable gap between the median list price of $469,900 and the median sale price of $2,499,000, suggesting the market is driven by high-end luxury transactions pulling the sale price average significantly upward. With 263 active listings and a median days on market of 44, the area reflects a warm market with moderate buyer competition. At $533.20 per square foot, pricing remains firmly in premium territory for the Chicago metro.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $290K | $3K/mo |
| 2BR | $465K | $4K/mo |
| 3BR | $890K | $6K/mo |
| 4BR | $1.30M | $7K/mo |
| 5BR | $3.40M | $6K/mo |
| 6BR | $2.25M | — |
| 7BR | $4.39M | — |
| 8BR | $1.90M | — |
Sellers in the luxury segment are commanding strong prices, with the median sale price reaching $2,499,000 and select properties listed as high as $4,395,000. A median of 44 days on market suggests homes are moving at a reasonable pace, so pricing strategically from the start will be key to capitalizing on current demand.
Buyers will find a range of entry points in 60610, from studios priced at $199,000 to larger single-family homes well above $1,000,000, offering flexibility across budgets. With a 30-year mortgage rate at 6%, securing financing early and knowing your target bedroom count will help you navigate this wide pricing landscape effectively.
Rental inventory in 60610 is substantial at 911 units, with median rent at $2,588 per month, providing a baseline for evaluating cash flow potential on smaller units. Two-bedroom rentals command $3,700 per month against a median sale price of $465,000 for two-bedroom homes, which may present a reasonable entry point for investors seeking income-producing properties in this area.
The current 30-year fixed mortgage rate sits at 6.00% and the 15-year fixed rate is at 5.43%, both of which meaningfully affect monthly payments on higher-priced properties in this market. Buyers financing a purchase near the median sale price of $2,499,000 should carefully model payment scenarios at these rates, as even small rate shifts translate to thousands of dollars in annual carrying costs.
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Market intelligence by FarmPosts