One part of South Loop is tighter than the other
South Loop covers two ZIP codes, 60605 and 60616. The Real Estate Data Aggregator counted 309 homes sold across both in the three months ending August 31, 2026. That number looks like one market. It is not.
| 60605 | 60616 | |
|---|---|---|
| Median sale price | $365,000 | $376,500 |
| Months of supply | 2.3 months | 3.9 months |
| Median days on market | 57 days | 61 days |
| Homes sold above list price | 52% | 44% |
| Sale price as share of list | 101.9% | 100.9% |
60605: less supply, more competition
The Real Estate Data Aggregator counted 2.3 months of supply in 60605. That is lean. Homes for sale there fell 33.2% from the same three months in 2025. Fewer choices tend to push buyers to move faster.
The median home in 60605 sold for $365,000, which was down 3.9% from a year earlier. Prices dipped a little, but 52% of homes still sold above list price. The average sale came in at 101.9% of list, up 1.3 points from 2025.
60616: more inventory, more time to compare
The Real Estate Data Aggregator counted 3.9 months of supply in 60616. Homes for sale there rose 5.6% from a year ago. Buyers in 60616 have more options and a little more time.
The median sale price in 60616 was $376,500, down 3.5% from 2025. Homes sold in 60616 fell 4.3% from the prior year. Not every home sold fast: the median sat on market 61 days, five days longer than a year ago.
One number both ZIPs share: quick contracts
Even in the looser ZIP, buyers moved quickly on the right home. The Real Estate Data Aggregator found that 37.6% of homes in 60616 went under contract within two weeks of listing, up 6.6 points from 2025. In 60605, that share was 35.5%, up 7.2 points.
How the wider South fits in
Realtor.com reported a median of 68 days on market across the South in September 2026. Both South Loop ZIPs came in well under that. The Real Estate Data Aggregator shows 57 days in 60605 and 61 days in 60616 for the three months ending August 31, 2026.
Realtor.com also reported that mortgage rates topped 7% in September 2026. That affects how far a buyer's budget stretches, and it is worth keeping in mind when pricing or making an offer.
- 60605 has 2.3 months of supply, 57 median days on market, and 52% of homes selling above list.
- 60616 has 3.9 months of supply, 61 median days, and 44% above list.
- Same neighborhood name, different conditions.
- Your plan should match your ZIP.
These are ZIP-level numbers for the three months ending August 31, 2026. One street can read differently from the whole ZIP. If you want to know where your specific address lands, reach out.
Your next step
(630) 261-5515Text me your address and I will send back how your South Loop home compares to what actually sold in your ZIP, including days on market and where prices landed. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 60605 and 60616, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Redfin: U.S. Home Prices Ticked Up 0.25% in September, Oct 20, 2026
- Realtor.com: September 2026 Rental Report: Median Asking Rent Declines at the Slowest Pace in 3 Years, Oct 15, 2026
- CNBC: Trump's executive order targets mortgage insurance, refinance costs. What it means for borrowers, Oct 23, 2026