ZIP 60605 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60605 in the Chicago housing market is $346,917, with a typical rent of $2,735 per month. That puts the local home-value-to-annual-rent ratio at 10.6.
Key stats
- ZIP 60605 is around the 56th percentile of tracked local ZIPs for home value.
- ZIP 60605 is around the 13th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.6.
- 80 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $346,917
- Typical rent
- $2,735
- Homes for sale
- 177
- Buyer competition
- 54
- New listings
- 70
- Homes going pending
- 56
- Listings with price cuts
- 18.4%
Price and rent in ZIP 60605
ZIP 60605 is around the 56th percentile of tracked local ZIPs for home value. ZIP 60605 is around the 85th percentile of tracked local ZIPs for rent.
ZIP 60605 home value & rent trend (past 12 months)
Typical home value fell 2.2% over the past 12 months, from $354,718 to $346,917. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.3% in October 2025.
Typical rent rose 4.7% over the past 12 months, from $2,614 to $2,735. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.2% in March 2026.
How ZIP 60605 compares to the metro
ZIP 60605's typical home value is 2.0% above the metro median of $340,167. ZIP 60605's typical rent is 45.3% above the metro median of $1,883. ZIP 60605's buyer competition is 15.0% below the metro median of 64.
How fast homes sell in ZIP 60605
Homes in ZIP 60605 typically go pending in about 32 days — about 23% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60605 is around the 89th percentile of tracked local ZIPs for for-sale inventory. ZIP 60605 is around the 13th percentile of tracked local ZIPs for buyer competition. 80 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 128 and 206 — a 78-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60616, 60604, 60603, 60602.
Continue your market research
- Is Chicago Housing Market Cooling?Read the related local market analysis.
- Is Chicago a Buyer's Market?Read the related local market analysis.
- Compare 60605 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60605 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60605 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60616 housing marketReview a nearby local market with the same core measures.
- ZIP 60604 housing marketReview a nearby local market with the same core measures.
- ZIP 60603 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60605 Housing Market Overview FAQ
What is the typical home value in ZIP 60605?
The typical home value in ZIP 60605 is $346,917 in the latest monthly reading.
What is the typical rent in ZIP 60605?
Typical rent in ZIP 60605 is $2,735 per month.
What is the home-value-to-rent ratio in ZIP 60605?
ZIP 60605 has a home-value-to-annual-rent ratio of 10.6.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules