HomeMarketCap.com

ZIP 60611 Chicago, IL Housing Market

60611Chicago area

Price, Rent & Competition

$366,119

$2,833

47 index

470

Supply & Market Activity

140

98

20.06%

56 days

Area profile & market context

Population

37,705

Population density

18,360 / sq mi

Latest market movement

Home value (MoM)

+0.14%

Inventory (MoM)

+2.17%

Buyer competition (MoM)

-7.84%

New listings (MoM)

-6.67%

Homes Pending (MoM)

-7.55%

Price cuts share (MoM)

+9.63%

Typical rent (YoY)

+5.06%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

This summary combines homes going pending and sale speed (days to pending). Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 98 · MoM: -7.55% · YoY: -9.26%

  • Sale speed (days to pending)

    Value: 56 · MoM: -6.67% · YoY: -35.63%

Other local market activity

  • New listings

    Value: 140 · MoM: -6.67% · YoY: 12.00%

  • Homes for sale

    Value: 470 · MoM: 2.17% · YoY: -20.47%

  • Buyer competition

    Value: 47 · MoM: -7.84% · YoY: 2.17%

  • Price cuts share

    Value: 20.06% · MoM: 9.63% · YoY: 12.37%

  • Home sales activity (metro)

    Value: 10,863 · MoM: -4.96% · YoY: 7.09%

ZIP 60611 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60611 in the Chicago housing market is $366,119, with a typical rent of $2,833 per month. That puts the local home-value-to-annual-rent ratio at 10.8.

Key stats

  • ZIP 60611 is around the 62nd percentile of tracked local ZIPs for home value.
  • ZIP 60611 is around the 4th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.8.
  • 70 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$366,119
Typical rent
$2,833
Homes for sale
470
Buyer competition
47
New listings
140
Homes going pending
98
Listings with price cuts
20.1%
Typical home value — past 12 months
Aug 25Jul 26
Up 2.8% over 12 months
Typical home value up 2.8% over the last 12 months in ZIP 60611.
Typical rent — past 12 months
Aug 25Jul 26
Up 5.2% over 12 months
Typical rent up 5.2% over the last 12 months in ZIP 60611.
Homes for sale — past 12 months
Aug 25Jul 26
Down 15.3% over 12 months
Homes for sale down 15.3% over the last 12 months in ZIP 60611.
New listings — past 12 months
Aug 25Jul 26
Up 28.4% over 12 months
New listings up 28.4% over the last 12 months in ZIP 60611.
Homes going pending — past 12 months
Aug 25Jul 26
Up 0.0% over 12 months
Homes going pending up 0.0% over the last 12 months in ZIP 60611.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 4.1% over 12 months
Buyer competition index down 4.1% over the last 12 months in ZIP 60611.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 17.9% over 12 months
Listings with price cuts up 17.9% over the last 12 months in ZIP 60611.

Price and rent in ZIP 60611

ZIP 60611 is around the 62nd percentile of tracked local ZIPs for home value. ZIP 60611 is around the 93rd percentile of tracked local ZIPs for rent.

ZIP 60611 home value & rent trend (past 12 months)

Typical home value rose 2.8% over the past 12 months, from $356,283 to $366,119. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.6% in February 2026.

Typical rent rose 5.2% over the past 12 months, from $2,693 to $2,833. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.3% in February 2026.

How ZIP 60611 compares to the metro

ZIP 60611's typical home value is 7.6% above the metro median of $340,167. ZIP 60611's typical rent is 50.5% above the metro median of $1,883. ZIP 60611's buyer competition is 26.0% below the metro median of 64.

How fast homes sell in ZIP 60611

Homes in ZIP 60611 typically go pending in about 56 days — about 115% slower than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60611 is among the highest of tracked local ZIPs for for-sale inventory. ZIP 60611 is around the 4th percentile of tracked local ZIPs for buyer competition. 70 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 365 and 555 — a 190-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60601, 60602, 60603, 60654.

Continue your market research

60611 Housing Market Overview FAQ

What is the typical home value in ZIP 60611?

The typical home value in ZIP 60611 is $366,119 in the latest monthly reading.

What is the typical rent in ZIP 60611?

Typical rent in ZIP 60611 is $2,833 per month.

What is the home-value-to-rent ratio in ZIP 60611?

ZIP 60611 has a home-value-to-annual-rent ratio of 10.8.

Sources and method

Explore ZIP Pages in Chicago Metro