HomeMarketCap.com

ZIP 60614 Chicago, IL Housing Market

60614Chicago area

Price, Rent & Competition

$684,050

$2,826

79 index

215

Supply & Market Activity

122

112

15.14%

19 days

Area profile & market context

Population

70,693

Population density

8,471 / sq mi

Latest market movement

Home value (MoM)

+1.13%

Inventory (MoM)

-3.59%

Buyer competition (MoM)

0.00%

New listings (MoM)

-10.95%

Homes Pending (MoM)

-5.08%

Price cuts share (MoM)

+34.20%

Typical rent (YoY)

+7.80%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

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: 112 · MoM: -5.08% · YoY: 15.46%

  • Sale speed (days to pending)

    Value: 19 · MoM: 35.71% · YoY: -9.52%

Other local market activity

  • New listings

    Value: 122 · MoM: -10.95% · YoY: 20.79%

  • Homes for sale

    Value: 215 · MoM: -3.59% · YoY: -4.87%

  • Buyer competition

    Value: 79 · MoM: 0.00% · YoY: 5.33%

  • Price cuts share

    Value: 15.14% · MoM: 34.20% · YoY: -23.75%

  • Home sales activity (metro)

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

ZIP 60614 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60614 in the Chicago housing market is $684,050, with a typical rent of $2,826 per month. That puts the local home-value-to-annual-rent ratio at 20.2.

Key stats

  • ZIP 60614 is among the highest of tracked local ZIPs for home value.
  • ZIP 60614 is around the 93rd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 20.2.
  • 92 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
$684,050
Typical rent
$2,826
Homes for sale
215
Buyer competition
79
New listings
122
Homes going pending
112
Listings with price cuts
15.1%
Typical home value — past 12 months
Aug 25Jul 26
Up 8.9% over 12 months
Typical home value up 8.9% over the last 12 months in ZIP 60614.
Typical rent — past 12 months
Aug 25Jul 26
Up 8.1% over 12 months
Typical rent up 8.1% over the last 12 months in ZIP 60614.
Homes for sale — past 12 months
Aug 25Jul 26
Up 7.0% over 12 months
Homes for sale up 7.0% over the last 12 months in ZIP 60614.
New listings — past 12 months
Aug 25Jul 26
Up 40.2% over 12 months
New listings up 40.2% over the last 12 months in ZIP 60614.
Homes going pending — past 12 months
Aug 25Jul 26
Up 31.8% over 12 months
Homes going pending up 31.8% over the last 12 months in ZIP 60614.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 6.8% over 12 months
Buyer competition index up 6.8% over the last 12 months in ZIP 60614.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 14.9% over 12 months
Listings with price cuts down 14.9% over the last 12 months in ZIP 60614.

Price and rent in ZIP 60614

ZIP 60614 is among the highest of tracked local ZIPs for home value. ZIP 60614 is around the 91st percentile of tracked local ZIPs for rent.

ZIP 60614 home value & rent trend (past 12 months)

Typical home value rose 8.9% over the past 12 months, from $627,944 to $684,050. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.1% in July 2026.

Typical rent rose 8.1% over the past 12 months, from $2,614 to $2,826. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.3% in April 2026.

How ZIP 60614 compares to the metro

ZIP 60614's typical home value is 101.1% above the metro median of $340,167. ZIP 60614's typical rent is 50.1% above the metro median of $1,883. ZIP 60614's buyer competition is 24.4% above the metro median of 64.

How fast homes sell in ZIP 60614

Homes in ZIP 60614 typically go pending in about 19 days — about 27% faster than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60614 is around the 96th percentile of tracked local ZIPs for for-sale inventory. ZIP 60614 is around the 93rd percentile of tracked local ZIPs for buyer competition. 92 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 105 and 223 — a 118-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60657, 60610, 60642, 60654.

Continue your market research

60614 Housing Market Overview FAQ

What is the typical home value in ZIP 60614?

The typical home value in ZIP 60614 is $684,050 in the latest monthly reading.

What is the typical rent in ZIP 60614?

Typical rent in ZIP 60614 is $2,826 per month.

What is the home-value-to-rent ratio in ZIP 60614?

ZIP 60614 has a home-value-to-annual-rent ratio of 20.2.

Sources and method

Explore ZIP Pages in Chicago Metro