ZIP 60617 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60617 in the Chicago housing market is $177,862, with a typical rent of $1,435 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 60617 is around the 9th percentile of tracked local ZIPs for home value.
- ZIP 60617 is around the 82nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- 84 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $177,862
- Typical rent
- $1,435
- Homes for sale
- 140
- Buyer competition
- 71
- New listings
- 44
- Homes going pending
- 37
- Listings with price cuts
- 23.5%
Price and rent in ZIP 60617
ZIP 60617 is around the 9th percentile of tracked local ZIPs for home value. ZIP 60617 is around the 6th percentile of tracked local ZIPs for rent.
ZIP 60617 home value & rent trend (past 12 months)
Typical home value rose 3.9% over the past 12 months, from $171,207 to $177,862. It rose in 9 of 11 monthly readings. The largest monthly gain was +1.1% in February 2026.
Typical rent rose 2.2% over the past 12 months, from $1,404 to $1,435. It rose in 6 of 11 monthly readings. The largest monthly gain was +3.2% in March 2026.
How ZIP 60617 compares to the metro
ZIP 60617's typical home value is 47.7% below the metro median of $340,167. ZIP 60617's typical rent is 23.8% below the metro median of $1,883. ZIP 60617's buyer competition is 11.8% above the metro median of 64.
How fast homes sell in ZIP 60617
Homes in ZIP 60617 typically go pending in about 57 days — about 119% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60617 is around the 76th percentile of tracked local ZIPs for for-sale inventory. ZIP 60617 is around the 82nd percentile of tracked local ZIPs for buyer competition. 84 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 140 and 203 — a 63-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60633, 60628, 60619, 60649.
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 60617 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60617 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60617 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60633 housing marketReview a nearby local market with the same core measures.
- ZIP 60628 housing marketReview a nearby local market with the same core measures.
- ZIP 60619 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60617 Housing Market Overview FAQ
What is the typical home value in ZIP 60617?
The typical home value in ZIP 60617 is $177,862 in the latest monthly reading.
What is the typical rent in ZIP 60617?
Typical rent in ZIP 60617 is $1,435 per month.
What is the home-value-to-rent ratio in ZIP 60617?
ZIP 60617 has a home-value-to-annual-rent ratio of 10.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules