ZIP 60618 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60618 in the Chicago housing market is $586,540, with a typical rent of $2,285 per month. That puts the local home-value-to-annual-rent ratio at 21.4.
Key stats
- ZIP 60618 is around the 95th percentile of tracked local ZIPs for home value.
- ZIP 60618 is around the 75th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 21.4.
- 95 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
- $586,540
- Typical rent
- $2,285
- Homes for sale
- 94
- Buyer competition
- 68
- New listings
- 62
- Homes going pending
- 59
- Listings with price cuts
- 10.7%
Price and rent in ZIP 60618
ZIP 60618 is around the 95th percentile of tracked local ZIPs for home value. ZIP 60618 is around the 67th percentile of tracked local ZIPs for rent.
ZIP 60618 home value & rent trend (past 12 months)
Typical home value rose 9.4% over the past 12 months, from $536,057 to $586,540. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.0% in December 2025.
Typical rent rose 8.1% over the past 12 months, from $2,115 to $2,285. It rose in 9 of 11 monthly readings. The largest monthly gain was +2.2% in March 2026.
How ZIP 60618 compares to the metro
ZIP 60618's typical home value is 72.4% above the metro median of $340,167. ZIP 60618's typical rent is 21.4% above the metro median of $1,883. ZIP 60618's buyer competition is 7.1% above the metro median of 64.
How fast homes sell in ZIP 60618
Homes in ZIP 60618 typically go pending in about 12 days — about 54% faster than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60618 is around the 56th percentile of tracked local ZIPs for for-sale inventory. ZIP 60618 is around the 75th percentile of tracked local ZIPs for buyer competition. 95 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 58 and 118 — a 60-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60641, 60625, 60647, 60659.
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 60618 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60618 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60618 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60641 housing marketReview a nearby local market with the same core measures.
- ZIP 60625 housing marketReview a nearby local market with the same core measures.
- ZIP 60647 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60618 Housing Market Overview FAQ
What is the typical home value in ZIP 60618?
The typical home value in ZIP 60618 is $586,540 in the latest monthly reading.
What is the typical rent in ZIP 60618?
Typical rent in ZIP 60618 is $2,285 per month.
What is the home-value-to-rent ratio in ZIP 60618?
ZIP 60618 has a home-value-to-annual-rent ratio of 21.4.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules