ZIP 60620 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60620 in the Chicago housing market is $181,930, with a typical rent of $1,481 per month. That puts the local home-value-to-annual-rent ratio at 10.2.
Key stats
- ZIP 60620 is around the 11th percentile of tracked local ZIPs for home value.
- ZIP 60620 is around the 71st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.2.
- 98 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
- $181,930
- Typical rent
- $1,481
- Homes for sale
- 143
- Buyer competition
- 67
- New listings
- 42
- Homes going pending
- 41
- Listings with price cuts
- 23.6%
Price and rent in ZIP 60620
ZIP 60620 is around the 11th percentile of tracked local ZIPs for home value. ZIP 60620 is around the 9th percentile of tracked local ZIPs for rent.
ZIP 60620 home value & rent trend (past 12 months)
Typical home value rose 1.5% over the past 12 months, from $179,171 to $181,930. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.9% in December 2025.
Typical rent rose 3.2% over the past 12 months, from $1,435 to $1,481. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.3% in June 2026.
How ZIP 60620 compares to the metro
ZIP 60620's typical home value is 46.5% below the metro median of $340,167. ZIP 60620's typical rent is 21.3% below the metro median of $1,883. ZIP 60620's buyer competition is 5.5% above the metro median of 64.
How fast homes sell in ZIP 60620
Homes in ZIP 60620 typically go pending in about 48 days — about 85% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60620 is around the 78th percentile of tracked local ZIPs for for-sale inventory. ZIP 60620 is around the 71st percentile of tracked local ZIPs for buyer competition. 98 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 143 and 184 — a 41-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60805, 60652, 60636, 60621.
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 60620 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60620 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60620 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60805 housing marketReview a nearby local market with the same core measures.
- ZIP 60652 housing marketReview a nearby local market with the same core measures.
- ZIP 60636 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60620 Housing Market Overview FAQ
What is the typical home value in ZIP 60620?
The typical home value in ZIP 60620 is $181,930 in the latest monthly reading.
What is the typical rent in ZIP 60620?
Typical rent in ZIP 60620 is $1,481 per month.
What is the home-value-to-rent ratio in ZIP 60620?
ZIP 60620 has a home-value-to-annual-rent ratio of 10.2.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules