HomeMarketCap.com

ZIP 60622 Chicago, IL Housing Market

60622Chicago area

Price, Rent & Competition

$664,069

$2,560

59 index

136

Supply & Market Activity

78

68

17.75%

17 days

Area profile & market context

Population

54,609

Population density

8,434 / sq mi

Latest market movement

Home value (MoM)

+0.79%

Inventory (MoM)

+3.03%

Buyer competition (MoM)

-10.61%

New listings (MoM)

-8.24%

Homes Pending (MoM)

-2.86%

Price cuts share (MoM)

+42.33%

Typical rent (YoY)

+7.13%

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: 68 · MoM: -2.86% · YoY: 3.03%

  • Sale speed (days to pending)

    Value: 17 · MoM: 13.33% · YoY: -

Other local market activity

  • New listings

    Value: 78 · MoM: -8.24% · YoY: 6.85%

  • Homes for sale

    Value: 136 · MoM: 3.03% · YoY: -2.16%

  • Buyer competition

    Value: 59 · MoM: -10.61% · YoY: -6.35%

  • Price cuts share

    Value: 17.75% · MoM: 42.33% · YoY: -6.29%

  • Home sales activity (metro)

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

ZIP 60622 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60622 in the Chicago housing market is $664,069, with a typical rent of $2,560 per month. That puts the local home-value-to-annual-rent ratio at 21.6.

Key stats

  • ZIP 60622 is around the 98th percentile of tracked local ZIPs for home value.
  • ZIP 60622 is around the 35th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 21.6.
  • 87 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$664,069
Typical rent
$2,560
Homes for sale
136
Buyer competition
59
New listings
78
Homes going pending
68
Listings with price cuts
17.8%
Typical home value — past 12 months
Aug 25Jul 26
Up 8.2% over 12 months
Typical home value up 8.2% over the last 12 months in ZIP 60622.
Typical rent — past 12 months
Aug 25Jul 26
Up 6.7% over 12 months
Typical rent up 6.7% over the last 12 months in ZIP 60622.
Homes for sale — past 12 months
Aug 25Jul 26
Up 8.8% over 12 months
Homes for sale up 8.8% over the last 12 months in ZIP 60622.
New listings — past 12 months
Aug 25Jul 26
Up 39.3% over 12 months
New listings up 39.3% over the last 12 months in ZIP 60622.
Homes going pending — past 12 months
Aug 25Jul 26
Up 28.3% over 12 months
Homes going pending up 28.3% over the last 12 months in ZIP 60622.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 7.8% over 12 months
Buyer competition index down 7.8% over the last 12 months in ZIP 60622.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 9.9% over 12 months
Listings with price cuts down 9.9% over the last 12 months in ZIP 60622.

Price and rent in ZIP 60622

ZIP 60622 is around the 98th percentile of tracked local ZIPs for home value. ZIP 60622 is around the 80th percentile of tracked local ZIPs for rent.

ZIP 60622 home value & rent trend (past 12 months)

Typical home value rose 8.2% over the past 12 months, from $613,674 to $664,069. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.9% in November 2025.

Typical rent rose 6.7% over the past 12 months, from $2,400 to $2,560. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.2% in February 2026.

How ZIP 60622 compares to the metro

ZIP 60622's typical home value is 95.2% above the metro median of $340,167. ZIP 60622's typical rent is 35.9% above the metro median of $1,883. ZIP 60622's buyer competition is 7.1% below the metro median of 64.

How fast homes sell in ZIP 60622

Homes in ZIP 60622 typically go pending in about 17 days — about 35% faster than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60622 is around the 75th percentile of tracked local ZIPs for for-sale inventory. ZIP 60622 is around the 35th percentile of tracked local ZIPs for buyer competition. 87 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 72 and 136 — a 64-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60647, 60642, 60612, 60614.

Continue your market research

60622 Housing Market Overview FAQ

What is the typical home value in ZIP 60622?

The typical home value in ZIP 60622 is $664,069 in the latest monthly reading.

What is the typical rent in ZIP 60622?

Typical rent in ZIP 60622 is $2,560 per month.

What is the home-value-to-rent ratio in ZIP 60622?

ZIP 60622 has a home-value-to-annual-rent ratio of 21.6.

Sources and method

Explore ZIP Pages in Chicago Metro