ZIP 60624 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60624 in the Chicago housing market is $222,597, with a typical rent of $1,798 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 60624 is around the 16th percentile of tracked local ZIPs for home value.
- ZIP 60624 is around the 58th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- 67 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
- $222,597
- Typical rent
- $1,798
- Homes for sale
- 20
- Buyer competition
- 64
- New listings
- 6
- Homes going pending
- 4
- Listings with price cuts
- 20.2%
Price and rent in ZIP 60624
ZIP 60624 is around the 16th percentile of tracked local ZIPs for home value. ZIP 60624 is around the 31st percentile of tracked local ZIPs for rent.
ZIP 60624 home value & rent trend (past 12 months)
Typical home value rose 7.4% over the past 12 months, from $207,221 to $222,597. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.3% in December 2025.
Typical rent rose 7.0% over the past 12 months, from $1,679 to $1,798. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.8% in April 2026.
How ZIP 60624 compares to the metro
ZIP 60624's typical home value is 34.6% below the metro median of $340,167. ZIP 60624's typical rent is 4.5% below the metro median of $1,883.
Supply, pending activity, and competition
ZIP 60624 is around the 4th percentile of tracked local ZIPs for for-sale inventory. ZIP 60624 is around the 58th percentile of tracked local ZIPs for buyer competition. 67 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 20 and 32 — a 12-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60644, 60651, 60612, 60623.
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 60624 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60624 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60624 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60644 housing marketReview a nearby local market with the same core measures.
- ZIP 60651 housing marketReview a nearby local market with the same core measures.
- ZIP 60612 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60624 Housing Market Overview FAQ
What is the typical home value in ZIP 60624?
The typical home value in ZIP 60624 is $222,597 in the latest monthly reading.
What is the typical rent in ZIP 60624?
Typical rent in ZIP 60624 is $1,798 per month.
What is the home-value-to-rent ratio in ZIP 60624?
ZIP 60624 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