HomeMarketCap.com

ZIP 60628 Chicago, IL Housing Market

60628Chicago area

Price, Rent & Competition

$148,745

$1,723

69 index

203

Supply & Market Activity

60

46

24.64%

52 days

Area profile & market context

Population

60,431

Population density

2,125 / sq mi

Latest market movement

Home value (MoM)

-0.24%

Inventory (MoM)

-1.46%

Buyer competition (MoM)

0.00%

New listings (MoM)

-1.64%

Homes Pending (MoM)

-8.00%

Price cuts share (MoM)

-5.94%

Typical rent (YoY)

+11.35%

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: 46 · MoM: -8.00% · YoY: -16.36%

  • Sale speed (days to pending)

    Value: 52 · MoM: 4.00% · YoY: 1.96%

Other local market activity

  • New listings

    Value: 60 · MoM: -1.64% · YoY: -13.04%

  • Homes for sale

    Value: 203 · MoM: -1.46% · YoY: -15.77%

  • Buyer competition

    Value: 69 · MoM: 0.00% · YoY: 6.15%

  • Price cuts share

    Value: 24.64% · MoM: -5.94% · YoY: -10.52%

  • Home sales activity (metro)

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

ZIP 60628 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60628 in the Chicago housing market is $148,745, with a typical rent of $1,723 per month. That puts the local home-value-to-annual-rent ratio at 7.2.

Key stats

  • ZIP 60628 is around the 5th percentile of tracked local ZIPs for home value.
  • ZIP 60628 is around the 76th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 7.2.
  • 77 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
$148,745
Typical rent
$1,723
Homes for sale
203
Buyer competition
69
New listings
60
Homes going pending
46
Listings with price cuts
24.6%
Typical home value — past 12 months
Aug 25Jul 26
Up 1.8% over 12 months
Typical home value up 1.8% over the last 12 months in ZIP 60628.
Typical rent — past 12 months
Aug 25Jul 26
Up 11.4% over 12 months
Typical rent up 11.4% over the last 12 months in ZIP 60628.
Homes for sale — past 12 months
Aug 25Jul 26
Down 17.5% over 12 months
Homes for sale down 17.5% over the last 12 months in ZIP 60628.
New listings — past 12 months
Aug 25Jul 26
Down 10.4% over 12 months
New listings down 10.4% over the last 12 months in ZIP 60628.
Homes going pending — past 12 months
Aug 25Jul 26
Down 14.8% over 12 months
Homes going pending down 14.8% over the last 12 months in ZIP 60628.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 6.2% over 12 months
Buyer competition index up 6.2% over the last 12 months in ZIP 60628.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 16.1% over 12 months
Listings with price cuts down 16.1% over the last 12 months in ZIP 60628.

Price and rent in ZIP 60628

ZIP 60628 is around the 5th percentile of tracked local ZIPs for home value. ZIP 60628 is around the 26th percentile of tracked local ZIPs for rent.

ZIP 60628 home value & rent trend (past 12 months)

Typical home value rose 1.8% over the past 12 months, from $146,103 to $148,745. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.7% in February 2026.

Typical rent rose 11.4% over the past 12 months, from $1,546 to $1,723. It rose in 8 of 11 monthly readings. The largest monthly gain was +5.7% in May 2026.

How ZIP 60628 compares to the metro

ZIP 60628's typical home value is 56.3% below the metro median of $340,167. ZIP 60628's typical rent is 8.5% below the metro median of $1,883. ZIP 60628's buyer competition is 8.7% above the metro median of 64.

How fast homes sell in ZIP 60628

Homes in ZIP 60628 typically go pending in about 52 days — about 100% slower than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60628 is around the 95th percentile of tracked local ZIPs for for-sale inventory. ZIP 60628 is around the 76th percentile of tracked local ZIPs for buyer competition. 77 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 203 and 250 — a 47-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60643, 60827, 60633, 60617.

Continue your market research

60628 Housing Market Overview FAQ

What is the typical home value in ZIP 60628?

The typical home value in ZIP 60628 is $148,745 in the latest monthly reading.

What is the typical rent in ZIP 60628?

Typical rent in ZIP 60628 is $1,723 per month.

What is the home-value-to-rent ratio in ZIP 60628?

ZIP 60628 has a home-value-to-annual-rent ratio of 7.2.

Sources and method

Explore ZIP Pages in Chicago Metro