HomeMarketCap.com

ZIP 60629 Chicago, IL Housing Market

60629Chicago area

Price, Rent & Competition

$274,136

$1,405

59 index

76

Supply & Market Activity

31

28

22.36%

32 days

Area profile & market context

Population

108,324

Population density

5,934 / sq mi

Latest market movement

Home value (MoM)

+0.77%

Inventory (MoM)

-7.32%

Buyer competition (MoM)

+1.72%

New listings (MoM)

-8.82%

Homes Pending (MoM)

-15.15%

Price cuts share (MoM)

+6.49%

Typical rent (YoY)

+3.42%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

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: 28 · MoM: -15.15% · YoY: 0.00%

  • Sale speed (days to pending)

    Value: 32 · MoM: -11.11% · YoY: -

Other local market activity

  • New listings

    Value: 31 · MoM: -8.82% · YoY: 0.00%

  • Homes for sale

    Value: 76 · MoM: -7.32% · YoY: -5.00%

  • Buyer competition

    Value: 59 · MoM: 1.72% · YoY: -6.35%

  • Price cuts share

    Value: 22.36% · MoM: 6.49% · YoY: 1.51%

  • Home sales activity (metro)

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

ZIP 60629 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60629 in the Chicago housing market is $274,136, with a typical rent of $1,405 per month. That puts the local home-value-to-annual-rent ratio at 16.3.

Key stats

  • ZIP 60629 is around the 27th percentile of tracked local ZIPs for home value.
  • ZIP 60629 is around the 35th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 16.3.
  • 90 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$274,136
Typical rent
$1,405
Homes for sale
76
Buyer competition
59
New listings
31
Homes going pending
28
Listings with price cuts
22.4%
Typical home value — past 12 months
Aug 25Jul 26
Up 1.6% over 12 months
Typical home value up 1.6% over the last 12 months in ZIP 60629.
Typical rent — past 12 months
Aug 25Jul 26
Up 4.5% over 12 months
Typical rent up 4.5% over the last 12 months in ZIP 60629.
Homes for sale — past 12 months
Aug 25Jul 26
Down 11.6% over 12 months
Homes for sale down 11.6% over the last 12 months in ZIP 60629.
New listings — past 12 months
Aug 25Jul 26
Down 13.9% over 12 months
New listings down 13.9% over the last 12 months in ZIP 60629.
Homes going pending — past 12 months
Aug 25Jul 26
Down 3.4% over 12 months
Homes going pending down 3.4% over the last 12 months in ZIP 60629.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 11.9% over 12 months
Buyer competition index down 11.9% over the last 12 months in ZIP 60629.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 7.8% over 12 months
Listings with price cuts up 7.8% over the last 12 months in ZIP 60629.

Price and rent in ZIP 60629

ZIP 60629 is around the 27th percentile of tracked local ZIPs for home value. ZIP 60629 is around the 4th percentile of tracked local ZIPs for rent.

ZIP 60629 home value & rent trend (past 12 months)

Typical home value rose 1.6% over the past 12 months, from $269,859 to $274,136. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in July 2026.

Typical rent rose 4.5% over the past 12 months, from $1,344 to $1,405. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.5% in January 2026.

How ZIP 60629 compares to the metro

ZIP 60629's typical home value is 19.4% below the metro median of $340,167. ZIP 60629's typical rent is 25.4% below the metro median of $1,883. ZIP 60629's buyer competition is 7.1% below the metro median of 64.

How fast homes sell in ZIP 60629

Homes in ZIP 60629 typically go pending in about 32 days — about 23% slower than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60629 is around the 51st percentile of tracked local ZIPs for for-sale inventory. ZIP 60629 is around the 35th percentile of tracked local ZIPs for buyer competition. 90 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 76 and 106 — a 30-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60652, 60638, 60456, 60636.

Continue your market research

60629 Housing Market Overview FAQ

What is the typical home value in ZIP 60629?

The typical home value in ZIP 60629 is $274,136 in the latest monthly reading.

What is the typical rent in ZIP 60629?

Typical rent in ZIP 60629 is $1,405 per month.

What is the home-value-to-rent ratio in ZIP 60629?

ZIP 60629 has a home-value-to-annual-rent ratio of 16.3.

Sources and method

Explore ZIP Pages in Chicago Metro