HomeMarketCap.com

ZIP 60632 Chicago, IL Housing Market

60632Chicago area

Price, Rent & Competition

$288,707

$1,567

56 index

43

Supply & Market Activity

20

15

25.79%

Area profile & market context

Population

89,107

Population density

4,618 / sq mi

Latest market movement

Home value (MoM)

+0.87%

Inventory (MoM)

+7.50%

Buyer competition (MoM)

-6.67%

New listings (MoM)

+17.65%

Homes Pending (MoM)

+7.14%

Price cuts share (MoM)

+12.60%

Typical rent (YoY)

+4.69%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. 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: 15 · MoM: 7.14% · YoY: -6.25%

Other local market activity

  • New listings

    Value: 20 · MoM: 17.65% · YoY: 17.65%

  • Homes for sale

    Value: 43 · MoM: 7.50% · YoY: -6.52%

  • Buyer competition

    Value: 56 · MoM: -6.67% · YoY: -12.50%

  • Price cuts share

    Value: 25.79% · MoM: 12.60% · YoY: 20.75%

  • Home sales activity (metro)

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

ZIP 60632 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60632 in the Chicago housing market is $288,707, with a typical rent of $1,567 per month. That puts the local home-value-to-annual-rent ratio at 15.4.

Key stats

  • ZIP 60632 is around the 35th percentile of tracked local ZIPs for home value.
  • ZIP 60632 is around the 25th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 15.4.
  • 75 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$288,707
Typical rent
$1,567
Homes for sale
43
Buyer competition
56
New listings
20
Homes going pending
15
Listings with price cuts
25.8%
Typical home value — past 12 months
Aug 25Jul 26
Up 3.6% over 12 months
Typical home value up 3.6% over the last 12 months in ZIP 60632.
Typical rent — past 12 months
Aug 25Jul 26
Up 4.1% over 12 months
Typical rent up 4.1% over the last 12 months in ZIP 60632.
Homes for sale — past 12 months
Aug 25Jul 26
Down 8.5% over 12 months
Homes for sale down 8.5% over the last 12 months in ZIP 60632.
New listings — past 12 months
Aug 25Jul 26
Up 5.3% over 12 months
New listings up 5.3% over the last 12 months in ZIP 60632.
Homes going pending — past 12 months
Aug 25Jul 26
Up 15.4% over 12 months
Homes going pending up 15.4% over the last 12 months in ZIP 60632.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 16.4% over 12 months
Buyer competition index down 16.4% over the last 12 months in ZIP 60632.
Listings with price cuts — past 12 months
Aug 25Jul 26
Up 20.6% over 12 months
Listings with price cuts up 20.6% over the last 12 months in ZIP 60632.

Price and rent in ZIP 60632

ZIP 60632 is around the 35th percentile of tracked local ZIPs for home value. ZIP 60632 is around the 17th percentile of tracked local ZIPs for rent.

ZIP 60632 home value & rent trend (past 12 months)

Typical home value rose 3.6% over the past 12 months, from $278,663 to $288,707. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.9% in July 2026.

Typical rent rose 4.1% over the past 12 months, from $1,505 to $1,567. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.9% in February 2026.

How ZIP 60632 compares to the metro

ZIP 60632's typical home value is 15.1% below the metro median of $340,167. ZIP 60632's typical rent is 16.8% below the metro median of $1,883. ZIP 60632's buyer competition is 11.8% below the metro median of 64.

Supply, pending activity, and competition

ZIP 60632 is around the 18th percentile of tracked local ZIPs for for-sale inventory. ZIP 60632 is around the 25th percentile of tracked local ZIPs for buyer competition. 75 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 39 and 49 — a 10-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60623, 60804, 60402, 60609.

Continue your market research

60632 Housing Market Overview FAQ

What is the typical home value in ZIP 60632?

The typical home value in ZIP 60632 is $288,707 in the latest monthly reading.

What is the typical rent in ZIP 60632?

Typical rent in ZIP 60632 is $1,567 per month.

What is the home-value-to-rent ratio in ZIP 60632?

ZIP 60632 has a home-value-to-annual-rent ratio of 15.4.

Sources and method

Explore ZIP Pages in Chicago Metro