ZIP 60637 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60637 in the Chicago housing market is $248,318, with a typical rent of $1,811 per month. That puts the local home-value-to-annual-rent ratio at 11.4.
Key stats
- ZIP 60637 is around the 22nd percentile of tracked local ZIPs for home value.
- ZIP 60637 is around the 20th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.4.
- 71 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
- $248,318
- Typical rent
- $1,811
- Homes for sale
- 119
- Buyer competition
- 55
- New listings
- 31
- Homes going pending
- 22
- Listings with price cuts
- 21.5%
Price and rent in ZIP 60637
ZIP 60637 is around the 22nd percentile of tracked local ZIPs for home value. ZIP 60637 is around the 37th percentile of tracked local ZIPs for rent.
ZIP 60637 home value & rent trend (past 12 months)
Typical home value rose 2.1% over the past 12 months, from $243,219 to $248,318. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.6% in February 2026.
Typical rent rose 6.4% over the past 12 months, from $1,702 to $1,811. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.9% in November 2025.
How ZIP 60637 compares to the metro
ZIP 60637's typical home value is 27.0% below the metro median of $340,167. ZIP 60637's typical rent is 3.8% below the metro median of $1,883. ZIP 60637's buyer competition is 13.4% below the metro median of 64.
How fast homes sell in ZIP 60637
Homes in ZIP 60637 typically go pending in about 46 days — about 77% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60637 is around the 65th percentile of tracked local ZIPs for for-sale inventory. ZIP 60637 is around the 20th percentile of tracked local ZIPs for buyer competition. 71 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 105 and 135 — a 30-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60615, 60653, 60621, 60649.
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 60637 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60637 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60637 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60615 housing marketReview a nearby local market with the same core measures.
- ZIP 60653 housing marketReview a nearby local market with the same core measures.
- ZIP 60621 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60637 Housing Market Overview FAQ
What is the typical home value in ZIP 60637?
The typical home value in ZIP 60637 is $248,318 in the latest monthly reading.
What is the typical rent in ZIP 60637?
Typical rent in ZIP 60637 is $1,811 per month.
What is the home-value-to-rent ratio in ZIP 60637?
ZIP 60637 has a home-value-to-annual-rent ratio of 11.4.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules