HomeMarketCap.com

ZIP 60643 Chicago, IL Housing Market

60643Chicago area

Price, Rent & Competition

$236,727

$1,997

68 index

121

Supply & Market Activity

49

35

22.92%

39 days

Area profile & market context

Population

45,942

Population density

2,412 / sq mi

Latest market movement

Home value (MoM)

+0.24%

Inventory (MoM)

+4.31%

Buyer competition (MoM)

-4.23%

New listings (MoM)

+6.52%

Homes Pending (MoM)

-5.41%

Price cuts share (MoM)

+0.70%

Typical rent (YoY)

+7.20%

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: 35 · MoM: -5.41% · YoY: 6.06%

  • Sale speed (days to pending)

    Value: 39 · MoM: 5.41% · YoY: 8.33%

Other local market activity

  • New listings

    Value: 49 · MoM: 6.52% · YoY: 11.36%

  • Homes for sale

    Value: 121 · MoM: 4.31% · YoY: -15.38%

  • Buyer competition

    Value: 68 · MoM: -4.23% · YoY: 13.33%

  • Price cuts share

    Value: 22.92% · MoM: 0.70% · YoY: -4.93%

  • Home sales activity (metro)

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

ZIP 60643 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60643 in the Chicago housing market is $236,727, with a typical rent of $1,997 per month. That puts the local home-value-to-annual-rent ratio at 9.9.

Key stats

  • ZIP 60643 is around the 20th percentile of tracked local ZIPs for home value.
  • ZIP 60643 is around the 75th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 9.9.
  • 71 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$236,727
Typical rent
$1,997
Homes for sale
121
Buyer competition
68
New listings
49
Homes going pending
35
Listings with price cuts
22.9%
Typical home value — past 12 months
Aug 25Jul 26
Up 2.9% over 12 months
Typical home value up 2.9% over the last 12 months in ZIP 60643.
Typical rent — past 12 months
Aug 25Jul 26
Up 10.5% over 12 months
Typical rent up 10.5% over the last 12 months in ZIP 60643.
Homes for sale — past 12 months
Aug 25Jul 26
Down 16.6% over 12 months
Homes for sale down 16.6% over the last 12 months in ZIP 60643.
New listings — past 12 months
Aug 25Jul 26
Up 19.5% over 12 months
New listings up 19.5% over the last 12 months in ZIP 60643.
Homes going pending — past 12 months
Aug 25Jul 26
Up 20.7% over 12 months
Homes going pending up 20.7% over the last 12 months in ZIP 60643.
Buyer competition index — past 12 months
Aug 25Jul 26
Down 4.2% over 12 months
Buyer competition index down 4.2% over the last 12 months in ZIP 60643.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 11.9% over 12 months
Listings with price cuts down 11.9% over the last 12 months in ZIP 60643.

Price and rent in ZIP 60643

ZIP 60643 is around the 20th percentile of tracked local ZIPs for home value. ZIP 60643 is around the 61st percentile of tracked local ZIPs for rent.

ZIP 60643 home value & rent trend (past 12 months)

Typical home value rose 2.9% over the past 12 months, from $230,030 to $236,727. It rose in 10 of 11 monthly readings. The largest monthly gain was +0.4% in December 2025.

Typical rent rose 10.5% over the past 12 months, from $1,807 to $1,997. It rose in 6 of 11 monthly readings. The largest monthly gain was +8.0% in November 2025.

How ZIP 60643 compares to the metro

ZIP 60643's typical home value is 30.4% below the metro median of $340,167. ZIP 60643's typical rent is 6.0% above the metro median of $1,883. ZIP 60643's buyer competition is 7.1% above the metro median of 64.

How fast homes sell in ZIP 60643

Homes in ZIP 60643 typically go pending in about 39 days — about 50% slower than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60643 is around the 69th percentile of tracked local ZIPs for for-sale inventory. ZIP 60643 is around the 75th percentile of tracked local ZIPs for buyer competition. 71 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 112 and 154 — a 42-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60628, 60827, 60406, 60655.

Continue your market research

60643 Housing Market Overview FAQ

What is the typical home value in ZIP 60643?

The typical home value in ZIP 60643 is $236,727 in the latest monthly reading.

What is the typical rent in ZIP 60643?

Typical rent in ZIP 60643 is $1,997 per month.

What is the home-value-to-rent ratio in ZIP 60643?

ZIP 60643 has a home-value-to-annual-rent ratio of 9.9.

Sources and method

Explore ZIP Pages in Chicago Metro