ZIP 60645 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60645 in the Chicago housing market is $324,428, with a typical rent of $1,890 per month. That puts the local home-value-to-annual-rent ratio at 14.3.
Key stats
- ZIP 60645 is around the 42nd percentile of tracked local ZIPs for home value.
- ZIP 60645 is around the 71st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.3.
- 88 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
- $324,428
- Typical rent
- $1,890
- Homes for sale
- 69
- Buyer competition
- 67
- New listings
- 33
- Homes going pending
- 29
- Listings with price cuts
- 23.1%
Price and rent in ZIP 60645
ZIP 60645 is around the 42nd percentile of tracked local ZIPs for home value. ZIP 60645 is around the 52nd percentile of tracked local ZIPs for rent.
ZIP 60645 home value & rent trend (past 12 months)
Typical home value rose 5.1% over the past 12 months, from $308,556 to $324,428. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.8% in March 2026.
Typical rent rose 6.7% over the past 12 months, from $1,772 to $1,890. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.9% in March 2026.
How ZIP 60645 compares to the metro
ZIP 60645's typical home value is 4.6% below the metro median of $340,167. ZIP 60645's buyer competition is 5.5% above the metro median of 64.
How fast homes sell in ZIP 60645
Homes in ZIP 60645 typically go pending in about 23 days — about 12% faster than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60645 is around the 38th percentile of tracked local ZIPs for for-sale inventory. ZIP 60645 is around the 71st percentile of tracked local ZIPs for buyer competition. 88 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 48 and 79 — a 31-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60626, 60202, 60659, 60660.
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 60645 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60645 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60645 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60626 housing marketReview a nearby local market with the same core measures.
- ZIP 60202 housing marketReview a nearby local market with the same core measures.
- ZIP 60659 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60645 Housing Market Overview FAQ
What is the typical home value in ZIP 60645?
The typical home value in ZIP 60645 is $324,428 in the latest monthly reading.
What is the typical rent in ZIP 60645?
Typical rent in ZIP 60645 is $1,890 per month.
What is the home-value-to-rent ratio in ZIP 60645?
ZIP 60645 has a home-value-to-annual-rent ratio of 14.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules