ZIP 60646 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60646 in the Chicago housing market is $561,690, with a typical rent of $2,005 per month. That puts the local home-value-to-annual-rent ratio at 23.3.
Key stats
- ZIP 60646 is around the 91st percentile of tracked local ZIPs for home value.
- ZIP 60646 is around the 87th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 23.3.
- 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
- $561,690
- Typical rent
- $2,005
- Homes for sale
- 50
- Buyer competition
- 75
- New listings
- 28
- Homes going pending
- 20
- Listings with price cuts
- 22.0%
Price and rent in ZIP 60646
ZIP 60646 is around the 91st percentile of tracked local ZIPs for home value. ZIP 60646 is around the 63rd percentile of tracked local ZIPs for rent.
ZIP 60646 home value & rent trend (past 12 months)
Typical home value rose 6.4% over the past 12 months, from $527,991 to $561,690. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.9% in July 2026.
Typical rent rose 3.4% over the last 6 months, from $1,939 to $2,005. It rose in 3 of 5 monthly readings. The largest monthly gain was +3.2% in May 2026.
How ZIP 60646 compares to the metro
ZIP 60646's typical home value is 65.1% above the metro median of $340,167. ZIP 60646's typical rent is 6.5% above the metro median of $1,883. ZIP 60646's buyer competition is 18.1% above the metro median of 64.
How fast homes sell in ZIP 60646
Homes in ZIP 60646 typically go pending in about 20 days — about 23% faster than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60646 is around the 25th percentile of tracked local ZIPs for for-sale inventory. ZIP 60646 is around the 87th 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 35 and 53 — a 18-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60630, 60712, 60659, 60077.
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 60646 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60646 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60646 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60630 housing marketReview a nearby local market with the same core measures.
- ZIP 60712 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.
60646 Housing Market Overview FAQ
What is the typical home value in ZIP 60646?
The typical home value in ZIP 60646 is $561,690 in the latest monthly reading.
What is the typical rent in ZIP 60646?
Typical rent in ZIP 60646 is $2,005 per month.
What is the home-value-to-rent ratio in ZIP 60646?
ZIP 60646 has a home-value-to-annual-rent ratio of 23.3.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules