ZIP 60653 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60653 in the Chicago housing market is $336,317, with a typical rent of $1,982 per month. That puts the local home-value-to-annual-rent ratio at 14.1.
Key stats
- ZIP 60653 is around the 45th percentile of tracked local ZIPs for home value.
- ZIP 60653 is around the 5th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.1.
- 65 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $336,317
- Typical rent
- $1,982
- Homes for sale
- 58
- Buyer competition
- 50
- New listings
- 17
- Homes going pending
- 11
- Listings with price cuts
- 23.7%
Price and rent in ZIP 60653
ZIP 60653 is around the 45th percentile of tracked local ZIPs for home value. ZIP 60653 is around the 59th percentile of tracked local ZIPs for rent.
ZIP 60653 home value & rent trend (past 12 months)
Typical home value rose 1.6% over the past 12 months, from $331,100 to $336,317. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.7% in January 2026.
Typical rent rose 5.1% over the past 12 months, from $1,886 to $1,982. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.8% in January 2026.
How ZIP 60653 compares to the metro
ZIP 60653's typical home value is 1.1% below the metro median of $340,167. ZIP 60653's typical rent is 5.2% above the metro median of $1,883. ZIP 60653's buyer competition is 21.3% below the metro median of 64.
Supply, pending activity, and competition
ZIP 60653 is around the 33rd percentile of tracked local ZIPs for for-sale inventory. ZIP 60653 is around the 5th percentile of tracked local ZIPs for buyer competition. 65 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 52 and 86 — a 34-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60615, 60637, 60616, 60609.
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 60653 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60653 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60653 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 60637 housing marketReview a nearby local market with the same core measures.
- ZIP 60616 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60653 Housing Market Overview FAQ
What is the typical home value in ZIP 60653?
The typical home value in ZIP 60653 is $336,317 in the latest monthly reading.
What is the typical rent in ZIP 60653?
Typical rent in ZIP 60653 is $1,982 per month.
What is the home-value-to-rent ratio in ZIP 60653?
ZIP 60653 has a home-value-to-annual-rent ratio of 14.1.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules