ZIP 60654 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60654 in the Chicago housing market is $389,083, with a typical rent of $2,975 per month. That puts the local home-value-to-annual-rent ratio at 10.9.
Key stats
- ZIP 60654 is around the 73rd percentile of tracked local ZIPs for home value.
- ZIP 60654 is around the 20th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.9.
- 75 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
- $389,083
- Typical rent
- $2,975
- Homes for sale
- 146
- Buyer competition
- 55
- New listings
- 60
- Homes going pending
- 45
- Listings with price cuts
- 18.3%
Price and rent in ZIP 60654
ZIP 60654 is around the 73rd percentile of tracked local ZIPs for home value. ZIP 60654 is around the 94th percentile of tracked local ZIPs for rent.
ZIP 60654 home value & rent trend (past 12 months)
Typical home value rose 0.5% over the past 12 months, from $387,038 to $389,083. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.7% in April 2026.
Typical rent rose 5.3% over the past 12 months, from $2,825 to $2,975. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.5% in May 2026.
How ZIP 60654 compares to the metro
ZIP 60654's typical home value is 14.4% above the metro median of $340,167. ZIP 60654's typical rent is 58.0% above the metro median of $1,883. ZIP 60654's buyer competition is 13.4% below the metro median of 64.
How fast homes sell in ZIP 60654
Homes in ZIP 60654 typically go pending in about 37 days — about 42% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60654 is around the 80th percentile of tracked local ZIPs for for-sale inventory. ZIP 60654 is around the 20th percentile of tracked local ZIPs for buyer competition. 75 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 98 and 159 — a 61-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60661, 60606, 60602, 60603.
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 60654 vs 60601Compare this market with another tracked ZIP or peer group.
- Compare 60654 vs 60602Compare this market with another tracked ZIP or peer group.
- Compare 60654 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 60661 housing marketReview a nearby local market with the same core measures.
- ZIP 60606 housing marketReview a nearby local market with the same core measures.
- ZIP 60602 housing marketReview a nearby local market with the same core measures.
- Chicago Metro housing market overviewReturn to the broader parent market.
60654 Housing Market Overview FAQ
What is the typical home value in ZIP 60654?
The typical home value in ZIP 60654 is $389,083 in the latest monthly reading.
What is the typical rent in ZIP 60654?
Typical rent in ZIP 60654 is $2,975 per month.
What is the home-value-to-rent ratio in ZIP 60654?
ZIP 60654 has a home-value-to-annual-rent ratio of 10.9.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules