HomeMarketCap.com

ZIP 60655 Chicago, IL Housing Market

60655Chicago area

Price, Rent & Competition

$339,296

$1,895

59 index

60

Supply & Market Activity

29

23

28.01%

22 days

Area profile & market context

Population

28,434

Population density

2,491 / sq mi

Latest market movement

Home value (MoM)

+0.82%

Inventory (MoM)

+9.09%

Buyer competition (MoM)

+1.72%

New listings (MoM)

-3.33%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

+11.77%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

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: 23 · MoM: 0.00% · YoY: -14.81%

  • Sale speed (days to pending)

    Value: 22 · MoM: - · YoY: -

Other local market activity

  • New listings

    Value: 29 · MoM: -3.33% · YoY: -3.33%

  • Homes for sale

    Value: 60 · MoM: 9.09% · YoY: -6.25%

  • Buyer competition

    Value: 59 · MoM: 1.72% · YoY: 5.36%

  • Price cuts share

    Value: 28.01% · MoM: 11.77% · YoY: -15.08%

  • Home sales activity (metro)

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

ZIP 60655 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60655 in the Chicago housing market is $339,296, with a typical rent of $1,895 per month. That puts the local home-value-to-annual-rent ratio at 14.9.

Key stats

  • ZIP 60655 is around the 49th percentile of tracked local ZIPs for home value.
  • ZIP 60655 is around the 35th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 14.9.
  • 79 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
$339,296
Typical rent
$1,895
Homes for sale
60
Buyer competition
59
New listings
29
Homes going pending
23
Listings with price cuts
28.0%
Typical home value — past 12 months
Aug 25Jul 26
Up 5.7% over 12 months
Typical home value up 5.7% over the last 12 months in ZIP 60655.
Homes for sale — past 12 months
Aug 25Jul 26
Down 3.2% over 12 months
Homes for sale down 3.2% over the last 12 months in ZIP 60655.
New listings — past 12 months
Aug 25Jul 26
Up 20.8% over 12 months
New listings up 20.8% over the last 12 months in ZIP 60655.
Homes going pending — past 12 months
Aug 25Jul 26
Down 11.5% over 12 months
Homes going pending down 11.5% over the last 12 months in ZIP 60655.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 5.4% over 12 months
Buyer competition index up 5.4% over the last 12 months in ZIP 60655.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 23.8% over 12 months
Listings with price cuts down 23.8% over the last 12 months in ZIP 60655.

Price and rent in ZIP 60655

ZIP 60655 is around the 49th percentile of tracked local ZIPs for home value. ZIP 60655 is around the 54th percentile of tracked local ZIPs for rent.

ZIP 60655 home value & rent trend (past 12 months)

Typical home value rose 5.7% over the past 12 months, from $321,106 to $339,296. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.8% in July 2026.

How ZIP 60655 compares to the metro

ZIP 60655's buyer competition is 7.1% below the metro median of 64.

How fast homes sell in ZIP 60655

Homes in ZIP 60655 typically go pending in about 22 days — about 15% faster than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60655 is around the 35th percentile of tracked local ZIPs for for-sale inventory. ZIP 60655 is around the 35th percentile of tracked local ZIPs for buyer competition. 79 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 43 and 62 — a 19-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60805, 60803, 60643, 60456.

Continue your market research

60655 Housing Market Overview FAQ

What is the typical home value in ZIP 60655?

The typical home value in ZIP 60655 is $339,296 in the latest monthly reading.

What is the typical rent in ZIP 60655?

Typical rent in ZIP 60655 is $1,895 per month.

What is the home-value-to-rent ratio in ZIP 60655?

ZIP 60655 has a home-value-to-annual-rent ratio of 14.9.

Sources and method

Explore ZIP Pages in Chicago Metro