HomeMarketCap.com

ZIP 60657 Chicago, IL Housing Market

60657Chicago area

Price, Rent & Competition

$549,532

$2,559

77 index

182

Supply & Market Activity

111

98

12.42%

18 days

Area profile & market context

Population

71,904

Population density

12,767 / sq mi

Latest market movement

Home value (MoM)

+1.26%

Inventory (MoM)

+0.55%

Buyer competition (MoM)

-3.75%

New listings (MoM)

-5.13%

Homes Pending (MoM)

-8.41%

Price cuts share (MoM)

+24.89%

Typical rent (YoY)

+8.29%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

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: 98 · MoM: -8.41% · YoY: -2.97%

  • Sale speed (days to pending)

    Value: 18 · MoM: 12.50% · YoY: -5.26%

Other local market activity

  • New listings

    Value: 111 · MoM: -5.13% · YoY: 4.72%

  • Homes for sale

    Value: 182 · MoM: 0.55% · YoY: -3.70%

  • Buyer competition

    Value: 77 · MoM: -3.75% · YoY: 1.32%

  • Price cuts share

    Value: 12.42% · MoM: 24.89% · YoY: -20.55%

  • Home sales activity (metro)

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

ZIP 60657 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60657 in the Chicago housing market is $549,532, with a typical rent of $2,559 per month. That puts the local home-value-to-annual-rent ratio at 17.9.

Key stats

  • ZIP 60657 is around the 89th percentile of tracked local ZIPs for home value.
  • ZIP 60657 is around the 89th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 17.9.
  • 88 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$549,532
Typical rent
$2,559
Homes for sale
182
Buyer competition
77
New listings
111
Homes going pending
98
Listings with price cuts
12.4%
Typical home value — past 12 months
Aug 25Jul 26
Up 11.1% over 12 months
Typical home value up 11.1% over the last 12 months in ZIP 60657.
Typical rent — past 12 months
Aug 25Jul 26
Up 7.5% over 12 months
Typical rent up 7.5% over the last 12 months in ZIP 60657.
Homes for sale — past 12 months
Aug 25Jul 26
Up 6.4% over 12 months
Homes for sale up 6.4% over the last 12 months in ZIP 60657.
New listings — past 12 months
Aug 25Jul 26
Up 26.1% over 12 months
New listings up 26.1% over the last 12 months in ZIP 60657.
Homes going pending — past 12 months
Aug 25Jul 26
Up 10.1% over 12 months
Homes going pending up 10.1% over the last 12 months in ZIP 60657.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 4.1% over 12 months
Buyer competition index up 4.1% over the last 12 months in ZIP 60657.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 28.3% over 12 months
Listings with price cuts down 28.3% over the last 12 months in ZIP 60657.

Price and rent in ZIP 60657

ZIP 60657 is around the 89th percentile of tracked local ZIPs for home value. ZIP 60657 is around the 78th percentile of tracked local ZIPs for rent.

ZIP 60657 home value & rent trend (past 12 months)

Typical home value rose 11.1% over the past 12 months, from $494,790 to $549,532. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.3% in July 2026.

Typical rent rose 7.5% over the past 12 months, from $2,380 to $2,559. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.5% in June 2026.

How ZIP 60657 compares to the metro

ZIP 60657's typical home value is 61.5% above the metro median of $340,167. ZIP 60657's typical rent is 35.9% above the metro median of $1,883. ZIP 60657's buyer competition is 21.3% above the metro median of 64.

How fast homes sell in ZIP 60657

Homes in ZIP 60657 typically go pending in about 18 days — about 31% faster than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60657 is around the 93rd percentile of tracked local ZIPs for for-sale inventory. ZIP 60657 is around the 89th percentile of tracked local ZIPs for buyer competition. 88 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 106 and 182 — a 76-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60614, 60613, 60610, 60642.

Continue your market research

60657 Housing Market Overview FAQ

What is the typical home value in ZIP 60657?

The typical home value in ZIP 60657 is $549,532 in the latest monthly reading.

What is the typical rent in ZIP 60657?

Typical rent in ZIP 60657 is $2,559 per month.

What is the home-value-to-rent ratio in ZIP 60657?

ZIP 60657 has a home-value-to-annual-rent ratio of 17.9.

Sources and method

Explore ZIP Pages in Chicago Metro