HomeMarketCap.com

ZIP 60659 Chicago, IL Housing Market

60659Chicago area

Price, Rent & Competition

$374,409

$1,799

85 index

48

Supply & Market Activity

23

16

20.06%

Area profile & market context

Population

41,728

Population density

6,828 / sq mi

Latest market movement

Home value (MoM)

+0.65%

Inventory (MoM)

+2.13%

Buyer competition (MoM)

-1.16%

New listings (MoM)

-11.54%

Homes Pending (MoM)

-5.88%

Price cuts share (MoM)

+43.62%

Typical rent (YoY)

+4.34%

How quickly homes are selling

Selling slower

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

This summary uses one direct sale-speed signal for this ZIP. 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: 16 · MoM: -5.88% · YoY: 6.67%

Other local market activity

  • New listings

    Value: 23 · MoM: -11.54% · YoY: 9.52%

  • Homes for sale

    Value: 48 · MoM: 2.13% · YoY: 4.35%

  • Buyer competition

    Value: 85 · MoM: -1.16% · YoY: 16.44%

  • Price cuts share

    Value: 20.06% · MoM: 43.62% · YoY: -20.36%

  • Home sales activity (metro)

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

ZIP 60659 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60659 in the Chicago housing market is $374,409, with a typical rent of $1,799 per month. That puts the local home-value-to-annual-rent ratio at 17.3.

Key stats

  • ZIP 60659 is around the 65th percentile of tracked local ZIPs for home value.
  • ZIP 60659 is around the 98th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 17.3.
  • 70 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$374,409
Typical rent
$1,799
Homes for sale
48
Buyer competition
85
New listings
23
Homes going pending
16
Listings with price cuts
20.1%
Typical home value — past 12 months
Aug 25Jul 26
Up 7.8% over 12 months
Typical home value up 7.8% over the last 12 months in ZIP 60659.
Typical rent — past 12 months
Aug 25Jul 26
Up 5.5% over 12 months
Typical rent up 5.5% over the last 12 months in ZIP 60659.
Homes for sale — past 12 months
Aug 25Jul 26
Up 0.0% over 12 months
Homes for sale up 0.0% over the last 12 months in ZIP 60659.
New listings — past 12 months
Aug 25Jul 26
Up 27.8% over 12 months
New listings up 27.8% over the last 12 months in ZIP 60659.
Homes going pending — past 12 months
Aug 25Jul 26
Up 6.7% over 12 months
Homes going pending up 6.7% over the last 12 months in ZIP 60659.
Buyer competition index — past 12 months
Aug 25Jul 26
Up 16.4% over 12 months
Buyer competition index up 16.4% over the last 12 months in ZIP 60659.
Listings with price cuts — past 12 months
Aug 25Jul 26
Down 28.4% over 12 months
Listings with price cuts down 28.4% over the last 12 months in ZIP 60659.

Price and rent in ZIP 60659

ZIP 60659 is around the 65th percentile of tracked local ZIPs for home value. ZIP 60659 is around the 33rd percentile of tracked local ZIPs for rent.

ZIP 60659 home value & rent trend (past 12 months)

Typical home value rose 7.8% over the past 12 months, from $347,316 to $374,409. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.2% in December 2025.

Typical rent rose 5.5% over the past 12 months, from $1,705 to $1,799. It rose in 6 of 11 monthly readings. The largest monthly gain was +3.4% in March 2026.

How ZIP 60659 compares to the metro

ZIP 60659's typical home value is 10.1% above the metro median of $340,167. ZIP 60659's typical rent is 4.5% below the metro median of $1,883. ZIP 60659's buyer competition is 33.9% above the metro median of 64.

Supply, pending activity, and competition

ZIP 60659 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 60659 is around the 98th percentile of tracked local ZIPs for buyer competition. 70 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 34 and 48 — a 14-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60625, 60645, 60630, 60712.

Continue your market research

60659 Housing Market Overview FAQ

What is the typical home value in ZIP 60659?

The typical home value in ZIP 60659 is $374,409 in the latest monthly reading.

What is the typical rent in ZIP 60659?

Typical rent in ZIP 60659 is $1,799 per month.

What is the home-value-to-rent ratio in ZIP 60659?

ZIP 60659 has a home-value-to-annual-rent ratio of 17.3.

Sources and method

Explore ZIP Pages in Chicago Metro