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Chicago ZIP Comparison: 60602 vs 60638

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60638, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60638
Typical home value$295,141$329,390
Typical rent$2,574$1,624
Homes for sale14108
Buyer competition6458
New listings-47
Homes going pending540
Listings with price cutsN/A24.6%

ZIP 60638 has 10.4% higher typical home value than ZIP 60602. ZIP 60602 has 58.5% higher typical rent than ZIP 60638.

Key stats

  • ZIP 60638 has 10.4% higher typical home value than ZIP 60602.
  • ZIP 60602 has 58.5% higher typical rent than ZIP 60638.
  • ZIP 60638 has 87.0% higher for-sale inventory than ZIP 60602.
  • ZIP 60602 has 10.3% higher buyer competition than ZIP 60638.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 16.9 in ZIP 60638.
typical home value delta
ZIP 60638 has 10.4% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60602 has 58.5% higher typical rent than ZIP 60638.
homes for sale delta
ZIP 60638 has 87.0% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60602 has 10.3% higher buyer competition than ZIP 60638.

The largest measurable differences

ZIP 60638 has 10.4% higher typical home value than ZIP 60602. ZIP 60602 has 58.5% higher typical rent than ZIP 60638. ZIP 60638 has 87.0% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60638 has 10.4% higher typical home value than ZIP 60602. ZIP 60602 has 58.5% higher typical rent than ZIP 60638.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 16.9 in ZIP 60638.

Supply and buyer pressure

ZIP 60638 has 87.0% higher for-sale inventory than ZIP 60602. ZIP 60602 has 10.3% higher buyer competition than ZIP 60638.

Continue your market research

Sources and method

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