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Chicago ZIP Comparison: 60602 vs 60607

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60607, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60607
Typical home value$295,141$457,545
Typical rent$2,574$2,992
Homes for sale14157
Buyer competition6452
New listings-63
Homes going pending546
Listings with price cutsN/A17.3%

ZIP 60607 has 35.5% higher typical home value than ZIP 60602. ZIP 60607 has 14.0% higher typical rent than ZIP 60602.

Key stats

  • ZIP 60607 has 35.5% higher typical home value than ZIP 60602.
  • ZIP 60607 has 14.0% higher typical rent than ZIP 60602.
  • ZIP 60607 has 91.1% higher for-sale inventory than ZIP 60602.
  • ZIP 60602 has 23.1% higher buyer competition than ZIP 60607.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 12.7 in ZIP 60607.
typical home value delta
ZIP 60607 has 35.5% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60607 has 14.0% higher typical rent than ZIP 60602.
homes for sale delta
ZIP 60607 has 91.1% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60602 has 23.1% higher buyer competition than ZIP 60607.

The largest measurable differences

ZIP 60607 has 35.5% higher typical home value than ZIP 60602. ZIP 60607 has 14.0% higher typical rent than ZIP 60602. ZIP 60607 has 91.1% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60607 has 35.5% higher typical home value than ZIP 60602. ZIP 60607 has 14.0% higher typical rent than ZIP 60602.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 12.7 in ZIP 60607.

Supply and buyer pressure

ZIP 60607 has 91.1% higher for-sale inventory than ZIP 60602. ZIP 60602 has 23.1% higher buyer competition than ZIP 60607.

Continue your market research

Sources and method

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