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Chicago ZIP Comparison: 60616 vs 60646

Begin with the individual housing-market profiles for ZIP 60616 and ZIP 60646, then use the shared measures below to compare them consistently.

MeasureZIP 60616ZIP 60646
Typical home value$346,649$561,690
Typical rent$1,858$2,005
Homes for sale13450
Buyer competition7175
New listings5628
Homes going pending3920
Listings with price cuts15.8%22.0%

ZIP 60646 has 38.3% higher typical home value than ZIP 60616. ZIP 60646 has 7.3% higher typical rent than ZIP 60616.

Key stats

  • ZIP 60646 has 38.3% higher typical home value than ZIP 60616.
  • ZIP 60646 has 7.3% higher typical rent than ZIP 60616.
  • ZIP 60616 has 168.0% higher for-sale inventory than ZIP 60646.
  • ZIP 60646 has 5.3% higher buyer competition than ZIP 60616.
  • The home-value-to-annual-rent ratio ranges from 15.5 in ZIP 60616 to 23.3 in ZIP 60646.
typical home value delta
ZIP 60646 has 38.3% higher typical home value than ZIP 60616.
typical rent delta
ZIP 60646 has 7.3% higher typical rent than ZIP 60616.
homes for sale delta
ZIP 60616 has 168.0% higher for-sale inventory than ZIP 60646.
buyer competition delta
ZIP 60646 has 5.3% higher buyer competition than ZIP 60616.

The largest measurable differences

ZIP 60646 has 38.3% higher typical home value than ZIP 60616. ZIP 60646 has 7.3% higher typical rent than ZIP 60616. ZIP 60616 has 168.0% higher for-sale inventory than ZIP 60646.

Price and rent differences

ZIP 60646 has 38.3% higher typical home value than ZIP 60616. ZIP 60646 has 7.3% higher typical rent than ZIP 60616.

The home-value-to-annual-rent ratio ranges from 15.5 in ZIP 60616 to 23.3 in ZIP 60646.

Supply and buyer pressure

ZIP 60616 has 168.0% higher for-sale inventory than ZIP 60646. ZIP 60646 has 5.3% higher buyer competition than ZIP 60616.

Pending homes per 100 new listings range from 70 in ZIP 60616 to 71 in ZIP 60646.

Continue your market research

Sources and method

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