HomeMarketCap.com

Chicago ZIP Comparison: 60602 vs 60618

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60618, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60618
Typical home value$295,141$586,540
Typical rent$2,574$2,285
Homes for sale1494
Buyer competition6468
New listings-62
Homes going pending559
Listings with price cutsN/A10.7%

ZIP 60618 has 49.7% higher typical home value than ZIP 60602. ZIP 60602 has 12.6% higher typical rent than ZIP 60618.

Key stats

  • ZIP 60618 has 49.7% higher typical home value than ZIP 60602.
  • ZIP 60602 has 12.6% higher typical rent than ZIP 60618.
  • ZIP 60618 has 85.1% higher for-sale inventory than ZIP 60602.
  • ZIP 60618 has 5.9% higher buyer competition than ZIP 60602.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 21.4 in ZIP 60618.
typical home value delta
ZIP 60618 has 49.7% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60602 has 12.6% higher typical rent than ZIP 60618.
homes for sale delta
ZIP 60618 has 85.1% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60618 has 5.9% higher buyer competition than ZIP 60602.

The largest measurable differences

ZIP 60618 has 49.7% higher typical home value than ZIP 60602. ZIP 60602 has 12.6% higher typical rent than ZIP 60618. ZIP 60618 has 85.1% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60618 has 49.7% higher typical home value than ZIP 60602. ZIP 60602 has 12.6% higher typical rent than ZIP 60618.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 21.4 in ZIP 60618.

Supply and buyer pressure

ZIP 60618 has 85.1% higher for-sale inventory than ZIP 60602. ZIP 60618 has 5.9% higher buyer competition than ZIP 60602.

Continue your market research

Sources and method

Related Chicago questions

Is Chicago Housing Market Cooling?

Review the current Chicago evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Is Chicago Housing Market Cooling?
Is Chicago a Buyer's Market?

Review the current Chicago evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Is Chicago a Buyer's Market?
Chicago Rent vs Buy

Review the current Chicago evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Chicago Rent vs Buy
Should I Buy Now or Wait in Chicago?

Review the current Chicago evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Should I Buy Now or Wait in Chicago?
Chicago Housing Market Forecast

Review the current Chicago evidence for this question, including local ZIP differences and practical factors to verify before making a housing decision.

Chicago Housing Market Forecast