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Chicago ZIP Comparison: 60602 vs 60631

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60631, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60631
Typical home value$295,141$469,236
Typical rent$2,574$1,944
Homes for sale1479
Buyer competition6456
New listings-42
Homes going pending535
Listings with price cutsN/A20.7%

ZIP 60631 has 37.1% higher typical home value than ZIP 60602. ZIP 60602 has 32.4% higher typical rent than ZIP 60631.

Key stats

  • ZIP 60631 has 37.1% higher typical home value than ZIP 60602.
  • ZIP 60602 has 32.4% higher typical rent than ZIP 60631.
  • ZIP 60631 has 82.3% higher for-sale inventory than ZIP 60602.
  • ZIP 60602 has 14.3% higher buyer competition than ZIP 60631.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.1 in ZIP 60631.
typical home value delta
ZIP 60631 has 37.1% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60602 has 32.4% higher typical rent than ZIP 60631.
homes for sale delta
ZIP 60631 has 82.3% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60602 has 14.3% higher buyer competition than ZIP 60631.

The largest measurable differences

ZIP 60631 has 37.1% higher typical home value than ZIP 60602. ZIP 60602 has 32.4% higher typical rent than ZIP 60631. ZIP 60631 has 82.3% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60631 has 37.1% higher typical home value than ZIP 60602. ZIP 60602 has 32.4% higher typical rent than ZIP 60631.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.1 in ZIP 60631.

Supply and buyer pressure

ZIP 60631 has 82.3% higher for-sale inventory than ZIP 60602. ZIP 60602 has 14.3% higher buyer competition than ZIP 60631.

Continue your market research

Sources and method

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