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Chicago ZIP Comparison: 60602 vs 60642

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60642, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60642
Typical home value$295,141$585,646
Typical rent$2,574$2,769
Homes for sale1463
Buyer competition6463
New listings-35
Homes going pending530
Listings with price cutsN/A17.0%

ZIP 60642 has 49.6% higher typical home value than ZIP 60602. ZIP 60642 has 7.0% higher typical rent than ZIP 60602.

Key stats

  • ZIP 60642 has 49.6% higher typical home value than ZIP 60602.
  • ZIP 60642 has 7.0% higher typical rent than ZIP 60602.
  • ZIP 60642 has 77.8% higher for-sale inventory than ZIP 60602.
  • ZIP 60602 has 1.6% higher buyer competition than ZIP 60642.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 17.6 in ZIP 60642.
typical home value delta
ZIP 60642 has 49.6% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60642 has 7.0% higher typical rent than ZIP 60602.
homes for sale delta
ZIP 60642 has 77.8% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60602 has 1.6% higher buyer competition than ZIP 60642.

The largest measurable differences

ZIP 60642 has 49.6% higher typical home value than ZIP 60602. ZIP 60642 has 7.0% higher typical rent than ZIP 60602. ZIP 60642 has 77.8% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60642 has 49.6% higher typical home value than ZIP 60602. ZIP 60642 has 7.0% higher typical rent than ZIP 60602.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 17.6 in ZIP 60642.

Supply and buyer pressure

ZIP 60642 has 77.8% higher for-sale inventory than ZIP 60602. ZIP 60602 has 1.6% higher buyer competition than ZIP 60642.

Continue your market research

Sources and method

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