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Chicago ZIP Comparison: 60602 vs 60647

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60647, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60647
Typical home value$295,141$592,798
Typical rent$2,574$2,371
Homes for sale14123
Buyer competition6474
New listings-72
Homes going pending561
Listings with price cutsN/A15.0%

ZIP 60647 has 50.2% higher typical home value than ZIP 60602. ZIP 60602 has 8.6% higher typical rent than ZIP 60647.

Key stats

  • ZIP 60647 has 50.2% higher typical home value than ZIP 60602.
  • ZIP 60602 has 8.6% higher typical rent than ZIP 60647.
  • ZIP 60647 has 88.6% higher for-sale inventory than ZIP 60602.
  • ZIP 60647 has 13.5% higher buyer competition than ZIP 60602.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.8 in ZIP 60647.
typical home value delta
ZIP 60647 has 50.2% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60602 has 8.6% higher typical rent than ZIP 60647.
homes for sale delta
ZIP 60647 has 88.6% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60647 has 13.5% higher buyer competition than ZIP 60602.

The largest measurable differences

ZIP 60647 has 50.2% higher typical home value than ZIP 60602. ZIP 60602 has 8.6% higher typical rent than ZIP 60647. ZIP 60647 has 88.6% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60647 has 50.2% higher typical home value than ZIP 60602. ZIP 60602 has 8.6% higher typical rent than ZIP 60647.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.8 in ZIP 60647.

Supply and buyer pressure

ZIP 60647 has 88.6% higher for-sale inventory than ZIP 60602. ZIP 60647 has 13.5% higher buyer competition than ZIP 60602.

Continue your market research

Sources and method

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