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Chicago ZIP Comparison: 60602 vs 60656

Begin with the individual housing-market profiles for ZIP 60602 and ZIP 60656, then use the shared measures below to compare them consistently.

MeasureZIP 60602ZIP 60656
Typical home value$295,141$395,391
Typical rent$2,574$1,619
Homes for sale1458
Buyer competition6452
New listings-30
Homes going pending528
Listings with price cutsN/A17.6%

ZIP 60656 has 25.4% higher typical home value than ZIP 60602. ZIP 60602 has 59.0% higher typical rent than ZIP 60656.

Key stats

  • ZIP 60656 has 25.4% higher typical home value than ZIP 60602.
  • ZIP 60602 has 59.0% higher typical rent than ZIP 60656.
  • ZIP 60656 has 75.9% higher for-sale inventory than ZIP 60602.
  • ZIP 60602 has 23.1% higher buyer competition than ZIP 60656.
  • The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.4 in ZIP 60656.
typical home value delta
ZIP 60656 has 25.4% higher typical home value than ZIP 60602.
typical rent delta
ZIP 60602 has 59.0% higher typical rent than ZIP 60656.
homes for sale delta
ZIP 60656 has 75.9% higher for-sale inventory than ZIP 60602.
buyer competition delta
ZIP 60602 has 23.1% higher buyer competition than ZIP 60656.

The largest measurable differences

ZIP 60656 has 25.4% higher typical home value than ZIP 60602. ZIP 60602 has 59.0% higher typical rent than ZIP 60656. ZIP 60656 has 75.9% higher for-sale inventory than ZIP 60602.

Price and rent differences

ZIP 60656 has 25.4% higher typical home value than ZIP 60602. ZIP 60602 has 59.0% higher typical rent than ZIP 60656.

The home-value-to-annual-rent ratio ranges from 9.6 in ZIP 60602 to 20.4 in ZIP 60656.

Supply and buyer pressure

ZIP 60656 has 75.9% higher for-sale inventory than ZIP 60602. ZIP 60602 has 23.1% higher buyer competition than ZIP 60656.

Continue your market research

Sources and method

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