HomeMarketCap.com

ZIP 60601 Chicago, IL Housing Market

City
Chicago
County
Cook County
State
IL
Metro area
Chicago-Naperville-Elgin, IL-IN-WI

60601Chicago area

Price, Rent & Competition

$410,666

$3,044

41 index

181

Supply & Market Activity

43

29

15.04%

79 days

Area profile & market context

Population

15,235

Population density

15,135 / sq mi

Latest market movement

Home value (MoM)

-0.13%

Inventory (MoM)

-1.63%

Buyer competition (MoM)

-2.38%

New listings (MoM)

-17.31%

Homes Pending (MoM)

-6.45%

Price cuts share (MoM)

+7.44%

Typical rent (YoY)

+3.56%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary combines homes going pending and sale speed (days to pending). Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 29 · MoM: -6.45% · YoY: 7.41%

  • Sale speed (days to pending)

    Value: 79 · MoM: 3.95% · YoY: -

Other local market activity

  • New listings

    Value: 43 · MoM: -17.31% · YoY: 43.33%

  • Homes for sale

    Value: 181 · MoM: -1.63% · YoY: 12.42%

  • Buyer competition

    Value: 41 · MoM: -2.38% · YoY: -2.38%

  • Price cuts share

    Value: 15.04% · MoM: 7.44% · YoY: -23.59%

  • Home sales activity (metro)

    Value: 10,863 · MoM: -4.96% · YoY: 7.09%

ZIP 60601 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60601 in the Chicago housing market is $410,666, with a typical rent of $3,044 per month. That puts the local home-value-to-annual-rent ratio at 11.2.

Key stats

  • ZIP 60601 is around the 78th percentile of tracked local ZIPs for home value.
  • ZIP 60601 is around the 2nd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 11.2.
  • 67 homes went pending for every 100 new listings in the current reading.
  • Supply and buyer competition did not produce a clear easing or tightening split.
Typical home value
$410,666
Typical rent
$3,044
Homes for sale
181
Buyer competition
41
New listings
43
Homes going pending
29
Listings with price cuts
15.0%
Typical home value — past 12 months
Sep 25Jul 26
Down 0.4% over 11 months
Typical home value down 0.4% over the last 11 months in ZIP 60601.
Typical rent — past 12 months
Sep 25Jul 26
Up 4.5% over 11 months
Typical rent up 4.5% over the last 11 months in ZIP 60601.
Homes for sale — past 12 months
Sep 25Jul 26
Up 19.1% over 11 months
Homes for sale up 19.1% over the last 11 months in ZIP 60601.
New listings — past 12 months
Sep 25Jul 26
Up 53.6% over 11 months
New listings up 53.6% over the last 11 months in ZIP 60601.
Homes going pending — past 12 months
Sep 25Jul 26
Up 38.1% over 11 months
Homes going pending up 38.1% over the last 11 months in ZIP 60601.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 0.0% over 11 months
Buyer competition index up 0.0% over the last 11 months in ZIP 60601.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 1.7% over 11 months
Listings with price cuts up 1.7% over the last 11 months in ZIP 60601.

Price and rent in ZIP 60601

ZIP 60601 is around the 78th percentile of tracked local ZIPs for home value. ZIP 60601 is among the highest of tracked local ZIPs for rent.

ZIP 60601 home value & rent trend (past 12 months)

Typical home value fell 0.4% over the last 11 months, from $412,165 to $410,666. It rose in 5 of 10 monthly readings. The largest monthly gain was +0.7% in March 2026.

Typical rent rose 4.5% over the last 11 months, from $2,914 to $3,044. It rose in 7 of 10 monthly readings. The largest monthly gain was +1.4% in July 2026.

How ZIP 60601 compares to Chicago

ZIP 60601's typical home value is 20.7% above the Chicago median of $340,167. ZIP 60601's typical rent is 61.7% above the Chicago median of $1,883. ZIP 60601's buyer competition is 35.4% below the Chicago median of 64.

How fast homes sell in ZIP 60601

Homes in ZIP 60601 typically go pending in about 79 days — about 204% slower than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60601 is around the 91st percentile of tracked local ZIPs for for-sale inventory. ZIP 60601 is around the 2nd percentile of tracked local ZIPs for buyer competition. 67 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 11 readings on record, inventory moved between 122 and 184 — a 62-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60602, 60603, 60604, 60606.

Continue your market research

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Chicago

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 60601, in the other tracked markets.