HomeMarketCap.com

ZIP 60602 Chicago, IL Housing Market

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

Price, Rent & Competition

$299,452

62 index

10

Area profile & market context

Population

1,480

Population density

6,934 / sq mi

Latest market movement

Home value (MoM)

-1.56%

Inventory (MoM)

-28.57%

Buyer competition (MoM)

-3.13%

How quickly homes are selling

No direct sale-speed data

Direct sale-speed data is not available for this ZIP in the current snapshot.

We do not estimate sale speed without direct ZIP-level sale-speed data. Use the supporting context below for market background only.

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

Sale-speed measures for this ZIP

No recent sale-speed measure is available for this ZIP.

Other local market activity

  • Homes for sale

    Value: 10 · MoM: -28.57% · YoY: -54.55%

  • Buyer competition

    Value: 62 · MoM: -3.13% · YoY: 1.64%

  • Home sales activity (metro)

    Value: 9,764 · MoM: -9.42% · YoY: 5.60%

ZIP 60602 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60602 in the Chicago housing market is $299,452. It is a small, dense pocket of about 1,480 residents at 6,934 people per square mile, so its housing stock is far smaller than a typical tracked ZIP.

Key stats

  • ZIP 60602 is around the 36th percentile of tracked local ZIPs for home value.
  • ZIP 60602 is around the 55th percentile of tracked local ZIPs for buyer competition.
  • Supply and buyer competition did not produce a clear easing or tightening split.
  • ZIP 60602's typical home value is 10.7% below the Chicago median of $335,515.
  • Typical home value fell 6.7% over the past 12 months, from $320,806 to $299,452. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.7% in April 2026.
Typical home value
$299,452
Homes for sale
10
Buyer competition
62
Typical home value — past 12 months
Sep 25 – Aug 26
Down 6.7% over 12 months
Typical home value down 6.7% over the last 12 months in ZIP 60602.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 52.4% over 12 months
Homes for sale down 52.4% over the last 12 months in ZIP 60602.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 6.9% over 12 months
Buyer competition index up 6.9% over the last 12 months in ZIP 60602.

Price and rent in ZIP 60602

ZIP 60602 is around the 36th percentile of tracked local ZIPs for home value.

ZIP 60602 home value & rent trend (past 12 months)

Typical home value fell 6.7% over the past 12 months, from $320,806 to $299,452. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.7% in April 2026.

How ZIP 60602 compares to Chicago

ZIP 60602's typical home value is 10.7% below the Chicago median of $335,515.

Supply, pending activity, and competition

ZIP 60602 is around the 2nd percentile of tracked local ZIPs for for-sale inventory. ZIP 60602 is around the 55th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 10 and 21 — a 11-point spread across 55 comparable tracked ZIPs. Inventory has moved falling in each of the latest three available monthly readings.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60603, 60601, 60606, 60604.

Continue your market research

Sources and method

Figures are updated monthly by the HomeMarketCap.com team 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 60602, in the other tracked markets.