HomeMarketCap.com

ZIP 60603 Chicago, IL Housing Market

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

Price, Rent & Competition

$343,967

$2,484

41 index

27

Supply & Market Activity

6

24.29%

Area profile & market context

Population

1,298

Population density

4,224 / sq mi

Latest market movement

Home value (MoM)

-0.29%

Inventory (MoM)

0.00%

Buyer competition (MoM)

-2.38%

New listings (MoM)

+20.00%

Price cuts share (MoM)

+5.15%

Typical rent (YoY)

+5.50%

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

  • New listings

    Value: 6 · MoM: 20.00% · YoY: -

  • Homes for sale

    Value: 27 · MoM: 0.00% · YoY: -22.86%

  • Buyer competition

    Value: 41 · MoM: -2.38% · YoY: -24.07%

  • Price cuts share

    Value: 24.29% · MoM: 5.15% · YoY: 14.90%

  • Home sales activity (metro)

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

ZIP 60603 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60603 in the Chicago housing market is $343,967, with a typical rent of $2,484 per month. It is a small, dense pocket of about 1,298 residents at 4,224 people per square mile, so its housing stock is far smaller than a typical tracked ZIP. That puts the local home-value-to-annual-rent ratio at 11.5.

Key stats

  • ZIP 60603 is around the 56th percentile of tracked local ZIPs for home value.
  • ZIP 60603 is around the 2nd percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 11.5.
  • Supply and buyer competition did not produce a clear easing or tightening split.
  • ZIP 60603's typical home value is 2.5% above the Chicago median of $335,515.
Typical home value
$343,967
Typical rent
$2,484
Homes for sale
27
Buyer competition
41
New listings
6
Listings with price cuts
24.3%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 1.2% over 12 months
Typical home value up 1.2% over the last 12 months in ZIP 60603.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 4.7% over 12 months
Typical rent up 4.7% over the last 12 months in ZIP 60603.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 18.2% over 12 months
Homes for sale down 18.2% over the last 12 months in ZIP 60603.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 6.8% over 12 months
Buyer competition index down 6.8% over the last 12 months in ZIP 60603.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 19.2% over 12 months
Listings with price cuts up 19.2% over the last 12 months in ZIP 60603.

Price and rent in ZIP 60603

ZIP 60603 is around the 56th percentile of tracked local ZIPs for home value. ZIP 60603 is around the 76th percentile of tracked local ZIPs for rent.

ZIP 60603 home value & rent trend (past 12 months)

Typical home value rose 1.2% over the past 12 months, from $339,869 to $343,967. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.8% in May 2026.

Typical rent rose 4.7% over the past 12 months, from $2,374 to $2,484. It rose in 7 of 11 monthly readings. The largest monthly gain was +2.8% in December 2025.

How ZIP 60603 compares to Chicago

ZIP 60603's typical home value is 2.5% above the Chicago median of $335,515. ZIP 60603's typical rent is 33.4% above the Chicago median of $1,862. ZIP 60603's buyer competition is 33.9% below the Chicago median of 62.

Supply, pending activity, and competition

ZIP 60603 is around the 9th percentile of tracked local ZIPs for for-sale inventory. ZIP 60603 is around the 2nd 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 25 and 33 — a 8-point spread across 55 comparable tracked ZIPs. Over the 12 readings on record, buyer competition moved between 31 and 58 — a 27-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60602, 60604, 60606, 60601.

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 60603, in the other tracked markets.