HomeMarketCap.com

ZIP 60606 Chicago, IL Housing Market

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

60606Chicago area

Price, Rent & Competition

$344,545

$2,789

64 index

24

Supply & Market Activity

7

20.56%

Area profile & market context

Population

3,840

Population density

6,389 / sq mi

Latest market movement

Home value (MoM)

+0.80%

Inventory (MoM)

-4.00%

Buyer competition (MoM)

-4.48%

New listings (MoM)

-12.50%

Price cuts share (MoM)

-3.99%

Typical rent (YoY)

+2.06%

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: 7 · MoM: -12.50% · YoY: -

  • Homes for sale

    Value: 24 · MoM: -4.00% · YoY: -17.24%

  • Buyer competition

    Value: 64 · MoM: -4.48% · YoY: 1.59%

  • Price cuts share

    Value: 20.56% · MoM: -3.99% · YoY: -

  • Home sales activity (metro)

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

ZIP 60606 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60606 in the Chicago housing market is $344,545, with a typical rent of $2,789 per month. That puts the local home-value-to-annual-rent ratio at 10.3.

Key stats

  • ZIP 60606 is around the 53rd percentile of tracked local ZIPs for home value.
  • ZIP 60606 is around the 58th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.3.
  • Supply and buyer competition did not produce a clear easing or tightening split.
  • ZIP 60606's typical home value is 1.3% above the Chicago median of $340,167.
Typical home value
$344,545
Typical rent
$2,789
Homes for sale
24
Buyer competition
64
New listings
7
Listings with price cuts
20.6%
Typical home value — past 12 months
Sep 25Jul 26
Up 3.4% over 11 months
Typical home value up 3.4% over the last 11 months in ZIP 60606.
Typical rent — past 12 months
Sep 25Jul 26
Up 2.6% over 11 months
Typical rent up 2.6% over the last 11 months in ZIP 60606.
Homes for sale — past 12 months
Sep 25Jul 26
Up 9.1% over 11 months
Homes for sale up 9.1% over the last 11 months in ZIP 60606.
New listings — past 12 months
Jan 26Jul 26
Up 75.0% over 7 months
New listings up 75.0% over the last 7 months in ZIP 60606.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 10.3% over 11 months
Buyer competition index up 10.3% over the last 11 months in ZIP 60606.

Price and rent in ZIP 60606

ZIP 60606 is around the 53rd percentile of tracked local ZIPs for home value. ZIP 60606 is around the 89th percentile of tracked local ZIPs for rent.

ZIP 60606 home value & rent trend (past 12 months)

Typical home value rose 3.4% over the last 11 months, from $333,171 to $344,545. It rose in 8 of 10 monthly readings. The largest monthly gain was +0.8% in July 2026.

Typical rent rose 2.6% over the last 11 months, from $2,719 to $2,789. It rose in 7 of 10 monthly readings. The largest monthly gain was +1.1% in January 2026.

How ZIP 60606 compares to Chicago

ZIP 60606's typical home value is 1.3% above the Chicago median of $340,167. ZIP 60606's typical rent is 48.1% above the Chicago median of $1,883.

Supply, pending activity, and competition

ZIP 60606 is around the 7th percentile of tracked local ZIPs for for-sale inventory. ZIP 60606 is around the 58th percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 11 readings on record, inventory moved between 14 and 25 — a 11-point spread across 55 comparable tracked ZIPs. Over the 11 readings on record, buyer competition moved between 53 and 72 — a 19-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60602, 60603, 60661, 60604.

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 60606, in the other tracked markets.