HomeMarketCap.com

ZIP 60606 Chicago, IL Housing Market

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

Price, Rent & Competition

$331,804

$2,755

62 index

24

Supply & Market Activity

7

7

18.02%

Area profile & market context

Population

3,840

Population density

6,389 / sq mi

Latest market movement

Home value (MoM)

+0.83%

Inventory (MoM)

0.00%

Buyer competition (MoM)

-3.13%

New listings (MoM)

0.00%

Price cuts share (MoM)

-12.34%

Typical rent (YoY)

+1.94%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

This summary uses one direct sale-speed signal for this ZIP. 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: 7 · MoM: - · YoY: -

Other local market activity

  • New listings

    Value: 7 · MoM: 0.00% · YoY: -

  • Homes for sale

    Value: 24 · MoM: 0.00% · YoY: -7.69%

  • Buyer competition

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

  • Price cuts share

    Value: 18.02% · MoM: -12.34% · YoY: -

  • Home sales activity (metro)

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

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 $331,804, with a typical rent of $2,755 per month. That puts the local home-value-to-annual-rent ratio at 10.0.

Key stats

  • ZIP 60606 is around the 47th percentile of tracked local ZIPs for home value.
  • ZIP 60606 is around the 55th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.0.
  • 100 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
$331,804
Typical rent
$2,755
Homes for sale
24
Buyer competition
62
New listings
7
Homes going pending
7
Listings with price cuts
18.0%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 4.3% over 12 months
Typical home value up 4.3% over the last 12 months in ZIP 60606.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 2.4% over 12 months
Typical rent up 2.4% over the last 12 months in ZIP 60606.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 9.1% over 12 months
Homes for sale up 9.1% over the last 12 months in ZIP 60606.
New listings — past 12 months
Jan 26 – Aug 26
Up 75.0% over 8 months
New listings up 75.0% over the last 8 months in ZIP 60606.
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 60606.
Listings with price cuts — past 12 months
Mar 26 – Aug 26
Down 29.3% over 6 months
Listings with price cuts down 29.3% over the last 6 months in ZIP 60606.

Price and rent in ZIP 60606

ZIP 60606 is around the 47th percentile of tracked local ZIPs for home value. ZIP 60606 is around the 86th percentile of tracked local ZIPs for rent.

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

Typical home value rose 4.3% over the past 12 months, from $318,208 to $331,804. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.8% in August 2026.

Typical rent rose 2.4% over the past 12 months, from $2,691 to $2,755. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.2% in January 2026.

How ZIP 60606 compares to Chicago

ZIP 60606's typical home value is 1.1% below the Chicago median of $335,515. ZIP 60606's typical rent is 48.0% above the Chicago median of $1,862.

Supply, pending activity, and competition

ZIP 60606 is around the 5th percentile of tracked local ZIPs for for-sale inventory. ZIP 60606 is around the 55th percentile of tracked local ZIPs for buyer competition. 100 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 12 readings on record, inventory moved between 14 and 25 — a 11-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 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 60606, in the other tracked markets.