ZIP 60607 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60607 in the Chicago housing market is $438,590, with a typical rent of $2,984 per month. That puts the local home-value-to-annual-rent ratio at 12.2.
Key stats
- ZIP 60607 is around the 85th percentile of tracked local ZIPs for home value.
- ZIP 60607 is around the 24th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 12.2.
- 71 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
- $438,590
- Typical rent
- $2,984
- Homes for sale
- 159
- Buyer competition
- 54
- New listings
- 59
- Homes going pending
- 42
- Listings with price cuts
- 16.7%
Price and rent in ZIP 60607
ZIP 60607 is around the 85th percentile of tracked local ZIPs for home value. ZIP 60607 is around the 98th percentile of tracked local ZIPs for rent.
ZIP 60607 home value & rent trend (past 12 months)
Typical home value rose 4.5% over the past 12 months, from $419,851 to $438,590. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.9% in August 2026.
Typical rent rose 6.5% over the past 12 months, from $2,802 to $2,984. It rose in 10 of 11 monthly readings. The largest monthly gain was +1.2% in February 2026.
How ZIP 60607 compares to Chicago
ZIP 60607's typical home value is 30.7% above the Chicago median of $335,515. ZIP 60607's typical rent is 60.3% above the Chicago median of $1,862. ZIP 60607's buyer competition is 12.9% below the Chicago median of 62.
How fast homes sell in ZIP 60607
Homes in ZIP 60607 typically go pending in about 38 days — about 38% slower than the metro median of 28 days.
Supply, pending activity, and competition
ZIP 60607 is around the 87th percentile of tracked local ZIPs for for-sale inventory. ZIP 60607 is around the 24th percentile of tracked local ZIPs for buyer competition. 71 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 101 and 167 — a 66-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60661, 60606, 60604, 60603.
Continue your market research
- Is the Chicago Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Chicago a Buyer's Market?Read the related local market analysis.
- All Chicago ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 60661 housing marketReview a nearby local market with the same core measures.
- ZIP 60606 housing marketReview a nearby local market with the same core measures.
- ZIP 60604 housing marketReview a nearby local market with the same core measures.
- Chicago housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.