ZIP 60608 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60608 in the Chicago housing market is $363,232, with a typical rent of $1,867 per month. That puts the local home-value-to-annual-rent ratio at 16.2.
Key stats
- ZIP 60608 is around the 64th percentile of tracked local ZIPs for home value.
- ZIP 60608 is around the 60th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 16.2.
- 81 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
- $363,232
- Typical rent
- $1,867
- Homes for sale
- 68
- Buyer competition
- 63
- New listings
- 26
- Homes going pending
- 21
- Listings with price cuts
- 22.2%
Price and rent in ZIP 60608
ZIP 60608 is around the 64th percentile of tracked local ZIPs for home value. ZIP 60608 is around the 52nd percentile of tracked local ZIPs for rent.
ZIP 60608 home value & rent trend (past 12 months)
Typical home value rose 4.5% over the past 12 months, from $347,674 to $363,232. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.8% in August 2026.
Typical rent rose 5.6% over the past 12 months, from $1,768 to $1,867. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.4% in April 2026.
How ZIP 60608 compares to Chicago
ZIP 60608's typical home value is 8.3% above the Chicago median of $335,515. ZIP 60608's buyer competition is 1.6% above the Chicago median of 62.
Supply, pending activity, and competition
ZIP 60608 is around the 38th percentile of tracked local ZIPs for for-sale inventory. ZIP 60608 is around the 60th percentile of tracked local ZIPs for buyer competition. 81 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 62 and 99 — a 37-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60623, 60609, 60607, 60612.
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 60623 housing marketReview a nearby local market with the same core measures.
- ZIP 60609 housing marketReview a nearby local market with the same core measures.
- ZIP 60607 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.