ZIP 60609 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60609 in the Chicago housing market is $265,577, with a typical rent of $1,585 per month. That puts the local home-value-to-annual-rent ratio at 14.0.
Key stats
- ZIP 60609 is around the 25th percentile of tracked local ZIPs for home value.
- ZIP 60609 is around the 13th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.0.
- 90 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
- $265,577
- Typical rent
- $1,585
- Homes for sale
- 58
- Buyer competition
- 54
- New listings
- 21
- Homes going pending
- 19
- Listings with price cuts
- 24.8%
Price and rent in ZIP 60609
ZIP 60609 is around the 25th percentile of tracked local ZIPs for home value. ZIP 60609 is around the 20th percentile of tracked local ZIPs for rent.
ZIP 60609 home value & rent trend (past 12 months)
Typical home value rose 2.5% over the last 11 months, from $259,111 to $265,577. It rose in 8 of 10 monthly readings. The largest monthly gain was +0.6% in July 2026.
Typical rent rose 3.3% over the last 11 months, from $1,535 to $1,585. It rose in 7 of 10 monthly readings. The largest monthly gain was +2.0% in October 2025.
How ZIP 60609 compares to Chicago
ZIP 60609's typical home value is 21.9% below the Chicago median of $340,167. ZIP 60609's typical rent is 15.8% below the Chicago median of $1,883. ZIP 60609's buyer competition is 15.0% below the Chicago median of 64.
Supply, pending activity, and competition
ZIP 60609 is around the 33rd percentile of tracked local ZIPs for for-sale inventory. ZIP 60609 is around the 13th percentile of tracked local ZIPs for buyer competition. 90 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 11 readings on record, inventory moved between 52 and 68 — a 16-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60608, 60621, 60616, 60636.
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 60608 housing marketReview a nearby local market with the same core measures.
- ZIP 60621 housing marketReview a nearby local market with the same core measures.
- ZIP 60616 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 under our editorial policy. Spotted something wrong? Report a correction.