HomeMarketCap.com

ZIP 60611 Chicago, IL Housing Market

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

Price, Rent & Competition

$361,718

$2,911

48 index

473

Supply & Market Activity

128

85

21.64%

55 days

Area profile & market context

Population

37,705

Population density

18,360 / sq mi

Latest market movement

Home value (MoM)

+0.23%

Inventory (MoM)

+0.64%

Buyer competition (MoM)

0.00%

New listings (MoM)

-8.57%

Homes Pending (MoM)

-13.27%

Price cuts share (MoM)

+7.95%

Typical rent (YoY)

+4.85%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

This summary combines homes going pending and sale speed (days to pending). 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: 85 · MoM: -13.27% · YoY: -13.27%

  • Sale speed (days to pending)

    Value: 55 · MoM: -1.79% · YoY: -37.50%

Other local market activity

  • New listings

    Value: 128 · MoM: -8.57% · YoY: 17.43%

  • Homes for sale

    Value: 473 · MoM: 0.64% · YoY: -14.77%

  • Buyer competition

    Value: 48 · MoM: 0.00% · YoY: -2.04%

  • Price cuts share

    Value: 21.64% · MoM: 7.95% · YoY: 27.24%

  • Home sales activity (metro)

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

ZIP 60611 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60611 in the Chicago housing market is $361,718, with a typical rent of $2,911 per month. That puts the local home-value-to-annual-rent ratio at 10.4.

Key stats

  • ZIP 60611 is around the 62nd percentile of tracked local ZIPs for home value.
  • ZIP 60611 is around the 9th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.4.
  • 66 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
$361,718
Typical rent
$2,911
Homes for sale
473
Buyer competition
48
New listings
128
Homes going pending
85
Listings with price cuts
21.6%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 3.0% over 12 months
Typical home value up 3.0% over the last 12 months in ZIP 60611.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 5.2% over 12 months
Typical rent up 5.2% over the last 12 months in ZIP 60611.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 10.1% over 12 months
Homes for sale down 10.1% over the last 12 months in ZIP 60611.
New listings — past 12 months
Sep 25 – Aug 26
Up 16.4% over 12 months
New listings up 16.4% over the last 12 months in ZIP 60611.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 7.6% over 12 months
Homes going pending down 7.6% over the last 12 months in ZIP 60611.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 2.0% over 12 months
Buyer competition index down 2.0% over the last 12 months in ZIP 60611.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 18.7% over 12 months
Listings with price cuts up 18.7% over the last 12 months in ZIP 60611.

Price and rent in ZIP 60611

ZIP 60611 is around the 62nd percentile of tracked local ZIPs for home value. ZIP 60611 is around the 92nd percentile of tracked local ZIPs for rent.

ZIP 60611 home value & rent trend (past 12 months)

Typical home value rose 3.0% over the past 12 months, from $351,219 to $361,718. It rose in 9 of 11 monthly readings. The largest monthly gain was +0.6% in February 2026.

Typical rent rose 5.2% over the past 12 months, from $2,768 to $2,911. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.4% in February 2026.

How ZIP 60611 compares to Chicago

ZIP 60611's typical home value is 7.8% above the Chicago median of $335,515. ZIP 60611's typical rent is 56.4% above the Chicago median of $1,862. ZIP 60611's buyer competition is 22.6% below the Chicago median of 62.

How fast homes sell in ZIP 60611

Homes in ZIP 60611 typically go pending in about 55 days — about 100% slower than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60611 is among the highest of tracked local ZIPs for for-sale inventory. ZIP 60611 is around the 9th percentile of tracked local ZIPs for buyer competition. 66 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 365 and 526 — a 161-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60601, 60602, 60603, 60654.

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 60611, in the other tracked markets.