HomeMarketCap.com

ZIP 60614 Chicago, IL Housing Market

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

Price, Rent & Competition

$676,448

$2,866

80 index

195

Supply & Market Activity

104

100

16.03%

21 days

Area profile & market context

Population

70,693

Population density

8,471 / sq mi

Latest market movement

Home value (MoM)

+1.10%

Inventory (MoM)

-9.30%

Buyer competition (MoM)

+1.27%

New listings (MoM)

-14.75%

Homes Pending (MoM)

-10.71%

Price cuts share (MoM)

+5.91%

Typical rent (YoY)

+8.58%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

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: 100 · MoM: -10.71% · YoY: 17.65%

  • Sale speed (days to pending)

    Value: 21 · MoM: 10.53% · YoY: -4.55%

Other local market activity

  • New listings

    Value: 104 · MoM: -14.75% · YoY: 19.54%

  • Homes for sale

    Value: 195 · MoM: -9.30% · YoY: -2.99%

  • Buyer competition

    Value: 80 · MoM: 1.27% · YoY: 8.11%

  • Price cuts share

    Value: 16.03% · MoM: 5.91% · YoY: -9.90%

  • Home sales activity (metro)

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

ZIP 60614 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60614 in the Chicago housing market is $676,448, with a typical rent of $2,866 per month. That puts the local home-value-to-annual-rent ratio at 19.7.

Key stats

  • ZIP 60614 is among the highest of tracked local ZIPs for home value.
  • ZIP 60614 is around the 96th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 19.7.
  • 96 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$676,448
Typical rent
$2,866
Homes for sale
195
Buyer competition
80
New listings
104
Homes going pending
100
Listings with price cuts
16.0%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 9.5% over 12 months
Typical home value up 9.5% over the last 12 months in ZIP 60614.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 9.9% over 12 months
Typical rent up 9.9% over the last 12 months in ZIP 60614.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 6.0% over 12 months
Homes for sale up 6.0% over the last 12 months in ZIP 60614.
New listings — past 12 months
Sep 25 – Aug 26
Up 25.3% over 12 months
New listings up 25.3% over the last 12 months in ZIP 60614.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 33.3% over 12 months
Homes going pending up 33.3% over the last 12 months in ZIP 60614.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 6.7% over 12 months
Buyer competition index up 6.7% over the last 12 months in ZIP 60614.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 13.0% over 12 months
Listings with price cuts down 13.0% over the last 12 months in ZIP 60614.

Price and rent in ZIP 60614

ZIP 60614 is among the highest of tracked local ZIPs for home value. ZIP 60614 is around the 90th percentile of tracked local ZIPs for rent.

ZIP 60614 home value & rent trend (past 12 months)

Typical home value rose 9.5% over the past 12 months, from $617,726 to $676,448. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.1% in July 2026.

Typical rent rose 9.9% over the past 12 months, from $2,607 to $2,866. It rose in 8 of 11 monthly readings. The largest monthly gain was +2.2% in April 2026.

How ZIP 60614 compares to Chicago

ZIP 60614's typical home value is 101.6% above the Chicago median of $335,515. ZIP 60614's typical rent is 53.9% above the Chicago median of $1,862. ZIP 60614's buyer competition is 29.0% above the Chicago median of 62.

How fast homes sell in ZIP 60614

Homes in ZIP 60614 typically go pending in about 21 days — about 24% faster than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60614 is around the 95th percentile of tracked local ZIPs for for-sale inventory. ZIP 60614 is around the 96th percentile of tracked local ZIPs for buyer competition. 96 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 105 and 223 — a 118-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60657, 60610, 60642, 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 60614, in the other tracked markets.