ZIP 60617 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60617 in the Chicago housing market is $177,862, with a typical rent of $1,435 per month. That puts the local home-value-to-annual-rent ratio at 10.3.
Key stats
- ZIP 60617 is around the 9th percentile of tracked local ZIPs for home value.
- ZIP 60617 is around the 82nd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 10.3.
- 84 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $177,862
- Typical rent
- $1,435
- Homes for sale
- 140
- Buyer competition
- 71
- New listings
- 44
- Homes going pending
- 37
- Listings with price cuts
- 23.5%
Price and rent in ZIP 60617
ZIP 60617 is around the 9th percentile of tracked local ZIPs for home value. ZIP 60617 is around the 6th percentile of tracked local ZIPs for rent.
ZIP 60617 home value & rent trend (past 12 months)
Typical home value rose 3.6% over the last 11 months, from $171,716 to $177,862. It rose in 8 of 10 monthly readings. The largest monthly gain was +1.1% in February 2026.
Typical rent rose 0.6% over the last 11 months, from $1,427 to $1,435. It rose in 5 of 10 monthly readings. The largest monthly gain was +3.2% in March 2026.
How ZIP 60617 compares to Chicago
ZIP 60617's typical home value is 47.7% below the Chicago median of $340,167. ZIP 60617's typical rent is 23.8% below the Chicago median of $1,883. ZIP 60617's buyer competition is 11.8% above the Chicago median of 64.
How fast homes sell in ZIP 60617
Homes in ZIP 60617 typically go pending in about 57 days — about 119% slower than the metro median of 26 days.
Supply, pending activity, and competition
ZIP 60617 is around the 76th percentile of tracked local ZIPs for for-sale inventory. ZIP 60617 is around the 82nd percentile of tracked local ZIPs for buyer competition. 84 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 11 readings on record, inventory moved between 140 and 203 — a 63-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60633, 60628, 60619, 60649.
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 60633 housing marketReview a nearby local market with the same core measures.
- ZIP 60628 housing marketReview a nearby local market with the same core measures.
- ZIP 60619 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.