ZIP 60620 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60620 in the Chicago housing market is $186,996, with a typical rent of $1,359 per month. That puts the local home-value-to-annual-rent ratio at 11.5.
Key stats
- ZIP 60620 is around the 11th percentile of tracked local ZIPs for home value.
- ZIP 60620 is around the 80th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 11.5.
- 81 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $186,996
- Typical rent
- $1,359
- Homes for sale
- 139
- Buyer competition
- 68
- New listings
- 43
- Homes going pending
- 35
- Listings with price cuts
- 23.6%
Price and rent in ZIP 60620
ZIP 60620 is around the 11th percentile of tracked local ZIPs for home value. ZIP 60620 is around the 2nd percentile of tracked local ZIPs for rent.
ZIP 60620 home value & rent trend (past 12 months)
Typical home value rose 1.4% over the past 12 months, from $184,452 to $186,996. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.9% in December 2025.
Typical rent rose 0.3% over the past 12 months, from $1,356 to $1,359. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.3% in June 2026.
How ZIP 60620 compares to Chicago
ZIP 60620's typical home value is 44.3% below the Chicago median of $335,515. ZIP 60620's typical rent is 27.0% below the Chicago median of $1,862. ZIP 60620's buyer competition is 9.7% above the Chicago median of 62.
How fast homes sell in ZIP 60620
Homes in ZIP 60620 typically go pending in about 41 days — about 49% slower than the metro median of 28 days.
Supply, pending activity, and competition
ZIP 60620 is around the 76th percentile of tracked local ZIPs for for-sale inventory. ZIP 60620 is around the 80th percentile of tracked local ZIPs for buyer competition. 81 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 139 and 184 — a 45-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60652, 60636, 60621, 60619.
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 60652 housing marketReview a nearby local market with the same core measures.
- ZIP 60636 housing marketReview a nearby local market with the same core measures.
- ZIP 60621 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.