HomeMarketCap.com

ZIP 60622 Chicago, IL Housing Market

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

Price, Rent & Competition

$656,720

$2,563

70 index

133

Supply & Market Activity

69

57

19.79%

20 days

Area profile & market context

Population

54,609

Population density

8,434 / sq mi

Latest market movement

Home value (MoM)

+0.77%

Inventory (MoM)

-2.21%

Buyer competition (MoM)

+11.11%

New listings (MoM)

-11.54%

Homes Pending (MoM)

-16.18%

Price cuts share (MoM)

+11.50%

Typical rent (YoY)

+7.43%

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: 57 · MoM: -16.18% · YoY: 7.55%

  • Sale speed (days to pending)

    Value: 20 · MoM: 17.65% · YoY: -

Other local market activity

  • New listings

    Value: 69 · MoM: -11.54% · YoY: 23.21%

  • Homes for sale

    Value: 133 · MoM: -2.21% · YoY: 6.40%

  • Buyer competition

    Value: 70 · MoM: 11.11% · YoY: 9.38%

  • Price cuts share

    Value: 19.79% · MoM: 11.50% · YoY: 0.41%

  • Home sales activity (metro)

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

ZIP 60622 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60622 in the Chicago housing market is $656,720, with a typical rent of $2,563 per month. That puts the local home-value-to-annual-rent ratio at 21.4.

Key stats

  • ZIP 60622 is around the 98th percentile of tracked local ZIPs for home value.
  • ZIP 60622 is around the 87th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 21.4.
  • 83 homes went pending for every 100 new listings in the current reading.
  • Supply contracted while buyer competition strengthened.
Typical home value
$656,720
Typical rent
$2,563
Homes for sale
133
Buyer competition
70
New listings
69
Homes going pending
57
Listings with price cuts
19.8%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 8.5% over 12 months
Typical home value up 8.5% over the last 12 months in ZIP 60622.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 7.9% over 12 months
Typical rent up 7.9% over the last 12 months in ZIP 60622.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 11.8% over 12 months
Homes for sale up 11.8% over the last 12 months in ZIP 60622.
New listings — past 12 months
Sep 25 – Aug 26
Up 27.8% over 12 months
New listings up 27.8% over the last 12 months in ZIP 60622.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 21.3% over 12 months
Homes going pending up 21.3% over the last 12 months in ZIP 60622.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 14.8% over 12 months
Buyer competition index up 14.8% over the last 12 months in ZIP 60622.
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 60622.

Price and rent in ZIP 60622

ZIP 60622 is around the 98th percentile of tracked local ZIPs for home value. ZIP 60622 is around the 80th percentile of tracked local ZIPs for rent.

ZIP 60622 home value & rent trend (past 12 months)

Typical home value rose 8.5% over the past 12 months, from $605,482 to $656,720. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.9% in November 2025.

Typical rent rose 7.9% over the past 12 months, from $2,376 to $2,563. It rose in 9 of 11 monthly readings. The largest monthly gain was +2.2% in February 2026.

How ZIP 60622 compares to Chicago

ZIP 60622's typical home value is 95.7% above the Chicago median of $335,515. ZIP 60622's typical rent is 37.6% above the Chicago median of $1,862. ZIP 60622's buyer competition is 12.9% above the Chicago median of 62.

How fast homes sell in ZIP 60622

Homes in ZIP 60622 typically go pending in about 20 days — about 27% faster than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60622 is around the 73rd percentile of tracked local ZIPs for for-sale inventory. ZIP 60622 is around the 87th percentile of tracked local ZIPs for buyer competition. 83 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 72 and 136 — a 64-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60647, 60642, 60612, 60614.

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 60622, in the other tracked markets.