HomeMarketCap.com

ZIP 60624 Chicago, IL Housing Market

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

60624Chicago area

Price, Rent & Competition

$222,597

$1,798

64 index

20

Supply & Market Activity

6

4

20.17%

Area profile & market context

Population

35,263

Population density

3,838 / sq mi

Latest market movement

Home value (MoM)

+0.63%

Inventory (MoM)

-9.09%

Buyer competition (MoM)

-4.48%

New listings (MoM)

0.00%

Price cuts share (MoM)

+12.18%

Typical rent (YoY)

+7.75%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

This summary uses one direct sale-speed signal for this ZIP. 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: 4 · MoM: - · YoY: -

Other local market activity

  • New listings

    Value: 6 · MoM: 0.00% · YoY: -

  • Homes for sale

    Value: 20 · MoM: -9.09% · YoY: -39.39%

  • Buyer competition

    Value: 64 · MoM: -4.48% · YoY: 1.59%

  • Price cuts share

    Value: 20.17% · MoM: 12.18% · YoY: -

  • Home sales activity (metro)

    Value: 10,863 · MoM: -4.96% · YoY: 7.09%

ZIP 60624 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60624 in the Chicago housing market is $222,597, with a typical rent of $1,798 per month. That puts the local home-value-to-annual-rent ratio at 10.3.

Key stats

  • ZIP 60624 is around the 16th percentile of tracked local ZIPs for home value.
  • ZIP 60624 is around the 58th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 10.3.
  • 67 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
$222,597
Typical rent
$1,798
Homes for sale
20
Buyer competition
64
New listings
6
Homes going pending
4
Listings with price cuts
20.2%
Typical home value — past 12 months
Sep 25Jul 26
Up 7.2% over 11 months
Typical home value up 7.2% over the last 11 months in ZIP 60624.
Typical rent — past 12 months
Sep 25Jul 26
Up 8.8% over 11 months
Typical rent up 8.8% over the last 11 months in ZIP 60624.
Homes for sale — past 12 months
Sep 25Jul 26
Down 35.5% over 11 months
Homes for sale down 35.5% over the last 11 months in ZIP 60624.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 10.3% over 11 months
Buyer competition index up 10.3% over the last 11 months in ZIP 60624.

Price and rent in ZIP 60624

ZIP 60624 is around the 16th percentile of tracked local ZIPs for home value. ZIP 60624 is around the 31st percentile of tracked local ZIPs for rent.

ZIP 60624 home value & rent trend (past 12 months)

Typical home value rose 7.2% over the last 11 months, from $207,654 to $222,597. It rose in 10 of 10 monthly readings. The largest monthly gain was +1.3% in December 2025.

Typical rent rose 8.8% over the last 11 months, from $1,652 to $1,798. It rose in 8 of 10 monthly readings. The largest monthly gain was +2.8% in April 2026.

How ZIP 60624 compares to Chicago

ZIP 60624's typical home value is 34.6% below the Chicago median of $340,167. ZIP 60624's typical rent is 4.5% below the Chicago median of $1,883.

Supply, pending activity, and competition

ZIP 60624 is around the 4th percentile of tracked local ZIPs for for-sale inventory. ZIP 60624 is around the 58th percentile of tracked local ZIPs for buyer competition. 67 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 11 readings on record, inventory moved between 20 and 31 — a 11-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60644, 60651, 60612, 60623.

Continue your market research

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Chicago

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Typical home value within reach of ZIP 60624, in the other tracked markets.