HomeMarketCap.com

ZIP 60628 Chicago, IL Housing Market

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

Price, Rent & Competition

$152,236

$1,736

68 index

206

Supply & Market Activity

55

43

26.06%

50 days

Area profile & market context

Population

60,431

Population density

2,125 / sq mi

Latest market movement

Home value (MoM)

-0.42%

Inventory (MoM)

+1.48%

Buyer competition (MoM)

0.00%

New listings (MoM)

-8.33%

Homes Pending (MoM)

-6.52%

Price cuts share (MoM)

+5.73%

Typical rent (YoY)

+7.73%

How quickly homes are selling

Mixed signals

Direct sale-speed signals are mixed for this ZIP right now.

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: 43 · MoM: -6.52% · YoY: -20.37%

  • Sale speed (days to pending)

    Value: 50 · MoM: -3.85% · YoY: -5.66%

Other local market activity

  • New listings

    Value: 55 · MoM: -8.33% · YoY: -17.91%

  • Homes for sale

    Value: 206 · MoM: 1.48% · YoY: -16.26%

  • Buyer competition

    Value: 68 · MoM: 0.00% · YoY: 4.62%

  • Price cuts share

    Value: 26.06% · MoM: 5.73% · YoY: -11.23%

  • Home sales activity (metro)

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

ZIP 60628 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60628 in the Chicago housing market is $152,236, with a typical rent of $1,736 per month. That puts the local home-value-to-annual-rent ratio at 7.3.

Key stats

  • ZIP 60628 is around the 5th percentile of tracked local ZIPs for home value.
  • ZIP 60628 is around the 80th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 7.3.
  • 78 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
$152,236
Typical rent
$1,736
Homes for sale
206
Buyer competition
68
New listings
55
Homes going pending
43
Listings with price cuts
26.1%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 1.5% over 12 months
Typical home value up 1.5% over the last 12 months in ZIP 60628.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 8.1% over 12 months
Typical rent up 8.1% over the last 12 months in ZIP 60628.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 16.6% over 12 months
Homes for sale down 16.6% over the last 12 months in ZIP 60628.
New listings — past 12 months
Sep 25 – Aug 26
Down 14.1% over 12 months
New listings down 14.1% over the last 12 months in ZIP 60628.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 18.9% over 12 months
Homes going pending down 18.9% over the last 12 months in ZIP 60628.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 6.3% over 12 months
Buyer competition index up 6.3% over the last 12 months in ZIP 60628.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 14.7% over 12 months
Listings with price cuts down 14.7% over the last 12 months in ZIP 60628.

Price and rent in ZIP 60628

ZIP 60628 is around the 5th percentile of tracked local ZIPs for home value. ZIP 60628 is around the 30th percentile of tracked local ZIPs for rent.

ZIP 60628 home value & rent trend (past 12 months)

Typical home value rose 1.5% over the past 12 months, from $149,974 to $152,236. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.7% in February 2026.

Typical rent rose 8.1% over the past 12 months, from $1,605 to $1,736. It rose in 7 of 11 monthly readings. The largest monthly gain was +5.6% in May 2026.

How ZIP 60628 compares to Chicago

ZIP 60628's typical home value is 54.6% below the Chicago median of $335,515. ZIP 60628's typical rent is 6.8% below the Chicago median of $1,862. ZIP 60628's buyer competition is 9.7% above the Chicago median of 62.

How fast homes sell in ZIP 60628

Homes in ZIP 60628 typically go pending in about 50 days — about 82% slower than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60628 is around the 96th percentile of tracked local ZIPs for for-sale inventory. ZIP 60628 is around the 80th percentile of tracked local ZIPs for buyer competition. 78 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 12 readings on record, inventory moved between 203 and 250 — a 47-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60643, 60633, 60617, 60619.

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 60628, in the other tracked markets.