HomeMarketCap.com

ZIP 60632 Chicago, IL Housing Market

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

60632Chicago area

Price, Rent & Competition

$288,707

$1,567

56 index

43

Supply & Market Activity

20

15

25.79%

Area profile & market context

Population

89,107

Population density

4,618 / sq mi

Latest market movement

Home value (MoM)

+0.87%

Inventory (MoM)

+7.50%

Buyer competition (MoM)

-6.67%

New listings (MoM)

+17.65%

Homes Pending (MoM)

+7.14%

Price cuts share (MoM)

+12.60%

Typical rent (YoY)

+4.69%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

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: 15 · MoM: 7.14% · YoY: -6.25%

Other local market activity

  • New listings

    Value: 20 · MoM: 17.65% · YoY: 17.65%

  • Homes for sale

    Value: 43 · MoM: 7.50% · YoY: -6.52%

  • Buyer competition

    Value: 56 · MoM: -6.67% · YoY: -12.50%

  • Price cuts share

    Value: 25.79% · MoM: 12.60% · YoY: 20.75%

  • Home sales activity (metro)

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

ZIP 60632 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60632 in the Chicago housing market is $288,707, with a typical rent of $1,567 per month. That puts the local home-value-to-annual-rent ratio at 15.4.

Key stats

  • ZIP 60632 is around the 35th percentile of tracked local ZIPs for home value.
  • ZIP 60632 is around the 25th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 15.4.
  • 75 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$288,707
Typical rent
$1,567
Homes for sale
43
Buyer competition
56
New listings
20
Homes going pending
15
Listings with price cuts
25.8%
Typical home value — past 12 months
Sep 25Jul 26
Up 3.3% over 11 months
Typical home value up 3.3% over the last 11 months in ZIP 60632.
Typical rent — past 12 months
Sep 25Jul 26
Up 3.0% over 11 months
Typical rent up 3.0% over the last 11 months in ZIP 60632.
Homes for sale — past 12 months
Sep 25Jul 26
Down 12.2% over 11 months
Homes for sale down 12.2% over the last 11 months in ZIP 60632.
New listings — past 12 months
Sep 25Jul 26
Up 5.3% over 11 months
New listings up 5.3% over the last 11 months in ZIP 60632.
Homes going pending — past 12 months
Sep 25Jul 26
Down 6.3% over 11 months
Homes going pending down 6.3% over the last 11 months in ZIP 60632.
Buyer competition index — past 12 months
Sep 25Jul 26
Down 3.4% over 11 months
Buyer competition index down 3.4% over the last 11 months in ZIP 60632.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 53.1% over 11 months
Listings with price cuts up 53.1% over the last 11 months in ZIP 60632.

Price and rent in ZIP 60632

ZIP 60632 is around the 35th percentile of tracked local ZIPs for home value. ZIP 60632 is around the 17th percentile of tracked local ZIPs for rent.

ZIP 60632 home value & rent trend (past 12 months)

Typical home value rose 3.3% over the last 11 months, from $279,539 to $288,707. It rose in 10 of 10 monthly readings. The largest monthly gain was +0.9% in July 2026.

Typical rent rose 3.0% over the last 11 months, from $1,521 to $1,567. It rose in 6 of 10 monthly readings. The largest monthly gain was +2.9% in February 2026.

How ZIP 60632 compares to Chicago

ZIP 60632's typical home value is 15.1% below the Chicago median of $340,167. ZIP 60632's typical rent is 16.8% below the Chicago median of $1,883. ZIP 60632's buyer competition is 11.8% below the Chicago median of 64.

Supply, pending activity, and competition

ZIP 60632 is around the 18th percentile of tracked local ZIPs for for-sale inventory. ZIP 60632 is around the 25th percentile of tracked local ZIPs for buyer competition. 75 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 11 readings on record, inventory moved between 39 and 49 — a 10-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60623, 60609, 60629, 60608.

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

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 60632, in the other tracked markets.