HomeMarketCap.com

ZIP 60645 Chicago, IL Housing Market

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

60645Chicago area

Price, Rent & Competition

$324,428

$1,890

67 index

69

Supply & Market Activity

33

29

23.08%

23 days

Area profile & market context

Population

48,208

Population density

8,362 / sq mi

Latest market movement

Home value (MoM)

+0.76%

Inventory (MoM)

0.00%

Buyer competition (MoM)

-28.72%

New listings (MoM)

-2.94%

Homes Pending (MoM)

-9.38%

Price cuts share (MoM)

+8.33%

Typical rent (YoY)

+6.81%

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: 29 · MoM: -9.38% · YoY: 31.82%

  • Sale speed (days to pending)

    Value: 23 · MoM: -4.17% · YoY: -

Other local market activity

  • New listings

    Value: 33 · MoM: -2.94% · YoY: -

  • Homes for sale

    Value: 69 · MoM: 0.00% · YoY: -4.17%

  • Buyer competition

    Value: 67 · MoM: -28.72% · YoY: -4.29%

  • Price cuts share

    Value: 23.08% · MoM: 8.33% · YoY: 23.56%

  • Home sales activity (metro)

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

ZIP 60645 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60645 in the Chicago housing market is $324,428, with a typical rent of $1,890 per month. That puts the local home-value-to-annual-rent ratio at 14.3.

Key stats

  • ZIP 60645 is around the 42nd percentile of tracked local ZIPs for home value.
  • ZIP 60645 is around the 71st percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 14.3.
  • 88 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
$324,428
Typical rent
$1,890
Homes for sale
69
Buyer competition
67
New listings
33
Homes going pending
29
Listings with price cuts
23.1%
Typical home value — past 12 months
Sep 25Jul 26
Up 4.6% over 11 months
Typical home value up 4.6% over the last 11 months in ZIP 60645.
Typical rent — past 12 months
Sep 25Jul 26
Up 5.3% over 11 months
Typical rent up 5.3% over the last 11 months in ZIP 60645.
Homes for sale — past 12 months
Sep 25Jul 26
Down 12.7% over 11 months
Homes for sale down 12.7% over the last 11 months in ZIP 60645.
New listings — past 12 months
Jan 26Jul 26
Up 175.0% over 7 months
New listings up 175.0% over the last 7 months in ZIP 60645.
Homes going pending — past 12 months
Sep 25Jul 26
Up 11.5% over 11 months
Homes going pending up 11.5% over the last 11 months in ZIP 60645.
Buyer competition index — past 12 months
Sep 25Jul 26
Down 1.5% over 11 months
Buyer competition index down 1.5% over the last 11 months in ZIP 60645.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 9.1% over 11 months
Listings with price cuts up 9.1% over the last 11 months in ZIP 60645.

Price and rent in ZIP 60645

ZIP 60645 is around the 42nd percentile of tracked local ZIPs for home value. ZIP 60645 is around the 52nd percentile of tracked local ZIPs for rent.

ZIP 60645 home value & rent trend (past 12 months)

Typical home value rose 4.6% over the last 11 months, from $310,122 to $324,428. It rose in 10 of 10 monthly readings. The largest monthly gain was +0.8% in March 2026.

Typical rent rose 5.3% over the last 11 months, from $1,795 to $1,890. It rose in 7 of 10 monthly readings. The largest monthly gain was +2.9% in March 2026.

How ZIP 60645 compares to Chicago

ZIP 60645's typical home value is 4.6% below the Chicago median of $340,167. ZIP 60645's buyer competition is 5.5% above the Chicago median of 64.

How fast homes sell in ZIP 60645

Homes in ZIP 60645 typically go pending in about 23 days — about 12% faster than the metro median of 26 days.

Supply, pending activity, and competition

ZIP 60645 is around the 38th percentile of tracked local ZIPs for for-sale inventory. ZIP 60645 is around the 71st percentile of tracked local ZIPs for buyer competition. 88 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 48 and 79 — a 31-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60626, 60659, 60660, 60625.

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 60645, in the other tracked markets.