HomeMarketCap.com

ZIP 60645 Chicago, IL Housing Market

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

Price, Rent & Competition

$317,088

$1,877

69 index

76

Supply & Market Activity

35

28

28.40%

23 days

Area profile & market context

Population

48,208

Population density

8,362 / sq mi

Latest market movement

Home value (MoM)

+0.84%

Inventory (MoM)

+10.14%

Buyer competition (MoM)

+2.99%

New listings (MoM)

+6.06%

Homes Pending (MoM)

-3.45%

Price cuts share (MoM)

+23.06%

Typical rent (YoY)

+5.86%

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: 28 · MoM: -3.45% · YoY: 40.00%

  • Sale speed (days to pending)

    Value: 23 · MoM: 0.00% · YoY: -

Other local market activity

  • New listings

    Value: 35 · MoM: 6.06% · YoY: -

  • Homes for sale

    Value: 76 · MoM: 10.14% · YoY: 2.70%

  • Buyer competition

    Value: 69 · MoM: 2.99% · YoY: -1.43%

  • Price cuts share

    Value: 28.40% · MoM: 23.06% · YoY: 52.29%

  • Home sales activity (metro)

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

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 $317,088, with a typical rent of $1,877 per month. That puts the local home-value-to-annual-rent ratio at 14.1.

Key stats

  • ZIP 60645 is around the 40th percentile of tracked local ZIPs for home value.
  • ZIP 60645 is around the 84th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 14.1.
  • 80 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
$317,088
Typical rent
$1,877
Homes for sale
76
Buyer competition
69
New listings
35
Homes going pending
28
Listings with price cuts
28.4%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 5.5% over 12 months
Typical home value up 5.5% over the last 12 months in ZIP 60645.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 4.5% over 12 months
Typical rent up 4.5% over the last 12 months in ZIP 60645.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 3.8% over 12 months
Homes for sale down 3.8% over the last 12 months in ZIP 60645.
New listings — past 12 months
Jan 26 – Aug 26
Up 191.7% over 8 months
New listings up 191.7% over the last 8 months in ZIP 60645.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 7.7% over 12 months
Homes going pending up 7.7% over the last 12 months in ZIP 60645.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 1.5% over 12 months
Buyer competition index up 1.5% over the last 12 months in ZIP 60645.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 34.3% over 12 months
Listings with price cuts up 34.3% over the last 12 months in ZIP 60645.

Price and rent in ZIP 60645

ZIP 60645 is around the 40th percentile of tracked local ZIPs for home value. ZIP 60645 is around the 54th percentile of tracked local ZIPs for rent.

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

Typical home value rose 5.5% over the past 12 months, from $300,580 to $317,088. It rose in 11 of 11 monthly readings. The largest monthly gain was +0.8% in March 2026.

Typical rent rose 4.5% over the past 12 months, from $1,795 to $1,877. It rose in 7 of 11 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 5.5% below the Chicago median of $335,515. ZIP 60645's buyer competition is 11.3% above the Chicago median of 62.

How fast homes sell in ZIP 60645

Homes in ZIP 60645 typically go pending in about 23 days — about 16% faster than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60645 is around the 51st percentile of tracked local ZIPs for for-sale inventory. ZIP 60645 is around the 84th percentile of tracked local ZIPs for buyer competition. 80 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 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 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 60645, in the other tracked markets.