ZIP 60646 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60646 in the Chicago housing market is $564,169, with a typical rent of $1,906 per month. That puts the local home-value-to-annual-rent ratio at 24.7.
Key stats
- ZIP 60646 is around the 91st percentile of tracked local ZIPs for home value.
- ZIP 60646 is around the 40th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 24.7.
- 84 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $564,169
- Typical rent
- $1,906
- Homes for sale
- 56
- Buyer competition
- 58
- New listings
- 25
- Homes going pending
- 21
- Listings with price cuts
- 26.3%
Price and rent in ZIP 60646
ZIP 60646 is around the 91st percentile of tracked local ZIPs for home value. ZIP 60646 is around the 56th percentile of tracked local ZIPs for rent.
ZIP 60646 home value & rent trend (past 12 months)
Typical home value rose 7.0% over the past 12 months, from $527,423 to $564,169. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.1% in August 2026.
Typical rent rose 2.3% over the last 7 months, from $1,863 to $1,906. It rose in 3 of 6 monthly readings. The largest monthly gain was +3.4% in May 2026.
How ZIP 60646 compares to Chicago
ZIP 60646's typical home value is 68.1% above the Chicago median of $335,515. ZIP 60646's typical rent is 2.4% above the Chicago median of $1,862. ZIP 60646's buyer competition is 6.5% below the Chicago median of 62.
Supply, pending activity, and competition
ZIP 60646 is around the 27th percentile of tracked local ZIPs for for-sale inventory. ZIP 60646 is around the 40th percentile of tracked local ZIPs for buyer competition. 84 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 35 and 56 — a 21-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60630, 60659, 60625, 60645.
Continue your market research
- Is the Chicago Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Chicago a Buyer's Market?Read the related local market analysis.
- Compare 60601 vs 60646Compare this market with another tracked ZIP or peer group.
- Compare 60603 vs 60646Compare this market with another tracked ZIP or peer group.
- ZIP 60630 housing marketReview a nearby local market with the same core measures.
- ZIP 60659 housing marketReview a nearby local market with the same core measures.
- ZIP 60625 housing marketReview a nearby local market with the same core measures.
- Chicago housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.