ZIP 60649 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60649 in the Chicago housing market is $143,767, with a typical rent of $1,319 per month. That puts the local home-value-to-annual-rent ratio at 9.1.
Key stats
- ZIP 60649 is around the 4th percentile of tracked local ZIPs for home value.
- ZIP 60649 is around the 95th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 9.1.
- 70 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
- $143,767
- Typical rent
- $1,319
- Homes for sale
- 105
- Buyer competition
- 79
- New listings
- 23
- Homes going pending
- 16
- Listings with price cuts
- 27.1%
Price and rent in ZIP 60649
ZIP 60649 is around the 4th percentile of tracked local ZIPs for home value. ZIP 60649 is among the lowest of tracked local ZIPs for rent.
ZIP 60649 home value & rent trend (past 12 months)
Typical home value fell 3.9% over the past 12 months, from $149,550 to $143,767. It rose in 3 of 11 monthly readings. The largest monthly gain was +1.0% in February 2026.
Typical rent rose 2.8% over the past 12 months, from $1,283 to $1,319. It rose in 8 of 11 monthly readings. The largest monthly gain was +1.9% in July 2026.
How ZIP 60649 compares to Chicago
ZIP 60649's typical home value is 57.2% below the Chicago median of $335,515. ZIP 60649's typical rent is 29.1% below the Chicago median of $1,862. ZIP 60649's buyer competition is 27.4% above the Chicago median of 62.
Supply, pending activity, and competition
ZIP 60649 is around the 58th percentile of tracked local ZIPs for for-sale inventory. ZIP 60649 is around the 95th percentile of tracked local ZIPs for buyer competition. 70 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 95 and 111 — a 16-point spread across 55 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 60619, 60637, 60615, 60617.
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.
- All Chicago ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 60619 housing marketReview a nearby local market with the same core measures.
- ZIP 60637 housing marketReview a nearby local market with the same core measures.
- ZIP 60615 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.