HomeMarketCap.com

ZIP 60654 Chicago, IL Housing Market

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

Price, Rent & Competition

$384,201

$2,912

54 index

147

Supply & Market Activity

57

41

20.02%

39 days

Area profile & market context

Population

25,755

Population density

18,354 / sq mi

Latest market movement

Home value (MoM)

+0.52%

Inventory (MoM)

+0.68%

Buyer competition (MoM)

-3.57%

New listings (MoM)

-5.00%

Homes Pending (MoM)

-8.89%

Price cuts share (MoM)

+9.38%

Typical rent (YoY)

+4.61%

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: 41 · MoM: -8.89% · YoY: -8.89%

  • Sale speed (days to pending)

    Value: 39 · MoM: 5.41% · YoY: -32.76%

Other local market activity

  • New listings

    Value: 57 · MoM: -5.00% · YoY: 26.67%

  • Homes for sale

    Value: 147 · MoM: 0.68% · YoY: -7.55%

  • Buyer competition

    Value: 54 · MoM: -3.57% · YoY: 3.85%

  • Price cuts share

    Value: 20.02% · MoM: 9.38% · YoY: 1.19%

  • Home sales activity (metro)

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

ZIP 60654 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60654 in the Chicago housing market is $384,201, with a typical rent of $2,912 per month. That puts the local home-value-to-annual-rent ratio at 11.0.

Key stats

  • ZIP 60654 is around the 73rd percentile of tracked local ZIPs for home value.
  • ZIP 60654 is around the 24th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 11.0.
  • 72 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$384,201
Typical rent
$2,912
Homes for sale
147
Buyer competition
54
New listings
57
Homes going pending
41
Listings with price cuts
20.0%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 1.1% over 12 months
Typical home value up 1.1% over the last 12 months in ZIP 60654.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 4.7% over 12 months
Typical rent up 4.7% over the last 12 months in ZIP 60654.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 2.0% over 12 months
Homes for sale down 2.0% over the last 12 months in ZIP 60654.
New listings — past 12 months
Sep 25 – Aug 26
Up 21.3% over 12 months
New listings up 21.3% over the last 12 months in ZIP 60654.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 17.1% over 12 months
Homes going pending up 17.1% over the last 12 months in ZIP 60654.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 12.5% over 12 months
Buyer competition index up 12.5% over the last 12 months in ZIP 60654.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 11.5% over 12 months
Listings with price cuts down 11.5% over the last 12 months in ZIP 60654.

Price and rent in ZIP 60654

ZIP 60654 is around the 73rd percentile of tracked local ZIPs for home value. ZIP 60654 is around the 94th percentile of tracked local ZIPs for rent.

ZIP 60654 home value & rent trend (past 12 months)

Typical home value rose 1.1% over the past 12 months, from $380,044 to $384,201. It rose in 6 of 11 monthly readings. The largest monthly gain was +0.7% in April 2026.

Typical rent rose 4.7% over the past 12 months, from $2,782 to $2,912. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.5% in May 2026.

How ZIP 60654 compares to Chicago

ZIP 60654's typical home value is 14.5% above the Chicago median of $335,515. ZIP 60654's typical rent is 56.4% above the Chicago median of $1,862. ZIP 60654's buyer competition is 12.9% below the Chicago median of 62.

How fast homes sell in ZIP 60654

Homes in ZIP 60654 typically go pending in about 39 days — about 42% slower than the metro median of 28 days.

Supply, pending activity, and competition

ZIP 60654 is around the 82nd percentile of tracked local ZIPs for for-sale inventory. ZIP 60654 is around the 24th percentile of tracked local ZIPs for buyer competition. 72 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 98 and 150 — a 52-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60661, 60606, 60602, 60603.

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 60654, in the other tracked markets.