HomeMarketCap.com

ZIP 60659 Chicago, IL Housing Market

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

Price, Rent & Competition

$367,756

$1,825

63 index

50

Supply & Market Activity

20

17

28.31%

Area profile & market context

Population

41,728

Population density

6,828 / sq mi

Latest market movement

Home value (MoM)

+0.75%

Inventory (MoM)

+4.17%

Buyer competition (MoM)

-21.25%

New listings (MoM)

-13.04%

Homes Pending (MoM)

+6.25%

Price cuts share (MoM)

+41.14%

Typical rent (YoY)

+5.73%

How quickly homes are selling

Selling faster

Homes appear to be going under contract faster in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. 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: 17 · MoM: 6.25% · YoY: 13.33%

Other local market activity

  • New listings

    Value: 20 · MoM: -13.04% · YoY: 11.11%

  • Homes for sale

    Value: 50 · MoM: 4.17% · YoY: 4.17%

  • Buyer competition

    Value: 63 · MoM: -21.25% · YoY: -12.50%

  • Price cuts share

    Value: 28.31% · MoM: 41.14% · YoY: 1.06%

  • Home sales activity (metro)

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

ZIP 60659 covers residential neighborhoods in Chicago, located within Cook County, IL, part of the broader Chicago housing market. The typical home value in ZIP 60659 in the Chicago housing market is $367,756, with a typical rent of $1,825 per month. That puts the local home-value-to-annual-rent ratio at 16.8.

Key stats

  • ZIP 60659 is around the 65th percentile of tracked local ZIPs for home value.
  • ZIP 60659 is around the 60th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 16.8.
  • 85 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
Typical home value
$367,756
Typical rent
$1,825
Homes for sale
50
Buyer competition
63
New listings
20
Homes going pending
17
Listings with price cuts
28.3%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 8.1% over 12 months
Typical home value up 8.1% over the last 12 months in ZIP 60659.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 6.2% over 12 months
Typical rent up 6.2% over the last 12 months in ZIP 60659.
Homes for sale — past 12 months
Sep 25 – Aug 26
Up 4.2% over 12 months
Homes for sale up 4.2% over the last 12 months in ZIP 60659.
New listings — past 12 months
Sep 25 – Aug 26
Up 11.1% over 12 months
New listings up 11.1% over the last 12 months in ZIP 60659.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 13.3% over 12 months
Homes going pending up 13.3% over the last 12 months in ZIP 60659.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Down 13.7% over 12 months
Buyer competition index down 13.7% over the last 12 months in ZIP 60659.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 11.1% over 12 months
Listings with price cuts down 11.1% over the last 12 months in ZIP 60659.

Price and rent in ZIP 60659

ZIP 60659 is around the 65th percentile of tracked local ZIPs for home value. ZIP 60659 is around the 40th percentile of tracked local ZIPs for rent.

ZIP 60659 home value & rent trend (past 12 months)

Typical home value rose 8.1% over the past 12 months, from $340,242 to $367,756. It rose in 11 of 11 monthly readings. The largest monthly gain was +1.2% in December 2025.

Typical rent rose 6.2% over the past 12 months, from $1,719 to $1,825. It rose in 7 of 11 monthly readings. The largest monthly gain was +3.4% in March 2026.

How ZIP 60659 compares to Chicago

ZIP 60659's typical home value is 9.6% above the Chicago median of $335,515. ZIP 60659's typical rent is 2.0% below the Chicago median of $1,862. ZIP 60659's buyer competition is 1.6% above the Chicago median of 62.

Supply, pending activity, and competition

ZIP 60659 is around the 24th percentile of tracked local ZIPs for for-sale inventory. ZIP 60659 is around the 60th percentile of tracked local ZIPs for buyer competition. 85 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 34 and 50 — a 16-point spread across 55 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 60625, 60645, 60630, 60660.

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 60659, in the other tracked markets.