The published metro home-value forecast for Chicago is 2.20%. Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4. The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1. 18 of 56 tracked ZIPs (32%) show the current cooling flag.
Key stats
- Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
- The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
- 18 of 56 tracked ZIPs (32%) show the current cooling flag.
- The metro income-needed indicator changed 3.25% year over year.
- Tracked ZIP markets
- 56
- Median ZIP home value
- $340,167
- Median ZIP rent
- $1,883
- housing cost spread
- Across tracked ZIPs the typical home value runs from $125,693 in 60621 to $684,050 in 60614 — a factor of 5.4.
- metro price to rent
- The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
- cooling share
- 18 of 56 tracked ZIPs (32%) show the current cooling flag.
Chicago home-value forecast
The median tracked ZIP has a home-value-to-annual-rent ratio of 15.1.
Sources and method
- HomeMarketCap.com data sources: ZIP and metro housing-market datasets
- HomeMarketCap.com methodology: calculation and missing-data rules
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