Chicago 60602
Cook County, IL · 752 properties · updated 7/5/2026
Should you buy here?buyer-timing lens
78affordability /100
Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.
Payment burden
13.1%
affordable
Days on market
131
daily
Price cuts
14.3%
of active
Valuation
+136.2%
vs assessor
49
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
10
Affordability
95
Valuation
20
Economic health
78
Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.
Buyer / sellerbuyer-timing lens
Seller's Market
DOM: 166d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)0
Days on Market (5%)100
Seller-favored market in 60602. Expect to pay at or near list price. Payment burden: 13.2% of median income. Median days on market: 166.
Buyer Caution
Seller's market. Be prepared to pay near list price.
Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
COOLINGBALANCED
Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 7.0% YoY.
Address lookup$99 report path
Look Up an Address in 60602
Just type the street — we'll auto-scope the search to ZIP 60602.
Actions
Export, share, or compare this ZIP
Market snapshoteach number, once
Median price
$266,709
▾ 7.0% YoY
Days on market
131
daily · zip_data
Median rent
$2,597
ZORI
Investor score
71/100
cash-flow lens
Active listings
19
90-day
Valuation3 lenses, different anchors
vs assessor
+136.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$630,000
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+44.5%
County-wide market — the widest, slowest signal.
Cook+44.5%
Cook+44.5%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$368
Price-to-income2.2×
How 60602 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity9%
Supply tightness0%
Affordability67%
Investment yield95%
Appreciation2%
Affordability, supply & momentum
13SUPPLY
OversuppliedSupply Tightness
Ample inventory — buyers have time and leverage to negotiate.
Months of Supply57.6 mo
Days on Market131d
Inv vs History-4.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,347
Payment burden13.1%
Median income · ZIP$123,047
Mortgage rate6.49% · 30yr
Total monthly own$1,614
Monthly rent$2,597
Market dynamics
Price cut %14.3%
Momentumcooling
LeverageBALANCED
Months of supply57.6
Sales (90d)0
Investment analysis
Median rent$2,597
Price-to-rent8.6
Est. cap rate7.6%
Buy vs rentfavors buying
Livability
Walk score74
Transit score77
Bike score—
Historical trends
Cook County contextmacro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.