Chicago 60622

Cook County, IL · 31,815 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

49affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
31.2%
stretched
Days on market
37
daily
Price cuts
11.9%
of active
Valuation
+47.9%
vs assessor
Look up an address
60
/100
Stable
hot · balanced · prices rising year-over-year.
Price trend
75
Affordability
65
Valuation
35
Economic health
49

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

46/ 100SellerBalancedBuyer
Balanced Market
DOM: 53d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)75
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 60622. List price is roughly fair — focus on condition and value. Payment burden: 31.2% of median income. Median days on market: 53. Renting is approximately 75% cheaper than buying (price-to-rent ratio: 21.0).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
HOTBALANCED

Market is running hot with fast-moving inventory. Conditions are balanced between buyers and sellers. Prices up 6.9% YoY.

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Market snapshoteach number, once

Median price
$642,377
▴ 6.9% YoY
Days on market
37
daily · zip_data
Median rent
$2,545
ZORI
Investor score
62/100
cash-flow lens
Active listings
157
90-day

Valuation3 lenses, different anchors

vs assessor
+47.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$950,000
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$350
Price-to-income5.2×

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How 60622 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity71%
Supply tightness53%
Affordability2%
Investment yield22%
Appreciation62%

Affordability, supply & momentum

35SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply10.8 mo
Days on Market37d
Inv vs History-6.3%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$3,245
Payment burden31.2%
Median income · ZIP$124,852
Mortgage rate6.49% · 30yr
Total monthly own$3,887
Monthly rent$2,545
Market dynamics
Price cut %11.9%
Momentumhot
LeverageBALANCED
Months of supply10.8
Sales (90d)0
Investment analysis
Median rent$2,545
Price-to-rent21.0
Est. cap rate3.1%
Buy vs rentfavors renting

Livability

Walk score13
Transit score56
Bike score

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Cook County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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