Chicago 60638

Cook County, IL · 60,034 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

64affordability /100

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

Payment burden
21.9%
affordable
Days on market
47
daily
Price cuts
21.6%
of active
Valuation
-16.4%
vs assessor
Look up an address
78
/100
Stable
warming · balanced · prices rising year-over-year.
Price trend
82
Affordability
95
Valuation
50
Economic health
64

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

26/ 100SellerBalancedBuyer
Seller's Market
DOM: 60d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)25
Cancellation Rate (10%)0
Days on Market (5%)60

Seller-favored market in 60638. Expect to pay at or near list price. Payment burden: 22.0% of median income. Median days on market: 60. Renting is approximately 23% cheaper than buying (price-to-rent ratio: 14.8).

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 3.8% YoY.

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Market snapshoteach number, once

Median price
$322,864
▴ 3.8% YoY
Days on market
47
daily · zip_data
Median rent
$1,813
ZORI
Investor score
78/100
cash-flow lens
Active listings
112
90-day

Valuation3 lenses, different anchors

vs assessor
-16.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$270,000
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$234
Price-to-income3.6×

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How 60638 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity52%
Supply tightness53%
Affordability18%
Investment yield59%
Appreciation30%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply9.8 mo
Days on Market47d
Inv vs History+5.9%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,631
Payment burden21.9%
Median income · ZIP$89,191
Mortgage rate6.49% · 30yr
Total monthly own$1,954
Monthly rent$1,813
Market dynamics
Price cut %21.6%
Momentumwarming
LeverageBALANCED
Months of supply9.8
Sales (90d)0
Investment analysis
Median rent$1,813
Price-to-rent14.8
Est. cap rate4.4%
Buy vs rentfavors buying

Livability

Walk score9
Transit score17
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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