Chicago 60642

Cook County, IL · 12,110 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

60affordability /100

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

Payment burden
24.2%
affordable
Days on market
37
daily
Price cuts
9.1%
of active
Valuation
+70%
vs assessor
Look up an address
74
/100
Stable
warming · balanced · prices rising year-over-year.
Price trend
90
Affordability
95
Valuation
20
Economic health
60

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

31/ 100SellerBalancedBuyer
Seller's Market
DOM: 71d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)0
Valuation Gap (25%)10
Supply & Demand (20%)85
Buy vs Rent (15%)50
Cancellation Rate (10%)0
Days on Market (5%)75

Seller-favored market in 60642. Expect to pay at or near list price. Payment burden: 24.3% of median income. Median days on market: 71. Renting is approximately 39% cheaper than buying (price-to-rent ratio: 16.7).

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 4.6% YoY.

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Market snapshoteach number, once

Median price
$564,739
▴ 4.6% YoY
Days on market
37
daily · zip_data
Median rent
$2,812
ZORI
Investor score
72/100
cash-flow lens
Active listings
72
90-day

Valuation3 lenses, different anchors

vs assessor
+70.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$960,000
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$314
Price-to-income4.0×

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How 60642 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity71%
Supply tightness53%
Affordability11%
Investment yield47%
Appreciation38%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply8.9 mo
Days on Market37d
Inv vs History-3.7%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,853
Payment burden24.2%
Median income · ZIP$141,179
Mortgage rate6.49% · 30yr
Total monthly own$3,417
Monthly rent$2,812
Market dynamics
Price cut %9.1%
Momentumwarming
LeverageBALANCED
Months of supply8.9
Sales (90d)0
Investment analysis
Median rent$2,812
Price-to-rent16.7
Est. cap rate3.9%
Buy vs rentneutral

Livability

Walk score30
Transit score66
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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