Chicago 60651

Cook County, IL · 40,453 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

46affordability /100

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

Payment burden
32.5%
stretched
Days on market
57
daily
Price cuts
16.3%
of active
Valuation
-8.4%
vs assessor
Look up an address
69
/100
Stable
warming · balanced · prices rising year-over-year.
Price trend
82
Affordability
65
Valuation
70
Economic health
46

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

42/ 100SellerBalancedBuyer
Balanced Market
Needs 7.7% correction for affordability
DOM: 74d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)25
Cancellation Rate (10%)0
Days on Market (5%)75

Balanced market in 60651. List price is roughly fair — focus on condition and value. Payment burden: 32.5% of median income. Median days on market: 74. Renting is approximately 14% cheaper than buying (price-to-rent ratio: 13.7).

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

Market is warming with rising prices. Conditions are balanced between buyers and sellers. Prices up 4.5% YoY.

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Market snapshoteach number, once

Median price
$283,958
▴ 4.5% YoY
Days on market
57
daily · zip_data
Median rent
$1,728
ZORI
Investor score
85/100
cash-flow lens
Active listings
75
90-day

Valuation3 lenses, different anchors

vs assessor
-8.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$260,000
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$159
Price-to-income5.4×

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How 60651 ranks in IL
percentile vs all Illinois ZIPs · n=1303
Market velocity39%
Supply tightness30%
Affordability2%
Investment yield68%
Appreciation37%

Affordability, supply & momentum

26SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply15.3 mo
Days on Market57d
Inv vs History-21.9%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$1,434
Payment burden32.5%
Median income · ZIP$52,963
Mortgage rate6.49% · 30yr
Total monthly own$1,718
Monthly rent$1,728
Market dynamics
Price cut %16.3%
Momentumwarming
LeverageBALANCED
Months of supply15.3
Sales (90d)0
Investment analysis
Median rent$1,728
Price-to-rent13.7
Est. cap rate4.7%
Buy vs rentfavors buying

Livability

Walk score10
Transit score54
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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