Lotvox market story

ZIP 60163

Cook County, IL

What homes are worth, what they cost to carry, how fast they sell — one step at a time.

Typical home value
$309,438
12-month change
+5.0%
Payment share of income
24.7%

This week since 2026-10-08: Payment share of income 24.7% (was 24.4%) · Monthly P&I $1,714 (was $1,694)

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Who's going to sell in 60163 this year?

Lotvox Turnover Index

Ranking every home in 60163 by how likely it is to sell

Lotvox Turnover Index
Not yet live
Source: County assessor and recorder public records; Lotvox analysis (calculations on the sources above) · accuracy by ZIP · methodology

The Lotvox Turnover Index isn't offered for 60163 yet.

Where

60163 in Cook County, IL

60163 · $309,43860162 · $295,79360104 · $261,18960164 · $316,76560165 · $272,51060154 · $371,21660160 · $330,55160155 · $285,28060131 · $324,01560526 · $502,90860153 · $263,81760141 · no value published60171 · $325,90060176 · $316,37060513 · $362,23860305 · $736,11360558 · $913,43160130 · $290,97860546 · $426,88860018 · $396,05460634 · $380,56760534 · $280,27960301 · $303,31560525 · $505,07560302 · $471,88760656 · $394,88960304 · $511,91260706 · $412,49260707 · $356,23260501 · $284,39760631 · $465,34760402 · $317,00960007 · $403,50360068 · $598,33060644 · $225,73160804 · $279,70460480 · $396,17260005 · $459,64860458 · $301,94360651 · $288,337 60163
$226K$913K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

60163 is one of 167 ZIP codes that lie mostly in Cook County, IL.

Shaded by typical home value, it ranks 26 of the 39 nearby ZIPs shown.

Value rank among nearby ZIPs
26 of 39

Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

Local life

Schools in 60163

2 school locations in 60163: 1 elementary, 1 middle.

In alphabetical order: MacArthur Middle School, Sunnyside Intermediate School. Locations only — no ratings are shown here.

School locations
2

Source: U.S. Department of Education, National Center for Education Statistics (school locations)

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What it costs

Home values

What homes are worth in 60163

$0$100K$200K$300K$400K200020052010201520202025Peak August 2026 · $309,438Latest · $309,438
Typical home value
Source: Zillow (ZHVI) · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

In January 2000 the typical home in 60163 was worth $128,416.

Values peaked at $309,438 in August 2026. The latest reading is the peak.

As of August 2026: $309,438, +5.0% over twelve months.

Typical home value
$309,438
12-month change
+5.0%

Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31

Housing pulse

Monthly cost vs. price

Typical home
$309,438
Loan at 20% down
$247,550
30-year fixed rate
7.40%
Monthly principal + interest
$1,714
Median household income, per month
$6,931
Share of income
24.7%
0%30%60%
At today's rate, by home value, 2000–2026: 10.3% → 24.7%
Source: Zillow (ZHVI) · Freddie Mac via FRED · Census ACS · Lotvox · as of 2026-08-31Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Start with the typical home: $309,438. Put 20% down and borrow $247,550 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,714 a month in principal and interest.

The median household here earns $83,176 a year, $6,931 a month. So the payment takes 24.7% of income — rated “affordable” (Lotvox ZIP bands: under 28% affordable · 28–36% stretched · 36%+ severe).

The line holds today's rate fixed and moves only the price: at that rate, the same share was 10.3% in 2000.

Payment share of income
24.7%
Monthly P&I
$1,714

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Lotvox lens

The payment, at each month's rate

$0$500$1K$2K$2K2000200520102015202020252.68% rate · $6906.67% rate · $1,592
Monthly P&I at that month's 30-year rate
Source: Zillow (ZHVI) · Freddie Mac via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Take the typical home's price each month, borrow 80% at that month's actual 30-year average rate: in January 2000 (8.21%) the payment was $769.

In December 2020, with rates at 2.68%, it was $690.

By August 2026, at 6.67%, it was $1,592 — +131% since December 2020, while the home's value moved +45%.

Payment change since 2020
+131%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

Home value after inflation

$0$100K$200K$300K$400K200020052010201520202025
Home value (as reported)Prices in general (CPI-U), scaled to January 2000Home value in August 2026 dollars
Source: Zillow (ZHVI) · BLS CPI via FRED · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Reported values rose +141% since January 2000.

General prices (CPI-U) rose +97% over the same span.

Divide one by the other: in August 2026 dollars, the 2000 home was worth $253,442. So the real change is +22%, not +141%.

Real change since 2000
+22%

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Bureau of Labor Statistics, Consumer Price Index (CPI-U), via FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Deflated with CPI-U (seasonally adjusted, FRED CPIAUCSL) to August 2026; the site's Housing pulse chart uses its own CPI series, so older months can differ slightly.

Home values

60163 against its neighbors

50100150200250300200020052010201520202025
60163 (2000 = 100)Cook County (2000 = 100)Illinois (2000 = 100)
Source: Zillow (ZHVI) · Lotvox · as of 2026-08Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

60163: +141% since January 2000.

Cook County: +124% since January 2000.

Illinois: +128% since January 2000 — 60163 ran ahead of it by 13 points.

Change since 2000
+141%

Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08

Lotvox lens

60163 among Illinois ZIPs

Affordability — price vs local income
17th pct
Appreciation — recent value growth
43rd pct
Rental yield — rent vs price
9th pct
Source: Zillow (ZHVI) · Census ACS · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Against 1,303 Illinois ZIP codes, 60163 sits at the 17th percentile for affordability (price vs local income).

43rd for appreciation (recent value growth); 9th for rental yield (rent vs price).

Affordability percentile
17th

Source: Zillow Home Value Index (ZHVI), Zillow Research; U.S. Census Bureau, American Community Survey 5-year estimates; Lotvox analysis (calculations on the sources above)

Lotvox lens

Rent or own

Own: payment + 1.2%/yr taxes & insurance
$2,023
principal + interest $1,714 · taxes & insurance est. $309
Rent: typical rent (ZORI)
$979
Price-to-rent ratio
26.3
Source: Zillow (ZHVI) · Zillow (ZORI) · Freddie Mac via FRED · LotvoxSource: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

Owning the typical home costs about $2,023 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $979 a month.

Price divided by a year's rent: 26.3. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
26.3

Source: Zillow Home Value Index (ZHVI), Zillow Research; Zillow Observed Rent Index (ZORI), Zillow Research; Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US), retrieved from FRED®, Federal Reserve Bank of St. Louis; Lotvox analysis (calculations on the sources above)

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What's moving

Housing pulse

Sales pace vs. normal

03581020252026
Homes sold per monthSame months, 2015–2019
Source: Redfin · Lotvox · as of 2026-08Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

Homes sold: about 4 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 7 — so sales ran at 57% of it, and below it in 22 of the last 24 months.

Sales vs 2015–19 level
57%

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08

New supply

Homes being permitted

02,5005,0007,50010,00020228,32520234,85420246,50720254,969
1-unit buildings2–4 units5+ units
Source: Census permits · as of 2025Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

Across Cook County, builders pulled permits for 4,969 new homes in 2025.

Of those, 24% were in 1-unit buildings (the Census Bureau's category for detached and attached single homes).

Units permitted 2025
4,969

Source: U.S. Census Bureau, Building Permits Survey · data as of 2025

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Who's holding, who's leaving

Housing pulse

Migration and inventory

Moved in (top-10 origin counties)
29,367
Moved out (top-10 destination counties)
41,339
Net households
−11,972
Top origins
DuPage, IL8,374
Lake, IL4,959
Will, IL4,824
Top destinations
DuPage, IL11,143
Will, IL6,972
Lake, IL6,447
Homes for sale, 2012–2026
Source: IRS SOI · Redfin · as of 2026-06-01Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

This ZIP sits in Cook County. IRS tax returns for 2022-2023: among the ten counties sending the most households, 29,367 moved in. Among the ten receiving the most, 41,339 moved out.

Net across those counties: −11,972 households. Beside it, homes for sale in this ZIP: 10 in June 2026.

Most arrivals came from DuPage, IL (8,374 households); most departures went to DuPage, IL (11,143).

Net households (top-10 flows)
−11,972

Source: IRS Statistics of Income, county-to-county migration data; Redfin Data Center (market tracker data) · data as of 2026-06-01

County records

On the county rolls

Properties on the assessor roll
5,214
Average assessor market value
$230,010
Typical home value (ZHVI)
$309,438
Assessor vs market
−25.7%
Source: County records · Zillow (ZHVI) · LotvoxSource: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

County assessor records list 5,214 properties with a market value here. Their average assessed market value is $230,010; the typical home value is $309,438.

The assessor average sits −25.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Properties on the roll
5,214

Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)

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What to do

Own a home here?What's my home worth?Enter your address for a county-record value range. Buying?Compare 60163 with 60301The same story, side by side. An agent?See where the index is livethe farm territory and this page's sponsor spot.

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Link: https://lotvox.com/story/chicago/zip/60163