Lotvox market story

ZIP 60606

Cook County, IL

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

Typical home value
$331,804
12-month change
+4.4%
Payment share of income
15.8%

This week since 2026-10-08: Payment share of income 15.8% (was 15.7%) · Monthly P&I $1,838 (was $1,816)

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Who's going to sell in 60606 this year?

Lotvox Turnover Index

Ranking every home in 60606 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 60606 yet.

Where

60606 in Cook County, IL

60606 · $331,80460661 · $345,98760602 · $299,45260654 · $384,20160604 · $327,22560603 · $343,96760601 · $398,46660607 · $438,59060610 · $395,25560605 · $341,08760611 · $361,71860642 · $579,01760616 · $335,83360614 · $676,44860608 · $363,23260622 · $656,72060612 · $375,93660657 · $542,58060609 · $259,82360647 · $584,11560653 · $329,34060613 · $358,15460624 · $228,92660623 · $226,24760615 · $251,98460640 · $371,77460618 · $582,20360632 · $288,05160637 · $243,68660625 · $421,42560660 · $304,26660621 · $130,12360651 · $288,33760636 · $142,78160639 · $335,19760641 · $420,58260644 · $225,73160659 · $367,75660626 · $267,75060646 · $564,169 60606
$130K$676K typical home value
Source: Census TIGER/Line · Zillow (ZHVI)Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research

60606 is one of 167 ZIP codes that lie mostly in Cook County, IL.

Shaded by typical home value, it ranks 25 of the 40 nearby ZIPs shown.

Value rank among nearby ZIPs
25 of 40

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

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What it costs

Home values

What homes are worth in 60606

$0$200K$400K$600K200020052010201520202025Peak July 2017 · $403,802Latest · $331,804
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 60606 was worth $249,763.

Values peaked at $403,802 in July 2017. The latest reading is −17.8% from that peak.

As of August 2026: $331,804, +4.4% over twelve months.

Typical home value
$331,804
12-month change
+4.4%

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

Housing pulse

Monthly cost vs. price

Typical home
$331,804
Loan at 20% down
$265,443
30-year fixed rate
7.40%
Monthly principal + interest
$1,838
Median household income, per month
$11,596
Share of income
15.8%
0%30%60%
At today's rate, by home value, 2000–2026: 11.9% → 15.8%
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: $331,804. Put 20% down and borrow $265,443 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $1,838 a month in principal and interest.

The median household here earns $139,148 a year, $11,596 a month. So the payment takes 15.8% 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 11.9% in 2000.

Payment share of income
15.8%
Monthly P&I
$1,838

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$1K$2K$3K2000200520102015202020252.68% rate · $1,0866.67% rate · $1,707
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 $1,495.

In December 2020, with rates at 2.68%, it was $1,086.

By August 2026, at 6.67%, it was $1,707 — +57% since December 2020, while the home's value moved −1%.

Payment change since 2020
+57%

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$200K$400K$600K$800K200020052010201520202025
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 +33% 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 $492,933. So the real change is −33%, not +33%.

Real change since 2000
−33%

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

60606 against its neighbors

50100150200250200020052010201520202025
60606 (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

60606: +33% since January 2000.

Cook County: +124% since January 2000.

Illinois: +128% since January 2000 — 60606 ran behind it by 95 points.

Change since 2000
+33%

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

Lotvox lens

60606 among Illinois ZIPs

Affordability — price vs local income
58th pct
Appreciation — recent value growth
39th pct
Rental yield — rent vs price
90th 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, 60606 sits at the 58th percentile for affordability (price vs local income).

39th for appreciation (recent value growth); 90th for rental yield (rent vs price).

Affordability percentile
58th

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
$2,170
principal + interest $1,838 · taxes & insurance est. $332
Rent: typical rent (ZORI)
$2,755
Price-to-rent ratio
10.0
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 $2,170 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,755 a month.

Price divided by a year's rent: 10.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
10.0

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

05101520252026
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 9 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 7 — so sales ran at 129% of it, and below it in 14 of the last 24 months.

Sales vs 2015–19 level
129%

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: 18 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

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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 60606 with 60653The 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/60606