Lotvox market story

ZIP 60607

Cook County, IL

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

Typical home value
$438,590
12-month change
+4.1%
Months of supply
2.6

This week since 2026-10-08: Months of supply 2.6 (was 2.5) · Payment share of income 23.1% (was 22.8%)

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Who's going to sell in 60607 this year?

Lotvox Turnover Index

Ranking every home in 60607 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 60607 yet.

Where

60607 in Cook County, IL

60607 · $438,59060661 · $345,98760606 · $331,80460654 · $384,20160604 · $327,22560602 · $299,45260603 · $343,96760601 · $398,46660616 · $335,83360642 · $579,01760605 · $341,08760610 · $395,25560608 · $363,23260612 · $375,93660611 · $361,71860622 · $656,72060614 · $676,44860609 · $259,82360657 · $542,58060623 · $226,24760647 · $584,11560624 · $228,92660653 · $329,34060632 · $288,05160613 · $358,15460615 · $251,98460618 · $582,20360640 · $371,77460651 · $288,33760637 · $243,68660621 · $130,12360636 · $142,78160644 · $225,73160639 · $335,19760625 · $421,42560641 · $420,58260660 · $304,26660804 · $279,70460659 · $367,75660629 · $273,184 60607
$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

60607 is one of 167 ZIP codes that lie mostly in Cook County, IL.

Shaded by typical home value, it ranks 7 of the 40 nearby ZIPs shown.

Value rank among nearby ZIPs
7 of 40

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

Local life

Schools in 60607

5 school locations in 60607: 4 middle, 1 high.

In alphabetical order: Chicago World Language Academy, Galileo Elem Math & Sci Schol Acd, Skinner Elem School, STEM Magnet Academy Elem, and more on the ZIP page. Locations only — no ratings are shown here.

School locations
5

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 60607

$0$200K$400K$600K200020052010201520202025Peak May 2018 · $526,330Latest · $438,590
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 60607 was worth $265,542.

Values peaked at $526,330 in May 2018. The latest reading is −16.7% from that peak.

As of August 2026: $438,590, +4.1% over twelve months.

Typical home value
$438,590
12-month change
+4.1%

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

Housing pulse

Monthly cost vs. price

Typical home
$438,590
Loan at 20% down
$350,872
30-year fixed rate
7.40%
Monthly principal + interest
$2,429
Median household income, per month
$10,526
Share of income
23.1%
0%30%60%
At today's rate, by home value, 2000–2026: 14.0% → 23.1%
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: $438,590. Put 20% down and borrow $350,872 at 7.40%, the 30-year fixed average as of October 8, 2026.

That is $2,429 a month in principal and interest.

The median household here earns $126,307 a year, $10,526 a month. So the payment takes 23.1% 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 14.0% in 2000.

Payment share of income
23.1%
Monthly P&I
$2,429

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 · $1,5396.67% rate · $2,256
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 $1,590.

In December 2020, with rates at 2.68%, it was $1,539.

By August 2026, at 6.67%, it was $2,256 — +47% since December 2020, while the home's value moved −8%.

Payment change since 2020
+47%

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 +65% 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 $524,075. So the real change is −16%, not +65%.

Real change since 2000
−16%

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

60607 against its neighbors

50100150200250200020052010201520202025
60607 (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

60607: +65% since January 2000.

Cook County: +124% since January 2000.

Illinois: +128% since January 2000 — 60607 ran behind it by 63 points.

Change since 2000
+65%

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

Lotvox lens

60607 among Illinois ZIPs

Affordability — price vs local income
21st pct
Appreciation — recent value growth
41st pct
Rental yield — rent vs price
79th 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, 60607 sits at the 21st percentile for affordability (price vs local income).

41st for appreciation (recent value growth); 79th for rental yield (rent vs price).

Affordability percentile
21st

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
$2,868
principal + interest $2,429 · taxes & insurance est. $439
Rent: typical rent (ZORI)
$2,984
Price-to-rent ratio
12.2
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 $2,868 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $2,984 a month.

Price divided by a year's rent: 12.2. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.

Price-to-rent
12.2

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

Listings Flow Ladder

per month / homes for sale2024-092026-08balanced 4–6 mo2.6 mo2.6 months of supplyNet +12 / month · inventory growing
New listings / monthHomes for saleClosed sales / monthBasin water level = months of supply
Source: Redfin · Lotvox · as of 2026-08-31Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Picture the Listings Flow Ladder as a basin: new listings pour in from the faucet, the homes for sale are the water, and closed sales run out the drain. Coming in — new listings: about 70 a month (Redfin, 3-month rolling data through August 2026). That is 80% of the 2015–2019 level for the same months.

On the shelf — homes for sale at the end of the period: 148. That is 69% of the 2015–2019 level for the same months.

Going out — closed sales: about 58 a month. That is 74% of the 2015–2019 level for the same months.

The ladder: homes for sale ÷ monthly sales = 2.6 months of supply — below the 4–6 month range Lotvox treats as balanced. In the basin, that is the water level against the shaded balanced band.

The net reading: about 12 more homes came on than sold each month, so inventory is growing. The basin is filling.

Months of supply
2.6

Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08-31

Housing pulse

Sales pace vs. normal

025507510020252026
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 58 a month in August 2026 (Redfin).

The 2015–2019 level for the same month was 60 — so sales ran at 97% of it, and below it in 18 of the last 24 months.

Sales vs 2015–19 level
97%

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: 148 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
5,529
Average assessor market value
$740,000
Typical home value (ZHVI)
$438,590
Assessor vs market
+68.7%
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 5,529 properties with a market value here. Their average assessed market value is $740,000; the typical home value is $438,590.

The assessor average sits +68.7% from the market figure — an average against a typical value, so treat it as a check, not a verdict.

Properties on the roll
5,529

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 60607 with 60625The 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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