Lotvox market story · compare
ZIP 60475 vs ZIP 60617
1 of 4
Who's going to sell
Turnover Index not published for 60475 yet.
Where
60475 in Cook County, IL
60475 is one of 167 ZIP codes that lie mostly in Cook County, IL — 69% of its own area is in the county.
Shaded by typical home value, it ranks 30 of the 40 nearby ZIPs shown.
- Value rank among nearby ZIPs
- 30 of 40
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
Local life
Schools in 60475
2 school locations in 60475: 1 elementary, 1 middle.
In alphabetical order: Columbia Central School, Steger Intermediate Center. Locations only — no ratings are shown here.
- School locations
- 2
Source: U.S. Department of Education, National Center for Education Statistics (school locations)
Turnover Index not published for 60617 yet.
Where
60617 in Cook County, IL
60617 is one of 167 ZIP codes that lie mostly in Cook County, IL.
Shaded by typical home value, it ranks 29 of the 40 nearby ZIPs shown.
- Value rank among nearby ZIPs
- 29 of 40
Source: U.S. Census Bureau, TIGER/Line boundaries; Zillow Home Value Index (ZHVI), Zillow Research
Local life
Schools in 60617
27 school locations in 60617: 21 middle, 6 high.
In alphabetical order: Addams Elem School, Black Magnet Elem School, Bowen High School, Bright Elem School, and more on the ZIP page. Locations only — no ratings are shown here.
- School locations
- 27
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 60475
In January 2000 the typical home in 60475 was worth $137,393.
Values peaked at $187,415 in November 2024. The latest reading is −4.0% from that peak.
As of August 2026: $179,895, −1.8% over twelve months.
- Typical home value
- $179,895
- 12-month change
- −1.8%
Source: Zillow Home Value Index (ZHVI), Zillow Research · data as of 2026-08-31
Housing pulse
Monthly cost vs. price
Start with the typical home: $179,895. Put 20% down and borrow $143,916 at 7.40%, the 30-year fixed average as of October 8, 2026.
That is $996 a month in principal and interest.
The median household here earns $61,222 a year, $5,102 a month. So the payment takes 19.5% 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 14.9% in 2000.
- Payment share of income
- 19.5%
- Monthly P&I
- $996
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
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 $823.
In December 2020, with rates at 2.68%, it was $455.
By August 2026, at 6.67%, it was $926 — +103% since December 2020, while the home's value moved +28%.
- Payment change since 2020
- +103%
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
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 +31% 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 $271,159. So the real change is −34%, not +31%.
- Real change since 2000
- −34%
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
60475 against its neighbors
60475: +31% since January 2000.
Cook County: +124% since January 2000.
Illinois: +128% since January 2000 — 60475 ran behind it by 97 points.
- Change since 2000
- +31%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
60475 among Illinois ZIPs
Against 1,303 Illinois ZIP codes, 60475 sits at the 38th percentile for affordability (price vs local income).
7th for appreciation (recent value growth); 94th for rental yield (rent vs price).
- Affordability percentile
- 38th
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
Owning the typical home costs about $1,176 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,365 a month.
Price divided by a year's rent: 11.0. Lotvox reads under 15 as favoring buying and 20 or more as favoring renting.
- Price-to-rent
- 11.0
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)
Home values
What homes are worth in 60617
In January 2000 the typical home in 60617 was worth $66,164.
Values peaked at $178,714 in August 2026. The latest reading is the peak.
As of August 2026: $178,714, +4.1% over twelve months.
- Typical home value
- $178,714
- 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
Start with the typical home: $178,714. Put 20% down and borrow $142,971 at 7.40%, the 30-year fixed average as of October 8, 2026.
That is $990 a month in principal and interest.
The median household here earns $51,237 a year, $4,270 a month. So the payment takes 23.2% 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 8.6% in 2000.
- Payment share of income
- 23.2%
- Monthly P&I
- $990
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
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 $396.
In December 2020, with rates at 2.68%, it was $453.
By August 2026, at 6.67%, it was $919 — +103% since December 2020, while the home's value moved +28%.
- Payment change since 2020
- +103%
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
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 +170% 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 $130,581. So the real change is +37%, not +170%.
- Real change since 2000
- +37%
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
60617 against its neighbors
60617: +170% since January 2000.
Cook County: +124% since January 2000.
Illinois: +128% since January 2000 — 60617 ran ahead of it by 42 points.
- Change since 2000
- +170%
Source: Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above) · data as of 2026-08
Lotvox lens
60617 among Illinois ZIPs
Against 1,303 Illinois ZIP codes, 60617 sits at the 21st percentile for affordability (price vs local income).
32nd for appreciation (recent value growth); 89th 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
Owning the typical home costs about $1,169 a month once taxes and insurance (estimated at 1.2% of price a year) are added. Renting runs about $1,489 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)
3 of 4
What's moving
Housing pulse
Listings Flow Ladder
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 10 a month (Redfin, 3-month rolling data through August 2026).
On the shelf — homes for sale at the end of the period: 31.
Going out — closed sales: about 10 a month.
The ladder: homes for sale ÷ monthly sales = 3.1 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 0 more homes sold than came on each month, so inventory is shrinking. The basin is draining.
- Months of supply
- 3.1
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
Homes sold: about 10 a month in August 2026 (Redfin).
The 2015–2019 level for the same month was 11 — so sales ran at 91% of it, and below it in 17 of the last 24 months.
- Sales vs 2015–19 level
- 91%
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08
New supply
Homes being permitted
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
Housing pulse
Listings Flow Ladder
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 62 a month (Redfin, 3-month rolling data through August 2026). That is 75% of the 2015–2019 level for the same months.
On the shelf — homes for sale at the end of the period: 183. That is 62% of the 2015–2019 level for the same months.
Going out — closed sales: about 52 a month. That is 96% of the 2015–2019 level for the same months.
The ladder: homes for sale ÷ monthly sales = 3.5 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 10 more homes came on than sold each month, so inventory is growing. The basin is filling.
- Months of supply
- 3.5
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
Homes sold: about 52 a month in August 2026 (Redfin).
The 2015–2019 level for the same month was 55 — so sales ran at 95% of it, and below it in 14 of the last 24 months.
- Sales vs 2015–19 level
- 95%
Source: Redfin Data Center (market tracker data); Lotvox analysis (calculations on the sources above) · data as of 2026-08
New supply
Homes being permitted
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
4 of 4
Who's holding, who's leaving
Housing pulse
Migration and inventory
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: 31 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
County assessor records list 5,364 properties with a market value here. Their average assessed market value is $92,120; the typical home value is $179,895.
The assessor average sits −48.8% from the market figure — an average against a typical value, so treat it as a check, not a verdict.
- Properties on the roll
- 5,364
Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)
Housing pulse
Migration and inventory
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: 183 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
County assessor records list 65,577 properties with a market value here. Their average assessed market value is $128,000; the typical home value is $178,714.
The assessor average sits −28.4% from the market figure — an average against a typical value, so treat it as a check, not a verdict.
- Properties on the roll
- 65,577
Source: County assessor and recorder public records; Zillow Home Value Index (ZHVI), Zillow Research; Lotvox analysis (calculations on the sources above)