Home Values

60102 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$219,700

  • 2.4% 1-year change
  • 2.2% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in 60102 is $219,700. 60102 home values have gone up 2.4% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in 60102 is None. The median rent price in 60102 is $1,550, which is the same as the Algonquin median of $1,550.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 60102 homeowners underwater on their mortgage is 23.3%, which is higher than Algonquin at 20.4%.

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Relative ZHVI
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60102 Market Overview

Data through May 31, 2015
  • $219,700 ZHVI
  • 2.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $220,250 Median sale price
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60102 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 23.3% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
60012 $270,600
60118 $225,200
60136 $221,600
Name Median ZHVI
60013 $194,500
60021 $189,100
60156 $173,400
Name Median ZHVI
60014 $171,400
60123 $134,400
60110 $119,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $112 Median sale price / sq ft
  • No data Listings with price cut
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60102 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,817 60102
    $1,812 Algonquin
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,550 Rent list price
  • $1.02 Rent list price / sq ft
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