Home Values

60626 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

$144,500

  • -1.6% 1-year change
  • 1.4% 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

Neutral

Buyers' Market
Sellers' Market

The median home value in 60626 is $144,500. 60626 home values have declined -1.6% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in 60626 is None. The median rent price in 60626 is $1,050, which is lower than the Chicago median of $1,610.

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 60626 homeowners underwater on their mortgage is 43.5%, which is higher than Chicago at 31.5%.

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Relative ZHVI
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60626 Market Overview

Data through Apr 30, 2015
  • $144,500 ZHVI
  • 1.4% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $175,846 Median sale price
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60626 Market Health

Data through Apr 30, 2015
  • 0.2/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 43.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
60201 $377,500
60203 $321,800
60625 $245,500
Name Median ZHVI
60202 $239,700
60659 $236,900
60613 $194,300
Name Median ZHVI
60640 $185,900
60645 $168,700
60660 $156,900

Listings & Sales

  • No data
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60626 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,464 60626
    $1,558 Chicago
    $1,364 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,050 Rent list price
  • $1.30 Rent list price / sq ft
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