Home Values

60654 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

$242,900

  • 1.1% 1-year change
  • 1.6% 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

Very Hot

Buyers' Market
Sellers' Market

The median home value in 60654 is $242,900. 60654 home values have gone up 1.1% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in 60654 is None. The median rent price in 60654 is $2,450, which is higher than the Chicago median of $1,655.

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 60654 homeowners underwater on their mortgage is 52.4%, which is higher than Chicago at 30.7%.

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Relative ZHVI
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60654 Market Overview

Data through May 31, 2015
  • $242,900 ZHVI
  • 1.6% 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
  • $380,425 Median sale price
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60654 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 52.4% 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
60610 $252,800
60606 $230,800
60661 $222,000

Listings & Sales

  • No data
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60654 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,860 60654
    $1,563 Chicago
    $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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,450 Rent list price
  • $2.98 Rent list price / sq ft
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