Home Values

60510 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

$266,300

  • 0.8% 1-year change
  • 1.8% 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 60510 is $266,300. 60510 home values have gone up 0.8% over the past year and Zillow predicts they will rise 1.8% within the next year. The median rent price in 60510 is $1,350, which is lower than the Chicago Metro median of $1,600.

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 60510 homeowners underwater on their mortgage is 11.4%, which is lower than Chicago Metro at 23.7%.

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Relative ZHVI
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60510 Market Overview

Data through May 31, 2015
  • $266,300 ZHVI
  • 1.8% 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
  • $275,850 Median sale price
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60510 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 11.4% 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
60175 $355,500
60134 $299,600
60502 $240,400
Name Median ZHVI
60174 $227,900
60542 $204,100
60185 $194,000
Name Median ZHVI
60538 $145,700
60506 $134,400
60505 $96,500

Listings & Sales

  • No data
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60510 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,971 60510
    $1,620 Chicago Metro
    $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

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,350 Rent list price
  • No recent data Rent list price / sq ft
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