60416 Housing Market

$276,867

3.4% 1-yr

The average 60416 home value is $276,867, up 3.4% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

60416 Key Takeaways

Typical Home Values: $276,867

1-year Value Change: +3.4%

(Data through January 31, 2026)

60416 Housing Market Overview

1.2%1-year Market Forecast(January 31, 2026)

15For sale inventory(January 31, 2026)

4New listings(January 31, 2026)

--Median sale to list ratio

--Median sale price(December 31, 2025)

--Median list price(January 31, 2026)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Zip Codes

NameMedian ZHVI
60408$270,910
60407$216,224
60444$263,682
60481$260,686
60474$183,380
60410$367,906
60424$231,473
60450$299,892
60935$278,757

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60416 Homes for Sale

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60416 Rental Market Trends

--Average rent in 60416

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.