The story of this market
The typical home in ZIP 60616 sells for about $377,000, or $311 per square foot.
Prices are up +4% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,342 a month.
ZIP 60616 — Chicago
The 60616 housing market is currently experiencing moderate activity with a median sale price of $377,000. Prices have seen a 4.0% year-over-year increase, while sales volume has declined compared to the previous year. The market is characterized as somewhat competitive with homes spending an average of 87 days on the market.
Median prices moved up 4.0% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.3% · poverty 18.0% — a mixed stability profile.
Built from 445 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 60616, Illinois
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
- Navy Pier4.63.6 mi
- Museum of Illusions Chicago4.63 mi
- Dave & Buster's Rosemont4.316.2 mi
- Sloomoo Institute - Chicago4.54.1 mi
- Color Factory Chicago4.72.9 mi
- Navy Pier4.63.6 mi
- Wrigley Field4.87.8 mi
- United Center4.74.2 mi
- Soldier Field4.51.5 mi
- McCormick Place4.50.9 mi
- Navy Pier4.63.6 mi
- Wrigley Field4.87.8 mi
- Millennium Park4.83 mi
- Shedd Aquarium4.51.9 mi
- Willis Tower4.52.9 mi
- Navy Pier4.63.6 mi
- Shedd Aquarium4.51.9 mi
- The Art Institute of Chicago4.82.7 mi
- Field Museum4.71.8 mi
- Griffin Museum of Science and Industry4.73.8 mi
- Millennium Park4.83 mi
- Garfield Park Conservatory4.86.2 mi
- Maggie Daley Park4.72.9 mi
- Grant Park4.72.3 mi
- Lincoln Park Conservatory4.85.9 mi
- First Lady4.83.4 mi
- DuSable Harbor4.63.1 mi
- Belmont Harbor4.77.3 mi
- Rockwell on the River4.77.8 mi
- Chicago Yacht Club4.72.8 mi
- Harborside International Golf Center4.110.2 mi
- Puttery4.73.6 mi
- Douglass (Anna & Frederick) Park4.44.7 mi
- Sydney R. Marovitz Golf Course3.87.9 mi
- Robert A. Black Golf Club4.311.9 mi
- Water Tower Place4.54 mi
- Christkindlmarket Chicago4.23.1 mi
- Eataly4.33.6 mi
- Nordstrom4.43.6 mi
- Primark3.93 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.