The story of this market
The typical home in ZIP 60617 sells for about $180,000, or $147 per square foot.
Prices are down 24.69% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,046 a month.
ZIP 60617 — Chicago
The 60617 housing market is currently experiencing significant downward pressure on sale prices, with a 24.69% year-over-year decline in median sold prices. While listing prices remain higher, the market is characterized by economic stress and a lack of upward momentum in home values.
The area is primarily suited for budget-conscious buyers and investors looking for entry-level housing in an established Chicago neighborhood.
Median prices moved down 24.7% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 12.9% · poverty 24.4% — elevated distress and economic pressure.
Built from 1,045 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 60617, Cook County IL
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The rental market in 60617 shows stable pricing with a median rent of $1,500, reflecting a 0% change over the past year.
The local economy is influenced by the broader Chicago-Naperville-Elgin metropolitan area, with significant economic stress indicated by higher-than-average poverty and SNAP benefit usage.
Data sourced from Census Reporter and Data Commons.
- Navy Pier4.611.9 mi
- Museum of Illusions Chicago4.611.6 mi
- Sloomoo Institute - Chicago4.512.8 mi
- Color Factory Chicago4.711.6 mi
- Dave & Buster's Orland Park417.2 mi
- Navy Pier4.611.9 mi
- Wrigley Field4.816.4 mi
- United Center4.712.5 mi
- Soldier Field4.510.1 mi
- McCormick Place4.59.5 mi
- Navy Pier4.611.9 mi
- Millennium Park4.811.5 mi
- Shedd Aquarium4.510.4 mi
- Willis Tower4.511.5 mi
- The Art Institute of Chicago4.811.3 mi
- Navy Pier4.611.9 mi
- Shedd Aquarium4.510.4 mi
- The Art Institute of Chicago4.811.3 mi
- Field Museum4.710.4 mi
- Griffin Museum of Science and Industry4.74.9 mi
- Millennium Park4.811.5 mi
- Maggie Daley Park4.711.5 mi
- Grant Park4.710.9 mi
- Jackson Park Cherry Blossoms4.64.8 mi
- Burnham Park Promontory Point4.85.1 mi
- Hammond Marina4.42.8 mi
- Crowley's Yacht Yard LLC4.40.5 mi
- East Chicago Marina4.47.5 mi
- Pier 11 Marina4.66 mi
- Jackson Park Yacht Club4.63.8 mi
- Harborside International Golf Center4.12.9 mi
- Puttery4.712.2 mi
- Douglass (Anna & Frederick) Park4.412.3 mi
- Ravisloe Country Club4.513 mi
- Lost Marsh Golf Course4.14.8 mi
- Water Tower Place4.512.6 mi
- Christkindlmarket Chicago4.211.7 mi
- Eataly4.312.2 mi
- Nordstrom4.412.2 mi
- Chicago Ridge Mall4.212.1 mi
- Chicago O'Hare International Airport425.6 mi
- Chicago Midway International Airport411.3 mi
- Illinois Aviation Museum4.829.9 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.