The story of this market
The typical home in ZIP 60649 sells for about $173,950, or $77 per square foot.
Prices are down 13.5% from a year ago, which gives buyers more room to negotiate. Homes take about 119 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,107 a month.
ZIP 60649 — Chicago
The 60649 housing market is currently experiencing a downturn with median prices falling 13.5% year-over-year to $174,000. Market activity is slow, with homes taking significantly longer to sell compared to the previous year. Many specific metrics such as rent, tax rates, and detailed demographic breakdowns were not available at the ZIP level.
Median prices moved down 13.5% year over year.
Homes spend a median of 119 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 14.7% · poverty 27.5% — elevated distress and economic pressure.
Built from 519 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.
ZCTA 60649
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
not determinable
- Navy Pier4.69.4 mi
- Museum of Illusions Chicago4.69.1 mi
- Sloomoo Institute - Chicago4.510.2 mi
- Color Factory Chicago4.79 mi
- Round1 Bowling & Arcade - North Riverside4.114.1 mi
- Navy Pier4.69.4 mi
- Wrigley Field4.813.9 mi
- United Center4.710.1 mi
- Soldier Field4.57.6 mi
- McCormick Place4.56.9 mi
- Navy Pier4.69.4 mi
- Millennium Park4.89 mi
- Shedd Aquarium4.57.9 mi
- Willis Tower4.59 mi
- Lincoln Park Zoo4.611.7 mi
- Navy Pier4.69.4 mi
- Shedd Aquarium4.57.9 mi
- The Art Institute of Chicago4.88.8 mi
- Field Museum4.77.8 mi
- Griffin Museum of Science and Industry4.72.3 mi
- Millennium Park4.89 mi
- Garfield Park Conservatory4.811.8 mi
- Maggie Daley Park4.78.9 mi
- Grant Park4.78.4 mi
- Lincoln Park Conservatory4.811.9 mi
- Burnham Harbor4.77.4 mi
- Hammond Marina4.45.2 mi
- 31st Street Harbor4.65.8 mi
- Crowley's Yacht Yard LLC4.42.8 mi
- Jackson Park Yacht Club4.61.3 mi
- Harborside International Golf Center4.14.7 mi
- Puttery4.79.7 mi
- Douglass (Anna & Frederick) Park4.49.9 mi
- Lost Marsh Golf Course4.17.4 mi
- Jackson Park Golf Course4.21.6 mi
- Water Tower Place4.510 mi
- Christkindlmarket Chicago4.29.2 mi
- Eataly4.39.7 mi
- Nordstrom4.49.6 mi
- Primark3.99.1 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.