The story of this market
The typical home in ZIP 60623 sells for about $320,000, or $167 per square foot.
Prices are up +6.6% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,109 a month.
ZIP 60623 — Chicago
The 60623 housing market is currently experiencing moderate activity with a median sale price of $320,000, reflecting a 6.6% year-over-year increase. While inventory remains available, the market is characterized by a somewhat competitive pace with homes selling in approximately 68 days.
This area is primarily suited for budget-conscious buyers and families looking for entry-level housing options within the Chicago metropolitan area.
Median prices moved up 6.6% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced 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 9.2% · poverty 24.2% — a mixed stability profile.
Built from 558 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 60623, 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 mean travel time to work for residents is approximately 31.5 minutes.
The median rent is $1,690 per month, with market data indicating a rental inventory of 98 properties.
The local economy is part of the broader Chicago-Naperville-Elgin metro area, characterized by a diverse mix of industries.
Data sourced from Census Reporter and ACS profiles.
- Navy Pier4.67 mi
- Bengtson's Pumpkin Farm and Fall Fest4.519.6 mi
- Museum of Illusions Chicago4.65.7 mi
- Dave & Buster's Rosemont4.311.5 mi
- Sloomoo Institute - Chicago4.55.7 mi
- Navy Pier4.67 mi
- Wrigley Field4.87.9 mi
- United Center4.73.6 mi
- Soldier Field4.55.8 mi
- McCormick Place4.55.7 mi
- Navy Pier4.67 mi
- Wrigley Field4.87.9 mi
- Millennium Park4.85.9 mi
- Shedd Aquarium4.56 mi
- Willis Tower4.55.2 mi
- Navy Pier4.67 mi
- Shedd Aquarium4.56 mi
- The Art Institute of Chicago4.85.8 mi
- Field Museum4.75.8 mi
- Griffin Museum of Science and Industry4.78.4 mi
- Millennium Park4.85.9 mi
- Garfield Park Conservatory4.82.7 mi
- Maggie Daley Park4.76 mi
- Grant Park4.75.8 mi
- Lincoln Park Conservatory4.87.1 mi
- First Lady4.86 mi
- DuSable Harbor4.66.5 mi
- Rockwell on the River4.76.5 mi
- Chicago Yacht Club4.76.2 mi
- Columbia Yacht Club4.86.4 mi
- Puttery4.74.7 mi
- Harborside International Golf Center4.112.8 mi
- Douglass (Anna & Frederick) Park4.41.7 mi
- Sydney R. Marovitz Golf Course3.88.5 mi
- Indian Boundary Golf Course4.18.7 mi
- Fashion Outlets of Chicago4.411.4 mi
- Oakbrook Center4.611.6 mi
- Water Tower Place4.56.4 mi
- Christkindlmarket Chicago4.25.6 mi
- Eataly4.36 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.