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Area data

Chicago, IL — ZIP 60623

Population: 81,277 (Census ACS)

Home values & appreciation

Median home value
$222,699
1-year appreciation
+1.3%
3-year appreciation
+12.9%
5-year appreciation
+16.7%
10-year appreciation
+117.0%
All-time peak (2026-07)
$222,699
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$305,000
Median list price
$397,450
Median days on market
68 days
Sale-to-list ratio
97.3%
Active listings
83
1-year forecast
+1.8%
New listings (monthly)
9

Rents

Typical rent
$1,550/mo
1-year rent change
+6.2%
1BR fair-market rent
$1,170/mo
3BR fair-market rent
$1,700/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
34
Elementary schools
22
Middle schools
2
High schools
10
Charter schools
5

Natural hazards & flood risk

Overall hazard risk
Very High
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
44.6 in
Annual snowfall
40.8 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
57
Days with Good air quality
104
Days with Unhealthy air quality
5

Walkability & transit

Walkability index
13.3 / 20
Transit service frequency
225

Amenities

National parks within ~60 mi
2
Nearest national park
Pullman National Historical Park (12 mi)
Nearest airport
Chicago Midway International Airport (MDW) (5 mi)
Nearest major airport
Chicago Midway International Airport (MDW) (5 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
1.0 / 5
EV charging stations (within 10 mi)
330
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-29,533 tax filers

Housing stock

Median year housing built
1,938
Median annual property tax
$3,041
Mean commute to work
29 min
Households with broadband internet
58.2%

Employment & development

Total county employment
2,269,519
Average weekly wage
$1,625
Top industries (by employment)
Health Care, Professional Services, Accommodation & Food
Annual residential building permits (county)
987

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents