The story of this market
The typical home in ZIP 60643 sells for about $426,255, or $145 per square foot.
Prices are up +9.3% from a year ago, so sellers still have some momentum. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,440 a month.
This ZIP has no home sales of its own, so its market figures come from Chicago, Illinois (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 60643 — Chicago
The 60643 housing market is showing signs of resilience with a 12.3% year-over-year price increase, driven by steady demand for single-family homes. While inventory remains constrained, the market is moving at a moderate pace with a median of 58 days on market. Investors and families continue to find value in the area's historic housing stock, though rental cost burdens remain a factor for some residents.
This ZIP is well-suited for families and long-term residents seeking established neighborhoods with historic character and transit access to downtown Chicago.
Median prices moved up 9.3% year over year.
Homes spend a median of 49 days on market with 3.0 months of supply — a fast-moving market.
15% 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 6.8% · poverty 11.2% — a stable, low-distress profile.
Built from 790 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.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 60643, Cook County IL
Crime trends in the 60643 area are monitored by local authorities, with reported activity levels generally consistent with broader South Side Chicago regional patterns.
The area is served by Chicago Public Schools, with a mix of neighborhood schools and selective enrollment options; performance ratings vary significantly by specific school site.
The area faces standard urban environmental risks, including potential for localized basement flooding during heavy precipitation events common to the Chicago region.
Economic momentum is driven by proximity to major Chicago employment hubs and local institutional anchors, with ongoing interest in residential revitalization projects.
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.
Residents benefit from access to the Metra Rock Island District line, providing direct transit to Chicago's Loop, alongside major arterial road access.
The ZIP features significant green space, including the Dan Ryan Woods and various neighborhood parks, with local shopping districts along Western and 103rd Street.
The rental market shows steady demand with a mix of single-family home rentals and multi-unit buildings, reflecting the area's diverse housing stock.
The local economy is supported by a mix of healthcare, education, and public sector employment, with strong ties to the broader Chicago labor market.
The area is well-connected via the Metra Rock Island line and CTA bus routes, facilitating commutes to the Chicago central business district.
Development planning is largely focused on transit-oriented improvements and the preservation of the area's historic architectural character.
The Cook County Assessor's Office manages property valuations, utilizing a triennial reassessment cycle for properties within the county.
Parcels are subject to various taxing bodies, including Chicago Public Schools, Cook County, and the City of Chicago municipal government.
Property insurance premiums in the area are influenced by regional weather patterns and the age of the housing stock.
Data retrieved from Census Reporter/data.census.gov ZCTA 60643 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Navy Pier4.615 mi
- Bengtson's Pumpkin Farm and Fall Fest4.515.5 mi
- Museum of Illusions Chicago4.614.3 mi
- Sloomoo Institute - Chicago4.515.2 mi
- Color Factory Chicago4.714 mi
- Navy Pier4.615 mi
- Wrigley Field4.818.7 mi
- United Center4.714.1 mi
- Soldier Field4.512.9 mi
- McCormick Place4.512.3 mi
- Griffin Museum of Science and Industry4.78.6 mi
- National Museum of Mexican Art4.812.4 mi
- AMC Crestwood 184.25 mi
- Osaka Garden4.78.4 mi
- Dave & Buster's Orland Park411 mi
- Navy Pier4.615 mi
- Shedd Aquarium4.513.3 mi
- The Art Institute of Chicago4.814.1 mi
- Field Museum4.713.2 mi
- Griffin Museum of Science and Industry4.78.6 mi
- Swallow Cliff Stairs4.810.8 mi
- Jackson Park Cherry Blossoms4.68.5 mi
- Burnham Park Promontory Point4.89.1 mi
- Ping Tom Memorial Park4.612.5 mi
- Lake Katherine Nature Center4.87.6 mi
- Hammond Marina4.47.5 mi
- Crowley's Yacht Yard LLC4.46.7 mi
- Pier 11 Marina4.63.4 mi
- Chicago Yacht Works4.25.2 mi
- Hammond Yacht Club4.57.5 mi
- Harborside International Golf Center4.13.6 mi
- Silver Lake Country Club4.59.7 mi
- Douglass (Anna & Frederick) Park4.413 mi
- Ravisloe Country Club4.58.1 mi
- Lost Marsh Golf Course4.17.7 mi
- Chicago Ridge Mall4.27.2 mi
- Orland Square4.310.8 mi
- Chicago O'Hare International Airport424.7 mi
- Chicago Midway International Airport49.1 mi
- Illinois Aviation Museum4.824.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Large forest preserve area offering trails and recreational facilities.
Community hub for arts, theater, and education.
Features a fieldhouse, swimming pool, and sports fields.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 45.6% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $267,371 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.