The Loop, Chicago, IL—60604

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$295,000

5.0% YoY Growth

Household Income

$77,800

33.1% YoY Growth

Days on Market

5.0% Shorter YoY

Home Price Forecast

0.7%

Median Rent

$2,250

4.5% YoY Growth

1-Bed Rent

$2,200

10.6% YoY Growth

2-Bed Rent

$2,700

5.3% YoY Growth

3-Bed Rent

$3,350

7.1% YoY Growth

Other Zip Codes in The Loop, Chicago, IL

60602 60603

Home Price Trends — The Loop, Chicago, IL

As of Dec '25, the median home price in The Loop, Chicago, IL is $295,000, with a year-over-year change of 5.0%. This indicates that home prices in The Loop, Chicago, IL are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$295,000	5.0%
Single Family	N/A	N/A
Condos	$253,000	15.0%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,250	$2,780
Studio Rent	$1,780	$1,780
1 Bed Rent	$2,200	$2,200
2 Bed Rent	$2,700	$3,060
3 Bed Rent	$3,350	$4,160
4 Bed Rent	N/A	N/A

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$499,000	27.0%
Listing Count	5	-12.0%
Listings as % of Homes	2.5%	-12.0%
Days on Market	53	-5.0%

Metric	Latest Census	YoY % Change
Population	653	-16.5%
% Under 18	0.0%	-100.0%
% Seniors	23.9%	100.8%
% WFH	25.4%	135.2%
% w/ College Degree	96.3%	10.6%

Metric	Latest Census	5-Year % Change
% White	76.1%	24.1%
% Black	6.1%	8.9%
% Hispanic	3.5%	-18.6%
% Asian	14.2%	-52.2%
% Foreign Born	20.5%	-22.6%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$140	$2,200	$2,340
2 Bedroom	-$60	$2,700	$2,640
3 Bedroom	$40	$3,350	$3,390
4 Bedroom	N/A	N/A	$3,980

The Loop, Chicago, IL—60604

Key Metrics at a Glance

Other Zip Codes in The Loop, Chicago, IL

Home Price Trends — The Loop, Chicago, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — The Loop, Chicago, IL

% of Rental Stock

Property Listings — The Loop, Chicago, IL

Demographics — The Loop, Chicago, IL

Race and Ethnicity

Mortgage and Risk — The Loop, Chicago, IL

Mortgages

Rentals and Section 8 — The Loop, Chicago, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — The Loop, Chicago, IL

Home Price to Income Ratio

The Loop, Chicago, IL — ZIP Code Boundary Map

Nearby ZIP Codes