3-digit ZIP regional index
Home appreciation in ZIP codes 606xxChicago, IL area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 606 changed +7.0% over the year to Q2 2026, compared with +6.0% for Illinois and +3.0% for the United States.
The region covers ZIP codes 60601–60661. Most of its 2010 population lived in Cook County (100%). Communities in the region include Burnham, Norridge, Skokie, Forest View, Bedford Park. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +7.0%
- 5-year change
- +38.5%
- Since Q1 1995
- +270%
- National rank (1 year)
- 74th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 606 vs Illinois and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 606: 369.8
- Illinois: 283.5
- Chicago-Naperville-Schaumburg, IL metro: 296.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 606 | IL | U.S. | Gap vs IL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +7.0% | +6.0% | +3.0% | +1.0 pts | +4.0 pts |
| 3 years | +21.7% | +21.8% | +12.9% | −0.1 pts | +8.8 pts |
| 5 years | +38.5% | +46.9% | +41.3% | −8.4 pts | −2.8 pts |
| 10 years | +72.0% | +75.6% | +93.3% | −3.6 pts | −21.4 pts |
| Since Q1 1995 | +270% | +184% | +292% | +86.3 pts | −21.8 pts |
If you bought in ZIP3 606 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +261% | $1,084,399 |
| Q2 2000 | +164% | $792,442 |
| Q2 2005 | +60.7% | $482,049 |
| Q2 2010 | +85.8% | $557,541 |
| Q2 2015 | +78.6% | $535,939 |
| Q2 2020 | +49.3% | $447,947 |
| Q2 2021 | +38.5% | $415,436 |
| Q2 2023 | +21.7% | $365,107 |
| Q2 2025 | +7.0% | $320,943 |
How ZIP3 606 ranks
Over the past year ZIP3 606 ranks 74th of 882 3-digit ZIP regions nationally and 10th of 29 in Illinois. Its one-year change is +4.0 pts versus the nation and +1.0 pts versus Illinois. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Illinois |
|---|---|---|
| 1 year | 74th of 882 | 10th of 29 |
| 3 years | 142nd of 882 | 14th of 29 |
| 5 years | 645th of 882 | 27th of 29 |
| 10 years | 722nd of 882 | 14th of 29 |
| Since Q1 1995 | 410th of 879 | 2nd of 29 |
Boom, bust, and recovery in ZIP3 606
ZIP3 606's index peaked in Q1 2007, fell 30.8% to its low in Q2 2012, and regained its peak in Q2 2021, about 14.2 years after the top. Today it sits +41.7% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 606 | Q1 2007 | Q2 2012 | -30.8% | Q2 2021 (14.2 yrs) | +41.7% |
| IL | Q1 2007 | Q2 2012 | -21.8% | Q2 2021 (14.2 yrs) | +51.8% |
| Metro | Q1 2007 | Q2 2012 | -28.9% | Q3 2021 (14.5 yrs) | +43.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 606's index has changed +67.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 606 after inflation | IL after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +3.0% | +2.0% | +2.3% | -0.8% |
| 3 years | +9.8% | +10.8% | +10.9% | +11.0% | +2.8% |
| 5 years | +24.0% | +11.7% | +18.4% | +17.3% | +13.9% |
| 10 years | +39.1% | +23.6% | +26.3% | +26.3% | +39.0% |
| Since Q1 1995 | +121% | +67.0% | +28.0% | +33.8% | +76.8% |
Estimate appreciation for a home in ZIP3 606
Regional estimate
$515,924
- Estimated gain
- $215,924
- Index change
- +71.97%
- Start index
- 215.02
- End index
- 369.78
ZIP3 606 (Chicago, IL area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 603 · Oak Park, IL area | IL | +8.7% | +43.6% | +291% |
| 608 · Cicero, IL area | IL | +5.0% | +42.3% | +183% |
| 607 · Niles, IL area | IL | +7.8% | +39.1% | +199% |
| 602 · Evanston, IL area | IL | +11.4% | +45.3% | +260% |
| 604 · Joliet, IL area | IL | +5.5% | +44.5% | +162% |
| 601 · Elgin, IL area | IL | +6.8% | +49.8% | +185% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 369.78 |
| Q1 2026 | 356.26 |
| Q4 2025 | 352.96 |
| Q3 2025 | 349.57 |
| Q2 2025 | 345.65 |
| Q1 2025 | 336.21 |
| Q4 2024 | 331.64 |
| Q3 2024 | 327.02 |
| Q2 2024 | 324.17 |
| Q1 2024 | 316.84 |
| Q4 2023 | 307.47 |
| Q3 2023 | 307.54 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 606?
- Based on FHFA HPI® data for 3-digit ZIP region 606, the regional index changed +7.0% over the year to Q2 2026, +38.5% over five years, +72.0% over ten years, and +270% since Q1 1995.
- Is ZIP3 606 appreciating faster than Illinois and the U.S.?
- Over the past year the region's index +7.0% compares with +6.0% for Illinois and +3.0% for the U.S., a gap of +4.0 pts versus the nation. Over five years the gap versus the nation is −2.8 pts.
- Which ZIP codes are in 3-digit ZIP region 606?
- All ZIP codes that begin with 606. Census 2010 ZIP Code Tabulation Areas in this region run from 60601 to 60661 (56 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.