3-digit ZIP regional index
Home appreciation in ZIP codes 608xxCicero, IL area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 608 changed +5.0% over the year to Q2 2026, compared with +6.0% for Illinois and +3.0% for the United States.
The region covers ZIP codes 60803–60827. Most of its 2010 population lived in Cook County (100%). Communities in the region include Evergreen Park, Alsip, Riverdale, Calumet Park, Chicago. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.0%
- 5-year change
- +42.3%
- Since Q1 1995
- +183%
- National rank (1 year)
- 267th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 608 vs Illinois and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 608: 283.1
- 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 608 | IL | U.S. | Gap vs IL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.0% | +6.0% | +3.0% | −1.0 pts | +2.0 pts |
| 3 years | +26.5% | +21.8% | +12.9% | +4.8 pts | +13.7 pts |
| 5 years | +42.3% | +46.9% | +41.3% | −4.6 pts | +1.0 pts |
| 10 years | +93.0% | +75.6% | +93.3% | +17.4 pts | −0.3 pts |
| Since Q1 1995 | +183% | +184% | +292% | −0.4 pts | −108.4 pts |
If you bought in ZIP3 608 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 | +179% | $836,561 |
| Q2 2000 | +145% | $734,169 |
| Q2 2005 | +55.6% | $466,758 |
| Q2 2010 | +86.0% | $557,982 |
| Q2 2015 | +101% | $603,624 |
| Q2 2020 | +59.0% | $477,088 |
| Q2 2021 | +42.3% | $426,857 |
| Q2 2023 | +26.5% | $379,602 |
| Q2 2025 | +5.0% | $314,963 |
How ZIP3 608 ranks
Over the past year ZIP3 608 ranks 267th of 882 3-digit ZIP regions nationally and 19th of 29 in Illinois. Its one-year change is +2.0 pts versus the nation and −1.0 pts versus Illinois. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Illinois |
|---|---|---|
| 1 year | 267th of 882 | 19th of 29 |
| 3 years | 17th of 882 | 3rd of 29 |
| 5 years | 521st of 882 | 19th of 29 |
| 10 years | 408th of 882 | 2nd of 29 |
| Since Q1 1995 | 823rd of 879 | 11th of 29 |
Boom, bust, and recovery in ZIP3 608
ZIP3 608's index peaked in Q2 2007, fell 40.0% to its low in Q2 2012, and regained its peak in Q4 2021, about 14.5 years after the top. Today it sits +35.8% 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 608 | Q2 2007 | Q2 2012 | -40.0% | Q4 2021 (14.5 yrs) | +35.8% |
| 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 608's index has changed +27.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 608 after inflation | IL after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.1% | +2.0% | +2.3% | -0.8% |
| 3 years | +9.8% | +15.2% | +10.9% | +11.0% | +2.8% |
| 5 years | +24.0% | +14.7% | +18.4% | +17.3% | +13.9% |
| 10 years | +39.1% | +38.8% | +26.3% | +26.3% | +39.0% |
| Since Q1 1995 | +121% | +27.9% | +28.0% | +33.8% | +76.8% |
Estimate appreciation for a home in ZIP3 608
Regional estimate
$578,978
- Estimated gain
- $278,978
- Index change
- +92.99%
- Start index
- 146.70
- End index
- 283.12
ZIP3 608 (Cicero, 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 |
|---|---|---|---|---|
| 606 · Chicago, IL area | IL | +7.0% | +38.5% | +270% |
| 603 · Oak Park, IL area | IL | +8.7% | +43.6% | +291% |
| 604 · Joliet, IL area | IL | +5.5% | +44.5% | +162% |
| 607 · Niles, IL area | IL | +7.8% | +39.1% | +199% |
| 602 · Evanston, IL area | IL | +11.4% | +45.3% | +260% |
| 605 · Aurora, IL area | IL | +4.7% | +47.8% | +200% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 283.12 |
| Q1 2026 | 277.62 |
| Q4 2025 | 266.75 |
| Q3 2025 | 264.10 |
| Q2 2025 | 269.67 |
| Q1 2025 | 258.03 |
| Q4 2024 | 257.02 |
| Q3 2024 | 248.68 |
| Q2 2024 | 245.17 |
| Q1 2024 | 248.07 |
| Q4 2023 | 228.36 |
| Q3 2023 | 238.41 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 608?
- Based on FHFA HPI® data for 3-digit ZIP region 608, the regional index changed +5.0% over the year to Q2 2026, +42.3% over five years, +93.0% over ten years, and +183% since Q1 1995.
- Is ZIP3 608 appreciating faster than Illinois and the U.S.?
- Over the past year the region's index +5.0% compares with +6.0% for Illinois and +3.0% for the U.S., a gap of +2.0 pts versus the nation. Over five years the gap versus the nation is +1.0 pts.
- Which ZIP codes are in 3-digit ZIP region 608?
- All ZIP codes that begin with 608. Census 2010 ZIP Code Tabulation Areas in this region run from 60803 to 60827 (4 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.