ZIP 60005 Housing Market Report

Chicago Metro

Report period: May 2026

60005 Monthly Market Update – May 2026

ZIP 60005 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$439,900
−2.2%
Median DOM (Sales)
11
−15.4%
New Listings (Sales)
15
−66.7%
Median Rent
$2,350
+6.1%
Median DOM (Rental)
15
−25.0%
Total Rental Listings
55
+5.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (5 DOM)
  • Fastest renting: Townhouse (14 DOM)
  • Strongest bedroom: 5 Beds ($1,630,000 median)

Sales Market Overview

Median Price
$439,900
−2.2%
Median DOM
11
−15.4%
New Listings
15
−66.7%
Inventory
104
+8.3%
  • Average Price: $543,049
  • Median Price: $439,900
  • Price Range: $169,000 – $2,000,000
  • Price per Sq Ft (Avg/Median): $280 / $267
  • Square Footage (Avg/Median): 1,856 / 1,634
  • Square Footage Range: 735 – 5,883
  • Days on Market (Avg/Median): 24 / 11
  • Days on Market Range: 1 – 245
  • New Listings: 15
  • Total Listings: 104

Sales by Property Type

Condo
Avg/Median Price$254,502 / $230,000Range$169,000 – $569,000Price per Sq Ft$213 / $205Sq Ft1,162 / 1,155DOM24 / 14New5Total40
Land
Avg/Median Price$512,667 / $450,000Range$389,000 – $699,000Price per Sq FtSq FtDOM80 / 74New0Total3
Single Family
Avg/Median Price$758,655 / $599,000Range$375,000 – $2,000,000Price per Sq Ft$328 / $326Sq Ft2,306 / 2,000DOM22 / 9New9Total54
Townhouse
Avg/Median Price$541,671 / $438,900Range$389,000 – $950,000Price per Sq Ft$265 / $254Sq Ft2,025 / 2,025DOM9 / 5New1Total7

Sales by Bedroom Count

1 Beds
Avg:$206,568Median:$189,900Range:$169,000 – $349,000PSF:$229 / $203Sq Ft:901 / 900DOM:41 / 6New:1Total:10
2 Beds
Avg:$292,200Median:$249,900Range:$169,900 – $569,000PSF:$223 / $205Sq Ft:1,272 / 1,200DOM:20 / 14New:5Total:30
3 Beds
Avg:$538,274Median:$499,000Range:$249,900 – $1,625,000PSF:$300 / $311Sq Ft:1,781 / 1,717DOM:16 / 11New:4Total:35
4 Beds
Avg:$829,479Median:$699,000Range:$469,000 – $1,699,990PSF:$326 / $320Sq Ft:2,656 / 2,308DOM:18 / 6New:3Total:19
5 Beds
Avg:$1,358,257Median:$1,630,000Range:$639,900 – $2,000,000PSF:$351 / $366Sq Ft:3,712 / 3,972DOM:44 / 17New:2Total:7

Rental Market Overview

Median Rent
$2,350
+6.1%
Median DOM
15
−25.0%
New Listings
9
Inventory
55
+5.8%
  • Average Rent: $2,456
  • Median Rent: $2,350
  • Rent Range: $1,300 – $4,700
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,251 / 1,200
  • Square Footage Range: 350 – 2,262
  • Days on Market (Avg/Median): 31 / 15
  • Days on Market Range: 2 – 191
  • New Listings: 9
  • Total Listings: 55

Rentals by Property Type

Apartment
$1,774
Median DOM: 23
Inventory: 12
MoM: +6.1%
Condo
$2,200
Median DOM: 17
Inventory: 25
MoM: +6.1%
Single Family
$3,000
Median DOM: 18
Inventory: 13
MoM: +6.1%
Townhouse
$3,400
Median DOM: 14
Inventory: 5
MoM: +6.1%
Apartment
Avg/Median Rent$2,042 / $1,774Range$1,300 – $3,500Rent per Sq Ft$3 / $2Sq Ft832 / 700DOM54 / 23New2Total12
Condo
Avg/Median Rent$2,257 / $2,200Range$1,600 – $3,250Rent per Sq Ft$2 / $2Sq Ft1,170 / 1,200DOM26 / 17New3Total25
Single Family
Avg/Median Rent$2,873 / $3,000Range$1,350 – $4,700Rent per Sq Ft$2 / $2Sq Ft1,485 / 1,580DOM26 / 18New2Total13
Townhouse
Avg/Median Rent$3,356 / $3,400Range$2,990 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,869 / 2,019DOM27 / 14New2Total5

Rentals by Bedroom Count

Studio
Avg:$1,618Median:$1,350Range:$1,300 – $2,050PSF:$3 / $4Sq Ft:476 / 495DOM:58 / 11New:1Total:4
1 Beds
Avg:$1,966Median:$2,000Range:$1,450 – $2,700PSF:$2 / $2Sq Ft:861 / 810DOM:29 / 20New:1Total:9
2 Beds
Avg:$2,265Median:$2,200Range:$1,690 – $3,400PSF:$2 / $2Sq Ft:1,217 / 1,200DOM:28 / 18New:2Total:27
3 Beds
Avg:$3,198Median:$3,290Range:$2,400 – $3,750PSF:$2 / $2Sq Ft:1,715 / 1,694DOM:34 / 14New:5Total:13
4 Beds
Avg:$4,075Median:$3,450Range:$3,450 – $4,700PSF:$2 / $2Sq Ft:1,956 / 1,650DOM:11 / 10New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$399,900Median DOM:39New:23Total:102
Jan 2026
Median Price:$399,000Median DOM:33New:24Total:95
Feb 2026
Median Price:$399,000Median DOM:18New:29Total:84
Mar 2026
Median Price:$429,900Median DOM:14New:36Total:84
Apr 2026
Median Price:$450,000Median DOM:13New:45Total:96
May 2026
Median Price:$439,900Median DOM:11New:15Total:104

6-Month Rental Trend

Dec 2025
Median Rent:$2,200Median DOM:42New:7Total:39
Jan 2026
Median Rent:$2,200Median DOM:32New:15Total:43
Feb 2026
Median Rent:$2,200Median DOM:40New:11Total:44
Mar 2026
Median Rent:$2,136Median DOM:28New:18Total:48
Apr 2026
Median Rent:$2,215Median DOM:20New:17Total:52
May 2026
Median Rent:$2,350Median DOM:15New:9Total:55

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.

Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.

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