ZIP 60005 Housing Market Report
Chicago Metro
Report period: August 2026
60005 Monthly Market Update – August 2026
ZIP 60005 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$425,000
0.0%
Median DOM (Sales)
2
−50.0%
New Listings (Sales)
38
−19.1%
Median Rent
$2,300
+7.0%
Median DOM (Rental)
30
+3.4%
Total Rental Listings
35
−2.8%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (1 DOM)
- Fastest renting: Single Family (9 DOM)
- Strongest bedroom: 5 Beds ($1,150,000 median)
Sales Market Overview
Median Price
$425,000
0.0%
Median DOM
2
−50.0%
New Listings
38
−19.1%
Inventory
108
−3.6%
- Average Price: $495,448
- Median Price: $425,000
- Price Range: $130,000 – $1,799,900
- Price per Sq Ft (Avg/Median): $269 / $258
- Square Footage (Avg/Median): 1,781 / 1,512
- Square Footage Range: 700 – 4,829
- Days on Market (Avg/Median): 16 / 2
- Days on Market Range: 1 – 177
- New Listings: 38
- Total Listings: 108
Sales by Property Type
Condo
Avg/Median Price$246,487 / $228,500Range$130,000 – $599,999Price per Sq Ft$216 / $213Sq Ft1,136 / 1,100DOM16 / 3New15Total47
Land
Avg/Median Price$475,000 / $450,000Range$450,000 – $500,000Price per Sq Ft—Sq Ft—DOM104 / 30New0Total2
Single Family
Avg/Median Price$712,565 / $589,900Range$349,900 – $1,799,900Price per Sq Ft$312 / $302Sq Ft2,308 / 2,122DOM14 / 1New19Total54
Townhouse
Avg/Median Price$499,000 / $474,998Range$340,000 – $840,000Price per Sq Ft$278 / $238Sq Ft1,921 / 2,000DOM3 / 3New4Total5
Sales by Bedroom Count
1 Beds
Avg:$210,341Median:$199,000Range:$130,000 – $379,000PSF:$221 / $218Sq Ft:946 / 960DOM:15 / 3New:5Total:17
2 Beds
Avg:$288,507Median:$237,500Range:$165,000 – $840,000PSF:$223 / $208Sq Ft:1,262 / 1,200DOM:20 / 5New:9Total:30
3 Beds
Avg:$513,382Median:$499,000Range:$249,000 – $825,000PSF:$305 / $291Sq Ft:1,740 / 1,650DOM:9 / 1New:15Total:34
4 Beds
Avg:$741,735Median:$699,000Range:$410,000 – $1,599,900PSF:$296 / $287Sq Ft:2,469 / 2,524DOM:14 / 1New:6Total:17
5 Beds
Avg:$1,282,862Median:$1,150,000Range:$689,000 – $1,799,900PSF:$315 / $281Sq Ft:4,024 / 3,972DOM:18 / 1New:3Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $210,341 | $199,000 | $130,000 – $379,000 | $221 / $218 | 946 / 960 | 15 / 3 | 5 | 17 |
| 2 Beds | $288,507 | $237,500 | $165,000 – $840,000 | $223 / $208 | 1,262 / 1,200 | 20 / 5 | 9 | 30 |
| 3 Beds | $513,382 | $499,000 | $249,000 – $825,000 | $305 / $291 | 1,740 / 1,650 | 9 / 1 | 15 | 34 |
| 4 Beds | $741,735 | $699,000 | $410,000 – $1,599,900 | $296 / $287 | 2,469 / 2,524 | 14 / 1 | 6 | 17 |
| 5 Beds | $1,282,862 | $1,150,000 | $689,000 – $1,799,900 | $315 / $281 | 4,024 / 3,972 | 18 / 1 | 3 | 8 |
Rental Market Overview
Median Rent
$2,300
+7.0%
Median DOM
30
+3.4%
New Listings
4
Inventory
35
−2.8%
- Average Rent: $2,448
- Median Rent: $2,300
- Rent Range: $1,400 – $4,700
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,159 / 1,190
- Square Footage Range: 495 – 2,025
- Days on Market (Avg/Median): 52 / 30
- Days on Market Range: 2 – 282
- New Listings: 4
- Total Listings: 35
Rentals by Property Type
Apartment
$2,094
Median DOM: 80
Inventory: 11
MoM: +7.0%
Condo
$2,150
Median DOM: 29
Inventory: 17
MoM: +7.0%
Single Family
$3,100
Median DOM: 9
Inventory: 4
MoM: +7.0%
Townhouse
$3,000
Median DOM: 12
Inventory: 3
MoM: +7.0%
Apartment
Avg/Median Rent$2,214 / $2,094Range$1,400 – $3,300Rent per Sq Ft$3 / $2Sq Ft894 / 770DOM114 / 80New1Total11
Condo
Avg/Median Rent$2,193 / $2,150Range$1,795 – $2,950Rent per Sq Ft$2 / $2Sq Ft1,114 / 1,130DOM28 / 29New2Total17
Single Family
Avg/Median Rent$3,775 / $3,100Range$3,100 – $4,700Rent per Sq Ft$2 / $2Sq Ft1,628 / 1,440DOM52 / 9New1Total4
Townhouse
Avg/Median Rent$2,983 / $3,000Range$2,800 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,658 / 1,700DOM18 / 12New0Total3
Rentals by Bedroom Count
Studio
Avg:$2,024Median:$2,012Range:$2,012 – $2,035PSF:$4 / $4Sq Ft:524 / 495DOM:197 / 185New:0Total:2
1 Beds
Avg:$1,868Median:$1,900Range:$1,400 – $2,388PSF:$2 / $2Sq Ft:818 / 785DOM:26 / 12New:2Total:9
2 Beds
Avg:$2,338Median:$2,250Range:$1,800 – $3,000PSF:$2 / $2Sq Ft:1,170 / 1,200DOM:49 / 31New:1Total:14
3 Beds
Avg:$3,222Median:$3,100Range:$2,300 – $4,700PSF:$2 / $2Sq Ft:1,648 / 1,700DOM:49 / 12New:0Total:9
4 Beds
Avg:$3,100Median:$3,100Range:$3,100 – $3,100PSF:$2 / $2Sq Ft:1,440 / 1,440DOM:6 / 6New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,024 | $2,012 | $2,012 – $2,035 | $4 / $4 | 524 / 495 | 197 / 185 | 0 | 2 |
| 1 Beds | $1,868 | $1,900 | $1,400 – $2,388 | $2 / $2 | 818 / 785 | 26 / 12 | 2 | 9 |
| 2 Beds | $2,338 | $2,250 | $1,800 – $3,000 | $2 / $2 | 1,170 / 1,200 | 49 / 31 | 1 | 14 |
| 3 Beds | $3,222 | $3,100 | $2,300 – $4,700 | $2 / $2 | 1,648 / 1,700 | 49 / 12 | 0 | 9 |
| 4 Beds | $3,100 | $3,100 | $3,100 – $3,100 | $2 / $2 | 1,440 / 1,440 | 6 / 6 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$429,900Median DOM:14New:36Total:84
Apr 2026
Median Price:$450,000Median DOM:13New:45Total:96
May 2026
Median Price:$450,000Median DOM:8New:50Total:113
Jun 2026
Median Price:$445,000Median DOM:7New:53Total:122
Jul 2026
Median Price:$425,000Median DOM:4New:47Total:112
Aug 2026
Median Price:$425,000Median DOM:2New:38Total:108
6-Month Rental Trend
Mar 2026
Median Rent:$2,136Median DOM:28New:18Total:48
Apr 2026
Median Rent:$2,215Median DOM:20New:17Total:52
May 2026
Median Rent:$2,250Median DOM:20New:16Total:52
Jun 2026
Median Rent:$2,300Median DOM:20New:10Total:45
Jul 2026
Median Rent:$2,150Median DOM:29New:8Total:36
Aug 2026
Median Rent:$2,300Median DOM:30New:4Total:35
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory tightened.
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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