ZIP 60053 Housing Market Report

Chicago Metro

Report period: May 2026

60053 Monthly Market Update – May 2026

ZIP 60053 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$465,000
+1.3%
Median DOM (Sales)
21
+16.7%
New Listings (Sales)
8
−70.4%
Median Rent
$2,076
−17.0%
Median DOM (Rental)
13
−45.8%
Total Rental Listings
25
+8.7%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (10 DOM)
  • Fastest renting: Single Family (12 DOM)
  • Strongest bedroom: 6 Beds ($775,000 median)

Sales Market Overview

Median Price
$465,000
+1.3%
Median DOM
21
+16.7%
New Listings
8
−70.4%
Inventory
86
−6.5%
  • Average Price: $503,928
  • Median Price: $465,000
  • Price Range: $89,000 – $1,590,000
  • Price per Sq Ft (Avg/Median): $277 / $274
  • Square Footage (Avg/Median): 2,015 / 1,800
  • Square Footage Range: 700 – 5,800
  • Days on Market (Avg/Median): 42 / 21
  • Days on Market Range: 2 – 285
  • New Listings: 8
  • Total Listings: 86

Sales by Property Type

Condo
Avg/Median Price$285,973 / $269,999Range$160,000 – $450,000Price per Sq Ft$227 / $216Sq Ft1,353 / 1,250DOM53 / 23New1Total23
Land
Avg/Median Price$297,160 / $329,900Range$89,000 – $398,000Price per Sq FtSq FtDOM109 / 75New0Total5
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq Ft$250 / $250Sq Ft2,400 / 2,400DOM11 / 11New0Total1
Single Family
Avg/Median Price$609,424 / $549,000Range$399,900 – $1,590,000Price per Sq Ft$295 / $290Sq Ft2,265 / 1,906DOM34 / 21New5Total51
Townhouse
Avg/Median Price$599,000 / $564,000Range$479,000 – $859,000Price per Sq Ft$298 / $297Sq Ft2,001 / 1,896DOM18 / 10New2Total6

Sales by Bedroom Count

1 Beds
Avg:$227,971Median:$204,000Range:$160,000 – $325,000PSF:$269 / $267Sq Ft:952 / 819DOM:28 / 23New:0Total:7
2 Beds
Avg:$320,662Median:$284,000Range:$219,000 – $465,000PSF:$245 / $216Sq Ft:1,345 / 1,250DOM:66 / 25New:1Total:16
3 Beds
Avg:$483,213Median:$479,000Range:$335,880 – $614,999PSF:$304 / $297Sq Ft:1,674 / 1,727DOM:25 / 12New:3Total:31
4 Beds
Avg:$702,450Median:$675,000Range:$475,000 – $1,259,900PSF:$275 / $275Sq Ft:2,702 / 2,450DOM:45 / 21New:3Total:20
5 Beds
Avg:$887,000Median:$659,000Range:$549,000 – $1,590,000PSF:$257 / $257Sq Ft:3,438 / 2,792DOM:27 / 25New:0Total:6
6 Beds
Avg:$775,000Median:$775,000Range:$775,000 – $775,000PSF:$199 / $199Sq Ft:3,901 / 3,901DOM:9 / 9New:1Total:1

Rental Market Overview

Median Rent
$2,076
−17.0%
Median DOM
13
−45.8%
New Listings
2
Inventory
25
+8.7%
  • Average Rent: $2,620
  • Median Rent: $2,076
  • Rent Range: $1,475 – $5,995
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,229 / 1,066
  • Square Footage Range: 600 – 3,300
  • Days on Market (Avg/Median): 66 / 13
  • Days on Market Range: 5 – 315
  • New Listings: 2
  • Total Listings: 25

Rentals by Property Type

Apartment
$1,550
Median DOM: 13
Inventory: 14
MoM: −17.0%
Condo
Median DOM:
Inventory:
MoM: −17.0%
Single Family
$3,500
Median DOM: 12
Inventory: 10
MoM: −17.0%
Townhouse
$4,000
Median DOM: 315
Inventory: 1
MoM: −17.0%
Apartment
Avg/Median Rent$1,639 / $1,550Range$1,475 – $2,500Rent per Sq Ft$2 / $2Sq Ft720 / 650DOM72 / 13New1Total14
Single Family
Avg/Median Rent$3,854 / $3,500Range$2,700 – $5,995Rent per Sq Ft$3 / $3Sq Ft1,584 / 1,176DOM35 / 12New1Total10
Townhouse
Avg/Median Rent$4,000 / $4,000Range$4,000 – $4,000Rent per Sq FtSq FtDOM315 / 315New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,076Median:$2,076Range:$2,076 – $2,076PSF:$3 / $3Sq Ft:672 / 672DOM:New:0Total:1
1 Beds
Avg:$1,531Median:$1,550Range:$1,475 – $1,550PSF:$2 / $2Sq Ft:640 / 650DOM:63 / 12New:1Total:12
3 Beds
Avg:$3,505Median:$3,400Range:$2,500 – $4,500PSF:$2 / $3Sq Ft:1,580 / 1,176DOM:76 / 22New:1Total:10
4 Beds
Avg:$4,998Median:$4,000Range:$4,000 – $5,995PSF:$4 / $2Sq Ft:1,398 / 1,050DOM:25 / 12New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$489,000Median DOM:52New:21Total:105
Jan 2026
Median Price:$479,900Median DOM:43New:21Total:96
Feb 2026
Median Price:$455,000Median DOM:30New:28Total:87
Mar 2026
Median Price:$459,000Median DOM:19New:32Total:96
Apr 2026
Median Price:$459,000Median DOM:18New:27Total:92
May 2026
Median Price:$465,000Median DOM:21New:8Total:86

6-Month Rental Trend

Dec 2025
Median Rent:$2,400Median DOM:31New:7Total:24
Jan 2026
Median Rent:$2,300Median DOM:30New:9Total:30
Feb 2026
Median Rent:$1,917Median DOM:46New:1Total:28
Mar 2026
Median Rent:$2,700Median DOM:30New:5Total:26
Apr 2026
Median Rent:$2,500Median DOM:24New:6Total:23
May 2026
Median Rent:$2,076Median DOM:13New:2Total:25

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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