ZIP 60053 Housing Market Report
Chicago Metro
Report period: August 2026
60053 Monthly Market Update – August 2026
ZIP 60053 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$460,000
+0.2%
Median DOM (Sales)
9
−10.0%
New Listings (Sales)
21
−51.2%
Median Rent
$3,150
+21.2%
Median DOM (Rental)
31
0.0%
Total Rental Listings
29
−9.4%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (6 DOM)
- Fastest renting: Condo (16 DOM)
- Strongest bedroom: 4 Beds ($649,000 median)
Sales Market Overview
Median Price
$460,000
+0.2%
Median DOM
9
−10.0%
New Listings
21
−51.2%
Inventory
113
+3.7%
- Average Price: $467,220
- Median Price: $460,000
- Price Range: $89,000 – $1,259,900
- Price per Sq Ft (Avg/Median): $279 / $270
- Square Footage (Avg/Median): 1,824 / 1,632
- Square Footage Range: 600 – 5,700
- Days on Market (Avg/Median): 34 / 9
- Days on Market Range: 1 – 355
- New Listings: 21
- Total Listings: 113
Sales by Property Type
Condo
Avg/Median Price$271,107 / $258,900Range$169,900 – $449,000Price per Sq Ft$227 / $218Sq Ft1,256 / 1,238DOM41 / 10New7Total29
Land
Avg/Median Price$294,300 / $329,000Range$89,000 – $379,000Price per Sq Ft—Sq Ft—DOM108 / 143New0Total6
Multi-Family
Avg/Median Price$600,000 / $600,000Range$600,000 – $600,000Price per Sq Ft$250 / $250Sq Ft2,400 / 2,400DOM88 / 88New0Total1
Single Family
Avg/Median Price$563,253 / $505,000Range$339,900 – $1,259,900Price per Sq Ft$304 / $292Sq Ft2,041 / 1,800DOM27 / 6New10Total62
Townhouse
Avg/Median Price$509,753 / $519,500Range$360,000 – $765,000Price per Sq Ft$275 / $289Sq Ft1,921 / 1,758DOM17 / 8New4Total15
Sales by Bedroom Count
1 Beds
Avg:$200,814Median:$179,999Range:$169,900 – $330,000PSF:$262 / $238Sq Ft:842 / 751DOM:31 / 9New:3Total:7
2 Beds
Avg:$341,534Median:$300,000Range:$215,000 – $629,900PSF:$236 / $232Sq Ft:1,421 / 1,394DOM:35 / 7New:6Total:32
3 Beds
Avg:$490,204Median:$489,990Range:$339,900 – $649,900PSF:$314 / $300Sq Ft:1,633 / 1,702DOM:19 / 9New:8Total:42
4 Beds
Avg:$662,063Median:$649,000Range:$499,000 – $1,259,900PSF:$278 / $289Sq Ft:2,526 / 2,322DOM:39 / 5New:4Total:19
5 Beds
Avg:$789,643Median:$635,000Range:$525,000 – $1,150,000PSF:$263 / $264Sq Ft:3,216 / 2,792DOM:38 / 9New:0Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $200,814 | $179,999 | $169,900 – $330,000 | $262 / $238 | 842 / 751 | 31 / 9 | 3 | 7 |
| 2 Beds | $341,534 | $300,000 | $215,000 – $629,900 | $236 / $232 | 1,421 / 1,394 | 35 / 7 | 6 | 32 |
| 3 Beds | $490,204 | $489,990 | $339,900 – $649,900 | $314 / $300 | 1,633 / 1,702 | 19 / 9 | 8 | 42 |
| 4 Beds | $662,063 | $649,000 | $499,000 – $1,259,900 | $278 / $289 | 2,526 / 2,322 | 39 / 5 | 4 | 19 |
| 5 Beds | $789,643 | $635,000 | $525,000 – $1,150,000 | $263 / $264 | 3,216 / 2,792 | 38 / 9 | 0 | 7 |
Rental Market Overview
Median Rent
$3,150
+21.2%
Median DOM
31
0.0%
New Listings
1
Inventory
29
−9.4%
- Average Rent: $2,904
- Median Rent: $3,150
- Rent Range: $1,500 – $5,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,599 / 1,673
- Square Footage Range: 600 – 5,700
- Days on Market (Avg/Median): 56 / 31
- Days on Market Range: 4 – 320
- New Listings: 1
- Total Listings: 29
Rentals by Property Type
Apartment
$1,550
Median DOM: 78
Inventory: 12
MoM: +21.2%
Condo
$1,700
Median DOM: 16
Inventory: 2
MoM: +21.2%
Single Family
$3,500
Median DOM: 30
Inventory: 10
MoM: +21.2%
Townhouse
$3,300
Median DOM: 21
Inventory: 5
MoM: +21.2%
Apartment
Avg/Median Rent$1,868 / $1,550Range$1,500 – $3,300Rent per Sq Ft$2 / $2Sq Ft880 / 650DOM131 / 78New0Total12
Condo
Avg/Median Rent$2,100 / $1,700Range$1,700 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,281 / 1,281DOM24 / 16New0Total2
Single Family
Avg/Median Rent$3,895 / $3,500Range$2,600 – $5,500Rent per Sq Ft$2 / $2Sq Ft2,261 / 1,800DOM38 / 30New1Total10
Townhouse
Avg/Median Rent$3,728 / $3,300Range$3,150 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,778 / 1,750DOM26 / 21New0Total5
Rentals by Bedroom Count
Studio
Avg:$1,863Median:$1,863Range:$1,863 – $1,863PSF:$3 / $3Sq Ft:647 / 647DOM:—New:0Total:1
1 Beds
Avg:$1,550Median:$1,550Range:$1,500 – $1,600PSF:$2 / $2Sq Ft:650 / 650DOM:131 / 78New:0Total:9
2 Beds
Avg:$2,638Median:$2,500Range:$1,700 – $3,200PSF:$2 / $2Sq Ft:1,533 / 1,567DOM:20 / 16New:0Total:4
3 Beds
Avg:$3,578Median:$3,300Range:$2,600 – $5,400PSF:$2 / $2Sq Ft:1,759 / 1,800DOM:50 / 35New:0Total:9
4 Beds
Avg:$4,273Median:$4,350Range:$3,300 – $5,500PSF:$2 / $2Sq Ft:2,659 / 1,900DOM:23 / 13New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,863 | $1,863 | $1,863 – $1,863 | $3 / $3 | 647 / 647 | — | 0 | 1 |
| 1 Beds | $1,550 | $1,550 | $1,500 – $1,600 | $2 / $2 | 650 / 650 | 131 / 78 | 0 | 9 |
| 2 Beds | $2,638 | $2,500 | $1,700 – $3,200 | $2 / $2 | 1,533 / 1,567 | 20 / 16 | 0 | 4 |
| 3 Beds | $3,578 | $3,300 | $2,600 – $5,400 | $2 / $2 | 1,759 / 1,800 | 50 / 35 | 0 | 9 |
| 4 Beds | $4,273 | $4,350 | $3,300 – $5,500 | $2 / $2 | 2,659 / 1,900 | 23 / 13 | 1 | 6 |
6-Month Sales Trend
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:12New:33Total:93
Jun 2026
Median Price:$474,900Median DOM:10New:51Total:108
Jul 2026
Median Price:$459,000Median DOM:10New:43Total:109
Aug 2026
Median Price:$460,000Median DOM:9New:21Total:113
6-Month Rental Trend
Mar 2026
Median Rent:$2,700Median DOM:30New:5Total:26
Apr 2026
Median Rent:$2,500Median DOM:24New:6Total:23
May 2026
Median Rent:$2,700Median DOM:27New:6Total:29
Jun 2026
Median Rent:$1,986Median DOM:30New:6Total:33
Jul 2026
Median Rent:$2,600Median DOM:31New:6Total:32
Aug 2026
Median Rent:$3,150Median DOM:31New:1Total:29
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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