ZIP 60056 Housing Market Report

Chicago Metro

Report period: July 2026

60056 Monthly Market Update – July 2026

ZIP 60056 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$452,000
−1.7%
Median DOM (Sales)
3
−40.0%
New Listings (Sales)
46
−50.5%
Median Rent
$2,400
0.0%
Median DOM (Rental)
36
−14.3%
Total Rental Listings
69
+1.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Single Family (13 DOM)
  • Strongest bedroom: 5 Beds ($799,000 median)

Sales Market Overview

Median Price
$452,000
−1.7%
Median DOM
3
−40.0%
New Listings
46
−50.5%
Inventory
180
−2.7%
  • Average Price: $471,011
  • Median Price: $452,000
  • Price Range: $15,000 – $2,240,000
  • Price per Sq Ft (Avg/Median): $280 / $265
  • Square Footage (Avg/Median): 1,734 / 1,530
  • Square Footage Range: 495 – 5,023
  • Days on Market (Avg/Median): 17 / 3
  • Days on Market Range: 1 – 155
  • New Listings: 46
  • Total Listings: 180

Sales by Property Type

Condo
Avg/Median Price$277,217 / $273,000Range$110,000 – $425,000Price per Sq Ft$231 / $223Sq Ft1,227 / 1,200DOM17 / 1New15Total48
Land
Avg/Median Price$589,780 / $179,900Range$15,000 – $2,240,000Price per Sq FtSq FtDOM96 / 96New0Total5
Single Family
Avg/Median Price$560,193 / $525,000Range$325,000 – $1,490,000Price per Sq Ft$304 / $304Sq Ft1,948 / 1,824DOM15 / 4New29Total113
Townhouse
Avg/Median Price$373,207 / $365,000Range$275,000 – $500,000Price per Sq Ft$240 / $235Sq Ft1,621 / 1,530DOM29 / 3New2Total14

Sales by Bedroom Count

Studio
Avg:$110,000Median:$110,000Range:$110,000 – $110,000PSF:$157 / $157Sq Ft:700 / 700DOM:9 / 9New:0Total:1
1 Beds
Avg:$269,975Median:$190,000Range:$150,000 – $425,000PSF:$275 / $284Sq Ft:964 / 950DOM:19 / 6New:3Total:8
2 Beds
Avg:$297,897Median:$274,900Range:$188,000 – $550,000PSF:$236 / $227Sq Ft:1,291 / 1,200DOM:15 / 1New:12Total:42
3 Beds
Avg:$482,528Median:$493,000Range:$225,000 – $799,000PSF:$310 / $305Sq Ft:1,635 / 1,562DOM:15 / 2New:21Total:81
4 Beds
Avg:$645,197Median:$615,000Range:$395,000 – $1,490,000PSF:$276 / $273Sq Ft:2,381 / 2,364DOM:23 / 6New:8Total:40
5 Beds
Avg:$719,633Median:$799,000Range:$559,900 – $800,000PSF:$205 / $200Sq Ft:3,653 / 3,135DOM:1 / 1New:2Total:3

Rental Market Overview

Median Rent
$2,400
0.0%
Median DOM
36
−14.3%
New Listings
1
Inventory
69
+1.5%
  • Average Rent: $2,508
  • Median Rent: $2,400
  • Rent Range: $1,341 – $4,695
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,025 / 850
  • Square Footage Range: 566 – 2,520
  • Days on Market (Avg/Median): 53 / 36
  • Days on Market Range: 2 – 263
  • New Listings: 1
  • Total Listings: 69

Rentals by Property Type

Apartment
$2,199
Median DOM: 55
Inventory: 35
MoM: 0.0%
Condo
$1,700
Median DOM: 26
Inventory: 13
MoM: 0.0%
Single Family
$3,650
Median DOM: 13
Inventory: 17
MoM: 0.0%
Townhouse
$2,795
Median DOM: 28
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$2,278 / $2,199Range$1,341 – $4,295Rent per Sq Ft$3 / $3Sq Ft838 / 715DOM77 / 55New0Total35
Condo
Avg/Median Rent$1,824 / $1,700Range$1,350 – $2,575Rent per Sq Ft$2 / $2Sq Ft856 / 750DOM28 / 26New1Total13
Single Family
Avg/Median Rent$3,447 / $3,650Range$1,400 – $4,695Rent per Sq Ft$2 / $2Sq Ft1,462 / 1,517DOM38 / 13New0Total17
Townhouse
Avg/Median Rent$2,759 / $2,795Range$1,450 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,583 / 1,179DOM41 / 28New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,895Median:$1,895Range:$1,895 – $1,895PSF:$3 / $3Sq Ft:598 / 598DOM:New:0Total:1
1 Beds
Avg:$1,839Median:$1,579Range:$1,341 – $2,750PSF:$3 / $2Sq Ft:685 / 700DOM:61 / 36New:0Total:31
2 Beds
Avg:$2,529Median:$2,400Range:$1,550 – $3,820PSF:$2 / $2Sq Ft:1,022 / 968DOM:46 / 40New:1Total:17
3 Beds
Avg:$3,543Median:$3,650Range:$2,505 – $4,695PSF:$2 / $2Sq Ft:1,565 / 1,562DOM:45 / 17New:0Total:17
4 Beds
Avg:$3,651Median:$3,800Range:$3,159 – $3,995PSF:$2 / $2Sq Ft:1,860 / 1,200DOM:56 / 67New:0Total:3

6-Month Sales Trend

Feb 2026
Median Price:$439,900Median DOM:14New:40Total:109
Mar 2026
Median Price:$449,000Median DOM:15New:61Total:138
Apr 2026
Median Price:$430,000Median DOM:12New:65Total:162
May 2026
Median Price:$450,000Median DOM:8New:74Total:177
Jun 2026
Median Price:$459,900Median DOM:5New:93Total:185
Jul 2026
Median Price:$452,000Median DOM:3New:46Total:180

6-Month Rental Trend

Feb 2026
Median Rent:$2,400Median DOM:25New:30Total:66
Mar 2026
Median Rent:$2,400Median DOM:32New:18Total:76
Apr 2026
Median Rent:$2,375Median DOM:34New:15Total:84
May 2026
Median Rent:$2,510Median DOM:31New:20Total:75
Jun 2026
Median Rent:$2,400Median DOM:42New:14Total:68
Jul 2026
Median Rent:$2,400Median DOM:36New:1Total:69

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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