ZIP 60056 Housing Market Report
Chicago Metro
Report period: May 2026
60056 Monthly Market Update – May 2026
ZIP 60056 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$449,000
+4.4%
Median DOM (Sales)
11
−8.3%
New Listings (Sales)
27
−58.5%
Median Rent
$2,440
+2.7%
Median DOM (Rental)
41
+20.6%
Total Rental Listings
72
−14.3%
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: Multi-Family (8 DOM)
- Fastest renting: Townhouse (18 DOM)
- Strongest bedroom: 6 Beds ($700,000 median)
Sales Market Overview
Median Price
$449,000
+4.4%
Median DOM
11
−8.3%
New Listings
27
−58.5%
Inventory
165
+1.9%
- Average Price: $466,336
- Median Price: $449,000
- Price Range: $15,000 – $2,240,000
- Price per Sq Ft (Avg/Median): $283 / $275
- Square Footage (Avg/Median): 1,702 / 1,512
- Square Footage Range: 495 – 5,615
- Days on Market (Avg/Median): 22 / 11
- Days on Market Range: 3 – 209
- New Listings: 27
- Total Listings: 165
Sales by Property Type
Condo
Avg/Median Price$301,829 / $299,900Range$148,000 – $525,000Price per Sq Ft$238 / $227Sq Ft1,312 / 1,226DOM24 / 14New7Total49
Land
Avg/Median Price$553,983 / $179,900Range$15,000 – $2,240,000Price per Sq Ft—Sq Ft—DOM45 / 29New0Total6
Multi-Family
Avg/Median Price$700,000 / $700,000Range$700,000 – $700,000Price per Sq Ft—Sq Ft—DOM8 / 8New0Total1
Single Family
Avg/Median Price$564,243 / $544,900Range$325,000 – $1,694,900Price per Sq Ft$310 / $302Sq Ft1,932 / 1,800DOM21 / 8New18Total92
Townhouse
Avg/Median Price$365,970 / $329,896Range$265,000 – $495,000Price per Sq Ft$256 / $258Sq Ft1,471 / 1,300DOM23 / 12New2Total17
Sales by Bedroom Count
1 Beds
Avg:$224,070Median:$165,000Range:$148,000 – $425,000PSF:$267 / $267Sq Ft:844 / 775DOM:15 / 9New:2Total:10
2 Beds
Avg:$321,592Median:$304,900Range:$190,000 – $529,900PSF:$254 / $250Sq Ft:1,306 / 1,200DOM:21 / 12New:7Total:37
3 Beds
Avg:$471,575Median:$472,000Range:$250,000 – $799,999PSF:$297 / $284Sq Ft:1,685 / 1,554DOM:22 / 9New:11Total:81
4 Beds
Avg:$653,196Median:$599,900Range:$449,000 – $1,135,000PSF:$286 / $282Sq Ft:2,377 / 2,237DOM:24 / 14New:6Total:28
5 Beds
Avg:$599,900Median:$599,900Range:$599,900 – $599,900PSF:$278 / $278Sq Ft:2,156 / 2,156DOM:6 / 6New:1Total:1
6 Beds
Avg:$1,197,450Median:$700,000Range:$700,000 – $1,694,900PSF:$302 / $302Sq Ft:5,615 / 5,615DOM:33 / 8New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $224,070 | $165,000 | $148,000 – $425,000 | $267 / $267 | 844 / 775 | 15 / 9 | 2 | 10 |
| 2 Beds | $321,592 | $304,900 | $190,000 – $529,900 | $254 / $250 | 1,306 / 1,200 | 21 / 12 | 7 | 37 |
| 3 Beds | $471,575 | $472,000 | $250,000 – $799,999 | $297 / $284 | 1,685 / 1,554 | 22 / 9 | 11 | 81 |
| 4 Beds | $653,196 | $599,900 | $449,000 – $1,135,000 | $286 / $282 | 2,377 / 2,237 | 24 / 14 | 6 | 28 |
| 5 Beds | $599,900 | $599,900 | $599,900 – $599,900 | $278 / $278 | 2,156 / 2,156 | 6 / 6 | 1 | 1 |
| 6 Beds | $1,197,450 | $700,000 | $700,000 – $1,694,900 | $302 / $302 | 5,615 / 5,615 | 33 / 8 | 0 | 2 |
Rental Market Overview
Median Rent
$2,440
+2.7%
Median DOM
41
+20.6%
New Listings
5
Inventory
72
−14.3%
- Average Rent: $2,596
- Median Rent: $2,440
- Rent Range: $1,350 – $4,695
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,095 / 1,000
- Square Footage Range: 566 – 2,125
- Days on Market (Avg/Median): 57 / 41
- Days on Market Range: 4 – 307
- New Listings: 5
- Total Listings: 72
Rentals by Property Type
Apartment
$2,400
Median DOM: 57
Inventory: 35
MoM: +2.7%
Condo
$1,650
Median DOM: 22
Inventory: 10
MoM: +2.7%
Single Family
$3,200
Median DOM: 30
Inventory: 23
MoM: +2.7%
Townhouse
$2,200
Median DOM: 18
Inventory: 4
MoM: +2.7%
Apartment
Avg/Median Rent$2,403 / $2,400Range$1,375 – $4,395Rent per Sq Ft$3 / $3Sq Ft853 / 750DOM84 / 57New2Total35
Condo
Avg/Median Rent$1,752 / $1,650Range$1,350 – $2,250Rent per Sq Ft$2 / $2Sq Ft915 / 918DOM35 / 22New0Total10
Single Family
Avg/Median Rent$3,319 / $3,200Range$1,400 – $4,695Rent per Sq Ft$2 / $2Sq Ft1,554 / 1,694DOM43 / 30New3Total23
Townhouse
Avg/Median Rent$2,236 / $2,200Range$1,450 – $2,795Rent per Sq Ft$2 / $2Sq Ft1,304 / 1,280DOM19 / 18New0Total4
Rentals by Bedroom Count
Studio
Avg:$2,018Median:$1,999Range:$1,999 – $2,038PSF:$3 / $3Sq Ft:612 / 607DOM:307 / 307New:0Total:2
1 Beds
Avg:$1,915Median:$1,600Range:$1,375 – $2,750PSF:$3 / $2Sq Ft:701 / 700DOM:69 / 41New:2Total:24
2 Beds
Avg:$2,510Median:$2,300Range:$1,350 – $3,820PSF:$2 / $2Sq Ft:1,059 / 1,001DOM:47 / 41New:0Total:22
3 Beds
Avg:$3,388Median:$3,200Range:$2,000 – $4,695PSF:$2 / $2Sq Ft:1,650 / 1,709DOM:49 / 32New:1Total:22
4 Beds
Avg:$3,574Median:$3,149Range:$3,149 – $4,000PSF:$3 / $3Sq Ft:1,200 / 1,200DOM:9 / 6New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,018 | $1,999 | $1,999 – $2,038 | $3 / $3 | 612 / 607 | 307 / 307 | 0 | 2 |
| 1 Beds | $1,915 | $1,600 | $1,375 – $2,750 | $3 / $2 | 701 / 700 | 69 / 41 | 2 | 24 |
| 2 Beds | $2,510 | $2,300 | $1,350 – $3,820 | $2 / $2 | 1,059 / 1,001 | 47 / 41 | 0 | 22 |
| 3 Beds | $3,388 | $3,200 | $2,000 – $4,695 | $2 / $2 | 1,650 / 1,709 | 49 / 32 | 1 | 22 |
| 4 Beds | $3,574 | $3,149 | $3,149 – $4,000 | $3 / $3 | 1,200 / 1,200 | 9 / 6 | 2 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$425,000Median DOM:45New:18Total:165
Jan 2026
Median Price:$434,000Median DOM:29New:37Total:134
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:$449,000Median DOM:11New:27Total:165
6-Month Rental Trend
Dec 2025
Median Rent:$2,300Median DOM:41New:9Total:57
Jan 2026
Median Rent:$2,200Median DOM:56New:6Total:46
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:$2,440Median DOM:41New:5Total:72
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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