ZIP 60056 Housing Market Report
Chicago Metro
Report period: August 2026
60056 Monthly Market Update – August 2026
ZIP 60056 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$450,000
−3.2%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
56
−34.1%
Median Rent
$2,199
0.0%
Median DOM (Rental)
30
+15.4%
Total Rental Listings
57
−10.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (1 DOM)
- Fastest renting: Condo (22 DOM)
- Strongest bedroom: 5 Beds ($629,000 median)
Sales Market Overview
Median Price
$450,000
−3.2%
Median DOM
1
0.0%
New Listings
56
−34.1%
Inventory
173
−2.3%
- Average Price: $480,128
- Median Price: $450,000
- Price Range: $15,000 – $2,240,000
- Price per Sq Ft (Avg/Median): $273 / $258
- Square Footage (Avg/Median): 1,801 / 1,620
- Square Footage Range: 600 – 6,267
- Days on Market (Avg/Median): 15 / 1
- Days on Market Range: 1 – 168
- New Listings: 56
- Total Listings: 173
Sales by Property Type
Condo
Avg/Median Price$269,128 / $274,900Range$110,000 – $415,000Price per Sq Ft$225 / $219Sq Ft1,212 / 1,200DOM12 / 1New17Total51
Land
Avg/Median Price$692,250 / $165,000Range$15,000 – $2,240,000Price per Sq Ft—Sq Ft—DOM96 / 96New0Total4
Multi-Family
Avg/Median Price$735,000 / $735,000Range$735,000 – $735,000Price per Sq Ft—Sq Ft—DOM1 / 1New1Total1
Single Family
Avg/Median Price$584,091 / $549,900Range$309,900 – $1,490,000Price per Sq Ft$299 / $291Sq Ft2,081 / 1,976DOM15 / 1New33Total106
Townhouse
Avg/Median Price$356,273 / $325,000Range$200,000 – $475,000Price per Sq Ft$224 / $233Sq Ft1,643 / 1,530DOM14 / 4New5Total11
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:$232,411Median:$179,900Range:$150,000 – $399,900PSF:$246 / $240Sq Ft:927 / 950DOM:12 / 1New:4Total:10
2 Beds
Avg:$300,400Median:$280,000Range:$188,000 – $599,000PSF:$240 / $224Sq Ft:1,296 / 1,200DOM:11 / 1New:16Total:45
3 Beds
Avg:$491,606Median:$493,000Range:$200,000 – $750,000PSF:$296 / $280Sq Ft:1,741 / 1,700DOM:14 / 1New:22Total:69
4 Beds
Avg:$675,847Median:$599,900Range:$395,000 – $1,490,000PSF:$280 / $267Sq Ft:2,471 / 2,376DOM:20 / 1New:10Total:36
5 Beds
Avg:$817,633Median:$629,000Range:$559,900 – $1,399,000PSF:$265 / $223Sq Ft:3,428 / 2,330DOM:8 / 1New:2Total:6
6 Beds
Avg:$592,000Median:$449,000Range:$449,000 – $735,000PSF:$216 / $216Sq Ft:2,079 / 2,079DOM:4 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $110,000 | $110,000 | $110,000 – $110,000 | $157 / $157 | 700 / 700 | 9 / 9 | 0 | 1 |
| 1 Beds | $232,411 | $179,900 | $150,000 – $399,900 | $246 / $240 | 927 / 950 | 12 / 1 | 4 | 10 |
| 2 Beds | $300,400 | $280,000 | $188,000 – $599,000 | $240 / $224 | 1,296 / 1,200 | 11 / 1 | 16 | 45 |
| 3 Beds | $491,606 | $493,000 | $200,000 – $750,000 | $296 / $280 | 1,741 / 1,700 | 14 / 1 | 22 | 69 |
| 4 Beds | $675,847 | $599,900 | $395,000 – $1,490,000 | $280 / $267 | 2,471 / 2,376 | 20 / 1 | 10 | 36 |
| 5 Beds | $817,633 | $629,000 | $559,900 – $1,399,000 | $265 / $223 | 3,428 / 2,330 | 8 / 1 | 2 | 6 |
| 6 Beds | $592,000 | $449,000 | $449,000 – $735,000 | $216 / $216 | 2,079 / 2,079 | 4 / 1 | 2 | 2 |
Rental Market Overview
Median Rent
$2,199
0.0%
Median DOM
30
+15.4%
New Listings
2
Inventory
57
−10.9%
- Average Rent: $2,344
- Median Rent: $2,199
- Rent Range: $1,350 – $4,695
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 999 / 782
- Square Footage Range: 566 – 2,520
- Days on Market (Avg/Median): 55 / 30
- Days on Market Range: 2 – 293
- New Listings: 2
- Total Listings: 57
Rentals by Property Type
Apartment
$1,600
Median DOM: 32
Inventory: 30
MoM: 0.0%
Condo
$1,700
Median DOM: 22
Inventory: 10
MoM: 0.0%
Single Family
$3,200
Median DOM: 43
Inventory: 12
MoM: 0.0%
Townhouse
$2,795
Median DOM: 28
Inventory: 5
MoM: 0.0%
Apartment
Avg/Median Rent$1,937 / $1,600Range$1,350 – $4,295Rent per Sq Ft$3 / $2Sq Ft752 / 668DOM71 / 32New0Total30
Condo
Avg/Median Rent$1,926 / $1,700Range$1,350 – $2,575Rent per Sq Ft$2 / $2Sq Ft855 / 750DOM30 / 22New0Total10
Single Family
Avg/Median Rent$3,400 / $3,200Range$2,200 – $4,695Rent per Sq Ft$2 / $3Sq Ft1,491 / 1,440DOM53 / 43New2Total12
Townhouse
Avg/Median Rent$3,082 / $2,795Range$1,450 – $4,475Rent per Sq Ft$2 / $2Sq Ft1,583 / 1,179DOM48 / 28New0Total5
Rentals by Bedroom Count
Studio
Avg:$2,122Median:$1,945Range:$1,945 – $2,299PSF:$3 / $3Sq Ft:633 / 598DOM:103 / 103New:0Total:2
1 Beds
Avg:$1,821Median:$1,525Range:$1,350 – $2,750PSF:$3 / $3Sq Ft:672 / 655DOM:61 / 23New:0Total:28
2 Beds
Avg:$1,930Median:$1,700Range:$1,550 – $3,180PSF:$2 / $2Sq Ft:984 / 900DOM:29 / 28New:0Total:10
3 Beds
Avg:$3,531Median:$3,550Range:$2,400 – $4,695PSF:$2 / $2Sq Ft:1,574 / 1,562DOM:59 / 23New:1Total:13
4 Beds
Avg:$3,288Median:$3,159Range:$2,200 – $3,995PSF:$2 / $2Sq Ft:1,720 / 1,440DOM:55 / 28New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,122 | $1,945 | $1,945 – $2,299 | $3 / $3 | 633 / 598 | 103 / 103 | 0 | 2 |
| 1 Beds | $1,821 | $1,525 | $1,350 – $2,750 | $3 / $3 | 672 / 655 | 61 / 23 | 0 | 28 |
| 2 Beds | $1,930 | $1,700 | $1,550 – $3,180 | $2 / $2 | 984 / 900 | 29 / 28 | 0 | 10 |
| 3 Beds | $3,531 | $3,550 | $2,400 – $4,695 | $2 / $2 | 1,574 / 1,562 | 59 / 23 | 1 | 13 |
| 4 Beds | $3,288 | $3,159 | $2,200 – $3,995 | $2 / $2 | 1,720 / 1,440 | 55 / 28 | 1 | 4 |
6-Month Sales Trend
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:$464,900Median DOM:1New:85Total:177
Aug 2026
Median Price:$450,000Median DOM:1New:56Total:173
6-Month Rental Trend
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:$2,199Median DOM:26New:14Total:64
Aug 2026
Median Rent:$2,199Median DOM:30New:2Total:57
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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