ZIP 60062 Housing Market Report

Chicago Metro

Report period: May 2026

60062 Monthly Market Update – May 2026

ZIP 60062 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$679,000
+3.0%
Median DOM (Sales)
15
−11.8%
New Listings (Sales)
23
−58.2%
Median Rent
$2,900
−5.8%
Median DOM (Rental)
22
−4.3%
Total Rental Listings
41
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Townhouse (17 DOM)
  • Strongest bedroom: 6 Beds ($2,990,000 median)

Sales Market Overview

Median Price
$679,000
+3.0%
Median DOM
15
−11.8%
New Listings
23
−58.2%
Inventory
161
−1.8%
  • Average Price: $935,405
  • Median Price: $679,000
  • Price Range: $179,825 – $5,499,000
  • Price per Sq Ft (Avg/Median): $304 / $300
  • Square Footage (Avg/Median): 3,029 / 2,416
  • Square Footage Range: 716 – 18,000
  • Days on Market (Avg/Median): 38 / 15
  • Days on Market Range: 2 – 361
  • New Listings: 23
  • Total Listings: 161

Sales by Property Type

Condo
Avg/Median Price$370,253 / $345,000Range$179,825 – $650,000Price per Sq Ft$235 / $234Sq Ft1,596 / 1,484DOM59 / 48New4Total51
Land
Avg/Median Price$1,149,500 / $649,000Range$649,000 – $1,650,000Price per Sq FtSq FtDOM88 / 75New0Total2
Single Family
Avg/Median Price$1,327,046 / $979,900Range$424,900 – $5,499,000Price per Sq Ft$342 / $334Sq Ft3,983 / 3,100DOM28 / 7New14Total86
Townhouse
Avg/Median Price$695,104 / $679,000Range$399,000 – $1,100,000Price per Sq Ft$301 / $296Sq Ft2,341 / 2,278DOM25 / 11New5Total22

Sales by Bedroom Count

1 Beds
Avg:$208,941Median:$208,941Range:$208,941 – $208,941PSF:$292 / $292Sq Ft:716 / 716DOM:145 / 145New:0Total:1
2 Beds
Avg:$369,664Median:$359,000Range:$179,825 – $775,000PSF:$239 / $233Sq Ft:1,558 / 1,483DOM:45 / 38New:4Total:47
3 Beds
Avg:$653,101Median:$619,000Range:$284,866 – $1,299,900PSF:$319 / $328Sq Ft:2,124 / 2,230DOM:39 / 14New:5Total:38
4 Beds
Avg:$1,049,327Median:$949,900Range:$479,000 – $2,249,000PSF:$333 / $324Sq Ft:3,161 / 3,000DOM:18 / 7New:11Total:47
5 Beds
Avg:$2,047,730Median:$1,900,000Range:$865,000 – $5,499,000PSF:$345 / $330Sq Ft:5,973 / 5,902DOM:52 / 14New:3Total:23
6 Beds
Avg:$2,990,000Median:$2,990,000Range:$2,990,000 – $2,990,000PSF:$300 / $300Sq Ft:9,952 / 9,952DOM:67 / 67New:0Total:1
7 Beds
Avg:$3,247,000Median:$1,995,000Range:$1,995,000 – $4,499,000PSF:$280 / $250Sq Ft:12,209 / 6,418DOM:56 / 32New:0Total:2

Rental Market Overview

Median Rent
$2,900
−5.8%
Median DOM
22
−4.3%
New Listings
3
Inventory
41
0.0%
  • Average Rent: $3,043
  • Median Rent: $2,900
  • Rent Range: $1,400 – $8,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,592 / 1,358
  • Square Footage Range: 599 – 5,837
  • Days on Market (Avg/Median): 39 / 22
  • Days on Market Range: 3 – 258
  • New Listings: 3
  • Total Listings: 41

Rentals by Property Type

Apartment
$2,119
Median DOM: 47
Inventory: 7
MoM: −5.8%
Condo
$1,975
Median DOM: 22
Inventory: 13
MoM: −5.8%
Single Family
$3,600
Median DOM: 22
Inventory: 15
MoM: −5.8%
Townhouse
$4,000
Median DOM: 17
Inventory: 6
MoM: −5.8%
Apartment
Avg/Median Rent$2,059 / $2,119Range$1,600 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,045 / 1,000DOM110 / 47New0Total7
Condo
Avg/Median Rent$2,162 / $1,975Range$1,400 – $3,395Rent per Sq Ft$2 / $2Sq Ft1,122 / 1,070DOM23 / 22New2Total13
Single Family
Avg/Median Rent$3,873 / $3,600Range$2,100 – $8,250Rent per Sq Ft$2 / $2Sq Ft2,014 / 1,610DOM33 / 22New0Total15
Townhouse
Avg/Median Rent$4,024 / $4,000Range$2,595 – $4,900Rent per Sq Ft$2 / $2Sq Ft2,118 / 2,200DOM51 / 17New1Total6

Rentals by Bedroom Count

Studio
Avg:$1,600Median:$1,400Range:$1,400 – $1,799PSF:$3 / $3Sq Ft:599 / 599DOM:22 / 22New:0Total:2
1 Beds
Avg:$1,919Median:$2,119Range:$1,400 – $2,275PSF:$3 / $2Sq Ft:784 / 698DOM:13 / 11New:1Total:5
2 Beds
Avg:$2,480Median:$2,250Range:$1,600 – $3,519PSF:$2 / $2Sq Ft:1,226 / 1,200DOM:46 / 26New:2Total:18
3 Beds
Avg:$3,815Median:$3,900Range:$1,870 – $4,900PSF:$2 / $2Sq Ft:2,009 / 2,155DOM:43 / 25New:0Total:11
4 Beds
Avg:$4,198Median:$4,100Range:$3,995 – $4,500PSF:$2 / $2Sq Ft:2,130 / 1,695DOM:36 / 23New:0Total:3
5 Beds
Avg:$6,375Median:$4,500Range:$4,500 – $8,250PSF:$2 / $1Sq Ft:4,318 / 2,800DOM:19 / 15New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$565,000Median DOM:53New:15Total:173
Jan 2026
Median Price:$599,000Median DOM:44New:39Total:149
Feb 2026
Median Price:$610,000Median DOM:18New:57Total:133
Mar 2026
Median Price:$619,000Median DOM:20New:55Total:151
Apr 2026
Median Price:$659,000Median DOM:17New:55Total:164
May 2026
Median Price:$679,000Median DOM:15New:23Total:161

6-Month Rental Trend

Dec 2025
Median Rent:$3,300Median DOM:50New:2Total:28
Jan 2026
Median Rent:$3,000Median DOM:45New:8Total:25
Feb 2026
Median Rent:$2,995Median DOM:38New:6Total:29
Mar 2026
Median Rent:$2,995Median DOM:23New:10Total:27
Apr 2026
Median Rent:$3,080Median DOM:23New:12Total:41
May 2026
Median Rent:$2,900Median DOM:22New:3Total:41

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.

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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