ZIP 60101 Housing Market Report

Chicago Metro

Report period: August 2026

60101 Monthly Market Update – August 2026

ZIP 60101 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$420,000
+1.2%
Median DOM (Sales)
7
−12.5%
New Listings (Sales)
20
−57.4%
Median Rent
$1,750
+9.4%
Median DOM (Rental)
11
−54.2%
Total Rental Listings
63
+8.6%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (4 DOM)
  • Fastest renting: Condo (3 DOM)
  • Strongest bedroom: 4 Beds ($649,000 median)

Sales Market Overview

Median Price
$420,000
+1.2%
Median DOM
7
−12.5%
New Listings
20
−57.4%
Inventory
112
−0.9%
  • Average Price: $506,258
  • Median Price: $420,000
  • Price Range: $69,000 – $3,600,000
  • Price per Sq Ft (Avg/Median): $229 / $222
  • Square Footage (Avg/Median): 2,223 / 2,000
  • Square Footage Range: 800 – 5,500
  • Days on Market (Avg/Median): 32 / 7
  • Days on Market Range: 1 – 324
  • New Listings: 20
  • Total Listings: 112

Sales by Property Type

Condo
Avg/Median Price$233,393 / $215,000Range$159,000 – $399,900Price per Sq Ft$211 / $213Sq Ft1,146 / 927DOM20 / 7New3Total15
Land
Avg/Median Price$657,806 / $140,000Range$69,000 – $3,600,000Price per Sq FtSq FtDOM100 / 125New2Total16
Multi-Family
Avg/Median Price$633,759 / $633,759Range$633,759 – $633,759Price per Sq FtSq FtDOM40 / 40New0Total1
Single Family
Avg/Median Price$553,845 / $485,000Range$179,900 – $1,099,000Price per Sq Ft$234 / $229Sq Ft2,510 / 2,446DOM24 / 5New13Total66
Townhouse
Avg/Median Price$391,964 / $344,900Range$270,000 – $649,000Price per Sq Ft$216 / $213Sq Ft1,813 / 1,780DOM16 / 4New2Total14

Sales by Bedroom Count

1 Beds
Avg:$161,750Median:$159,000Range:$159,000 – $164,500PSF:$177 / $177Sq Ft:927 / 927DOM:4 / 1New:1Total:2
2 Beds
Avg:$286,060Median:$273,900Range:$164,900 – $575,000PSF:$221 / $219Sq Ft:1,331 / 1,259DOM:19 / 4New:3Total:20
3 Beds
Avg:$422,871Median:$400,000Range:$179,900 – $789,000PSF:$243 / $222Sq Ft:1,826 / 1,811DOM:17 / 7New:6Total:38
4 Beds
Avg:$666,068Median:$649,000Range:$324,900 – $989,000PSF:$231 / $232Sq Ft:2,940 / 2,800DOM:38 / 8New:4Total:25
5 Beds
Avg:$665,162Median:$633,759Range:$459,900 – $1,099,000PSF:$190 / $183Sq Ft:3,549 / 3,276DOM:17 / 1New:3Total:9
6 Beds
Avg:$712,000Median:$429,000Range:$429,000 – $995,000PSF:$178 / $175Sq Ft:3,973 / 2,446DOM:7 / 1New:1Total:2

Rental Market Overview

Median Rent
$1,750
+9.4%
Median DOM
11
−54.2%
New Listings
18
Inventory
63
+8.6%
  • Average Rent: $2,183
  • Median Rent: $1,750
  • Rent Range: $950 – $7,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,119 / 1,062
  • Square Footage Range: 350 – 3,100
  • Days on Market (Avg/Median): 42 / 11
  • Days on Market Range: 1 – 350
  • New Listings: 18
  • Total Listings: 63

Rentals by Property Type

Apartment
$1,600
Median DOM: 55
Inventory: 27
MoM: +9.4%
Condo
$2,100
Median DOM: 3
Inventory: 7
MoM: +9.4%
Single Family
$2,695
Median DOM: 3
Inventory: 27
MoM: +9.4%
Townhouse
$3,200
Median DOM: 8
Inventory: 2
MoM: +9.4%
Apartment
Avg/Median Rent$1,556 / $1,600Range$1,243 – $1,799Rent per Sq Ft$2 / $2Sq Ft762 / 700DOM94 / 55New2Total27
Condo
Avg/Median Rent$1,939 / $2,100Range$1,200 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,279 / 1,206DOM2 / 3New4Total7
Single Family
Avg/Median Rent$2,790 / $2,695Range$950 – $7,995Rent per Sq Ft$2 / $2Sq Ft1,363 / 1,188DOM15 / 3New12Total27
Townhouse
Avg/Median Rent$3,300 / $3,200Range$3,200 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,710 / 1,692DOM18 / 8New0Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,515Median:$1,600Range:$950 – $1,759PSF:$2 / $2Sq Ft:714 / 700DOM:89 / 37New:2Total:25
2 Beds
Avg:$1,945Median:$1,800Range:$1,495 – $2,975PSF:$2 / $2Sq Ft:1,014 / 925DOM:27 / 4New:6Total:14
3 Beds
Avg:$2,850Median:$2,695Range:$950 – $7,995PSF:$2 / $2Sq Ft:1,444 / 1,400DOM:14 / 3New:8Total:20
4 Beds
Avg:$3,850Median:$3,150Range:$3,000 – $4,750PSF:$2 / $2Sq Ft:1,954 / 1,154DOM:22 / 1New:2Total:4

6-Month Sales Trend

Mar 2026
Median Price:$345,000Median DOM:13New:36Total:96
Apr 2026
Median Price:$379,900Median DOM:18New:36Total:106
May 2026
Median Price:$429,999Median DOM:13New:43Total:118
Jun 2026
Median Price:$429,999Median DOM:9New:54Total:133
Jul 2026
Median Price:$415,000Median DOM:8New:47Total:113
Aug 2026
Median Price:$420,000Median DOM:7New:20Total:112

6-Month Rental Trend

Mar 2026
Median Rent:$1,650Median DOM:33New:16Total:70
Apr 2026
Median Rent:$1,800Median DOM:30New:19Total:74
May 2026
Median Rent:$1,725Median DOM:42New:8Total:62
Jun 2026
Median Rent:$1,725Median DOM:27New:20Total:59
Jul 2026
Median Rent:$1,600Median DOM:24New:19Total:58
Aug 2026
Median Rent:$1,750Median DOM:11New:18Total:63

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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