ZIP 60131 Housing Market Report
Chicago Metro
Report period: July 2026
60131 Monthly Market Update – July 2026
ZIP 60131 · Last updated Jul 10, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$374,900
0.0%
Median DOM (Sales)
6
−14.3%
New Listings (Sales)
5
−75.0%
Median Rent
$2,098
0.0%
Median DOM (Rental)
23
−14.8%
Total Rental Listings
11
+10.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (6 DOM)
- Fastest renting: Apartment (9 DOM)
- Strongest bedroom: 7 Beds ($550,000 median)
Sales Market Overview
Median Price
$374,900
0.0%
Median DOM
6
−14.3%
New Listings
5
−75.0%
Inventory
47
−4.1%
- Average Price: $475,766
- Median Price: $374,900
- Price Range: $189,000 – $4,875,000
- Price per Sq Ft (Avg/Median): $261 / $254
- Square Footage (Avg/Median): 1,571 / 1,300
- Square Footage Range: 725 – 5,514
- Days on Market (Avg/Median): 26 / 6
- Days on Market Range: 1 – 136
- New Listings: 5
- Total Listings: 47
Sales by Property Type
Condo
Avg/Median Price$293,450 / $299,900Range$225,000 – $339,000Price per Sq Ft$235 / $237Sq Ft1,258 / 1,184DOM35 / 15New1Total4
Land
Avg/Median Price$4,875,000 / $4,875,000Range$4,875,000 – $4,875,000Price per Sq Ft—Sq Ft—DOM114 / 114New0Total1
Multi-Family
Avg/Median Price$550,000 / $550,000Range$550,000 – $550,000Price per Sq Ft—Sq Ft—DOM6 / 6New0Total1
Single Family
Avg/Median Price$389,330 / $374,999Range$240,000 – $899,900Price per Sq Ft$266 / $276Sq Ft1,616 / 1,337DOM24 / 6New4Total40
Townhouse
Avg/Median Price$189,000 / $189,000Range$189,000 – $189,000Price per Sq Ft$182 / $182Sq Ft1,036 / 1,036DOM7 / 7New0Total1
Sales by Bedroom Count
1 Beds
Avg:$225,000Median:$225,000Range:$225,000 – $225,000PSF:$237 / $237Sq Ft:950 / 950DOM:15 / 15New:0Total:1
2 Beds
Avg:$310,650Median:$305,000Range:$189,000 – $419,000PSF:$262 / $254Sq Ft:1,225 / 1,184DOM:17 / 4New:2Total:10
3 Beds
Avg:$374,742Median:$369,000Range:$250,000 – $525,000PSF:$274 / $276Sq Ft:1,448 / 1,237DOM:21 / 3New:3Total:24
4 Beds
Avg:$401,350Median:$390,000Range:$374,999 – $430,000PSF:$252 / $221Sq Ft:1,652 / 1,557DOM:51 / 51New:0Total:8
5 Beds
Avg:$699,950Median:$499,999Range:$499,999 – $899,900PSF:$150 / $137Sq Ft:4,587 / 3,660DOM:7 / 6New:0Total:2
7 Beds
Avg:$550,000Median:$550,000Range:$550,000 – $550,000PSF:—Sq Ft:—DOM:6 / 6New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $225,000 | $225,000 | $225,000 – $225,000 | $237 / $237 | 950 / 950 | 15 / 15 | 0 | 1 |
| 2 Beds | $310,650 | $305,000 | $189,000 – $419,000 | $262 / $254 | 1,225 / 1,184 | 17 / 4 | 2 | 10 |
| 3 Beds | $374,742 | $369,000 | $250,000 – $525,000 | $274 / $276 | 1,448 / 1,237 | 21 / 3 | 3 | 24 |
| 4 Beds | $401,350 | $390,000 | $374,999 – $430,000 | $252 / $221 | 1,652 / 1,557 | 51 / 51 | 0 | 8 |
| 5 Beds | $699,950 | $499,999 | $499,999 – $899,900 | $150 / $137 | 4,587 / 3,660 | 7 / 6 | 0 | 2 |
| 7 Beds | $550,000 | $550,000 | $550,000 – $550,000 | — | — | 6 / 6 | 0 | 1 |
Rental Market Overview
Median Rent
$2,098
0.0%
Median DOM
23
−14.8%
New Listings
2
Inventory
11
+10.0%
- Average Rent: $2,023
- Median Rent: $2,098
- Rent Range: $1,250 – $3,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 992 / 944
- Square Footage Range: 600 – 2,100
- Days on Market (Avg/Median): 49 / 23
- Days on Market Range: 4 – 213
- New Listings: 2
- Total Listings: 11
Rentals by Property Type
Apartment
$1,350
Median DOM: 9
Inventory: 5
MoM: 0.0%
Condo
$2,100
Median DOM: 66
Inventory: 1
MoM: 0.0%
Single Family
$2,350
Median DOM: 28
Inventory: 5
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,790 / $1,350Range$1,250 – $2,950Rent per Sq Ft$2 / $2Sq Ft711 / 600DOM31 / 9New1Total5
Condo
Avg/Median Rent$2,100 / $2,100Range$2,100 – $2,100Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM66 / 66New0Total1
Single Family
Avg/Median Rent$2,240 / $2,350Range$1,300 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,215 / 1,088DOM61 / 28New1Total5
Rentals by Bedroom Count
1 Beds
Avg:$1,500Median:$1,300Range:$1,250 – $2,098PSF:$2 / $2Sq Ft:711 / 600DOM:10 / 9New:1Total:4
2 Beds
Avg:$2,300Median:$2,350Range:$1,600 – $2,950PSF:$2 / $2Sq Ft:875 / 750DOM:48 / 28New:0Total:3
3 Beds
Avg:$2,133Median:$2,100Range:$1,300 – $3,000PSF:$2 / $2Sq Ft:1,075 / 1,088DOM:36 / 37New:1Total:3
4 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$1 / $1Sq Ft:2,100 / 2,100DOM:213 / 213New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,500 | $1,300 | $1,250 – $2,098 | $2 / $2 | 711 / 600 | 10 / 9 | 1 | 4 |
| 2 Beds | $2,300 | $2,350 | $1,600 – $2,950 | $2 / $2 | 875 / 750 | 48 / 28 | 0 | 3 |
| 3 Beds | $2,133 | $2,100 | $1,300 – $3,000 | $2 / $2 | 1,075 / 1,088 | 36 / 37 | 1 | 3 |
| 4 Beds | $2,950 | $2,950 | $2,950 – $2,950 | $1 / $1 | 2,100 / 2,100 | 213 / 213 | 0 | 1 |
6-Month Sales Trend
Feb 2026
Median Price:$349,900Median DOM:25New:10Total:37
Mar 2026
Median Price:$349,900Median DOM:28New:9Total:42
Apr 2026
Median Price:$349,900Median DOM:28New:11Total:32
May 2026
Median Price:$374,999Median DOM:12New:21Total:45
Jun 2026
Median Price:$374,900Median DOM:7New:20Total:49
Jul 2026
Median Price:$374,900Median DOM:6New:5Total:47
6-Month Rental Trend
Feb 2026
Median Rent:$2,098Median DOM:29New:2Total:6
Mar 2026
Median Rent:$2,400Median DOM:12New:2Total:7
Apr 2026
Median Rent:$2,500Median DOM:24New:3Total:7
May 2026
Median Rent:$2,098Median DOM:16New:3Total:10
Jun 2026
Median Rent:$2,098Median DOM:27New:2Total:10
Jul 2026
Median Rent:$2,098Median DOM:23New:2Total:11
Key Market Takeaways
Median sale prices held steady 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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