ZIP 60131 Housing Market Report
Chicago Metro
Report period: August 2026
60131 Monthly Market Update – August 2026
ZIP 60131 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$369,000
−1.6%
Median DOM (Sales)
7
−30.0%
New Listings (Sales)
8
−33.3%
Median Rent
$1,750
+9.4%
Median DOM (Rental)
26
+44.4%
Total Rental Listings
14
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (5 DOM)
- Fastest renting: Single Family (23 DOM)
- Strongest bedroom: 5 Beds ($899,900 median)
Sales Market Overview
Median Price
$369,000
−1.6%
Median DOM
7
−30.0%
New Listings
8
−33.3%
Inventory
45
0.0%
- Average Price: $472,735
- Median Price: $369,000
- Price Range: $195,000 – $4,875,000
- Price per Sq Ft (Avg/Median): $265 / $268
- Square Footage (Avg/Median): 1,512 / 1,300
- Square Footage Range: 725 – 5,514
- Days on Market (Avg/Median): 31 / 7
- Days on Market Range: 1 – 166
- New Listings: 8
- Total Listings: 45
Sales by Property Type
Condo
Avg/Median Price$273,760 / $299,900Range$195,000 – $339,000Price per Sq Ft$221 / $237Sq Ft1,247 / 1,200DOM33 / 23New0Total5
Land
Avg/Median Price$4,875,000 / $4,875,000Range$4,875,000 – $4,875,000Price per Sq Ft—Sq Ft—DOM144 / 144New0Total1
Single Family
Avg/Median Price$385,366 / $374,900Range$240,000 – $899,900Price per Sq Ft$272 / $281Sq Ft1,547 / 1,326DOM28 / 5New8Total39
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:$321,871Median:$309,900Range:$195,000 – $419,000PSF:$276 / $268Sq Ft:1,189 / 1,167DOM:14 / 3New:4Total:14
3 Beds
Avg:$383,954Median:$369,000Range:$284,900 – $524,990PSF:$269 / $276Sq Ft:1,510 / 1,308DOM:24 / 3New:4Total:22
4 Beds
Avg:$386,666Median:$390,000Range:$289,000 – $430,000PSF:$252 / $218Sq Ft:1,591 / 1,337DOM:84 / 92New:0Total:6
5 Beds
Avg:$899,900Median:$899,900Range:$899,900 – $899,900PSF:$163 / $163Sq Ft:5,514 / 5,514DOM:7 / 7New: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 | $321,871 | $309,900 | $195,000 – $419,000 | $276 / $268 | 1,189 / 1,167 | 14 / 3 | 4 | 14 |
| 3 Beds | $383,954 | $369,000 | $284,900 – $524,990 | $269 / $276 | 1,510 / 1,308 | 24 / 3 | 4 | 22 |
| 4 Beds | $386,666 | $390,000 | $289,000 – $430,000 | $252 / $218 | 1,591 / 1,337 | 84 / 92 | 0 | 6 |
| 5 Beds | $899,900 | $899,900 | $899,900 – $899,900 | $163 / $163 | 5,514 / 5,514 | 7 / 7 | 0 | 1 |
Rental Market Overview
Median Rent
$1,750
+9.4%
Median DOM
26
+44.4%
New Listings
2
Inventory
14
0.0%
- Average Rent: $2,407
- Median Rent: $1,750
- Rent Range: $1,300 – $7,895
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 912 / 800
- Square Footage Range: 550 – 1,531
- Days on Market (Avg/Median): 30 / 26
- Days on Market Range: 2 – 92
- New Listings: 2
- Total Listings: 14
Rentals by Property Type
Apartment
$1,350
Median DOM: 27
Inventory: 6
MoM: +9.4%
Condo
$2,100
Median DOM: 66
Inventory: 1
MoM: +9.4%
Single Family
$2,350
Median DOM: 23
Inventory: 7
MoM: +9.4%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +9.4%
Apartment
Avg/Median Rent$1,808 / $1,350Range$1,350 – $2,950Rent per Sq Ft$2 / $2Sq Ft724 / 600DOM34 / 27New2Total6
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$2,964 / $2,350Range$1,300 – $7,895Rent per Sq Ft$3 / $3Sq Ft1,008 / 1,000DOM22 / 23New0Total7
Rentals by Bedroom Count
1 Beds
Avg:$1,537Median:$1,350Range:$1,350 – $2,098PSF:$2 / $2Sq Ft:698 / 600DOM:24 / 27New:1Total:4
2 Beds
Avg:$2,050Median:$1,750Range:$1,600 – $2,950PSF:$2 / $2Sq Ft:838 / 800DOM:39 / 28New:1Total:5
3 Beds
Avg:$3,459Median:$3,000Range:$1,300 – $7,895PSF:$3 / $3Sq Ft:1,101 / 1,088DOM:24 / 23New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,537 | $1,350 | $1,350 – $2,098 | $2 / $2 | 698 / 600 | 24 / 27 | 1 | 4 |
| 2 Beds | $2,050 | $1,750 | $1,600 – $2,950 | $2 / $2 | 838 / 800 | 39 / 28 | 1 | 5 |
| 3 Beds | $3,459 | $3,000 | $1,300 – $7,895 | $3 / $3 | 1,101 / 1,088 | 24 / 23 | 0 | 5 |
6-Month Sales Trend
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:10New:12Total:45
Aug 2026
Median Price:$369,000Median DOM:7New:8Total:45
6-Month Rental Trend
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:$1,600Median DOM:18New:8Total:14
Aug 2026
Median Rent:$1,750Median DOM:26New:2Total:14
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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