ZIP 60148 Housing Market Report

Chicago Metro

Report period: August 2026

60148 Monthly Market Update – August 2026

ZIP 60148 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$370,000
−0.8%
Median DOM (Sales)
5
−16.7%
New Listings (Sales)
70
−27.1%
Median Rent
$2,169
+0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
410
−2.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (2 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 7 Beds ($1,099,900 median)

Sales Market Overview

Median Price
$370,000
−0.8%
Median DOM
5
−16.7%
New Listings
70
−27.1%
Inventory
232
+5.9%
  • Average Price: $407,498
  • Median Price: $370,000
  • Price Range: $80,000 – $1,395,000
  • Price per Sq Ft (Avg/Median): $253 / $244
  • Square Footage (Avg/Median): 1,637 / 1,382
  • Square Footage Range: 696 – 6,907
  • Days on Market (Avg/Median): 27 / 5
  • Days on Market Range: 1 – 328
  • New Listings: 70
  • Total Listings: 232

Sales by Property Type

Condo
Avg/Median Price$239,752 / $224,999Range$149,900 – $425,000Price per Sq Ft$213 / $204Sq Ft1,129 / 1,092DOM24 / 5New24Total71
Land
Avg/Median Price$413,252 / $275,000Range$80,000 – $1,200,000Price per Sq FtSq FtDOM134 / 104New4Total23
Multi-Family
Avg/Median Price$720,000 / $720,000Range$720,000 – $720,000Price per Sq Ft$206 / $206Sq Ft3,500 / 3,500DOM20 / 20New0Total1
Single Family
Avg/Median Price$496,573 / $435,000Range$250,000 – $1,395,000Price per Sq Ft$275 / $277Sq Ft1,902 / 1,638DOM19 / 4New39Total124
Townhouse
Avg/Median Price$439,782 / $459,900Range$285,000 – $615,000Price per Sq Ft$268 / $279Sq Ft1,642 / 1,661DOM14 / 2New3Total13

Sales by Bedroom Count

1 Beds
Avg:$197,837Median:$165,000Range:$149,900 – $299,900PSF:$218 / $205Sq Ft:911 / 810DOM:21 / 5New:6Total:16
2 Beds
Avg:$268,026Median:$249,000Range:$150,000 – $474,990PSF:$236 / $221Sq Ft:1,150 / 1,092DOM:25 / 4New:20Total:67
3 Beds
Avg:$411,457Median:$399,000Range:$250,000 – $694,900PSF:$278 / $284Sq Ft:1,505 / 1,476DOM:14 / 2New:22Total:71
4 Beds
Avg:$580,391Median:$524,900Range:$260,000 – $1,300,000PSF:$252 / $253Sq Ft:2,354 / 2,245DOM:24 / 5New:13Total:44
5 Beds
Avg:$815,655Median:$675,000Range:$500,000 – $1,395,000PSF:$264 / $231Sq Ft:3,093 / 3,047DOM:18 / 12New:4Total:9
7 Beds
Avg:$1,099,900Median:$1,099,900Range:$1,099,900 – $1,099,900PSF:$159 / $159Sq Ft:6,907 / 6,907DOM:1 / 1New:1Total:1
8 Beds
Avg:$720,000Median:$720,000Range:$720,000 – $720,000PSF:$206 / $206Sq Ft:3,500 / 3,500DOM:20 / 20New:0Total:1

Rental Market Overview

Median Rent
$2,169
+0.9%
Median DOM
1
0.0%
New Listings
167
Inventory
410
−2.1%
  • Average Rent: $2,238
  • Median Rent: $2,169
  • Rent Range: $950 – $6,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 964 / 900
  • Square Footage Range: 300 – 3,927
  • Days on Market (Avg/Median): 7 / 1
  • Days on Market Range: 1 – 321
  • New Listings: 167
  • Total Listings: 410

Rentals by Property Type

Apartment
$2,111
Median DOM: 1
Inventory: 371
MoM: +0.9%
Condo
$2,150
Median DOM: 22
Inventory: 12
MoM: +0.9%
Single Family
$2,900
Median DOM: 11
Inventory: 23
MoM: +0.9%
Townhouse
$2,300
Median DOM: 8
Inventory: 4
MoM: +0.9%
Apartment
Avg/Median Rent$2,195 / $2,111Range$1,300 – $5,378Rent per Sq Ft$2 / $2Sq Ft923 / 888DOM6 / 1New161Total371
Condo
Avg/Median Rent$2,019 / $2,150Range$950 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,152 / 1,137DOM32 / 22New1Total12
Single Family
Avg/Median Rent$3,014 / $2,900Range$1,355 – $6,900Rent per Sq Ft$2 / $2Sq Ft1,536 / 1,281DOM11 / 11New5Total23
Townhouse
Avg/Median Rent$2,392 / $2,300Range$2,295 – $2,650Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,143DOM13 / 8New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,660Median:$1,375Range:$1,375 – $2,311PSF:$3 / $2Sq Ft:567 / 575DOM:6 / 1New:10Total:27
1 Beds
Avg:$2,039Median:$2,005Range:$1,300 – $3,015PSF:$3 / $3Sq Ft:762 / 783DOM:11 / 1New:70Total:150
2 Beds
Avg:$2,323Median:$2,230Range:$950 – $4,238PSF:$2 / $2Sq Ft:1,081 / 1,042DOM:5 / 1New:70Total:190
3 Beds
Avg:$2,767Median:$2,485Range:$1,355 – $5,378PSF:$2 / $2Sq Ft:1,336 / 1,176DOM:7 / 1New:16Total:39
4 Beds
Avg:$4,375Median:$3,200Range:$3,200 – $6,900PSF:$2 / $2Sq Ft:2,487 / 1,985DOM:11 / 4New:1Total:4

6-Month Sales Trend

Mar 2026
Median Price:$372,400Median DOM:19New:63Total:202
Apr 2026
Median Price:$389,900Median DOM:16New:72Total:206
May 2026
Median Price:$390,000Median DOM:10New:101Total:245
Jun 2026
Median Price:$379,000Median DOM:8New:93Total:237
Jul 2026
Median Price:$372,900Median DOM:6New:96Total:219
Aug 2026
Median Price:$370,000Median DOM:5New:70Total:232

6-Month Rental Trend

Mar 2026
Median Rent:$2,176Median DOM:1New:250Total:375
Apr 2026
Median Rent:$2,135Median DOM:1New:254Total:371
May 2026
Median Rent:$2,135Median DOM:1New:233Total:392
Jun 2026
Median Rent:$2,169Median DOM:1New:273Total:383
Jul 2026
Median Rent:$2,149Median DOM:1New:281Total:419
Aug 2026
Median Rent:$2,169Median DOM:1New:167Total:410

Key Market Takeaways

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