ZIP 60162 Housing Market Report

Chicago Metro

Report period: May 2026

60162 Monthly Market Update – May 2026

ZIP 60162 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$323,000
−4.7%
Median DOM (Sales)
14
−30.0%
New Listings (Sales)
1
0.0%
Median Rent
$2,200
+53.8%
Median DOM (Rental)
20
+81.8%
Total Rental Listings
7
+16.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Condo (11 DOM)
  • Strongest bedroom: 3 Beds ($329,000 median)

Sales Market Overview

Median Price
$323,000
−4.7%
Median DOM
14
−30.0%
New Listings
1
0.0%
Inventory
12
0.0%
  • Average Price: $307,950
  • Median Price: $323,000
  • Price Range: $109,900 – $435,000
  • Price per Sq Ft (Avg/Median): $260 / $269
  • Square Footage (Avg/Median): 1,175 / 1,148
  • Square Footage Range: 600 – 1,864
  • Days on Market (Avg/Median): 25 / 14
  • Days on Market Range: 4 – 83
  • New Listings: 1
  • Total Listings: 12

Sales by Property Type

Condo
Avg/Median Price$112,450 / $109,900Range$109,900 – $115,000Price per Sq Ft$163 / $144Sq Ft700 / 600DOM21 / 14New0Total2
Single Family
Avg/Median Price$347,050 / $329,000Range$314,900 – $435,000Price per Sq Ft$279 / $273Sq Ft1,270 / 1,152DOM26 / 11New1Total10

Sales by Bedroom Count

1 Beds
Avg:$109,900Median:$109,900Range:$109,900 – $109,900PSF:$183 / $183Sq Ft:600 / 600DOM:14 / 14New:0Total:1
2 Beds
Avg:$275,000Median:$115,000Range:$115,000 – $435,000PSF:$239 / $144Sq Ft:1,050 / 800DOM:17 / 7New:0Total:2
3 Beds
Avg:$337,278Median:$329,000Range:$314,900 – $399,900PSF:$273 / $273Sq Ft:1,267 / 1,152DOM:28 / 20New:1Total:9

Rental Market Overview

Median Rent
$2,200
+53.8%
Median DOM
20
+81.8%
New Listings
1
Inventory
7
+16.7%
  • Average Rent: $2,175
  • Median Rent: $2,200
  • Rent Range: $1,295 – $3,750
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,126 / 1,094
  • Square Footage Range: 650 – 1,823
  • Days on Market (Avg/Median): 32 / 20
  • Days on Market Range: 11 – 94
  • New Listings: 1
  • Total Listings: 7

Rentals by Property Type

Apartment
$1,350
Median DOM: 18
Inventory: 3
MoM: +53.8%
Condo
$2,400
Median DOM: 11
Inventory: 1
MoM: +53.8%
Single Family
$2,800
Median DOM: 24
Inventory: 3
MoM: +53.8%
Townhouse
Median DOM:
Inventory:
MoM: +53.8%
Apartment
Avg/Median Rent$1,358 / $1,350Range$1,295 – $1,430Rent per Sq Ft$2 / $2Sq Ft724 / 723DOM20 / 18New0Total3
Condo
Avg/Median Rent$2,400 / $2,400Range$2,400 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,600 / 1,600DOM11 / 11New1Total1
Single Family
Avg/Median Rent$2,917 / $2,800Range$2,200 – $3,750Rent per Sq Ft$2 / $2Sq Ft1,370 / 1,194DOM46 / 24New0Total3

Rentals by Bedroom Count

1 Beds
Avg:$1,358Median:$1,350Range:$1,295 – $1,430PSF:$2 / $2Sq Ft:724 / 723DOM:20 / 18New:0Total:3
2 Beds
Avg:$2,400Median:$2,400Range:$2,400 – $2,400PSF:$2 / $2Sq Ft:1,600 / 1,600DOM:11 / 11New:1Total:1
3 Beds
Avg:$2,500Median:$2,200Range:$2,200 – $2,800PSF:$2 / $2Sq Ft:1,144 / 1,094DOM:22 / 20New:0Total:2
4 Beds
Avg:$3,750Median:$3,750Range:$3,750 – $3,750PSF:$2 / $2Sq Ft:1,823 / 1,823DOM:94 / 94New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$324,900Median DOM:47New:4Total:19
Jan 2026
Median Price:$285,000Median DOM:31New:3Total:18
Feb 2026
Median Price:$339,000Median DOM:16New:8Total:19
Mar 2026
Median Price:$349,900Median DOM:13New:8Total:15
Apr 2026
Median Price:$338,900Median DOM:20New:1Total:12
May 2026
Median Price:$323,000Median DOM:14New:1Total:12

6-Month Rental Trend

Dec 2025
Median Rent:$1,300Median DOM:31New:1Total:5
Jan 2026
Median Rent:$1,300Median DOM:16New:2Total:7
Feb 2026
Median Rent:$1,400Median DOM:40New:0Total:4
Mar 2026
Median Rent:$1,350Median DOM:64New:0Total:4
Apr 2026
Median Rent:$1,430Median DOM:11New:4Total:6
May 2026
Median Rent:$2,200Median DOM:20New:1Total:7

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 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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