ZIP 60162 Housing Market Report

Chicago Metro

Report period: August 2026

60162 Monthly Market Update – August 2026

ZIP 60162 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$325,000
0.0%
Median DOM (Sales)
4
−42.9%
New Listings (Sales)
8
0.0%
Median Rent
$1,475
+3.1%
Median DOM (Rental)
51
−28.2%
Total Rental Listings
7
+16.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (2 DOM)
  • Fastest renting: Single Family (51 DOM)
  • Strongest bedroom: 5 Beds ($849,900 median)

Sales Market Overview

Median Price
$325,000
0.0%
Median DOM
4
−42.9%
New Listings
8
0.0%
Inventory
18
+12.5%
  • Average Price: $343,722
  • Median Price: $325,000
  • Price Range: $89,900 – $849,900
  • Price per Sq Ft (Avg/Median): $239 / $222
  • Square Footage (Avg/Median): 1,455 / 1,140
  • Square Footage Range: 600 – 3,900
  • Days on Market (Avg/Median): 18 / 4
  • Days on Market Range: 1 – 103
  • New Listings: 8
  • Total Listings: 18

Sales by Property Type

Condo
Avg/Median Price$122,933 / $115,000Range$89,900 – $163,900Price per Sq Ft$162 / $174Sq Ft763 / 750DOM32 / 33New1Total3
Single Family
Avg/Median Price$387,880 / $349,900Range$240,000 – $849,900Price per Sq Ft$254 / $225Sq Ft1,594 / 1,286DOM15 / 2New7Total15

Sales by Bedroom Count

1 Beds
Avg:$122,933Median:$115,000Range:$89,900 – $163,900PSF:$162 / $174Sq Ft:763 / 750DOM:32 / 33New:1Total:3
2 Beds
Avg:$249,900Median:$249,900Range:$249,900 – $249,900PSF:$291 / $291Sq Ft:858 / 858DOM:1 / 1New:1Total:1
3 Beds
Avg:$333,300Median:$345,000Range:$240,000 – $415,000PSF:$261 / $245Sq Ft:1,317 / 1,140DOM:17 / 4New:4Total:9
4 Beds
Avg:$429,675Median:$399,900Range:$269,900 – $599,900PSF:$237 / $222Sq Ft:1,824 / 1,600DOM:17 / 2New:2Total:4
5 Beds
Avg:$849,900Median:$849,900Range:$849,900 – $849,900PSF:$218 / $218Sq Ft:3,900 / 3,900DOM:1 / 1New:0Total:1

Rental Market Overview

Median Rent
$1,475
+3.1%
Median DOM
51
−28.2%
New Listings
1
Inventory
7
+16.7%
  • Average Rent: $1,769
  • Median Rent: $1,475
  • Rent Range: $1,325 – $2,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 856 / 800
  • Square Footage Range: 700 – 1,194
  • Days on Market (Avg/Median): 61 / 51
  • Days on Market Range: 7 – 114
  • New Listings: 1
  • Total Listings: 7

Rentals by Property Type

Apartment
$1,430
Median DOM: 110
Inventory: 4
MoM: +3.1%
Condo
Median DOM:
Inventory:
MoM: +3.1%
Single Family
$2,300
Median DOM: 51
Inventory: 3
MoM: +3.1%
Townhouse
Median DOM:
Inventory:
MoM: +3.1%
Apartment
Avg/Median Rent$1,445 / $1,430Range$1,325 – $1,550Rent per Sq Ft$2 / $2Sq Ft768 / 723DOM77 / 110New1Total4
Single Family
Avg/Median Rent$2,200 / $2,300Range$1,400 – $2,900Rent per Sq Ft$2 / $2Sq Ft973 / 1,025DOM45 / 51New0Total3

Rentals by Bedroom Count

1 Beds
Avg:$1,408Median:$1,400Range:$1,325 – $1,475PSF:$2 / $2Sq Ft:731 / 700DOM:71 / 51New:1Total:4
2 Beds
Avg:$1,550Median:$1,550Range:$1,550 – $1,550PSF:$2 / $2Sq Ft:850 / 850DOM:New:0Total:1
3 Beds
Avg:$2,600Median:$2,300Range:$2,300 – $2,900PSF:$2 / $2Sq Ft:1,110 / 1,025DOM:42 / 12New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$349,900Median DOM:13New:8Total:15
Apr 2026
Median Price:$338,900Median DOM:20New:1Total:12
May 2026
Median Price:$315,000Median DOM:14New:3Total:12
Jun 2026
Median Price:$323,000Median DOM:13New:5Total:11
Jul 2026
Median Price:$325,000Median DOM:7New:8Total:16
Aug 2026
Median Price:$325,000Median DOM:4New:8Total:18

6-Month Rental Trend

Mar 2026
Median Rent:$1,350Median DOM:64New:0Total:4
Apr 2026
Median Rent:$1,430Median DOM:11New:4Total:6
May 2026
Median Rent:$1,500Median DOM:38New:2Total:8
Jun 2026
Median Rent:$1,430Median DOM:28New:1Total:8
Jul 2026
Median Rent:$1,430Median DOM:71New:1Total:6
Aug 2026
Median Rent:$1,475Median DOM:51New:1Total:7

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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