ZIP 60163 Housing Market Report

Chicago Metro

Report period: May 2026

60163 Monthly Market Update – May 2026

ZIP 60163 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$345,000
−1.4%
Median DOM (Sales)
17
0.0%
New Listings (Sales)
0
−100.0%
Median Rent
$1,500
0.0%
Median DOM (Rental)
6
+50.0%
Total Rental Listings
3
+50.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (17 DOM)
  • Fastest renting: Apartment (6 DOM)
  • Strongest bedroom: 7 Beds ($499,999 median)

Sales Market Overview

Median Price
$345,000
−1.4%
Median DOM
17
0.0%
New Listings
0
−100.0%
Inventory
14
+7.7%
  • Average Price: $343,086
  • Median Price: $345,000
  • Price Range: $189,900 – $499,999
  • Price per Sq Ft (Avg/Median): $245 / $268
  • Square Footage (Avg/Median): 1,447 / 1,354
  • Square Footage Range: 949 – 2,400
  • Days on Market (Avg/Median): 45 / 17
  • Days on Market Range: 5 – 296
  • New Listings: 0
  • Total Listings: 14

Sales by Property Type

Multi-Family
Avg/Median Price$499,999 / $499,999Range$499,999 – $499,999Price per Sq FtSq FtDOM296 / 296New0Total1
Single Family
Avg/Median Price$331,015 / $345,000Range$189,900 – $429,000Price per Sq Ft$245 / $268Sq Ft1,447 / 1,354DOM26 / 17New0Total13

Sales by Bedroom Count

2 Beds
Avg:$300,300Median:$289,900Range:$265,999 – $345,000PSF:$287 / $280Sq Ft:1,051 / 950DOM:24 / 17New:0Total:3
3 Beds
Avg:$340,750Median:$344,999Range:$289,900 – $389,900PSF:$273 / $268Sq Ft:1,278 / 1,080DOM:31 / 19New:0Total:6
4 Beds
Avg:$389,300Median:$389,000Range:$349,900 – $429,000PSF:$191 / $179Sq Ft:2,065 / 2,168DOM:26 / 17New:0Total:3
5 Beds
Avg:$189,900Median:$189,900Range:$189,900 – $189,900PSF:$106 / $106Sq Ft:1,800 / 1,800DOM:5 / 5New:0Total:1
7 Beds
Avg:$499,999Median:$499,999Range:$499,999 – $499,999PSF:Sq Ft:DOM:296 / 296New:0Total:1

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
6
+50.0%
New Listings
1
Inventory
3
+50.0%
  • Average Rent: $1,750
  • Median Rent: $1,500
  • Rent Range: $1,250 – $2,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 823 / 820
  • Square Footage Range: 650 – 1,000
  • Days on Market (Avg/Median): 9 / 6
  • Days on Market Range: 6 – 11
  • New Listings: 1
  • Total Listings: 3

Rentals by Property Type

Apartment
$1,250
Median DOM: 6
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,500
Median DOM: 11
Inventory: 2
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,250 / $1,250Range$1,250 – $1,250Rent per Sq Ft$2 / $2Sq Ft650 / 650DOM6 / 6New1Total1
Single Family
Avg/Median Rent$2,000 / $1,500Range$1,500 – $2,500Rent per Sq Ft$2 / $2Sq Ft910 / 820DOM11 / 11New0Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,375Median:$1,250Range:$1,250 – $1,500PSF:$2 / $2Sq Ft:735 / 650DOM:6 / 6New:1Total:2
2 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$3 / $3Sq Ft:1,000 / 1,000DOM:11 / 11New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$318,000Median DOM:46New:4Total:25
Jan 2026
Median Price:$290,000Median DOM:56New:3Total:20
Feb 2026
Median Price:$325,000Median DOM:49New:3Total:11
Mar 2026
Median Price:$340,000Median DOM:38New:3Total:11
Apr 2026
Median Price:$349,900Median DOM:17New:7Total:13
May 2026
Median Price:$345,000Median DOM:17New:0Total:14

6-Month Rental Trend

Dec 2025
Median Rent:$1,565Median DOM:8New:2Total:3
Jan 2026
Median Rent:$1,565Median DOM:8New:0Total:3
Feb 2026
Median Rent:$3,000Median DOM:113New:0Total:1
Mar 2026
Median Rent:$1,500Median DOM:113New:0Total:2
Apr 2026
Median Rent:$1,500Median DOM:4New:1Total:2
May 2026
Median Rent:$1,500Median DOM:6New:1Total:3

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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