ZIP 60171 Housing Market Report
Chicago Metro
Report period: August 2026
60171 Monthly Market Update – August 2026
ZIP 60171 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$329,000
−5.5%
Median DOM (Sales)
4
−42.9%
New Listings (Sales)
13
−18.8%
Median Rent
$2,600
−1.9%
Median DOM (Rental)
83
−8.8%
Total Rental Listings
53
+1.9%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (1 DOM)
- Fastest renting: Single Family (7 DOM)
- Strongest bedroom: 6 Beds ($699,000 median)
Sales Market Overview
Median Price
$329,000
−5.5%
Median DOM
4
−42.9%
New Listings
13
−18.8%
Inventory
40
+2.6%
- Average Price: $353,455
- Median Price: $329,000
- Price Range: $115,000 – $747,000
- Price per Sq Ft (Avg/Median): $246 / $242
- Square Footage (Avg/Median): 1,468 / 1,244
- Square Footage Range: 845 – 3,400
- Days on Market (Avg/Median): 21 / 4
- Days on Market Range: 1 – 130
- New Listings: 13
- Total Listings: 40
Sales by Property Type
Condo
Avg/Median Price$224,036 / $212,900Range$115,000 – $399,000Price per Sq Ft$210 / $211Sq Ft1,023 / 900DOM23 / 4New5Total14
Multi-Family
Avg/Median Price$713,500 / $680,000Range$680,000 – $747,000Price per Sq Ft—Sq Ft—DOM19 / 12New0Total2
Single Family
Avg/Median Price$398,946 / $349,900Range$235,000 – $699,000Price per Sq Ft$261 / $278Sq Ft1,643 / 1,522DOM20 / 1New8Total24
Sales by Bedroom Count
1 Beds
Avg:$149,467Median:$148,500Range:$115,000 – $184,900PSF:$190 / $165Sq Ft:880 / 860DOM:8 / 6New:1Total:3
2 Beds
Avg:$241,350Median:$224,900Range:$175,000 – $415,000PSF:$245 / $220Sq Ft:1,019 / 914DOM:15 / 4New:5Total:14
3 Beds
Avg:$412,785Median:$388,000Range:$290,000 – $565,000PSF:$264 / $247Sq Ft:1,621 / 1,439DOM:28 / 1New:5Total:13
4 Beds
Avg:$402,671Median:$419,900Range:$305,000 – $474,900PSF:$241 / $254Sq Ft:1,741 / 1,564DOM:28 / 24New:1Total:7
6 Beds
Avg:$723,000Median:$699,000Range:$699,000 – $747,000PSF:$206 / $206Sq Ft:3,400 / 3,400DOM:13 / 1New:1Total:2
8 Beds
Avg:$680,000Median:$680,000Range:$680,000 – $680,000PSF:—Sq Ft:—DOM:12 / 12New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $149,467 | $148,500 | $115,000 – $184,900 | $190 / $165 | 880 / 860 | 8 / 6 | 1 | 3 |
| 2 Beds | $241,350 | $224,900 | $175,000 – $415,000 | $245 / $220 | 1,019 / 914 | 15 / 4 | 5 | 14 |
| 3 Beds | $412,785 | $388,000 | $290,000 – $565,000 | $264 / $247 | 1,621 / 1,439 | 28 / 1 | 5 | 13 |
| 4 Beds | $402,671 | $419,900 | $305,000 – $474,900 | $241 / $254 | 1,741 / 1,564 | 28 / 24 | 1 | 7 |
| 6 Beds | $723,000 | $699,000 | $699,000 – $747,000 | $206 / $206 | 3,400 / 3,400 | 13 / 1 | 1 | 2 |
| 8 Beds | $680,000 | $680,000 | $680,000 – $680,000 | — | — | 12 / 12 | 0 | 1 |
Rental Market Overview
Median Rent
$2,600
−1.9%
Median DOM
83
−8.8%
New Listings
1
Inventory
53
+1.9%
- Average Rent: $2,937
- Median Rent: $2,600
- Rent Range: $1,250 – $5,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,355 / 1,236
- Square Footage Range: 400 – 2,400
- Days on Market (Avg/Median): 65 / 83
- Days on Market Range: 2 – 123
- New Listings: 1
- Total Listings: 53
Rentals by Property Type
Apartment
$1,450
Median DOM: 35
Inventory: 22
MoM: −1.9%
Condo
$3,150
Median DOM: 105
Inventory: 10
MoM: −1.9%
Single Family
$1,885
Median DOM: 7
Inventory: 7
MoM: −1.9%
Townhouse
$4,800
Median DOM: 91
Inventory: 14
MoM: −1.9%
Apartment
Avg/Median Rent$1,854 / $1,450Range$1,250 – $4,535Rent per Sq Ft$3 / $3Sq Ft837 / 580DOM41 / 35New1Total22
Condo
Avg/Median Rent$2,995 / $3,150Range$1,350 – $3,690Rent per Sq Ft$3 / $3Sq Ft1,157 / 1,236DOM83 / 105New0Total10
Single Family
Avg/Median Rent$2,160 / $1,885Range$1,300 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,281 / 1,100DOM13 / 7New0Total7
Townhouse
Avg/Median Rent$4,986 / $4,800Range$4,800 – $5,300Rent per Sq Ft$2 / $2Sq Ft2,200 / 2,200DOM98 / 91New0Total14
Rentals by Bedroom Count
Studio
Avg:$1,318Median:$1,300Range:$1,295 – $1,360PSF:$3 / $3Sq Ft:400 / 400DOM:35 / 35New:0Total:3
1 Beds
Avg:$1,534Median:$1,450Range:$1,250 – $2,460PSF:$3 / $3Sq Ft:576 / 580DOM:40 / 28New:1Total:15
2 Beds
Avg:$2,352Median:$1,885Range:$1,550 – $3,150PSF:$2 / $2Sq Ft:1,067 / 1,100DOM:35 / 30New:0Total:10
3 Beds
Avg:$3,049Median:$3,420Range:$2,000 – $3,690PSF:$2 / $3Sq Ft:1,555 / 1,336DOM:74 / 105New:0Total:9
4 Beds
Avg:$4,858Median:$4,800Range:$3,400 – $5,300PSF:$2 / $2Sq Ft:2,188 / 2,200DOM:98 / 91New:0Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,318 | $1,300 | $1,295 – $1,360 | $3 / $3 | 400 / 400 | 35 / 35 | 0 | 3 |
| 1 Beds | $1,534 | $1,450 | $1,250 – $2,460 | $3 / $3 | 576 / 580 | 40 / 28 | 1 | 15 |
| 2 Beds | $2,352 | $1,885 | $1,550 – $3,150 | $2 / $2 | 1,067 / 1,100 | 35 / 30 | 0 | 10 |
| 3 Beds | $3,049 | $3,420 | $2,000 – $3,690 | $2 / $3 | 1,555 / 1,336 | 74 / 105 | 0 | 9 |
| 4 Beds | $4,858 | $4,800 | $3,400 – $5,300 | $2 / $2 | 2,188 / 2,200 | 98 / 91 | 0 | 16 |
6-Month Sales Trend
Mar 2026
Median Price:$309,900Median DOM:20New:18Total:37
Apr 2026
Median Price:$349,900Median DOM:21New:15Total:39
May 2026
Median Price:$350,000Median DOM:13New:17Total:44
Jun 2026
Median Price:$349,900Median DOM:13New:15Total:38
Jul 2026
Median Price:$348,000Median DOM:7New:16Total:39
Aug 2026
Median Price:$329,000Median DOM:4New:13Total:40
6-Month Rental Trend
Mar 2026
Median Rent:$2,875Median DOM:20New:33Total:93
Apr 2026
Median Rent:$2,900Median DOM:20New:40Total:98
May 2026
Median Rent:$2,800Median DOM:39New:6Total:79
Jun 2026
Median Rent:$2,650Median DOM:53New:10Total:63
Jul 2026
Median Rent:$2,650Median DOM:91New:11Total:52
Aug 2026
Median Rent:$2,600Median DOM:83New:1Total:53
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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