ZIP 60171 Housing Market Report
Chicago Metro
Report period: May 2026
60171 Monthly Market Update – May 2026
ZIP 60171 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$339,000
−3.1%
Median DOM (Sales)
17
−19.0%
New Listings (Sales)
4
−73.3%
Median Rent
$2,900
0.0%
Median DOM (Rental)
26
+30.0%
Total Rental Listings
87
−11.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (13 DOM)
- Fastest renting: Condo (20 DOM)
- Strongest bedroom: 6 Beds ($859,900 median)
Sales Market Overview
Median Price
$339,000
−3.1%
Median DOM
17
−19.0%
New Listings
4
−73.3%
Inventory
44
+12.8%
- Average Price: $347,648
- Median Price: $339,000
- Price Range: $114,900 – $859,900
- Price per Sq Ft (Avg/Median): $244 / $230
- Square Footage (Avg/Median): 1,490 / 1,360
- Square Footage Range: 600 – 3,000
- Days on Market (Avg/Median): 38 / 17
- Days on Market Range: 3 – 279
- New Listings: 4
- Total Listings: 44
Sales by Property Type
Condo
Avg/Median Price$198,788 / $170,000Range$114,900 – $409,000Price per Sq Ft$219 / $218Sq Ft891 / 900DOM35 / 13New2Total17
Multi-Family
Avg/Median Price$769,950 / $680,000Range$680,000 – $859,900Price per Sq Ft—Sq Ft—DOM101 / 16New0Total2
Single Family
Avg/Median Price$415,088 / $399,000Range$280,000 – $689,000Price per Sq Ft$255 / $230Sq Ft1,764 / 1,677DOM34 / 17New2Total25
Sales by Bedroom Count
1 Beds
Avg:$147,950Median:$139,000Range:$114,900 – $185,000PSF:$210 / $214Sq Ft:780 / 850DOM:42 / 33New:0Total:8
2 Beds
Avg:$252,200Median:$220,000Range:$162,500 – $404,900PSF:$243 / $222Sq Ft:1,126 / 900DOM:20 / 13New:1Total:12
3 Beds
Avg:$413,570Median:$394,900Range:$280,000 – $689,000PSF:$277 / $234Sq Ft:1,618 / 1,600DOM:23 / 11New:1Total:10
4 Beds
Avg:$444,627Median:$440,000Range:$350,000 – $529,000PSF:$240 / $230Sq Ft:1,933 / 2,055DOM:54 / 17New:2Total:11
5 Beds
Avg:$520,000Median:$520,000Range:$520,000 – $520,000PSF:$188 / $188Sq Ft:2,770 / 2,770DOM:25 / 25New:0Total:1
6 Beds
Avg:$859,900Median:$859,900Range:$859,900 – $859,900PSF:—Sq Ft:—DOM:185 / 185New:0Total:1
8 Beds
Avg:$680,000Median:$680,000Range:$680,000 – $680,000PSF:—Sq Ft:—DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $147,950 | $139,000 | $114,900 – $185,000 | $210 / $214 | 780 / 850 | 42 / 33 | 0 | 8 |
| 2 Beds | $252,200 | $220,000 | $162,500 – $404,900 | $243 / $222 | 1,126 / 900 | 20 / 13 | 1 | 12 |
| 3 Beds | $413,570 | $394,900 | $280,000 – $689,000 | $277 / $234 | 1,618 / 1,600 | 23 / 11 | 1 | 10 |
| 4 Beds | $444,627 | $440,000 | $350,000 – $529,000 | $240 / $230 | 1,933 / 2,055 | 54 / 17 | 2 | 11 |
| 5 Beds | $520,000 | $520,000 | $520,000 – $520,000 | $188 / $188 | 2,770 / 2,770 | 25 / 25 | 0 | 1 |
| 6 Beds | $859,900 | $859,900 | $859,900 – $859,900 | — | — | 185 / 185 | 0 | 1 |
| 8 Beds | $680,000 | $680,000 | $680,000 – $680,000 | — | — | 16 / 16 | 0 | 1 |
Rental Market Overview
Median Rent
$2,900
0.0%
Median DOM
26
+30.0%
New Listings
3
Inventory
87
−11.2%
- Average Rent: $2,998
- Median Rent: $2,900
- Rent Range: $1,195 – $5,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,469 / 1,336
- Square Footage Range: 450 – 2,400
- Days on Market (Avg/Median): 49 / 26
- Days on Market Range: 3 – 319
- New Listings: 3
- Total Listings: 87
Rentals by Property Type
Apartment
$1,450
Median DOM: 21
Inventory: 24
MoM: 0.0%
Condo
$2,750
Median DOM: 20
Inventory: 35
MoM: 0.0%
Single Family
$2,875
Median DOM: 55
Inventory: 8
MoM: 0.0%
Townhouse
$4,800
Median DOM: 26
Inventory: 20
MoM: 0.0%
Apartment
Avg/Median Rent$1,798 / $1,450Range$1,195 – $4,650Rent per Sq Ft$2 / $2Sq Ft905 / 600DOM72 / 21New2Total24
Condo
Avg/Median Rent$2,812 / $2,750Range$1,850 – $3,690Rent per Sq Ft$3 / $3Sq Ft1,202 / 1,236DOM26 / 20New0Total35
Single Family
Avg/Median Rent$2,556 / $2,875Range$1,500 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,479 / 1,500DOM99 / 55New1Total8
Townhouse
Avg/Median Rent$4,942 / $4,800Range$4,500 – $5,300Rent per Sq Ft$2 / $2Sq Ft2,200 / 2,200DOM50 / 26New0Total20
Rentals by Bedroom Count
Studio
Avg:$1,290Median:$1,300Range:$1,195 – $1,375PSF:$3 / $3Sq Ft:450 / 450DOM:40 / 40New:0Total:3
1 Beds
Avg:$1,547Median:$1,450Range:$1,250 – $2,000PSF:$2 / $3Sq Ft:587 / 600DOM:54 / 20New:3Total:19
2 Beds
Avg:$2,614Median:$2,700Range:$1,400 – $3,150PSF:$2 / $3Sq Ft:1,081 / 1,148DOM:30 / 17New:0Total:31
3 Beds
Avg:$3,301Median:$3,420Range:$2,875 – $3,690PSF:$2 / $3Sq Ft:1,557 / 1,336DOM:43 / 40New:0Total:11
4 Beds
Avg:$4,793Median:$4,800Range:$3,350 – $5,300PSF:$2 / $2Sq Ft:2,183 / 2,200DOM:71 / 34New:0Total:23
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,290 | $1,300 | $1,195 – $1,375 | $3 / $3 | 450 / 450 | 40 / 40 | 0 | 3 |
| 1 Beds | $1,547 | $1,450 | $1,250 – $2,000 | $2 / $3 | 587 / 600 | 54 / 20 | 3 | 19 |
| 2 Beds | $2,614 | $2,700 | $1,400 – $3,150 | $2 / $3 | 1,081 / 1,148 | 30 / 17 | 0 | 31 |
| 3 Beds | $3,301 | $3,420 | $2,875 – $3,690 | $2 / $3 | 1,557 / 1,336 | 43 / 40 | 0 | 11 |
| 4 Beds | $4,793 | $4,800 | $3,350 – $5,300 | $2 / $2 | 2,183 / 2,200 | 71 / 34 | 0 | 23 |
6-Month Sales Trend
Dec 2025
Median Price:$294,000Median DOM:56New:11Total:47
Jan 2026
Median Price:$254,900Median DOM:42New:10Total:42
Feb 2026
Median Price:$254,900Median DOM:30New:7Total:32
Mar 2026
Median Price:$309,900Median DOM:20New:18Total:37
Apr 2026
Median Price:$349,900Median DOM:21New:15Total:39
May 2026
Median Price:$339,000Median DOM:17New:4Total:44
6-Month Rental Trend
Dec 2025
Median Rent:$2,650Median DOM:31New:15Total:51
Jan 2026
Median Rent:$2,550Median DOM:12New:40Total:69
Feb 2026
Median Rent:$2,650Median DOM:18New:35Total:79
Mar 2026
Median Rent:$2,875Median DOM:20New:33Total:93
Apr 2026
Median Rent:$2,900Median DOM:20New:40Total:98
May 2026
Median Rent:$2,900Median DOM:26New:3Total:87
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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