ZIP 60172 Housing Market Report
Chicago Metro
Report period: May 2026
60172 Monthly Market Update – May 2026
ZIP 60172 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$449,990
+2.3%
Median DOM (Sales)
9
−40.0%
New Listings (Sales)
19
−29.6%
Median Rent
$1,865
0.0%
Median DOM (Rental)
2
0.0%
Total Rental Listings
56
−1.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($649,000 median)
Sales Market Overview
Median Price
$449,990
+2.3%
Median DOM
9
−40.0%
New Listings
19
−29.6%
Inventory
80
+23.1%
- Average Price: $506,065
- Median Price: $449,990
- Price Range: $175,000 – $2,025,000
- Price per Sq Ft (Avg/Median): $264 / $251
- Square Footage (Avg/Median): 1,903 / 1,828
- Square Footage Range: 684 – 4,349
- Days on Market (Avg/Median): 42 / 9
- Days on Market Range: 2 – 324
- New Listings: 19
- Total Listings: 80
Sales by Property Type
Condo
Avg/Median Price$271,749 / $265,000Range$175,000 – $390,000Price per Sq Ft$258 / $256Sq Ft1,057 / 1,105DOM14 / 9New2Total16
Land
Avg/Median Price$783,612 / $500,000Range$295,000 – $2,025,000Price per Sq Ft—Sq Ft—DOM187 / 109New0Total8
Multi-Family
Avg/Median Price$590,000 / $590,000Range$590,000 – $590,000Price per Sq Ft—Sq Ft—DOM30 / 30New0Total1
Single Family
Avg/Median Price$568,343 / $499,900Range$310,000 – $1,295,000Price per Sq Ft$268 / $251Sq Ft2,251 / 2,219DOM25 / 8New15Total44
Townhouse
Avg/Median Price$388,291 / $395,000Range$249,900 – $519,900Price per Sq Ft$252 / $246Sq Ft1,541 / 1,671DOM45 / 8New2Total11
Sales by Bedroom Count
1 Beds
Avg:$202,500Median:$190,000Range:$175,000 – $225,000PSF:$265 / $256Sq Ft:765 / 739DOM:16 / 9New:1Total:4
2 Beds
Avg:$313,935Median:$285,000Range:$249,000 – $489,000PSF:$258 / $256Sq Ft:1,211 / 1,105DOM:29 / 10New:1Total:17
3 Beds
Avg:$472,490Median:$449,990Range:$289,900 – $799,900PSF:$277 / $251Sq Ft:1,813 / 1,828DOM:28 / 7New:9Total:31
4 Beds
Avg:$630,662Median:$597,000Range:$389,000 – $859,900PSF:$251 / $251Sq Ft:2,539 / 2,475DOM:23 / 6New:7Total:13
5 Beds
Avg:$772,267Median:$649,000Range:$499,900 – $1,295,000PSF:$234 / $222Sq Ft:3,244 / 2,852DOM:16 / 9New:1Total:6
6 Beds
Avg:$590,000Median:$590,000Range:$590,000 – $590,000PSF:—Sq Ft:—DOM:30 / 30New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $202,500 | $190,000 | $175,000 – $225,000 | $265 / $256 | 765 / 739 | 16 / 9 | 1 | 4 |
| 2 Beds | $313,935 | $285,000 | $249,000 – $489,000 | $258 / $256 | 1,211 / 1,105 | 29 / 10 | 1 | 17 |
| 3 Beds | $472,490 | $449,990 | $289,900 – $799,900 | $277 / $251 | 1,813 / 1,828 | 28 / 7 | 9 | 31 |
| 4 Beds | $630,662 | $597,000 | $389,000 – $859,900 | $251 / $251 | 2,539 / 2,475 | 23 / 6 | 7 | 13 |
| 5 Beds | $772,267 | $649,000 | $499,900 – $1,295,000 | $234 / $222 | 3,244 / 2,852 | 16 / 9 | 1 | 6 |
| 6 Beds | $590,000 | $590,000 | $590,000 – $590,000 | — | — | 30 / 30 | 0 | 1 |
Rental Market Overview
Median Rent
$1,865
0.0%
Median DOM
2
0.0%
New Listings
15
Inventory
56
−1.8%
- Average Rent: $1,961
- Median Rent: $1,865
- Rent Range: $1,200 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,078 / 1,135
- Square Footage Range: 525 – 2,065
- Days on Market (Avg/Median): 23 / 2
- Days on Market Range: 1 – 271
- New Listings: 15
- Total Listings: 56
Rentals by Property Type
Apartment
$1,570
Median DOM: 1
Inventory: 29
MoM: 0.0%
Condo
$1,875
Median DOM: 32
Inventory: 10
MoM: 0.0%
Single Family
$2,250
Median DOM: 3
Inventory: 10
MoM: 0.0%
Townhouse
$2,400
Median DOM: 16
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$1,685 / $1,570Range$1,325 – $2,387Rent per Sq Ft$2 / $2Sq Ft889 / 756DOM5 / 1New12Total29
Condo
Avg/Median Rent$2,018 / $1,875Range$1,450 – $2,627Rent per Sq Ft$2 / $2Sq Ft1,081 / 1,100DOM50 / 32New0Total10
Multi-Family
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,575 / 1,575DOM50 / 50New0Total1
Single Family
Avg/Median Rent$2,270 / $2,250Range$1,200 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,312 / 1,343DOM15 / 3New2Total10
Townhouse
Avg/Median Rent$2,599 / $2,400Range$1,895 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,512 / 1,500DOM60 / 16New1Total6
Rentals by Bedroom Count
Studio
Avg:$1,444Median:$1,325Range:$1,325 – $1,918PSF:$3 / $3Sq Ft:525 / 525DOM:1 / 1New:2Total:5
1 Beds
Avg:$1,528Median:$1,495Range:$1,450 – $1,695PSF:$2 / $2Sq Ft:770 / 756DOM:7 / 1New:8Total:15
2 Beds
Avg:$2,062Median:$1,895Range:$1,700 – $2,700PSF:$2 / $2Sq Ft:1,182 / 1,196DOM:34 / 9New:5Total:25
3 Beds
Avg:$2,464Median:$2,500Range:$1,200 – $3,400PSF:$2 / $2Sq Ft:1,491 / 1,372DOM:21 / 9New:0Total:10
5 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$2 / $2Sq Ft:1,811 / 1,811DOM:62 / 62New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,444 | $1,325 | $1,325 – $1,918 | $3 / $3 | 525 / 525 | 1 / 1 | 2 | 5 |
| 1 Beds | $1,528 | $1,495 | $1,450 – $1,695 | $2 / $2 | 770 / 756 | 7 / 1 | 8 | 15 |
| 2 Beds | $2,062 | $1,895 | $1,700 – $2,700 | $2 / $2 | 1,182 / 1,196 | 34 / 9 | 5 | 25 |
| 3 Beds | $2,464 | $2,500 | $1,200 – $3,400 | $2 / $2 | 1,491 / 1,372 | 21 / 9 | 0 | 10 |
| 5 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $2 / $2 | 1,811 / 1,811 | 62 / 62 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$375,000Median DOM:42New:11Total:76
Jan 2026
Median Price:$380,000Median DOM:36New:16Total:67
Feb 2026
Median Price:$399,000Median DOM:24New:13Total:47
Mar 2026
Median Price:$395,000Median DOM:13New:24Total:58
Apr 2026
Median Price:$439,900Median DOM:15New:27Total:65
May 2026
Median Price:$449,990Median DOM:9New:19Total:80
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:36New:10Total:33
Jan 2026
Median Rent:$2,000Median DOM:21New:23Total:40
Feb 2026
Median Rent:$1,900Median DOM:23New:18Total:45
Mar 2026
Median Rent:$1,875Median DOM:9New:29Total:50
Apr 2026
Median Rent:$1,865Median DOM:2New:25Total:57
May 2026
Median Rent:$1,865Median DOM:2New:15Total:56
Key Market Takeaways
Median sale prices moved higher 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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