ZIP 60172 Housing Market Report
Chicago Metro
Report period: August 2026
60172 Monthly Market Update – August 2026
ZIP 60172 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$425,000
−1.1%
Median DOM (Sales)
5
0.0%
New Listings (Sales)
20
−60.8%
Median Rent
$2,196
−0.5%
Median DOM (Rental)
1
0.0%
Total Rental Listings
79
−3.7%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($574,900 median)
Sales Market Overview
Median Price
$425,000
−1.1%
Median DOM
5
0.0%
New Listings
20
−60.8%
Inventory
102
0.0%
- Average Price: $484,288
- Median Price: $425,000
- Price Range: $99,500 – $2,900,000
- Price per Sq Ft (Avg/Median): $246 / $238
- Square Footage (Avg/Median): 1,814 / 1,710
- Square Footage Range: 739 – 3,895
- Days on Market (Avg/Median): 34 / 5
- Days on Market Range: 1 – 365
- New Listings: 20
- Total Listings: 102
Sales by Property Type
Condo
Avg/Median Price$285,300 / $295,000Range$175,000 – $385,000Price per Sq Ft$241 / $242Sq Ft1,180 / 1,194DOM22 / 5New4Total15
Land
Avg/Median Price$961,850 / $495,000Range$99,500 – $2,900,000Price per Sq Ft—Sq Ft—DOM176 / 166New1Total10
Single Family
Avg/Median Price$485,123 / $449,900Range$279,900 – $850,000Price per Sq Ft$251 / $238Sq Ft2,010 / 1,859DOM20 / 5New9Total56
Townhouse
Avg/Median Price$396,785 / $369,900Range$285,000 – $658,000Price per Sq Ft$237 / $232Sq Ft1,721 / 1,671DOM11 / 1New6Total21
Sales by Bedroom Count
1 Beds
Avg:$175,000Median:$175,000Range:$175,000 – $175,000PSF:$237 / $237Sq Ft:739 / 739DOM:125 / 125New:0Total:1
2 Beds
Avg:$312,946Median:$300,000Range:$199,900 – $434,900PSF:$240 / $244Sq Ft:1,301 / 1,271DOM:22 / 1New:5Total:24
3 Beds
Avg:$449,713Median:$437,500Range:$279,900 – $849,896PSF:$260 / $259Sq Ft:1,819 / 1,756DOM:11 / 2New:12Total:45
4 Beds
Avg:$506,183Median:$490,000Range:$319,000 – $799,000PSF:$229 / $223Sq Ft:2,218 / 2,230DOM:17 / 1New:2Total:18
5 Beds
Avg:$686,200Median:$574,900Range:$550,000 – $850,000PSF:$217 / $214Sq Ft:3,150 / 2,850DOM:54 / 17New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $175,000 | $175,000 | $175,000 – $175,000 | $237 / $237 | 739 / 739 | 125 / 125 | 0 | 1 |
| 2 Beds | $312,946 | $300,000 | $199,900 – $434,900 | $240 / $244 | 1,301 / 1,271 | 22 / 1 | 5 | 24 |
| 3 Beds | $449,713 | $437,500 | $279,900 – $849,896 | $260 / $259 | 1,819 / 1,756 | 11 / 2 | 12 | 45 |
| 4 Beds | $506,183 | $490,000 | $319,000 – $799,000 | $229 / $223 | 2,218 / 2,230 | 17 / 1 | 2 | 18 |
| 5 Beds | $686,200 | $574,900 | $550,000 – $850,000 | $217 / $214 | 3,150 / 2,850 | 54 / 17 | 0 | 4 |
Rental Market Overview
Median Rent
$2,196
−0.5%
Median DOM
1
0.0%
New Listings
30
Inventory
79
−3.7%
- Average Rent: $2,281
- Median Rent: $2,196
- Rent Range: $1,325 – $3,990
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,055 / 1,066
- Square Footage Range: 525 – 2,500
- Days on Market (Avg/Median): 8 / 1
- Days on Market Range: 1 – 120
- New Listings: 30
- Total Listings: 79
Rentals by Property Type
Apartment
$2,122
Median DOM: 1
Inventory: 53
MoM: −0.5%
Condo
$2,250
Median DOM: 1
Inventory: 7
MoM: −0.5%
Single Family
$2,325
Median DOM: 4
Inventory: 12
MoM: −0.5%
Townhouse
$2,500
Median DOM: 21
Inventory: 7
MoM: −0.5%
Apartment
Avg/Median Rent$2,188 / $2,122Range$1,325 – $2,995Rent per Sq Ft$3 / $3Sq Ft853 / 756DOM4 / 1New21Total53
Condo
Avg/Median Rent$2,214 / $2,250Range$1,500 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,441 / 1,271DOM13 / 1New4Total7
Single Family
Avg/Median Rent$2,570 / $2,325Range$1,600 – $3,990Rent per Sq Ft$2 / $2Sq Ft1,593 / 1,370DOM16 / 4New4Total12
Townhouse
Avg/Median Rent$2,556 / $2,500Range$2,250 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,486 / 1,412DOM21 / 21New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,917Median:$1,948Range:$1,325 – $2,078PSF:$4 / $4Sq Ft:533 / 525DOM:1 / 1New:6Total:12
1 Beds
Avg:$1,860Median:$1,695Range:$1,495 – $2,431PSF:$3 / $2Sq Ft:740 / 739DOM:3 / 1New:2Total:21
2 Beds
Avg:$2,474Median:$2,500Range:$1,600 – $2,995PSF:$2 / $2Sq Ft:1,181 / 1,125DOM:11 / 1New:17Total:35
3 Beds
Avg:$2,754Median:$2,550Range:$2,100 – $3,690PSF:$2 / $2Sq Ft:1,796 / 1,650DOM:14 / 5New:5Total:10
4 Beds
Avg:$3,990Median:$3,990Range:$3,990 – $3,990PSF:$2 / $2Sq Ft:2,500 / 2,500DOM:7 / 7New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,917 | $1,948 | $1,325 – $2,078 | $4 / $4 | 533 / 525 | 1 / 1 | 6 | 12 |
| 1 Beds | $1,860 | $1,695 | $1,495 – $2,431 | $3 / $2 | 740 / 739 | 3 / 1 | 2 | 21 |
| 2 Beds | $2,474 | $2,500 | $1,600 – $2,995 | $2 / $2 | 1,181 / 1,125 | 11 / 1 | 17 | 35 |
| 3 Beds | $2,754 | $2,550 | $2,100 – $3,690 | $2 / $2 | 1,796 / 1,650 | 14 / 5 | 5 | 10 |
| 4 Beds | $3,990 | $3,990 | $3,990 – $3,990 | $2 / $2 | 2,500 / 2,500 | 7 / 7 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$395,000Median DOM:13New:24Total:58
Apr 2026
Median Price:$439,900Median DOM:15New:27Total:65
May 2026
Median Price:$460,000Median DOM:11New:42Total:91
Jun 2026
Median Price:$449,000Median DOM:9New:35Total:104
Jul 2026
Median Price:$429,900Median DOM:5New:51Total:102
Aug 2026
Median Price:$425,000Median DOM:5New:20Total:102
6-Month Rental Trend
Mar 2026
Median Rent:$1,875Median DOM:9New:29Total:50
Apr 2026
Median Rent:$1,865Median DOM:2New:25Total:57
May 2026
Median Rent:$1,918Median DOM:1New:39Total:65
Jun 2026
Median Rent:$2,142Median DOM:1New:42Total:72
Jul 2026
Median Rent:$2,206Median DOM:1New:44Total:82
Aug 2026
Median Rent:$2,196Median DOM:1New:30Total:79
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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