ZIP 60173 Housing Market Report

Chicago Metro

Report period: May 2026

60173 Monthly Market Update – May 2026

ZIP 60173 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$512,000
0.0%
Median DOM (Sales)
15
−16.7%
New Listings (Sales)
12
−42.9%
Median Rent
$2,396
+2.1%
Median DOM (Rental)
28
+12.0%
Total Rental Listings
57
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents moved higher.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Condo (9 DOM)
  • Strongest bedroom: 4 Beds ($820,000 median)

Sales Market Overview

Median Price
$512,000
0.0%
Median DOM
15
−16.7%
New Listings
12
−42.9%
Inventory
51
+6.3%
  • Average Price: $483,388
  • Median Price: $512,000
  • Price Range: $169,900 – $1,199,999
  • Price per Sq Ft (Avg/Median): $270 / $280
  • Square Footage (Avg/Median): 1,802 / 1,782
  • Square Footage Range: 528 – 5,451
  • Days on Market (Avg/Median): 36 / 15
  • Days on Market Range: 3 – 295
  • New Listings: 12
  • Total Listings: 51

Sales by Property Type

Condo
Avg/Median Price$231,233 / $220,000Range$169,900 – $345,000Price per Sq Ft$222 / $210Sq Ft1,084 / 1,050DOM37 / 20New3Total15
Single Family
Avg/Median Price$839,625 / $810,000Range$499,000 – $1,199,999Price per Sq Ft$272 / $236Sq Ft3,201 / 2,500DOM55 / 7New0Total8
Townhouse
Avg/Median Price$516,689 / $549,990Range$279,000 – $649,000Price per Sq Ft$294 / $305Sq Ft1,760 / 1,827DOM30 / 11New9Total28

Sales by Bedroom Count

Studio
Avg:$169,900Median:$169,900Range:$169,900 – $169,900PSF:$322 / $322Sq Ft:528 / 528DOM:5 / 5New:0Total:1
1 Beds
Avg:$184,533Median:$185,000Range:$178,900 – $189,700PSF:$219 / $211Sq Ft:850 / 900DOM:38 / 20New:0Total:3
2 Beds
Avg:$311,159Median:$279,000Range:$208,000 – $520,000PSF:$234 / $217Sq Ft:1,368 / 1,282DOM:44 / 23New:2Total:17
3 Beds
Avg:$540,069Median:$559,990Range:$345,000 – $649,000PSF:$298 / $309Sq Ft:1,810 / 1,827DOM:25 / 11New:10Total:23
4 Beds
Avg:$888,286Median:$820,000Range:$675,000 – $1,199,999PSF:$277 / $261Sq Ft:3,357 / 3,157DOM:57 / 7New:0Total:7

Rental Market Overview

Median Rent
$2,396
+2.1%
Median DOM
28
+12.0%
New Listings
4
Inventory
57
0.0%
  • Average Rent: $2,526
  • Median Rent: $2,396
  • Rent Range: $1,315 – $4,200
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,082 / 950
  • Square Footage Range: 392 – 2,800
  • Days on Market (Avg/Median): 38 / 28
  • Days on Market Range: 3 – 211
  • New Listings: 4
  • Total Listings: 57

Rentals by Property Type

Apartment
$2,341
Median DOM: 31
Inventory: 33
MoM: +2.1%
Condo
$1,600
Median DOM: 9
Inventory: 7
MoM: +2.1%
Single Family
$3,000
Median DOM: 21
Inventory: 5
MoM: +2.1%
Townhouse
$3,000
Median DOM: 37
Inventory: 12
MoM: +2.1%
Apartment
Avg/Median Rent$2,400 / $2,341Range$1,315 – $3,382Rent per Sq Ft$3 / $3Sq Ft827 / 785DOM34 / 31New3Total33
Condo
Avg/Median Rent$1,744 / $1,600Range$1,500 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,017 / 950DOM46 / 9New1Total7
Single Family
Avg/Median Rent$3,220 / $3,000Range$2,400 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,758 / 1,556DOM29 / 21New0Total5
Townhouse
Avg/Median Rent$3,040 / $3,000Range$2,046 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,578 / 1,579DOM50 / 37New0Total12

Rentals by Bedroom Count

Studio
Avg:$1,628Median:$1,522Range:$1,315 – $2,046PSF:$3 / $3Sq Ft:499 / 528DOM:New:0Total:3
1 Beds
Avg:$2,126Median:$2,280Range:$1,500 – $2,730PSF:$3 / $3Sq Ft:764 / 760DOM:29 / 31New:3Total:27
2 Beds
Avg:$2,790Median:$2,941Range:$1,850 – $3,382PSF:$2 / $3Sq Ft:1,235 / 1,130DOM:41 / 21New:1Total:16
3 Beds
Avg:$3,284Median:$3,495Range:$2,750 – $3,750PSF:$2 / $2Sq Ft:1,713 / 1,782DOM:55 / 46New:0Total:10
4 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$2 / $2Sq Ft:2,800 / 2,800DOM:21 / 21New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$249,900Median DOM:42New:2Total:35
Jan 2026
Median Price:$284,000Median DOM:51New:3Total:27
Feb 2026
Median Price:$369,900Median DOM:9New:16Total:27
Mar 2026
Median Price:$399,900Median DOM:13New:23Total:42
Apr 2026
Median Price:$512,000Median DOM:18New:21Total:48
May 2026
Median Price:$512,000Median DOM:15New:12Total:51

6-Month Rental Trend

Dec 2025
Median Rent:$2,239Median DOM:46New:33Total:139
Jan 2026
Median Rent:$2,250Median DOM:46New:17Total:127
Feb 2026
Median Rent:$2,334Median DOM:44New:14Total:116
Mar 2026
Median Rent:$2,448Median DOM:27New:13Total:57
Apr 2026
Median Rent:$2,346Median DOM:25New:16Total:57
May 2026
Median Rent:$2,396Median DOM:28New:4Total:57

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.

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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