ZIP 60181 Housing Market Report

Chicago Metro

Report period: August 2026

60181 Monthly Market Update – August 2026

ZIP 60181 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$375,000
−6.0%
Median DOM (Sales)
3
−25.0%
New Listings (Sales)
27
−32.5%
Median Rent
$2,320
+0.9%
Median DOM (Rental)
1
0.0%
Total Rental Listings
217
+1.9%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($669,900 median)

Sales Market Overview

Median Price
$375,000
−6.0%
Median DOM
3
−25.0%
New Listings
27
−32.5%
Inventory
82
+2.5%
  • Average Price: $465,328
  • Median Price: $375,000
  • Price Range: $99,995 – $2,500,000
  • Price per Sq Ft (Avg/Median): $263 / $257
  • Square Footage (Avg/Median): 1,658 / 1,484
  • Square Footage Range: 660 – 5,020
  • Days on Market (Avg/Median): 25 / 3
  • Days on Market Range: 1 – 360
  • New Listings: 27
  • Total Listings: 82

Sales by Property Type

Condo
Avg/Median Price$316,775 / $305,000Range$144,900 – $545,000Price per Sq Ft$237 / $220Sq Ft1,324 / 1,463DOM16 / 1New4Total8
Land
Avg/Median Price$1,003,982 / $300,000Range$99,995 – $2,500,000Price per Sq FtSq FtDOM190 / 141New1Total6
Multi-Family
Avg/Median Price$525,000 / $525,000Range$525,000 – $525,000Price per Sq FtSq FtDOM4 / 4New0Total1
Single Family
Avg/Median Price$465,861 / $434,900Range$239,999 – $1,150,000Price per Sq Ft$276 / $281Sq Ft1,793 / 1,500DOM15 / 1New22Total56
Townhouse
Avg/Median Price$271,418 / $265,000Range$215,000 – $399,900Price per Sq Ft$217 / $223Sq Ft1,212 / 1,176DOM24 / 7New0Total11

Sales by Bedroom Count

1 Beds
Avg:$234,900Median:$234,900Range:$234,900 – $234,900PSF:$257 / $257Sq Ft:915 / 915DOM:1 / 1New:0Total:1
2 Beds
Avg:$289,557Median:$269,990Range:$144,900 – $524,900PSF:$266 / $239Sq Ft:1,111 / 1,054DOM:13 / 1New:7Total:19
3 Beds
Avg:$401,594Median:$399,000Range:$259,000 – $579,900PSF:$273 / $264Sq Ft:1,512 / 1,413DOM:15 / 6New:11Total:35
4 Beds
Avg:$549,270Median:$499,900Range:$349,750 – $999,900PSF:$250 / $253Sq Ft:2,266 / 1,680DOM:9 / 1New:5Total:15
5 Beds
Avg:$715,340Median:$669,900Range:$497,000 – $1,150,000PSF:$233 / $221Sq Ft:3,122 / 3,174DOM:62 / 1New:3Total:5
6 Beds
Avg:$525,000Median:$525,000Range:$525,000 – $525,000PSF:Sq Ft:DOM:4 / 4New:0Total:1

Rental Market Overview

Median Rent
$2,320
+0.9%
Median DOM
1
0.0%
New Listings
129
Inventory
217
+1.9%
  • Average Rent: $2,364
  • Median Rent: $2,320
  • Rent Range: $850 – $4,400
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 932 / 900
  • Square Footage Range: 382 – 2,800
  • Days on Market (Avg/Median): 6 / 1
  • Days on Market Range: 1 – 203
  • New Listings: 129
  • Total Listings: 217

Rentals by Property Type

Apartment
$2,250
Median DOM: 1
Inventory: 190
MoM: +0.9%
Condo
$1,550
Median DOM: 1
Inventory: 4
MoM: +0.9%
Single Family
$2,649
Median DOM: 1
Inventory: 22
MoM: +0.9%
Townhouse
$2,400
Median DOM: 1
Inventory: 1
MoM: +0.9%
Apartment
Avg/Median Rent$2,336 / $2,250Range$1,375 – $4,230Rent per Sq Ft$3 / $3Sq Ft879 / 848DOM4 / 1New124Total190
Condo
Avg/Median Rent$1,950 / $1,550Range$1,550 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,020 / 800DOM25 / 1New2Total4
Single Family
Avg/Median Rent$2,679 / $2,649Range$850 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,366 / 1,307DOM19 / 1New3Total22
Townhouse
Avg/Median Rent$2,400 / $2,400Range$2,400 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,414 / 1,414DOM1 / 1New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,697Median:$1,707Range:$1,592 – $1,764PSF:$3 / $3Sq Ft:497 / 517DOM:1 / 1New:9Total:20
1 Beds
Avg:$2,087Median:$2,080Range:$1,375 – $2,905PSF:$3 / $3Sq Ft:762 / 698DOM:9 / 1New:59Total:92
2 Beds
Avg:$2,604Median:$2,679Range:$1,550 – $3,750PSF:$3 / $2Sq Ft:1,045 / 1,045DOM:2 / 1New:51Total:66
3 Beds
Avg:$2,959Median:$2,886Range:$850 – $4,400PSF:$2 / $2Sq Ft:1,376 / 1,241DOM:8 / 1New:10Total:37
4 Beds
Avg:$2,872Median:$2,745Range:$2,745 – $3,000PSF:$2 / $2Sq Ft:1,363 / 1,307DOM:8 / 1New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$369,900Median DOM:13New:31Total:71
Apr 2026
Median Price:$399,900Median DOM:11New:31Total:77
May 2026
Median Price:$365,000Median DOM:7New:28Total:82
Jun 2026
Median Price:$379,000Median DOM:7New:34Total:83
Jul 2026
Median Price:$399,000Median DOM:4New:40Total:80
Aug 2026
Median Price:$375,000Median DOM:3New:27Total:82

6-Month Rental Trend

Mar 2026
Median Rent:$2,338Median DOM:1New:121Total:166
Apr 2026
Median Rent:$2,301Median DOM:1New:133Total:191
May 2026
Median Rent:$2,323Median DOM:1New:134Total:196
Jun 2026
Median Rent:$2,301Median DOM:1New:151Total:198
Jul 2026
Median Rent:$2,300Median DOM:1New:158Total:213
Aug 2026
Median Rent:$2,320Median DOM:1New:129Total:217

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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