ZIP 60188 Housing Market Report
Chicago Metro
Report period: August 2026
60188 Monthly Market Update – August 2026
ZIP 60188 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$369,000
−0.8%
Median DOM (Sales)
4
−20.0%
New Listings (Sales)
31
−45.6%
Median Rent
$1,808
+1.4%
Median DOM (Rental)
1
0.0%
Total Rental Listings
142
−2.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($800,000 median)
Sales Market Overview
Median Price
$369,000
−0.8%
Median DOM
4
−20.0%
New Listings
31
−45.6%
Inventory
125
+3.3%
- Average Price: $388,524
- Median Price: $369,000
- Price Range: $125,000 – $2,000,000
- Price per Sq Ft (Avg/Median): $232 / $229
- Square Footage (Avg/Median): 1,655 / 1,499
- Square Footage Range: 776 – 3,826
- Days on Market (Avg/Median): 18 / 4
- Days on Market Range: 1 – 124
- New Listings: 31
- Total Listings: 125
Sales by Property Type
Condo
Avg/Median Price$214,871 / $197,000Range$149,900 – $345,000Price per Sq Ft$217 / $213Sq Ft984 / 981DOM26 / 4New8Total28
Land
Avg/Median Price$1,062,500 / $125,000Range$125,000 – $2,000,000Price per Sq Ft—Sq Ft—DOM29 / 2New1Total2
Single Family
Avg/Median Price$486,781 / $434,900Range$270,000 – $829,000Price per Sq Ft$246 / $239Sq Ft2,049 / 1,936DOM11 / 4New14Total58
Townhouse
Avg/Median Price$329,480 / $315,000Range$239,999 – $456,990Price per Sq Ft$220 / $214Sq Ft1,526 / 1,402DOM21 / 5New8Total37
Sales by Bedroom Count
1 Beds
Avg:$173,575Median:$159,900Range:$149,900 – $215,000PSF:$218 / $206Sq Ft:798 / 776DOM:36 / 3New:2Total:4
2 Beds
Avg:$255,748Median:$249,900Range:$169,900 – $456,990PSF:$226 / $221Sq Ft:1,116 / 1,000DOM:20 / 4New:9Total:37
3 Beds
Avg:$381,026Median:$379,900Range:$249,000 – $575,000PSF:$230 / $227Sq Ft:1,691 / 1,666DOM:15 / 4New:10Total:53
4 Beds
Avg:$546,039Median:$520,000Range:$300,000 – $829,000PSF:$246 / $236Sq Ft:2,276 / 2,282DOM:17 / 5New:9Total:28
5 Beds
Avg:$800,000Median:$800,000Range:$800,000 – $800,000PSF:$209 / $209Sq Ft:3,826 / 3,826DOM:10 / 10New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $173,575 | $159,900 | $149,900 – $215,000 | $218 / $206 | 798 / 776 | 36 / 3 | 2 | 4 |
| 2 Beds | $255,748 | $249,900 | $169,900 – $456,990 | $226 / $221 | 1,116 / 1,000 | 20 / 4 | 9 | 37 |
| 3 Beds | $381,026 | $379,900 | $249,000 – $575,000 | $230 / $227 | 1,691 / 1,666 | 15 / 4 | 10 | 53 |
| 4 Beds | $546,039 | $520,000 | $300,000 – $829,000 | $246 / $236 | 2,276 / 2,282 | 17 / 5 | 9 | 28 |
| 5 Beds | $800,000 | $800,000 | $800,000 – $800,000 | $209 / $209 | 3,826 / 3,826 | 10 / 10 | 0 | 1 |
Rental Market Overview
Median Rent
$1,808
+1.4%
Median DOM
1
0.0%
New Listings
73
Inventory
142
−2.1%
- Average Rent: $1,952
- Median Rent: $1,808
- Rent Range: $1,365 – $4,650
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 954 / 900
- Square Footage Range: 600 – 3,200
- Days on Market (Avg/Median): 14 / 1
- Days on Market Range: 1 – 360
- New Listings: 73
- Total Listings: 142
Rentals by Property Type
Apartment
$1,765
Median DOM: 1
Inventory: 116
MoM: +1.4%
Condo
$1,700
Median DOM: 50
Inventory: 5
MoM: +1.4%
Single Family
$2,850
Median DOM: 7
Inventory: 12
MoM: +1.4%
Townhouse
$2,600
Median DOM: 1
Inventory: 9
MoM: +1.4%
Apartment
Avg/Median Rent$1,791 / $1,765Range$1,365 – $2,340Rent per Sq Ft$2 / $2Sq Ft845 / 800DOM9 / 1New68Total116
Condo
Avg/Median Rent$1,799 / $1,700Range$1,500 – $2,250Rent per Sq Ft$2 / $2Sq Ft954 / 1,000DOM73 / 50New0Total5
Single Family
Avg/Median Rent$3,133 / $2,850Range$2,195 – $4,650Rent per Sq Ft$2 / $2Sq Ft1,711 / 1,520DOM20 / 7New2Total12
Townhouse
Avg/Median Rent$2,547 / $2,600Range$2,300 – $2,775Rent per Sq Ft$2 / $2Sq Ft1,443 / 1,338DOM29 / 1New3Total9
Rentals by Bedroom Count
Studio
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$2 / $2Sq Ft:682 / 682DOM:—New:0Total:1
1 Beds
Avg:$1,642Median:$1,605Range:$1,365 – $2,095PSF:$2 / $2Sq Ft:727 / 700DOM:12 / 1New:27Total:59
2 Beds
Avg:$1,991Median:$1,934Range:$1,680 – $2,700PSF:$2 / $2Sq Ft:992 / 965DOM:11 / 1New:44Total:67
3 Beds
Avg:$2,898Median:$2,800Range:$2,300 – $4,650PSF:$2 / $2Sq Ft:1,535 / 1,520DOM:27 / 1New:2Total:13
4 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:$1 / $1Sq Ft:2,393 / 2,393DOM:7 / 7New:0Total:1
5 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$1 / $1Sq Ft:3,200 / 3,200DOM:112 / 112New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,600 | $1,600 | $1,600 – $1,600 | $2 / $2 | 682 / 682 | — | 0 | 1 |
| 1 Beds | $1,642 | $1,605 | $1,365 – $2,095 | $2 / $2 | 727 / 700 | 12 / 1 | 27 | 59 |
| 2 Beds | $1,991 | $1,934 | $1,680 – $2,700 | $2 / $2 | 992 / 965 | 11 / 1 | 44 | 67 |
| 3 Beds | $2,898 | $2,800 | $2,300 – $4,650 | $2 / $2 | 1,535 / 1,520 | 27 / 1 | 2 | 13 |
| 4 Beds | $3,200 | $3,200 | $3,200 – $3,200 | $1 / $1 | 2,393 / 2,393 | 7 / 7 | 0 | 1 |
| 5 Beds | $4,500 | $4,500 | $4,500 – $4,500 | $1 / $1 | 3,200 / 3,200 | 112 / 112 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$359,000Median DOM:12New:49Total:102
Apr 2026
Median Price:$369,000Median DOM:10New:49Total:120
May 2026
Median Price:$375,000Median DOM:7New:42Total:114
Jun 2026
Median Price:$372,000Median DOM:7New:60Total:120
Jul 2026
Median Price:$372,000Median DOM:5New:57Total:121
Aug 2026
Median Price:$369,000Median DOM:4New:31Total:125
6-Month Rental Trend
Mar 2026
Median Rent:$1,803Median DOM:1New:87Total:135
Apr 2026
Median Rent:$1,791Median DOM:1New:79Total:141
May 2026
Median Rent:$1,765Median DOM:1New:78Total:138
Jun 2026
Median Rent:$1,780Median DOM:1New:82Total:132
Jul 2026
Median Rent:$1,783Median DOM:1New:94Total:145
Aug 2026
Median Rent:$1,808Median DOM:1New:73Total:142
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 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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