ZIP 60188 Housing Market Report
Chicago Metro
Report period: May 2026
60188 Monthly Market Update – May 2026
ZIP 60188 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$369,999
+0.3%
Median DOM (Sales)
11
+10.0%
New Listings (Sales)
11
−77.6%
Median Rent
$1,759
−1.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
131
−7.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($739,900 median)
Sales Market Overview
Median Price
$369,999
+0.3%
Median DOM
11
+10.0%
New Listings
11
−77.6%
Inventory
127
+5.8%
- Average Price: $367,629
- Median Price: $369,999
- Price Range: $99,000 – $1,100,000
- Price per Sq Ft (Avg/Median): $236 / $232
- Square Footage (Avg/Median): 1,569 / 1,429
- Square Footage Range: 643 – 3,474
- Days on Market (Avg/Median): 26 / 11
- Days on Market Range: 2 – 236
- New Listings: 11
- Total Listings: 127
Sales by Property Type
Condo
Avg/Median Price$211,179 / $199,995Range$149,000 – $293,000Price per Sq Ft$216 / $207Sq Ft988 / 981DOM27 / 15New3Total29
Land
Avg/Median Price$458,000 / $175,000Range$99,000 – $1,100,000Price per Sq Ft—Sq Ft—DOM46 / 46New0Total3
Single Family
Avg/Median Price$457,493 / $425,000Range$329,900 – $789,000Price per Sq Ft$251 / $249Sq Ft1,892 / 1,818DOM25 / 6New6Total65
Townhouse
Avg/Median Price$315,119 / $289,900Range$199,200 – $456,990Price per Sq Ft$223 / $225Sq Ft1,442 / 1,322DOM26 / 16New2Total30
Sales by Bedroom Count
1 Beds
Avg:$178,000Median:$160,000Range:$149,000 – $225,000PSF:$229 / $249Sq Ft:788 / 841DOM:18 / 6New:0Total:3
2 Beds
Avg:$252,972Median:$229,900Range:$173,990 – $456,990PSF:$228 / $226Sq Ft:1,106 / 1,000DOM:22 / 12New:5Total:40
3 Beds
Avg:$377,305Median:$380,000Range:$199,200 – $550,000PSF:$240 / $238Sq Ft:1,629 / 1,510DOM:19 / 7New:4Total:57
4 Beds
Avg:$539,813Median:$479,900Range:$375,000 – $789,000PSF:$242 / $240Sq Ft:2,259 / 2,358DOM:52 / 11New:2Total:23
5 Beds
Avg:$739,900Median:$739,900Range:$739,900 – $739,900PSF:$229 / $229Sq Ft:3,226 / 3,226DOM:8 / 8New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $178,000 | $160,000 | $149,000 – $225,000 | $229 / $249 | 788 / 841 | 18 / 6 | 0 | 3 |
| 2 Beds | $252,972 | $229,900 | $173,990 – $456,990 | $228 / $226 | 1,106 / 1,000 | 22 / 12 | 5 | 40 |
| 3 Beds | $377,305 | $380,000 | $199,200 – $550,000 | $240 / $238 | 1,629 / 1,510 | 19 / 7 | 4 | 57 |
| 4 Beds | $539,813 | $479,900 | $375,000 – $789,000 | $242 / $240 | 2,259 / 2,358 | 52 / 11 | 2 | 23 |
| 5 Beds | $739,900 | $739,900 | $739,900 – $739,900 | $229 / $229 | 3,226 / 3,226 | 8 / 8 | 0 | 1 |
Rental Market Overview
Median Rent
$1,759
−1.8%
Median DOM
1
0.0%
New Listings
48
Inventory
131
−7.1%
- Average Rent: $1,851
- Median Rent: $1,759
- Rent Range: $1,100 – $2,995
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 959 / 900
- Square Footage Range: 643 – 2,200
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 309
- New Listings: 48
- Total Listings: 131
Rentals by Property Type
Apartment
$1,700
Median DOM: 1
Inventory: 99
MoM: −1.8%
Condo
$1,800
Median DOM: 23
Inventory: 9
MoM: −1.8%
Single Family
$2,600
Median DOM: 9
Inventory: 15
MoM: −1.8%
Townhouse
$2,600
Median DOM: 13
Inventory: 8
MoM: −1.8%
Apartment
Avg/Median Rent$1,722 / $1,700Range$1,100 – $2,211Rent per Sq Ft$2 / $2Sq Ft869 / 800DOM15 / 1New44Total99
Condo
Avg/Median Rent$1,847 / $1,800Range$1,500 – $2,300Rent per Sq Ft$2 / $2Sq Ft943 / 928DOM26 / 23New1Total9
Single Family
Avg/Median Rent$2,319 / $2,600Range$1,450 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,309 / 1,336DOM22 / 9New3Total15
Townhouse
Avg/Median Rent$2,568 / $2,600Range$2,100 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,482 / 1,432DOM14 / 13New0Total8
Rentals by Bedroom Count
Studio
Avg:$1,100Median:$1,100Range:$1,100 – $1,100PSF:—Sq Ft:—DOM:297 / 297New:0Total:1
1 Beds
Avg:$1,622Median:$1,580Range:$1,325 – $1,989PSF:$2 / $2Sq Ft:751 / 730DOM:7 / 1New:30Total:56
2 Beds
Avg:$1,893Median:$1,850Range:$1,595 – $2,700PSF:$2 / $2Sq Ft:1,015 / 1,016DOM:20 / 1New:15Total:56
3 Beds
Avg:$2,471Median:$2,600Range:$1,725 – $2,995PSF:$2 / $2Sq Ft:1,420 / 1,364DOM:19 / 9New:3Total:18
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,100 | $1,100 | $1,100 – $1,100 | — | — | 297 / 297 | 0 | 1 |
| 1 Beds | $1,622 | $1,580 | $1,325 – $1,989 | $2 / $2 | 751 / 730 | 7 / 1 | 30 | 56 |
| 2 Beds | $1,893 | $1,850 | $1,595 – $2,700 | $2 / $2 | 1,015 / 1,016 | 20 / 1 | 15 | 56 |
| 3 Beds | $2,471 | $2,600 | $1,725 – $2,995 | $2 / $2 | 1,420 / 1,364 | 19 / 9 | 3 | 18 |
6-Month Sales Trend
Dec 2025
Median Price:$369,900Median DOM:43New:18Total:128
Jan 2026
Median Price:$369,900Median DOM:36New:18Total:111
Feb 2026
Median Price:$359,900Median DOM:26New:20Total:73
Mar 2026
Median Price:$359,000Median DOM:12New:49Total:102
Apr 2026
Median Price:$369,000Median DOM:10New:49Total:120
May 2026
Median Price:$369,999Median DOM:11New:11Total:127
6-Month Rental Trend
Dec 2025
Median Rent:$1,858Median DOM:1New:62Total:109
Jan 2026
Median Rent:$1,900Median DOM:1New:71Total:114
Feb 2026
Median Rent:$1,790Median DOM:1New:90Total:132
Mar 2026
Median Rent:$1,803Median DOM:1New:87Total:135
Apr 2026
Median Rent:$1,791Median DOM:1New:79Total:141
May 2026
Median Rent:$1,759Median DOM:1New:48Total:131
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro