ZIP 60202 Housing Market Report
Chicago Metro
Report period: August 2026
60202 Monthly Market Update – August 2026
ZIP 60202 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$389,000
0.0%
Median DOM (Sales)
7
0.0%
New Listings (Sales)
21
−38.2%
Median Rent
$1,995
−2.7%
Median DOM (Rental)
31
+6.9%
Total Rental Listings
456
−5.2%
Month-over-Month Movement
Median sale prices were flat. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (1 DOM)
- Fastest renting: Multi-Family (12 DOM)
- Strongest bedroom: 7 Beds ($1,695,000 median)
Sales Market Overview
Median Price
$389,000
0.0%
Median DOM
7
0.0%
New Listings
21
−38.2%
Inventory
94
0.0%
- Average Price: $508,717
- Median Price: $389,000
- Price Range: $125,000 – $4,000,000
- Price per Sq Ft (Avg/Median): $301 / $300
- Square Footage (Avg/Median): 1,662 / 1,325
- Square Footage Range: 697 – 7,648
- Days on Market (Avg/Median): 30 / 7
- Days on Market Range: 1 – 278
- New Listings: 21
- Total Listings: 94
Sales by Property Type
Condo
Avg/Median Price$326,738 / $299,900Range$129,900 – $599,000Price per Sq Ft$283 / $286Sq Ft1,185 / 1,172DOM26 / 7New15Total55
Land
Avg/Median Price$125,000 / $125,000Range$125,000 – $125,000Price per Sq Ft—Sq Ft—DOM12 / 12New0Total1
Multi-Family
Avg/Median Price$643,150 / $600,000Range$310,000 – $849,000Price per Sq Ft—Sq Ft—DOM83 / 1New1Total6
Single Family
Avg/Median Price$1,032,640 / $595,000Range$189,000 – $4,000,000Price per Sq Ft$360 / $367Sq Ft2,799 / 1,866DOM24 / 4New4Total20
Townhouse
Avg/Median Price$434,342 / $389,000Range$320,000 – $650,000Price per Sq Ft$275 / $267Sq Ft1,632 / 1,700DOM32 / 17New1Total12
Sales by Bedroom Count
1 Beds
Avg:$213,983Median:$190,000Range:$129,900 – $425,000PSF:$264 / $236Sq Ft:831 / 800DOM:42 / 5New:5Total:14
2 Beds
Avg:$348,727Median:$319,900Range:$175,000 – $599,000PSF:$280 / $272Sq Ft:1,270 / 1,140DOM:27 / 14New:6Total:36
3 Beds
Avg:$519,846Median:$450,000Range:$330,000 – $1,495,000PSF:$323 / $325Sq Ft:1,627 / 1,500DOM:15 / 4New:6Total:28
4 Beds
Avg:$493,780Median:$535,000Range:$310,000 – $600,000PSF:$286 / $268Sq Ft:1,700 / 1,400DOM:33 / 1New:1Total:5
5 Beds
Avg:$1,666,475Median:$925,000Range:$815,900 – $4,000,000PSF:$453 / $343Sq Ft:3,776 / 2,763DOM:3 / 1New:1Total:4
6 Beds
Avg:$1,477,500Median:$950,000Range:$685,000 – $2,180,000PSF:$342 / $382Sq Ft:4,936 / 5,416DOM:59 / 1New:2Total:4
7 Beds
Avg:$1,695,000Median:$1,695,000Range:$1,695,000 – $1,695,000PSF:$222 / $222Sq Ft:7,648 / 7,648DOM:110 / 110New:0Total:1
8 Beds
Avg:$849,000Median:$849,000Range:$849,000 – $849,000PSF:—Sq Ft:—DOM:278 / 278New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $213,983 | $190,000 | $129,900 – $425,000 | $264 / $236 | 831 / 800 | 42 / 5 | 5 | 14 |
| 2 Beds | $348,727 | $319,900 | $175,000 – $599,000 | $280 / $272 | 1,270 / 1,140 | 27 / 14 | 6 | 36 |
| 3 Beds | $519,846 | $450,000 | $330,000 – $1,495,000 | $323 / $325 | 1,627 / 1,500 | 15 / 4 | 6 | 28 |
| 4 Beds | $493,780 | $535,000 | $310,000 – $600,000 | $286 / $268 | 1,700 / 1,400 | 33 / 1 | 1 | 5 |
| 5 Beds | $1,666,475 | $925,000 | $815,900 – $4,000,000 | $453 / $343 | 3,776 / 2,763 | 3 / 1 | 1 | 4 |
| 6 Beds | $1,477,500 | $950,000 | $685,000 – $2,180,000 | $342 / $382 | 4,936 / 5,416 | 59 / 1 | 2 | 4 |
| 7 Beds | $1,695,000 | $1,695,000 | $1,695,000 – $1,695,000 | $222 / $222 | 7,648 / 7,648 | 110 / 110 | 0 | 1 |
| 8 Beds | $849,000 | $849,000 | $849,000 – $849,000 | — | — | 278 / 278 | 0 | 1 |
Rental Market Overview
Median Rent
$1,995
−2.7%
Median DOM
31
+6.9%
New Listings
15
Inventory
456
−5.2%
- Average Rent: $2,192
- Median Rent: $1,995
- Rent Range: $1,025 – $6,500
- Rent per Sq Ft (Avg/Median): $3 / $2
- Square Footage (Avg/Median): 966 / 900
- Square Footage Range: 363 – 10,000
- Days on Market (Avg/Median): 65 / 31
- Days on Market Range: 1 – 355
- New Listings: 15
- Total Listings: 456
Rentals by Property Type
Apartment
$1,995
Median DOM: 35
Inventory: 401
MoM: −2.7%
Condo
$2,250
Median DOM: 15
Inventory: 26
MoM: −2.7%
Single Family
$2,000
Median DOM: 18
Inventory: 25
MoM: −2.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −2.7%
Apartment
Avg/Median Rent$2,152 / $1,995Range$1,025 – $6,000Rent per Sq Ft$3 / $3Sq Ft935 / 850DOM73 / 35New10Total401
Condo
Avg/Median Rent$2,370 / $2,250Range$1,475 – $3,995Rent per Sq Ft$2 / $2Sq Ft1,037 / 1,100DOM31 / 15New5Total26
Multi-Family
Avg/Median Rent$2,772 / $2,400Range$2,400 – $3,395Rent per Sq Ft$2 / $2Sq Ft1,370 / 1,400DOM20 / 12New0Total4
Single Family
Avg/Median Rent$2,554 / $2,000Range$1,300 – $6,500Rent per Sq Ft$2 / $2Sq Ft1,142 / 950DOM28 / 18New0Total25
Rentals by Bedroom Count
Studio
Avg:$1,577Median:$1,525Range:$1,025 – $3,274PSF:$3 / $3Sq Ft:522 / 450DOM:64 / 33New:0Total:48
1 Beds
Avg:$1,976Median:$1,795Range:$1,100 – $3,727PSF:$3 / $3Sq Ft:770 / 750DOM:78 / 33New:5Total:179
2 Beds
Avg:$2,329Median:$2,250Range:$1,450 – $6,000PSF:$2 / $2Sq Ft:1,075 / 950DOM:58 / 30New:10Total:190
3 Beds
Avg:$3,125Median:$3,100Range:$2,050 – $4,715PSF:$2 / $2Sq Ft:1,401 / 1,450DOM:52 / 30New:0Total:35
4 Beds
Avg:$3,883Median:$3,500Range:$3,300 – $4,850PSF:$2 / $2Sq Ft:1,633 / 1,600DOM:12 / 12New:0Total:3
6 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:$2 / $2Sq Ft:4,193 / 4,193DOM:42 / 42New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,577 | $1,525 | $1,025 – $3,274 | $3 / $3 | 522 / 450 | 64 / 33 | 0 | 48 |
| 1 Beds | $1,976 | $1,795 | $1,100 – $3,727 | $3 / $3 | 770 / 750 | 78 / 33 | 5 | 179 |
| 2 Beds | $2,329 | $2,250 | $1,450 – $6,000 | $2 / $2 | 1,075 / 950 | 58 / 30 | 10 | 190 |
| 3 Beds | $3,125 | $3,100 | $2,050 – $4,715 | $2 / $2 | 1,401 / 1,450 | 52 / 30 | 0 | 35 |
| 4 Beds | $3,883 | $3,500 | $3,300 – $4,850 | $2 / $2 | 1,633 / 1,600 | 12 / 12 | 0 | 3 |
| 6 Beds | $6,500 | $6,500 | $6,500 – $6,500 | $2 / $2 | 4,193 / 4,193 | 42 / 42 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$450,000Median DOM:13New:40Total:95
Apr 2026
Median Price:$427,500Median DOM:9New:35Total:107
May 2026
Median Price:$409,000Median DOM:10New:39Total:107
Jun 2026
Median Price:$400,000Median DOM:7New:48Total:105
Jul 2026
Median Price:$389,000Median DOM:7New:34Total:94
Aug 2026
Median Price:$389,000Median DOM:7New:21Total:94
6-Month Rental Trend
Mar 2026
Median Rent:$2,195Median DOM:37New:59Total:295
Apr 2026
Median Rent:$1,995Median DOM:22New:118Total:398
May 2026
Median Rent:$2,000Median DOM:25New:66Total:435
Jun 2026
Median Rent:$2,145Median DOM:27New:112Total:432
Jul 2026
Median Rent:$2,050Median DOM:29New:110Total:481
Aug 2026
Median Rent:$1,995Median DOM:31New:15Total:456
Key Market Takeaways
Median sale prices held steady 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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