ZIP 60302 Housing Market Report

Chicago Metro

Report period: May 2026

60302 Monthly Market Update – May 2026

ZIP 60302 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$450,000
+1.1%
Median DOM (Sales)
9
−18.2%
New Listings (Sales)
20
−65.5%
Median Rent
$1,800
0.0%
Median DOM (Rental)
32
−5.9%
Total Rental Listings
123
−4.7%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (6 DOM)
  • Fastest renting: Condo (16 DOM)
  • Strongest bedroom: 5 Beds ($850,000 median)

Sales Market Overview

Median Price
$450,000
+1.1%
Median DOM
9
−18.2%
New Listings
20
−65.5%
Inventory
154
+10.0%
  • Average Price: $515,760
  • Median Price: $450,000
  • Price Range: $15,000 – $2,325,000
  • Price per Sq Ft (Avg/Median): $282 / $265
  • Square Footage (Avg/Median): 1,847 / 1,552
  • Square Footage Range: 570 – 6,500
  • Days on Market (Avg/Median): 26 / 9
  • Days on Market Range: 2 – 249
  • New Listings: 20
  • Total Listings: 154

Sales by Property Type

Condo
Avg/Median Price$274,931 / $225,000Range$120,000 – $750,000Price per Sq Ft$256 / $223Sq Ft1,125 / 1,084DOM34 / 14New8Total76
Land
Avg/Median Price$449,780 / $550,000Range$15,000 – $739,900Price per Sq FtSq FtDOM86 / 43New0Total5
Multi-Family
Avg/Median Price$682,711 / $599,500Range$465,000 – $1,199,000Price per Sq FtSq FtDOM33 / 30New0Total9
Single Family
Avg/Median Price$813,039 / $695,000Range$399,000 – $2,325,000Price per Sq Ft$314 / $322Sq Ft2,590 / 2,309DOM14 / 6New11Total56
Townhouse
Avg/Median Price$576,106 / $620,000Range$439,900 – $649,000Price per Sq Ft$262 / $255Sq Ft2,248 / 2,167DOM7 / 6New1Total8

Sales by Bedroom Count

1 Beds
Avg:$173,656Median:$169,000Range:$120,000 – $231,500PSF:$205 / $207Sq Ft:848 / 850DOM:24 / 10New:4Total:32
2 Beds
Avg:$335,269Median:$299,900Range:$150,000 – $664,948PSF:$283 / $242Sq Ft:1,253 / 1,200DOM:42 / 19New:4Total:34
3 Beds
Avg:$562,296Median:$599,000Range:$249,000 – $1,195,000PSF:$296 / $297Sq Ft:1,935 / 1,800DOM:15 / 7New:4Total:41
4 Beds
Avg:$767,514Median:$750,000Range:$399,000 – $1,219,500PSF:$306 / $313Sq Ft:2,463 / 2,326DOM:17 / 7New:5Total:22
5 Beds
Avg:$980,158Median:$850,000Range:$445,160 – $1,895,000PSF:$319 / $309Sq Ft:3,459 / 2,721DOM:26 / 18New:2Total:13
6 Beds
Avg:$936,875Median:$749,000Range:$599,500 – $1,200,000PSF:$346 / $346Sq Ft:3,466 / 3,466DOM:18 / 10New:1Total:4
7 Beds
Avg:$1,264,333Median:$745,000Range:$723,000 – $2,325,000PSF:$358 / $358Sq Ft:6,500 / 6,500DOM:33 / 12New:0Total:3

Rental Market Overview

Median Rent
$1,800
0.0%
Median DOM
32
−5.9%
New Listings
11
Inventory
123
−4.7%
  • Average Rent: $2,317
  • Median Rent: $1,800
  • Rent Range: $1,000 – $9,884
  • Rent per Sq Ft (Avg/Median): $3 / $2
  • Square Footage (Avg/Median): 1,081 / 800
  • Square Footage Range: 300 – 16,000
  • Days on Market (Avg/Median): 70 / 32
  • Days on Market Range: 2 – 356
  • New Listings: 11
  • Total Listings: 123

Rentals by Property Type

Apartment
$1,695
Median DOM: 42
Inventory: 84
MoM: 0.0%
Condo
$2,100
Median DOM: 16
Inventory: 22
MoM: 0.0%
Single Family
$2,300
Median DOM: 27
Inventory: 13
MoM: 0.0%
Townhouse
$2,750
Median DOM: 19
Inventory: 4
MoM: 0.0%
Apartment
Avg/Median Rent$2,210 / $1,695Range$1,000 – $9,884Rent per Sq Ft$3 / $2Sq Ft1,046 / 705DOM94 / 42New6Total84
Condo
Avg/Median Rent$2,275 / $2,100Range$1,450 – $5,000Rent per Sq Ft$3 / $3Sq Ft940 / 850DOM21 / 16New4Total22
Single Family
Avg/Median Rent$2,674 / $2,300Range$1,200 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,310 / 1,100DOM33 / 27New1Total13
Townhouse
Avg/Median Rent$3,625 / $2,750Range$2,400 – $4,850Rent per Sq Ft$2 / $2Sq Ft1,737 / 1,044DOM34 / 19New0Total4

Rentals by Bedroom Count

Studio
Avg:$1,464Median:$1,295Range:$1,000 – $2,209PSF:$3 / $2Sq Ft:520 / 520DOM:87 / 46New:0Total:16
1 Beds
Avg:$1,810Median:$1,495Range:$1,195 – $5,500PSF:$3 / $2Sq Ft:704 / 700DOM:75 / 28New:3Total:45
2 Beds
Avg:$2,410Median:$2,100Range:$1,030 – $6,969PSF:$2 / $2Sq Ft:976 / 1,000DOM:66 / 34New:8Total:45
3 Beds
Avg:$4,249Median:$3,800Range:$1,950 – $9,884PSF:$2 / $2Sq Ft:3,400 / 2,150DOM:72 / 27New:0Total:13
4 Beds
Avg:$3,800Median:$4,200Range:$2,350 – $4,850PSF:$2 / $2Sq Ft:1,900 / 2,000DOM:21 / 19New:0Total:3
5 Beds
Avg:$5,000Median:$5,000Range:$5,000 – $5,000PSF:Sq Ft:DOM:11 / 11New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$339,900Median DOM:57New:11Total:139
Jan 2026
Median Price:$349,000Median DOM:36New:30Total:115
Feb 2026
Median Price:$365,000Median DOM:14New:34Total:97
Mar 2026
Median Price:$382,500Median DOM:14New:54Total:116
Apr 2026
Median Price:$445,160Median DOM:11New:58Total:140
May 2026
Median Price:$450,000Median DOM:9New:20Total:154

6-Month Rental Trend

Dec 2025
Median Rent:$1,800Median DOM:36New:24Total:108
Jan 2026
Median Rent:$1,895Median DOM:41New:16Total:102
Feb 2026
Median Rent:$1,800Median DOM:41New:26Total:108
Mar 2026
Median Rent:$1,800Median DOM:29New:36Total:123
Apr 2026
Median Rent:$1,800Median DOM:34New:22Total:129
May 2026
Median Rent:$1,800Median DOM:32New:11Total:123

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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