ZIP 60304 Housing Market Report

Chicago Metro

Report period: May 2026

60304 Monthly Market Update – May 2026

ZIP 60304 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$550,000
+10.0%
Median DOM (Sales)
7
−12.5%
New Listings (Sales)
6
−50.0%
Median Rent
$2,000
0.0%
Median DOM (Rental)
49
+2.1%
Total Rental Listings
37
−9.8%

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: Townhouse (5 DOM)
  • Fastest renting: Single Family (39 DOM)
  • Strongest bedroom: 8 Beds ($1,250,000 median)

Sales Market Overview

Median Price
$550,000
+10.0%
Median DOM
7
−12.5%
New Listings
6
−50.0%
Inventory
39
−4.9%
  • Average Price: $544,103
  • Median Price: $550,000
  • Price Range: $150,000 – $1,250,000
  • Price per Sq Ft (Avg/Median): $304 / $274
  • Square Footage (Avg/Median): 1,735 / 1,626
  • Square Footage Range: 681 – 2,915
  • Days on Market (Avg/Median): 29 / 7
  • Days on Market Range: 4 – 173
  • New Listings: 6
  • Total Listings: 39

Sales by Property Type

Condo
Avg/Median Price$190,914 / $167,000Range$150,000 – $324,900Price per Sq Ft$210 / $205Sq Ft906 / 900DOM32 / 13New1Total7
Land
Avg/Median Price$200,000 / $200,000Range$200,000 – $200,000Price per Sq FtSq FtDOM63 / 63New0Total1
Multi-Family
Avg/Median Price$741,000 / $550,000Range$465,000 – $1,250,000Price per Sq FtSq FtDOM89 / 48New0Total4
Single Family
Avg/Median Price$619,788 / $620,000Range$325,000 – $1,049,000Price per Sq Ft$334 / $315Sq Ft1,906 / 1,800DOM16 / 6New4Total25
Townhouse
Avg/Median Price$612,450 / $599,900Range$599,900 – $625,000Price per Sq Ft$247 / $221Sq Ft2,507 / 2,294DOM41 / 5New1Total2

Sales by Bedroom Count

1 Beds
Avg:$166,750Median:$160,000Range:$150,000 – $190,000PSF:$211 / $205Sq Ft:800 / 780DOM:34 / 12New:1Total:4
2 Beds
Avg:$343,486Median:$325,000Range:$150,000 – $625,000PSF:$268 / $272Sq Ft:1,269 / 1,079DOM:26 / 7New:1Total:7
3 Beds
Avg:$556,770Median:$500,000Range:$325,000 – $750,000PSF:$324 / $313Sq Ft:1,790 / 1,534DOM:21 / 6New:2Total:10
4 Beds
Avg:$686,000Median:$699,000Range:$419,000 – $895,000PSF:$310 / $321Sq Ft:2,216 / 2,124DOM:6 / 6New:1Total:8
5 Beds
Avg:$727,557Median:$710,000Range:$465,000 – $1,049,000PSF:$365 / $307Sq Ft:2,252 / 2,061DOM:37 / 15New:1Total:7
7 Beds
Avg:$550,000Median:$550,000Range:$550,000 – $550,000PSF:Sq Ft:DOM:173 / 173New:0Total:1
8 Beds
Avg:$1,250,000Median:$1,250,000Range:$1,250,000 – $1,250,000PSF:Sq Ft:DOM:48 / 48New:0Total:1

Rental Market Overview

Median Rent
$2,000
0.0%
Median DOM
49
+2.1%
New Listings
0
Inventory
37
−9.8%
  • Average Rent: $2,161
  • Median Rent: $2,000
  • Rent Range: $1,100 – $4,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 902 / 950
  • Square Footage Range: 350 – 1,641
  • Days on Market (Avg/Median): 61 / 49
  • Days on Market Range: 8 – 236
  • New Listings: 0
  • Total Listings: 37

Rentals by Property Type

Apartment
$1,500
Median DOM: 51
Inventory: 22
MoM: 0.0%
Condo
$2,200
Median DOM: 57
Inventory: 2
MoM: 0.0%
Single Family
$2,450
Median DOM: 39
Inventory: 13
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,787 / $1,500Range$1,100 – $2,995Rent per Sq Ft$3 / $2Sq Ft777 / 750DOM73 / 51New0Total22
Condo
Avg/Median Rent$3,100 / $2,200Range$2,200 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM92 / 57New0Total2
Single Family
Avg/Median Rent$2,650 / $2,450Range$1,100 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,109 / 1,100DOM39 / 39New0Total13

Rentals by Bedroom Count

Studio
Avg:$1,291Median:$1,150Range:$1,100 – $1,950PSF:$3 / $3Sq Ft:500 / 450DOM:122 / 107New:0Total:6
1 Beds
Avg:$1,432Median:$1,469Range:$1,150 – $1,560PSF:$2 / $2Sq Ft:712 / 750DOM:71 / 57New:0Total:11
2 Beds
Avg:$2,439Median:$2,400Range:$1,800 – $3,750PSF:$2 / $2Sq Ft:1,056 / 1,050DOM:55 / 28New:0Total:11
3 Beds
Avg:$2,958Median:$2,600Range:$2,400 – $3,800PSF:$3 / $2Sq Ft:1,078 / 1,100DOM:39 / 27New:0Total:6
4 Beds
Avg:$3,967Median:$4,000Range:$3,650 – $4,250PSF:$2 / $2Sq Ft:1,641 / 1,641DOM:38 / 49New:0Total:3

6-Month Sales Trend

Dec 2025
Median Price:$509,900Median DOM:54New:10Total:54
Jan 2026
Median Price:$500,000Median DOM:35New:18Total:55
Feb 2026
Median Price:$550,000Median DOM:16New:16Total:46
Mar 2026
Median Price:$500,000Median DOM:10New:17Total:50
Apr 2026
Median Price:$500,000Median DOM:8New:12Total:41
May 2026
Median Price:$550,000Median DOM:7New:6Total:39

6-Month Rental Trend

Dec 2025
Median Rent:$2,100Median DOM:98New:2Total:29
Jan 2026
Median Rent:$2,050Median DOM:57New:11Total:36
Feb 2026
Median Rent:$1,799Median DOM:32New:8Total:37
Mar 2026
Median Rent:$1,500Median DOM:48New:6Total:37
Apr 2026
Median Rent:$2,000Median DOM:48New:10Total:41
May 2026
Median Rent:$2,000Median DOM:49New:0Total:37

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. 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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