ZIP 60305 Housing Market Report

Chicago Metro

Report period: May 2026

60305 Monthly Market Update – May 2026

ZIP 60305 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$550,000
+2.8%
Median DOM (Sales)
12
+20.0%
New Listings (Sales)
5
−79.2%
Median Rent
$2,600
0.0%
Median DOM (Rental)
15
0.0%
Total Rental Listings
9
−18.2%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (6 DOM)
  • Fastest renting: Apartment (13 DOM)
  • Strongest bedroom: 5 Beds ($2,100,000 median)

Sales Market Overview

Median Price
$550,000
+2.8%
Median DOM
12
+20.0%
New Listings
5
−79.2%
Inventory
56
+3.7%
  • Average Price: $823,227
  • Median Price: $550,000
  • Price Range: $119,999 – $2,575,000
  • Price per Sq Ft (Avg/Median): $311 / $317
  • Square Footage (Avg/Median): 2,490 / 2,023
  • Square Footage Range: 683 – 5,680
  • Days on Market (Avg/Median): 30 / 12
  • Days on Market Range: 3 – 221
  • New Listings: 5
  • Total Listings: 56

Sales by Property Type

Condo
Avg/Median Price$280,621 / $293,330Range$119,999 – $550,000Price per Sq Ft$220 / $198Sq Ft1,297 / 1,200DOM46 / 32New1Total25
Land
Avg/Median Price$887,500 / $575,000Range$575,000 – $1,200,000Price per Sq FtSq FtDOM39 / 8New0Total2
Multi-Family
Avg/Median Price$1,000,000 / $1,000,000Range$1,000,000 – $1,000,000Price per Sq FtSq FtDOM21 / 21New0Total1
Single Family
Avg/Median Price$1,296,793 / $1,050,000Range$399,900 – $2,575,000Price per Sq Ft$382 / $365Sq Ft3,427 / 3,077DOM14 / 6New4Total28

Sales by Bedroom Count

1 Beds
Avg:$135,800Median:$130,000Range:$119,999 – $159,000PSF:$181 / $176Sq Ft:774 / 761DOM:29 / 17New:0Total:5
2 Beds
Avg:$337,307Median:$315,000Range:$147,500 – $899,000PSF:$274 / $266Sq Ft:1,256 / 1,200DOM:54 / 32New:1Total:18
3 Beds
Avg:$646,362Median:$685,000Range:$375,000 – $1,199,000PSF:$300 / $266Sq Ft:2,287 / 2,127DOM:17 / 8New:2Total:13
4 Beds
Avg:$1,332,078Median:$1,100,000Range:$724,900 – $2,575,000PSF:$382 / $336Sq Ft:3,428 / 3,264DOM:11 / 4New:1Total:9
5 Beds
Avg:$2,027,686Median:$2,100,000Range:$1,699,900 – $2,295,000PSF:$395 / $396Sq Ft:5,154 / 5,200DOM:18 / 20New:1Total:7
6 Beds
Avg:$1,990,000Median:$1,990,000Range:$1,990,000 – $1,990,000PSF:$350 / $350Sq Ft:5,680 / 5,680DOM:5 / 5New:0Total:1
8 Beds
Avg:$1,000,000Median:$1,000,000Range:$1,000,000 – $1,000,000PSF:Sq Ft:DOM:21 / 21New:0Total:1

Rental Market Overview

Median Rent
$2,600
0.0%
Median DOM
15
0.0%
New Listings
0
Inventory
9
−18.2%
  • Average Rent: $3,027
  • Median Rent: $2,600
  • Rent Range: $1,800 – $5,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,649 / 1,250
  • Square Footage Range: 1,000 – 3,042
  • Days on Market (Avg/Median): 93 / 15
  • Days on Market Range: 7 – 284
  • New Listings: 0
  • Total Listings: 9

Rentals by Property Type

Apartment
$2,600
Median DOM: 13
Inventory: 1
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$3,099
Median DOM: 15
Inventory: 5
MoM: 0.0%
Townhouse
$2,395
Median DOM: 54
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,250 / 1,250DOM13 / 13New0Total1
Single Family
Avg/Median Rent$3,150 / $3,099Range$1,800 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,497 / 1,100DOM121 / 15New0Total5
Townhouse
Avg/Median Rent$2,965 / $2,395Range$2,300 – $4,200Rent per Sq Ft$2 / $1Sq Ft2,034 / 2,000DOM74 / 54New0Total3

Rentals by Bedroom Count

2 Beds
Avg:$2,309Median:$2,300Range:$1,800 – $3,099PSF:$2 / $2Sq Ft:1,242 / 1,059DOM:95 / 15New:0Total:5
3 Beds
Avg:$3,925Median:$3,899Range:$2,600 – $5,000PSF:$2 / $2Sq Ft:2,157 / 2,000DOM:92 / 15New:0Total:4

6-Month Sales Trend

Dec 2025
Median Price:$387,900Median DOM:63New:6Total:49
Jan 2026
Median Price:$385,000Median DOM:50New:12Total:43
Feb 2026
Median Price:$379,900Median DOM:44New:11Total:42
Mar 2026
Median Price:$405,000Median DOM:19New:15Total:43
Apr 2026
Median Price:$535,000Median DOM:10New:24Total:54
May 2026
Median Price:$550,000Median DOM:12New:5Total:56

6-Month Rental Trend

Dec 2025
Median Rent:$1,850Median DOM:55New:1Total:13
Jan 2026
Median Rent:$2,495Median DOM:88New:1Total:11
Feb 2026
Median Rent:$2,150Median DOM:88New:2Total:11
Mar 2026
Median Rent:$2,395Median DOM:31New:4Total:11
Apr 2026
Median Rent:$2,600Median DOM:15New:4Total:11
May 2026
Median Rent:$2,600Median DOM:15New:0Total:9

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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