ZIP 60402 Housing Market Report

Chicago Metro

Report period: March 2026

60402 Monthly Market Update – March 2026

ZIP 60402 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$339,900
−1.4%
Median DOM (Sales)
36
0.0%
New Listings (Sales)
15
−67.4%
Median Rent
$1,395
−6.7%
Median DOM (Rental)
24
−11.1%
Total Rental Listings
98
+22.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (27 DOM)
  • Fastest renting: Multi-Family (17 DOM)
  • Strongest bedroom: 6 Beds ($499,000 median)

Sales Market Overview

Median Price
$339,900
−1.4%
Median DOM
36
0.0%
New Listings
15
−67.4%
Inventory
168
−0.6%
  • Average Price: $353,220
  • Median Price: $339,900
  • Price Range: $89,500 – $899,000
  • Price per Sq Ft (Avg/Median): $226 / $224
  • Square Footage (Avg/Median): 1,670 / 1,376
  • Square Footage Range: 513 – 4,000
  • Days on Market (Avg/Median): 58 / 36
  • Days on Market Range: 2 – 279
  • New Listings: 15
  • Total Listings: 168

Sales by Property Type

Condo
Avg/Median Price$161,994 / $155,000Range$89,500 – $265,000Price per Sq Ft$187 / $174Sq Ft834 / 800DOM67 / 43New2Total17
Land
Avg/Median Price$249,628 / $149,999Range$94,999 – $899,000Price per Sq FtSq FtDOM110 / 36New0Total7
Multi-Family
Avg/Median Price$458,459 / $459,000Range$300,000 – $699,000Price per Sq FtSq FtDOM98 / 108New1Total17
Single Family
Avg/Median Price$370,440 / $349,900Range$119,500 – $689,000Price per Sq Ft$231 / $234Sq Ft1,772 / 1,500DOM49 / 27New12Total127

Sales by Bedroom Count

1 Beds
Avg:$132,042Median:$120,000Range:$89,500 – $189,900PSF:$171 / $171Sq Ft:772 / 740DOM:77 / 48New:0Total:7
2 Beds
Avg:$266,544Median:$264,888Range:$119,900 – $489,900PSF:$256 / $253Sq Ft:1,063 / 966DOM:52 / 37New:3Total:36
3 Beds
Avg:$363,776Median:$349,900Range:$219,900 – $689,000PSF:$243 / $245Sq Ft:1,607 / 1,376DOM:43 / 22New:5Total:55
4 Beds
Avg:$424,943Median:$415,000Range:$119,500 – $649,900PSF:$202 / $186Sq Ft:2,319 / 2,200DOM:60 / 36New:5Total:39
5 Beds
Avg:$406,606Median:$425,000Range:$249,000 – $599,999PSF:$174 / $161Sq Ft:2,272 / 1,900DOM:64 / 31New:2Total:17
6 Beds
Avg:$536,725Median:$499,000Range:$429,900 – $699,000PSF:Sq Ft:DOM:137 / 108New:0Total:4
7 Beds
Avg:$478,000Median:$459,000Range:$425,000 – $550,000PSF:$129 / $129Sq Ft:3,300 / 3,300DOM:100 / 97New:0Total:3

Rental Market Overview

Median Rent
$1,395
−6.7%
Median DOM
24
−11.1%
New Listings
19
Inventory
98
+22.5%
  • Average Rent: $1,690
  • Median Rent: $1,395
  • Rent Range: $875 – $8,587
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 969 / 900
  • Square Footage Range: 500 – 4,536
  • Days on Market (Avg/Median): 42 / 24
  • Days on Market Range: 2 – 236
  • New Listings: 19
  • Total Listings: 98

Rentals by Property Type

Apartment
$1,295
Median DOM: 21
Inventory: 61
MoM: −6.7%
Condo
$1,800
Median DOM: 39
Inventory: 7
MoM: −6.7%
Single Family
$2,000
Median DOM: 27
Inventory: 29
MoM: −6.7%
Townhouse
Median DOM:
Inventory:
MoM: −6.7%
Apartment
Avg/Median Rent$1,517 / $1,295Range$875 – $8,587Rent per Sq Ft$2 / $2Sq Ft946 / 750DOM37 / 21New13Total61
Condo
Avg/Median Rent$1,777 / $1,800Range$1,150 – $2,565Rent per Sq Ft$2 / $1Sq Ft942 / 900DOM59 / 39New0Total7
Multi-Family
Avg/Median Rent$2,100 / $2,100Range$2,100 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,800 / 1,800DOM17 / 17New0Total1
Single Family
Avg/Median Rent$2,018 / $2,000Range$1,045 – $5,800Rent per Sq Ft$2 / $2Sq Ft968 / 936DOM48 / 27New6Total29

Rentals by Bedroom Count

Studio
Avg:$1,018Median:$1,045Range:$875 – $1,125PSF:$2 / $2Sq Ft:624 / 600DOM:19 / 16New:2Total:8
1 Beds
Avg:$1,233Median:$1,200Range:$1,050 – $1,500PSF:$2 / $2Sq Ft:699 / 695DOM:28 / 12New:14Total:43
2 Beds
Avg:$1,797Median:$1,700Range:$1,350 – $2,565PSF:$2 / $2Sq Ft:970 / 936DOM:63 / 49New:2Total:26
3 Beds
Avg:$2,538Median:$2,100Range:$1,800 – $8,587PSF:$2 / $2Sq Ft:1,492 / 1,050DOM:42 / 27New:1Total:19
4 Beds
Avg:$4,750Median:$3,700Range:$3,700 – $5,800PSF:Sq Ft:DOM:146 / 107New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$355,000Median DOM:43New:75Total:282
Nov 2025
Median Price:$349,900Median DOM:52New:47Total:260
Dec 2025
Median Price:$349,900Median DOM:58New:31Total:225
Jan 2026
Median Price:$339,900Median DOM:48New:55Total:221
Feb 2026
Median Price:$344,900Median DOM:36New:46Total:169
Mar 2026
Median Price:$339,900Median DOM:36New:15Total:168

6-Month Rental Trend

Oct 2025
Median Rent:$1,595Median DOM:24New:30Total:84
Nov 2025
Median Rent:$1,600Median DOM:24New:30Total:96
Dec 2025
Median Rent:$1,600Median DOM:34New:16Total:78
Jan 2026
Median Rent:$1,695Median DOM:37New:17Total:75
Feb 2026
Median Rent:$1,495Median DOM:27New:25Total:80
Mar 2026
Median Rent:$1,395Median DOM:24New:19Total:98

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, while total rental inventory increased.

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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