ZIP 60406 Housing Market Report
Chicago Metro
Report period: July 2026
60406 Monthly Market Update – July 2026
ZIP 60406 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$235,000
0.0%
Median DOM (Sales)
20
−9.1%
New Listings (Sales)
11
−50.0%
Median Rent
$1,350
+1.9%
Median DOM (Rental)
73
−1.4%
Total Rental Listings
47
+6.8%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (2 DOM)
- Fastest renting: Single Family (30 DOM)
- Strongest bedroom: 8 Beds ($350,000 median)
Sales Market Overview
Median Price
$235,000
0.0%
Median DOM
20
−9.1%
New Listings
11
−50.0%
Inventory
58
+1.8%
- Average Price: $221,530
- Median Price: $235,000
- Price Range: $19,250 – $459,900
- Price per Sq Ft (Avg/Median): $150 / $158
- Square Footage (Avg/Median): 1,624 / 1,570
- Square Footage Range: 700 – 3,250
- Days on Market (Avg/Median): 55 / 20
- Days on Market Range: 1 – 242
- New Listings: 11
- Total Listings: 58
Sales by Property Type
Condo
Avg/Median Price$121,480 / $115,000Range$64,500 – $235,000Price per Sq Ft$103 / $92Sq Ft1,305 / 890DOM89 / 65New0Total5
Land
Avg/Median Price$50,810 / $39,900Range$19,250 – $120,000Price per Sq Ft—Sq Ft—DOM137 / 181New1Total5
Multi-Family
Avg/Median Price$264,943 / $250,000Range$99,900 – $459,900Price per Sq Ft—Sq Ft—DOM63 / 53New1Total7
Single Family
Avg/Median Price$248,023 / $254,999Range$89,900 – $437,000Price per Sq Ft$156 / $162Sq Ft1,642 / 1,573DOM39 / 15New9Total39
Townhouse
Avg/Median Price$229,900 / $169,999Range$169,999 – $289,800Price per Sq Ft$120 / $119Sq Ft1,915 / 1,430DOM55 / 2New0Total2
Sales by Bedroom Count
Studio
Avg:$200,000Median:$200,000Range:$200,000 – $200,000PSF:—Sq Ft:—DOM:184 / 184New:0Total:1
1 Beds
Avg:$67,200Median:$64,500Range:$64,500 – $69,900PSF:$92 / $92Sq Ft:700 / 700DOM:17 / 8New:0Total:2
2 Beds
Avg:$184,317Median:$169,999Range:$89,900 – $295,000PSF:$133 / $119Sq Ft:1,381 / 1,283DOM:70 / 53New:1Total:9
3 Beds
Avg:$239,623Median:$249,900Range:$99,990 – $437,000PSF:$158 / $162Sq Ft:1,576 / 1,458DOM:40 / 13New:6Total:24
4 Beds
Avg:$257,819Median:$284,900Range:$99,900 – $399,873PSF:$155 / $168Sq Ft:1,752 / 1,750DOM:41 / 13New:2Total:9
5 Beds
Avg:$298,060Median:$284,900Range:$209,900 – $435,500PSF:$161 / $139Sq Ft:1,996 / 1,976DOM:61 / 20New:0Total:5
7 Beds
Avg:$344,900Median:$229,900Range:$229,900 – $459,900PSF:$71 / $71Sq Ft:3,250 / 3,250DOM:9 / 3New:1Total:2
8 Beds
Avg:$350,000Median:$350,000Range:$350,000 – $350,000PSF:—Sq Ft:—DOM:6 / 6New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $200,000 | $200,000 | $200,000 – $200,000 | — | — | 184 / 184 | 0 | 1 |
| 1 Beds | $67,200 | $64,500 | $64,500 – $69,900 | $92 / $92 | 700 / 700 | 17 / 8 | 0 | 2 |
| 2 Beds | $184,317 | $169,999 | $89,900 – $295,000 | $133 / $119 | 1,381 / 1,283 | 70 / 53 | 1 | 9 |
| 3 Beds | $239,623 | $249,900 | $99,990 – $437,000 | $158 / $162 | 1,576 / 1,458 | 40 / 13 | 6 | 24 |
| 4 Beds | $257,819 | $284,900 | $99,900 – $399,873 | $155 / $168 | 1,752 / 1,750 | 41 / 13 | 2 | 9 |
| 5 Beds | $298,060 | $284,900 | $209,900 – $435,500 | $161 / $139 | 1,996 / 1,976 | 61 / 20 | 0 | 5 |
| 7 Beds | $344,900 | $229,900 | $229,900 – $459,900 | $71 / $71 | 3,250 / 3,250 | 9 / 3 | 1 | 2 |
| 8 Beds | $350,000 | $350,000 | $350,000 – $350,000 | — | — | 6 / 6 | 0 | 1 |
Rental Market Overview
Median Rent
$1,350
+1.9%
Median DOM
73
−1.4%
New Listings
3
Inventory
47
+6.8%
- Average Rent: $1,436
- Median Rent: $1,350
- Rent Range: $775 – $2,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 897 / 800
- Square Footage Range: 308 – 2,230
- Days on Market (Avg/Median): 83 / 73
- Days on Market Range: 3 – 333
- New Listings: 3
- Total Listings: 47
Rentals by Property Type
Apartment
$1,250
Median DOM: 74
Inventory: 34
MoM: +1.9%
Condo
$1,675
Median DOM: 95
Inventory: 3
MoM: +1.9%
Single Family
$1,550
Median DOM: 30
Inventory: 10
MoM: +1.9%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +1.9%
Apartment
Avg/Median Rent$1,329 / $1,250Range$775 – $2,200Rent per Sq Ft$2 / $2Sq Ft774 / 700DOM96 / 74New2Total34
Condo
Avg/Median Rent$1,658 / $1,675Range$1,400 – $1,900Rent per Sq Ft$1 / $1Sq Ft1,120 / 900DOM66 / 95New0Total3
Single Family
Avg/Median Rent$1,732 / $1,550Range$1,350 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,186 / 1,087DOM52 / 30New1Total10
Rentals by Bedroom Count
Studio
Avg:$1,187Median:$785Range:$775 – $2,000PSF:$2 / $2Sq Ft:498 / 335DOM:53 / 3New:1Total:3
1 Beds
Avg:$1,171Median:$1,195Range:$925 – $1,450PSF:$2 / $2Sq Ft:699 / 700DOM:113 / 89New:1Total:17
2 Beds
Avg:$1,395Median:$1,400Range:$1,250 – $1,700PSF:$2 / $2Sq Ft:839 / 800DOM:69 / 33New:1Total:16
3 Beds
Avg:$1,912Median:$1,900Range:$1,521 – $2,200PSF:$2 / $1Sq Ft:1,284 / 1,340DOM:61 / 33New:0Total:8
4 Beds
Avg:$2,132Median:$2,000Range:$1,895 – $2,500PSF:$2 / $2Sq Ft:1,506 / 1,144DOM:81 / 34New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,187 | $785 | $775 – $2,000 | $2 / $2 | 498 / 335 | 53 / 3 | 1 | 3 |
| 1 Beds | $1,171 | $1,195 | $925 – $1,450 | $2 / $2 | 699 / 700 | 113 / 89 | 1 | 17 |
| 2 Beds | $1,395 | $1,400 | $1,250 – $1,700 | $2 / $2 | 839 / 800 | 69 / 33 | 1 | 16 |
| 3 Beds | $1,912 | $1,900 | $1,521 – $2,200 | $2 / $1 | 1,284 / 1,340 | 61 / 33 | 0 | 8 |
| 4 Beds | $2,132 | $2,000 | $1,895 – $2,500 | $2 / $2 | 1,506 / 1,144 | 81 / 34 | 0 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$200,000Median DOM:48New:11Total:64
Mar 2026
Median Price:$214,900Median DOM:45New:14Total:64
Apr 2026
Median Price:$220,000Median DOM:35New:15Total:64
May 2026
Median Price:$219,000Median DOM:34New:18Total:66
Jun 2026
Median Price:$235,000Median DOM:22New:22Total:57
Jul 2026
Median Price:$235,000Median DOM:20New:11Total:58
6-Month Rental Trend
Feb 2026
Median Rent:$1,400Median DOM:35New:10Total:40
Mar 2026
Median Rent:$1,395Median DOM:29New:12Total:43
Apr 2026
Median Rent:$1,350Median DOM:33New:9Total:42
May 2026
Median Rent:$1,295Median DOM:31New:10Total:50
Jun 2026
Median Rent:$1,325Median DOM:74New:5Total:44
Jul 2026
Median Rent:$1,350Median DOM:73New:3Total:47
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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