ZIP 60406 Housing Market Report
Chicago Metro
Report period: March 2026
60406 Monthly Market Update – March 2026
ZIP 60406 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$200,000
0.0%
Median DOM (Sales)
47
−2.1%
New Listings (Sales)
3
−72.7%
Median Rent
$1,395
−0.4%
Median DOM (Rental)
22
−37.1%
Total Rental Listings
43
+7.5%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (36 DOM)
- Fastest renting: Condo (14 DOM)
- Strongest bedroom: 6 Beds ($362,500 median)
Sales Market Overview
Median Price
$200,000
0.0%
Median DOM
47
−2.1%
New Listings
3
−72.7%
Inventory
62
−3.1%
- Average Price: $206,306
- Median Price: $200,000
- Price Range: $19,999 – $609,900
- Price per Sq Ft (Avg/Median): $143 / $138
- Square Footage (Avg/Median): 1,520 / 1,444
- Square Footage Range: 600 – 2,810
- Days on Market (Avg/Median): 75 / 47
- Days on Market Range: 2 – 295
- New Listings: 3
- Total Listings: 62
Sales by Property Type
Condo
Avg/Median Price$111,421 / $99,000Range$65,000 – $235,000Price per Sq Ft$118 / $109Sq Ft1,014 / 890DOM96 / 60New1Total14
Land
Avg/Median Price$38,700 / $39,900Range$19,999 – $49,999Price per Sq Ft—Sq Ft—DOM89 / 59New0Total4
Multi-Family
Avg/Median Price$304,443 / $239,900Range$194,000 – $609,900Price per Sq Ft$114 / $114Sq Ft1,700 / 1,700DOM88 / 94New0Total7
Single Family
Avg/Median Price$240,427 / $235,000Range$109,900 – $498,500Price per Sq Ft$153 / $152Sq Ft1,659 / 1,521DOM63 / 41New2Total36
Townhouse
Avg/Median Price$289,800 / $289,800Range$289,800 – $289,800Price per Sq Ft$121 / $121Sq Ft2,400 / 2,400DOM36 / 36New0Total1
Sales by Bedroom Count
Studio
Avg:$200,000Median:$200,000Range:$200,000 – $200,000PSF:—Sq Ft:—DOM:62 / 62New:0Total:1
1 Beds
Avg:$77,975Median:$72,900Range:$65,000 – $99,000PSF:$107 / $104Sq Ft:667 / 700DOM:90 / 51New:1Total:4
2 Beds
Avg:$139,092Median:$115,000Range:$69,000 – $235,000PSF:$135 / $129Sq Ft:1,113 / 952DOM:68 / 47New:1Total:13
3 Beds
Avg:$229,153Median:$239,900Range:$121,000 – $319,700PSF:$158 / $152Sq Ft:1,526 / 1,341DOM:75 / 38New:1Total:19
4 Beds
Avg:$267,164Median:$289,000Range:$150,000 – $380,000PSF:$142 / $147Sq Ft:1,933 / 1,962DOM:85 / 60New:0Total:11
5 Beds
Avg:$271,710Median:$239,900Range:$139,873 – $498,500PSF:$142 / $138Sq Ft:1,997 / 2,172DOM:47 / 30New:0Total:7
6 Beds
Avg:$373,800Median:$362,500Range:$149,000 – $609,900PSF:$62 / $62Sq Ft:2,400 / 2,400DOM:91 / 94New:0Total:3
| 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 | — | — | 62 / 62 | 0 | 1 |
| 1 Beds | $77,975 | $72,900 | $65,000 – $99,000 | $107 / $104 | 667 / 700 | 90 / 51 | 1 | 4 |
| 2 Beds | $139,092 | $115,000 | $69,000 – $235,000 | $135 / $129 | 1,113 / 952 | 68 / 47 | 1 | 13 |
| 3 Beds | $229,153 | $239,900 | $121,000 – $319,700 | $158 / $152 | 1,526 / 1,341 | 75 / 38 | 1 | 19 |
| 4 Beds | $267,164 | $289,000 | $150,000 – $380,000 | $142 / $147 | 1,933 / 1,962 | 85 / 60 | 0 | 11 |
| 5 Beds | $271,710 | $239,900 | $139,873 – $498,500 | $142 / $138 | 1,997 / 2,172 | 47 / 30 | 0 | 7 |
| 6 Beds | $373,800 | $362,500 | $149,000 – $609,900 | $62 / $62 | 2,400 / 2,400 | 91 / 94 | 0 | 3 |
Rental Market Overview
Median Rent
$1,395
−0.4%
Median DOM
22
−37.1%
New Listings
5
Inventory
43
+7.5%
- Average Rent: $1,524
- Median Rent: $1,395
- Rent Range: $785 – $2,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 949 / 800
- Square Footage Range: 308 – 2,294
- Days on Market (Avg/Median): 63 / 22
- Days on Market Range: 2 – 350
- New Listings: 5
- Total Listings: 43
Rentals by Property Type
Apartment
$1,200
Median DOM: 17
Inventory: 22
MoM: −0.4%
Condo
$1,400
Median DOM: 14
Inventory: 8
MoM: −0.4%
Single Family
$1,900
Median DOM: 36
Inventory: 13
MoM: −0.4%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.4%
Apartment
Avg/Median Rent$1,283 / $1,200Range$785 – $2,100Rent per Sq Ft$2 / $2Sq Ft770 / 784DOM78 / 17New4Total22
Condo
Avg/Median Rent$1,553 / $1,400Range$1,050 – $2,300Rent per Sq Ft$1 / $1Sq Ft978 / 950DOM22 / 14New1Total8
Single Family
Avg/Median Rent$1,913 / $1,900Range$950 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,220 / 1,114DOM66 / 36New0Total13
Rentals by Bedroom Count
Studio
Avg:$968Median:$785Range:$785 – $1,150PSF:$2 / $2Sq Ft:429 / 308DOM:238 / 125New:0Total:2
1 Beds
Avg:$1,151Median:$1,200Range:$925 – $1,415PSF:$2 / $2Sq Ft:660 / 650DOM:74 / 30New:3Total:15
2 Beds
Avg:$1,358Median:$1,395Range:$1,100 – $1,700PSF:$2 / $1Sq Ft:867 / 900DOM:26 / 14New:1Total:11
3 Beds
Avg:$2,053Median:$2,100Range:$1,521 – $2,600PSF:$2 / $1Sq Ft:1,285 / 1,300DOM:46 / 16New:1Total:13
4 Beds
Avg:$1,900Median:$1,900Range:$1,900 – $1,900PSF:$2 / $2Sq Ft:1,144 / 1,144DOM:85 / 85New:0Total:1
5 Beds
Avg:$2,800Median:$2,800Range:$2,800 – $2,800PSF:$1 / $1Sq Ft:2,294 / 2,294DOM:72 / 72New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $968 | $785 | $785 – $1,150 | $2 / $2 | 429 / 308 | 238 / 125 | 0 | 2 |
| 1 Beds | $1,151 | $1,200 | $925 – $1,415 | $2 / $2 | 660 / 650 | 74 / 30 | 3 | 15 |
| 2 Beds | $1,358 | $1,395 | $1,100 – $1,700 | $2 / $1 | 867 / 900 | 26 / 14 | 1 | 11 |
| 3 Beds | $2,053 | $2,100 | $1,521 – $2,600 | $2 / $1 | 1,285 / 1,300 | 46 / 16 | 1 | 13 |
| 4 Beds | $1,900 | $1,900 | $1,900 – $1,900 | $2 / $2 | 1,144 / 1,144 | 85 / 85 | 0 | 1 |
| 5 Beds | $2,800 | $2,800 | $2,800 – $2,800 | $1 / $1 | 2,294 / 2,294 | 72 / 72 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$229,900Median DOM:53New:18Total:86
Nov 2025
Median Price:$229,000Median DOM:65New:12Total:79
Dec 2025
Median Price:$225,000Median DOM:62New:12Total:76
Jan 2026
Median Price:$207,997Median DOM:52New:18Total:77
Feb 2026
Median Price:$200,000Median DOM:48New:11Total:64
Mar 2026
Median Price:$200,000Median DOM:47New:3Total:62
6-Month Rental Trend
Oct 2025
Median Rent:$1,350Median DOM:28New:19Total:58
Nov 2025
Median Rent:$1,350Median DOM:32New:8Total:53
Dec 2025
Median Rent:$1,350Median DOM:47New:7Total:47
Jan 2026
Median Rent:$1,300Median DOM:36New:8Total:36
Feb 2026
Median Rent:$1,400Median DOM:35New:10Total:40
Mar 2026
Median Rent:$1,395Median DOM:22New:5Total:43
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro