ZIP 60409 Housing Market Report

Chicago Metro

Report period: July 2026

60409 Monthly Market Update – July 2026

ZIP 60409 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$165,000
0.0%
Median DOM (Sales)
50
+4.2%
New Listings (Sales)
28
−64.1%
Median Rent
$1,500
0.0%
Median DOM (Rental)
28
−9.7%
Total Rental Listings
49
+16.7%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (1 DOM)
  • Fastest renting: Condo (18 DOM)
  • Strongest bedroom: 8 Beds ($405,000 median)

Sales Market Overview

Median Price
$165,000
0.0%
Median DOM
50
+4.2%
New Listings
28
−64.1%
Inventory
246
−2.0%
  • Average Price: $166,250
  • Median Price: $165,000
  • Price Range: $5,000 – $410,000
  • Price per Sq Ft (Avg/Median): $126 / $125
  • Square Footage (Avg/Median): 1,374 / 1,206
  • Square Footage Range: 704 – 6,160
  • Days on Market (Avg/Median): 71 / 50
  • Days on Market Range: 1 – 361
  • New Listings: 28
  • Total Listings: 246

Sales by Property Type

Condo
Avg/Median Price$84,720 / $79,900Range$39,900 – $122,000Price per Sq Ft$83 / $86Sq Ft985 / 1,000DOM51 / 29New1Total20
Land
Avg/Median Price$14,286 / $15,000Range$5,000 – $20,000Price per Sq FtSq FtDOM93 / 86New0Total14
Multi-Family
Avg/Median Price$259,357 / $259,000Range$22,000 – $410,000Price per Sq Ft$160 / $127Sq Ft1,936 / 1,560DOM57 / 34New5Total28
Single Family
Avg/Median Price$172,858 / $174,900Range$24,500 – $350,000Price per Sq Ft$129 / $131Sq Ft1,407 / 1,246DOM75 / 48New20Total182
Townhouse
Avg/Median Price$140,500 / $125,000Range$125,000 – $156,000Price per Sq Ft$142 / $134Sq Ft988 / 936DOM6 / 1New2Total2

Sales by Bedroom Count

1 Beds
Avg:$47,975Median:$40,000Range:$39,900 – $60,000PSF:$58 / $50Sq Ft:838 / 800DOM:32 / 1New:1Total:4
2 Beds
Avg:$113,536Median:$110,000Range:$24,500 – $234,900PSF:$103 / $98Sq Ft:1,039 / 1,000DOM:69 / 46New:4Total:39
3 Beds
Avg:$175,121Median:$176,000Range:$22,000 – $350,000PSF:$137 / $136Sq Ft:1,369 / 1,222DOM:73 / 47New:12Total:127
4 Beds
Avg:$193,249Median:$185,000Range:$49,900 – $329,900PSF:$122 / $121Sq Ft:1,693 / 1,600DOM:76 / 48New:9Total:38
5 Beds
Avg:$238,464Median:$239,000Range:$157,500 – $329,900PSF:$111 / $116Sq Ft:1,796 / 1,629DOM:55 / 22New:2Total:11
6 Beds
Avg:$272,200Median:$285,000Range:$150,000 – $359,900PSF:$59 / $59Sq Ft:2,536 / 2,536DOM:55 / 35New:0Total:9
7 Beds
Avg:$365,000Median:$365,000Range:$365,000 – $365,000PSF:Sq Ft:DOM:69 / 69New:0Total:1
8 Beds
Avg:$352,000Median:$405,000Range:$241,000 – $410,000PSF:Sq Ft:DOM:50 / 74New:0Total:3

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
28
−9.7%
New Listings
7
Inventory
49
+16.7%
  • Average Rent: $1,546
  • Median Rent: $1,500
  • Rent Range: $950 – $2,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 925 / 870
  • Square Footage Range: 500 – 1,497
  • Days on Market (Avg/Median): 57 / 28
  • Days on Market Range: 2 – 264
  • New Listings: 7
  • Total Listings: 49

Rentals by Property Type

Apartment
$1,275
Median DOM: 27
Inventory: 29
MoM: 0.0%
Condo
$1,700
Median DOM: 18
Inventory: 5
MoM: 0.0%
Single Family
$1,690
Median DOM: 30
Inventory: 14
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,344 / $1,275Range$950 – $2,000Rent per Sq Ft$2 / $2Sq Ft835 / 800DOM66 / 27New6Total29
Condo
Avg/Median Rent$1,715 / $1,700Range$1,350 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,050 / 1,050DOM22 / 18New0Total5
Multi-Family
Avg/Median Rent$1,100 / $1,100Range$1,100 – $1,100Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM95 / 95New0Total1
Single Family
Avg/Median Rent$1,936 / $1,690Range$1,250 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,051 / 1,000DOM50 / 30New1Total14

Rentals by Bedroom Count

1 Beds
Avg:$1,133Median:$1,100Range:$950 – $1,686PSF:$2 / $2Sq Ft:742 / 800DOM:80 / 35New:3Total:17
2 Beds
Avg:$1,499Median:$1,475Range:$1,180 – $2,000PSF:$2 / $2Sq Ft:844 / 800DOM:54 / 28New:1Total:15
3 Beds
Avg:$1,980Median:$1,800Range:$1,350 – $2,600PSF:$2 / $2Sq Ft:1,123 / 1,100DOM:35 / 18New:3Total:15
4 Beds
Avg:$2,162Median:$1,925Range:$1,925 – $2,400PSF:$2 / $2Sq Ft:1,497 / 1,497DOM:30 / 30New:0Total:2

6-Month Sales Trend

Feb 2026
Median Price:$170,000Median DOM:51New:61Total:246
Mar 2026
Median Price:$169,900Median DOM:49New:58Total:256
Apr 2026
Median Price:$160,000Median DOM:51New:61Total:265
May 2026
Median Price:$159,950Median DOM:54New:35Total:250
Jun 2026
Median Price:$165,000Median DOM:48New:78Total:251
Jul 2026
Median Price:$165,000Median DOM:50New:28Total:246

6-Month Rental Trend

Feb 2026
Median Rent:$1,700Median DOM:40New:17Total:77
Mar 2026
Median Rent:$1,600Median DOM:54New:6Total:65
Apr 2026
Median Rent:$1,650Median DOM:47New:8Total:61
May 2026
Median Rent:$1,500Median DOM:53New:10Total:47
Jun 2026
Median Rent:$1,500Median DOM:31New:9Total:42
Jul 2026
Median Rent:$1,500Median DOM:28New:7Total:49

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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