ZIP 60409 Housing Market Report
Chicago Metro
Report period: May 2026
60409 Monthly Market Update – May 2026
ZIP 60409 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$160,000
0.0%
Median DOM (Sales)
50
−2.0%
New Listings (Sales)
12
−80.3%
Median Rent
$1,600
−3.0%
Median DOM (Rental)
57
+21.3%
Total Rental Listings
50
−18.0%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (8 DOM)
- Fastest renting: Multi-Family (34 DOM)
- Strongest bedroom: 8 Beds ($350,000 median)
Sales Market Overview
Median Price
$160,000
0.0%
Median DOM
50
−2.0%
New Listings
12
−80.3%
Inventory
257
−3.0%
- Average Price: $160,646
- Median Price: $160,000
- Price Range: $5,000 – $410,000
- Price per Sq Ft (Avg/Median): $122 / $123
- Square Footage (Avg/Median): 1,393 / 1,215
- Square Footage Range: 680 – 6,160
- Days on Market (Avg/Median): 81 / 50
- Days on Market Range: 2 – 365
- New Listings: 12
- Total Listings: 257
Sales by Property Type
Condo
Avg/Median Price$82,439 / $85,000Range$34,900 – $122,000Price per Sq Ft$85 / $83Sq Ft954 / 900DOM94 / 62New0Total18
Land
Avg/Median Price$14,286 / $15,000Range$5,000 – $20,000Price per Sq Ft—Sq Ft—DOM36 / 25New0Total14
Multi-Family
Avg/Median Price$255,016 / $241,000Range$30,000 – $410,000Price per Sq Ft$94 / $94Sq Ft3,850 / 3,850DOM71 / 42New0Total22
Single Family
Avg/Median Price$167,489 / $165,000Range$24,500 – $350,000Price per Sq Ft$125 / $126Sq Ft1,422 / 1,244DOM84 / 51New11Total202
Townhouse
Avg/Median Price$159,000 / $159,000Range$159,000 – $159,000Price per Sq Ft$153 / $153Sq Ft1,040 / 1,040DOM8 / 8New1Total1
Sales by Bedroom Count
1 Beds
Avg:$63,460Median:$47,500Range:$34,900 – $129,900PSF:$75 / $60Sq Ft:822 / 800DOM:73 / 61New:0Total:5
2 Beds
Avg:$110,535Median:$97,900Range:$24,500 – $229,900PSF:$99 / $98Sq Ft:1,067 / 1,000DOM:93 / 46New:2Total:37
3 Beds
Avg:$166,028Median:$165,000Range:$30,000 – $350,000PSF:$135 / $135Sq Ft:1,313 / 1,200DOM:87 / 54New:6Total:127
4 Beds
Avg:$190,116Median:$190,000Range:$59,000 – $329,788PSF:$119 / $123Sq Ft:1,719 / 1,547DOM:65 / 44New:4Total:47
5 Beds
Avg:$187,411Median:$199,000Range:$64,000 – $339,900PSF:$93 / $95Sq Ft:2,095 / 1,811DOM:95 / 65New:0Total:9
6 Beds
Avg:$220,955Median:$205,000Range:$129,900 – $359,900PSF:$57 / $56Sq Ft:2,528 / 2,519DOM:66 / 20New:0Total:10
7 Beds
Avg:$332,000Median:$299,000Range:$299,000 – $365,000PSF:—Sq Ft:—DOM:55 / 49New:0Total:2
8 Beds
Avg:$349,617Median:$350,000Range:$241,000 – $410,000PSF:$94 / $94Sq Ft:3,850 / 3,850DOM:100 / 42New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $63,460 | $47,500 | $34,900 – $129,900 | $75 / $60 | 822 / 800 | 73 / 61 | 0 | 5 |
| 2 Beds | $110,535 | $97,900 | $24,500 – $229,900 | $99 / $98 | 1,067 / 1,000 | 93 / 46 | 2 | 37 |
| 3 Beds | $166,028 | $165,000 | $30,000 – $350,000 | $135 / $135 | 1,313 / 1,200 | 87 / 54 | 6 | 127 |
| 4 Beds | $190,116 | $190,000 | $59,000 – $329,788 | $119 / $123 | 1,719 / 1,547 | 65 / 44 | 4 | 47 |
| 5 Beds | $187,411 | $199,000 | $64,000 – $339,900 | $93 / $95 | 2,095 / 1,811 | 95 / 65 | 0 | 9 |
| 6 Beds | $220,955 | $205,000 | $129,900 – $359,900 | $57 / $56 | 2,528 / 2,519 | 66 / 20 | 0 | 10 |
| 7 Beds | $332,000 | $299,000 | $299,000 – $365,000 | — | — | 55 / 49 | 0 | 2 |
| 8 Beds | $349,617 | $350,000 | $241,000 – $410,000 | $94 / $94 | 3,850 / 3,850 | 100 / 42 | 0 | 6 |
Rental Market Overview
Median Rent
$1,600
−3.0%
Median DOM
57
+21.3%
New Listings
2
Inventory
50
−18.0%
- Average Rent: $1,627
- Median Rent: $1,600
- Rent Range: $975 – $2,700
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 983 / 1,000
- Square Footage Range: 500 – 2,000
- Days on Market (Avg/Median): 63 / 57
- Days on Market Range: 1 – 236
- New Listings: 2
- Total Listings: 50
Rentals by Property Type
Apartment
$1,350
Median DOM: 72
Inventory: 24
MoM: −3.0%
Condo
$1,850
Median DOM: 65
Inventory: 4
MoM: −3.0%
Single Family
$1,900
Median DOM: 44
Inventory: 20
MoM: −3.0%
Townhouse
$1,900
Median DOM: 183
Inventory: 1
MoM: −3.0%
Apartment
Avg/Median Rent$1,359 / $1,350Range$975 – $1,850Rent per Sq Ft$2 / $2Sq Ft847 / 800DOM77 / 72New2Total24
Condo
Avg/Median Rent$1,869 / $1,850Range$1,800 – $1,925Rent per Sq Ft$2 / $2Sq Ft1,133 / 1,000DOM65 / 65New0Total4
Multi-Family
Avg/Median Rent$1,200 / $1,200Range$1,200 – $1,200Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM34 / 34New0Total1
Single Family
Avg/Median Rent$1,908 / $1,900Range$1,075 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,086 / 1,100DOM47 / 44New0Total20
Townhouse
Avg/Median Rent$1,900 / $1,900Range$1,900 – $1,900Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM183 / 183New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,123Median:$1,075Range:$975 – $1,500PSF:$1 / $1Sq Ft:846 / 800DOM:80 / 47New:0Total:13
2 Beds
Avg:$1,508Median:$1,425Range:$1,225 – $2,000PSF:$2 / $2Sq Ft:887 / 850DOM:65 / 40New:2Total:15
3 Beds
Avg:$2,010Median:$1,900Range:$1,350 – $2,700PSF:$2 / $2Sq Ft:1,101 / 1,100DOM:50 / 57New:0Total:21
4 Beds
Avg:$1,925Median:$1,925Range:$1,925 – $1,925PSF:—Sq Ft:—DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,123 | $1,075 | $975 – $1,500 | $1 / $1 | 846 / 800 | 80 / 47 | 0 | 13 |
| 2 Beds | $1,508 | $1,425 | $1,225 – $2,000 | $2 / $2 | 887 / 850 | 65 / 40 | 2 | 15 |
| 3 Beds | $2,010 | $1,900 | $1,350 – $2,700 | $2 / $2 | 1,101 / 1,100 | 50 / 57 | 0 | 21 |
| 4 Beds | $1,925 | $1,925 | $1,925 – $1,925 | — | — | — | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$172,000Median DOM:78New:33Total:277
Jan 2026
Median Price:$172,000Median DOM:76New:63Total:266
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:$160,000Median DOM:50New:12Total:257
6-Month Rental Trend
Dec 2025
Median Rent:$1,650Median DOM:31New:20Total:68
Jan 2026
Median Rent:$1,650Median DOM:40New:17Total:73
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:$1,600Median DOM:57New:2Total:50
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 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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