ZIP 60409 Housing Market Report
Chicago Metro
Report period: August 2026
60409 Monthly Market Update – August 2026
ZIP 60409 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$165,000
0.0%
Median DOM (Sales)
42
−12.5%
New Listings (Sales)
40
−40.3%
Median Rent
$1,500
+1.7%
Median DOM (Rental)
31
+3.3%
Total Rental Listings
40
−9.1%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (1 DOM)
- Fastest renting: Single Family (27 DOM)
- Strongest bedroom: 8 Beds ($319,000 median)
Sales Market Overview
Median Price
$165,000
0.0%
Median DOM
42
−12.5%
New Listings
40
−40.3%
Inventory
236
−1.7%
- Average Price: $168,410
- Median Price: $165,000
- Price Range: $5,000 – $439,000
- Price per Sq Ft (Avg/Median): $127 / $123
- Square Footage (Avg/Median): 1,425 / 1,239
- Square Footage Range: 704 – 6,160
- Days on Market (Avg/Median): 65 / 42
- Days on Market Range: 1 – 363
- New Listings: 40
- Total Listings: 236
Sales by Property Type
Condo
Avg/Median Price$85,921 / $79,900Range$39,900 – $122,000Price per Sq Ft$82 / $86Sq Ft1,010 / 1,050DOM54 / 24New4Total19
Land
Avg/Median Price$14,231 / $15,000Range$5,000 – $20,000Price per Sq Ft—Sq Ft—DOM126 / 116New0Total13
Multi-Family
Avg/Median Price$250,168 / $275,000Range$19,000 – $410,000Price per Sq Ft$164 / $127Sq Ft2,241 / 1,560DOM55 / 23New4Total27
Single Family
Avg/Median Price$176,524 / $172,000Range$24,500 – $439,000Price per Sq Ft$130 / $130Sq Ft1,443 / 1,260DOM64 / 42New32Total175
Townhouse
Avg/Median Price$140,500 / $125,000Range$125,000 – $156,000Price per Sq Ft$142 / $134Sq Ft988 / 936DOM15 / 1New0Total2
Sales by Bedroom Count
1 Beds
Avg:$53,760Median:$52,000Range:$39,900 – $76,900PSF:$58 / $50Sq Ft:838 / 800DOM:29 / 1New:3Total:5
2 Beds
Avg:$113,814Median:$104,900Range:$24,500 – $227,900PSF:$103 / $99Sq Ft:1,037 / 1,000DOM:73 / 56New:3Total:35
3 Beds
Avg:$180,624Median:$177,000Range:$19,000 – $350,000PSF:$138 / $137Sq Ft:1,400 / 1,239DOM:60 / 36New:24Total:123
4 Beds
Avg:$183,085Median:$179,000Range:$49,000 – $314,000PSF:$117 / $117Sq Ft:1,685 / 1,600DOM:66 / 40New:6Total:36
5 Beds
Avg:$253,410Median:$200,000Range:$157,500 – $439,000PSF:$118 / $123Sq Ft:1,919 / 1,811DOM:61 / 17New:0Total:10
6 Beds
Avg:$251,400Median:$275,900Range:$35,500 – $359,900PSF:$83 / $59Sq Ft:2,780 / 2,536DOM:53 / 30New:3Total:8
8 Beds
Avg:$325,733Median:$319,000Range:$241,000 – $410,000PSF:$176 / $86Sq Ft:2,850 / 1,200DOM:33 / 10New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $53,760 | $52,000 | $39,900 – $76,900 | $58 / $50 | 838 / 800 | 29 / 1 | 3 | 5 |
| 2 Beds | $113,814 | $104,900 | $24,500 – $227,900 | $103 / $99 | 1,037 / 1,000 | 73 / 56 | 3 | 35 |
| 3 Beds | $180,624 | $177,000 | $19,000 – $350,000 | $138 / $137 | 1,400 / 1,239 | 60 / 36 | 24 | 123 |
| 4 Beds | $183,085 | $179,000 | $49,000 – $314,000 | $117 / $117 | 1,685 / 1,600 | 66 / 40 | 6 | 36 |
| 5 Beds | $253,410 | $200,000 | $157,500 – $439,000 | $118 / $123 | 1,919 / 1,811 | 61 / 17 | 0 | 10 |
| 6 Beds | $251,400 | $275,900 | $35,500 – $359,900 | $83 / $59 | 2,780 / 2,536 | 53 / 30 | 3 | 8 |
| 8 Beds | $325,733 | $319,000 | $241,000 – $410,000 | $176 / $86 | 2,850 / 1,200 | 33 / 10 | 1 | 6 |
Rental Market Overview
Median Rent
$1,500
+1.7%
Median DOM
31
+3.3%
New Listings
3
Inventory
40
−9.1%
- Average Rent: $1,587
- Median Rent: $1,500
- Rent Range: $975 – $2,600
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 916 / 875
- Square Footage Range: 510 – 1,497
- Days on Market (Avg/Median): 65 / 31
- Days on Market Range: 4 – 222
- New Listings: 3
- Total Listings: 40
Rentals by Property Type
Apartment
$1,200
Median DOM: 30
Inventory: 22
MoM: +1.7%
Condo
$2,000
Median DOM: 36
Inventory: 3
MoM: +1.7%
Single Family
$1,950
Median DOM: 27
Inventory: 14
MoM: +1.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +1.7%
Apartment
Avg/Median Rent$1,327 / $1,200Range$975 – $1,850Rent per Sq Ft$2 / $2Sq Ft808 / 800DOM71 / 30New1Total22
Condo
Avg/Median Rent$1,867 / $2,000Range$1,600 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,017 / 1,000DOM44 / 36New0Total3
Multi-Family
Avg/Median Rent$1,100 / $1,100Range$1,100 – $1,100Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM125 / 125New0Total1
Single Family
Avg/Median Rent$1,971 / $1,950Range$1,400 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,043 / 1,000DOM59 / 27New2Total14
Rentals by Bedroom Count
1 Beds
Avg:$1,134Median:$1,100Range:$975 – $1,500PSF:$2 / $2Sq Ft:752 / 800DOM:96 / 71New:1Total:13
2 Beds
Avg:$1,575Median:$1,500Range:$1,180 – $2,450PSF:$2 / $2Sq Ft:853 / 800DOM:70 / 31New:2Total:14
3 Beds
Avg:$2,024Median:$2,000Range:$1,450 – $2,600PSF:$2 / $2Sq Ft:1,097 / 1,100DOM:34 / 27New:0Total:12
4 Beds
Avg:$2,400Median:$2,400Range:$2,400 – $2,400PSF:$2 / $2Sq Ft:1,497 / 1,497DOM:41 / 41New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,134 | $1,100 | $975 – $1,500 | $2 / $2 | 752 / 800 | 96 / 71 | 1 | 13 |
| 2 Beds | $1,575 | $1,500 | $1,180 – $2,450 | $2 / $2 | 853 / 800 | 70 / 31 | 2 | 14 |
| 3 Beds | $2,024 | $2,000 | $1,450 – $2,600 | $2 / $2 | 1,097 / 1,100 | 34 / 27 | 0 | 12 |
| 4 Beds | $2,400 | $2,400 | $2,400 – $2,400 | $2 / $2 | 1,497 / 1,497 | 41 / 41 | 0 | 1 |
6-Month Sales Trend
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:48New:67Total:240
Aug 2026
Median Price:$165,000Median DOM:42New:40Total:236
6-Month Rental Trend
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:$1,475Median DOM:30New:13Total:44
Aug 2026
Median Rent:$1,500Median DOM:31New:3Total:40
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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