ZIP 60418 Housing Market Report
Chicago Metro
Report period: August 2026
60418 Monthly Market Update – August 2026
ZIP 60418 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$199,000
0.0%
Median DOM (Sales)
4
−20.0%
New Listings (Sales)
17
−22.7%
Median Rent
$1,900
+2.7%
Median DOM (Rental)
14
0.0%
Total Rental Listings
5
+25.0%
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: Condo (1 DOM)
- Fastest renting: Condo (4 DOM)
- Strongest bedroom: 5 Beds ($530,000 median)
Sales Market Overview
Median Price
$199,000
0.0%
Median DOM
4
−20.0%
New Listings
17
−22.7%
Inventory
56
+1.8%
- Average Price: $278,987
- Median Price: $199,000
- Price Range: $18,000 – $2,100,000
- Price per Sq Ft (Avg/Median): $190 / $174
- Square Footage (Avg/Median): 1,295 / 1,160
- Square Footage Range: 800 – 2,900
- Days on Market (Avg/Median): 27 / 4
- Days on Market Range: 1 – 199
- New Listings: 17
- Total Listings: 56
Sales by Property Type
Condo
Avg/Median Price$169,465 / $168,500Range$90,000 – $220,000Price per Sq Ft$164 / $169Sq Ft1,034 / 1,000DOM19 / 1New9Total29
Land
Avg/Median Price$626,580 / $165,000Range$18,000 – $2,100,000Price per Sq Ft—Sq Ft—DOM59 / 4New1Total5
Single Family
Avg/Median Price$344,805 / $335,000Range$284,000 – $530,000Price per Sq Ft$223 / $219Sq Ft1,621 / 1,500DOM23 / 12New7Total21
Townhouse
Avg/Median Price$335,000 / $335,000Range$335,000 – $335,000Price per Sq Ft$221 / $221Sq Ft1,514 / 1,514DOM199 / 199New0Total1
Sales by Bedroom Count
1 Beds
Avg:$131,000Median:$131,000Range:$131,000 – $131,000PSF:$164 / $164Sq Ft:800 / 800DOM:87 / 87New:0Total:1
2 Beds
Avg:$170,839Median:$168,500Range:$90,000 – $220,000PSF:$164 / $169Sq Ft:1,043 / 1,000DOM:17 / 1New:9Total:28
3 Beds
Avg:$339,529Median:$335,000Range:$285,000 – $393,800PSF:$231 / $234Sq Ft:1,532 / 1,500DOM:28 / 6New:6Total:17
4 Beds
Avg:$302,967Median:$289,900Range:$284,000 – $335,000PSF:$204 / $199Sq Ft:1,487 / 1,471DOM:44 / 49New:0Total:3
5 Beds
Avg:$530,000Median:$530,000Range:$530,000 – $530,000PSF:$183 / $183Sq Ft:2,900 / 2,900DOM:73 / 73New:0Total:1
6 Beds
Avg:$365,000Median:$365,000Range:$365,000 – $365,000PSF:$170 / $170Sq Ft:2,150 / 2,150DOM:1 / 1New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $131,000 | $131,000 | $131,000 – $131,000 | $164 / $164 | 800 / 800 | 87 / 87 | 0 | 1 |
| 2 Beds | $170,839 | $168,500 | $90,000 – $220,000 | $164 / $169 | 1,043 / 1,000 | 17 / 1 | 9 | 28 |
| 3 Beds | $339,529 | $335,000 | $285,000 – $393,800 | $231 / $234 | 1,532 / 1,500 | 28 / 6 | 6 | 17 |
| 4 Beds | $302,967 | $289,900 | $284,000 – $335,000 | $204 / $199 | 1,487 / 1,471 | 44 / 49 | 0 | 3 |
| 5 Beds | $530,000 | $530,000 | $530,000 – $530,000 | $183 / $183 | 2,900 / 2,900 | 73 / 73 | 0 | 1 |
| 6 Beds | $365,000 | $365,000 | $365,000 – $365,000 | $170 / $170 | 2,150 / 2,150 | 1 / 1 | 1 | 1 |
Rental Market Overview
Median Rent
$1,900
+2.7%
Median DOM
14
0.0%
New Listings
2
Inventory
5
+25.0%
- Average Rent: $2,120
- Median Rent: $1,900
- Rent Range: $1,850 – $3,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,270 / 1,000
- Square Footage Range: 1,000 – 2,248
- Days on Market (Avg/Median): 15 / 14
- Days on Market Range: 4 – 30
- New Listings: 2
- Total Listings: 5
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: +2.7%
Condo
$1,850
Median DOM: 4
Inventory: 2
MoM: +2.7%
Single Family
$1,900
Median DOM: 14
Inventory: 3
MoM: +2.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +2.7%
Condo
Avg/Median Rent$1,925 / $1,850Range$1,850 – $2,000Rent per Sq Ft$2 / $2Sq Ft1,050 / 1,000DOM17 / 4New1Total2
Single Family
Avg/Median Rent$2,250 / $1,900Range$1,850 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,416 / 1,000DOM13 / 14New1Total3
Rentals by Bedroom Count
2 Beds
Avg:$1,900Median:$1,850Range:$1,850 – $2,000PSF:$2 / $2Sq Ft:1,025 / 1,000DOM:15 / 10New:2Total:4
5 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:$1 / $1Sq Ft:2,248 / 2,248DOM:16 / 16New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,900 | $1,850 | $1,850 – $2,000 | $2 / $2 | 1,025 / 1,000 | 15 / 10 | 2 | 4 |
| 5 Beds | $3,000 | $3,000 | $3,000 – $3,000 | $1 / $1 | 2,248 / 2,248 | 16 / 16 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$209,950Median DOM:11New:18Total:41
Apr 2026
Median Price:$205,900Median DOM:13New:17Total:49
May 2026
Median Price:$207,500Median DOM:11New:20Total:55
Jun 2026
Median Price:$205,000Median DOM:10New:20Total:56
Jul 2026
Median Price:$199,000Median DOM:5New:22Total:55
Aug 2026
Median Price:$199,000Median DOM:4New:17Total:56
6-Month Rental Trend
Mar 2026
Median Rent:$2,100Median DOM:59New:0Total:4
Apr 2026
Median Rent:$1,800Median DOM:15New:2Total:4
May 2026
Median Rent:$1,700Median DOM:12New:2Total:4
Jun 2026
Median Rent:$1,800Median DOM:18New:2Total:6
Jul 2026
Median Rent:$1,850Median DOM:14New:1Total:4
Aug 2026
Median Rent:$1,900Median DOM:14New:2Total:5
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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