ZIP 60418 Housing Market Report
Chicago Metro
Report period: May 2026
60418 Monthly Market Update – May 2026
ZIP 60418 · Last updated May 10, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$207,500
+0.8%
Median DOM (Sales)
11
−15.4%
New Listings (Sales)
5
−70.6%
Median Rent
$1,750
−2.8%
Median DOM (Rental)
21
+40.0%
Total Rental Listings
4
0.0%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents softened.
What's Moving Fastest
- Fastest selling: Land (5 DOM)
- Fastest renting: Condo (21 DOM)
- Strongest bedroom: 4 Beds ($350,000 median)
Sales Market Overview
Median Price
$207,500
+0.8%
Median DOM
11
−15.4%
New Listings
5
−70.6%
Inventory
52
+6.1%
- Average Price: $255,254
- Median Price: $207,500
- Price Range: $18,000 – $749,900
- Price per Sq Ft (Avg/Median): $190 / $175
- Square Footage (Avg/Median): 1,380 / 1,154
- Square Footage Range: 700 – 3,800
- Days on Market (Avg/Median): 22 / 11
- Days on Market Range: 2 – 151
- New Listings: 5
- Total Listings: 52
Sales by Property Type
Condo
Avg/Median Price$176,921 / $180,000Range$90,000 – $210,000Price per Sq Ft$172 / $170Sq Ft1,021 / 1,000DOM17 / 11New3Total26
Land
Avg/Median Price$310,967 / $165,000Range$18,000 – $749,900Price per Sq Ft—Sq Ft—DOM26 / 5New1Total3
Single Family
Avg/Median Price$347,710 / $349,900Range$244,000 – $525,000Price per Sq Ft$212 / $209Sq Ft1,779 / 1,650DOM20 / 10New1Total19
Townhouse
Avg/Median Price$283,468 / $239,000Range$235,000 – $335,000Price per Sq Ft$189 / $183Sq Ft1,544 / 1,309DOM56 / 14New0Total4
Sales by Bedroom Count
1 Beds
Avg:$134,250Median:$131,000Range:$131,000 – $137,500PSF:$180 / $164Sq Ft:750 / 700DOM:41 / 29New:0Total:2
2 Beds
Avg:$190,012Median:$190,000Range:$90,000 – $324,873PSF:$172 / $170Sq Ft:1,111 / 1,052DOM:16 / 11New:3Total:27
3 Beds
Avg:$326,264Median:$320,000Range:$244,000 – $384,999PSF:$227 / $214Sq Ft:1,514 / 1,514DOM:28 / 14New:1Total:14
4 Beds
Avg:$395,633Median:$350,000Range:$310,000 – $525,000PSF:$178 / $148Sq Ft:2,352 / 2,100DOM:25 / 10New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $134,250 | $131,000 | $131,000 – $137,500 | $180 / $164 | 750 / 700 | 41 / 29 | 0 | 2 |
| 2 Beds | $190,012 | $190,000 | $90,000 – $324,873 | $172 / $170 | 1,111 / 1,052 | 16 / 11 | 3 | 27 |
| 3 Beds | $326,264 | $320,000 | $244,000 – $384,999 | $227 / $214 | 1,514 / 1,514 | 28 / 14 | 1 | 14 |
| 4 Beds | $395,633 | $350,000 | $310,000 – $525,000 | $178 / $148 | 2,352 / 2,100 | 25 / 10 | 0 | 6 |
Rental Market Overview
Median Rent
$1,750
−2.8%
Median DOM
21
+40.0%
New Listings
1
Inventory
4
0.0%
- Average Rent: $1,788
- Median Rent: $1,750
- Rent Range: $1,700 – $1,900
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,025 / 1,000
- Square Footage Range: 900 – 1,200
- Days on Market (Avg/Median): 18 / 21
- Days on Market Range: 3 – 25
- New Listings: 1
- Total Listings: 4
Rentals by Property Type
Apartment
—
Median DOM: —
Inventory: —
MoM: −2.8%
Condo
$1,800
Median DOM: 21
Inventory: 3
MoM: −2.8%
Single Family
$1,750
Median DOM: 25
Inventory: 1
MoM: −2.8%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −2.8%
Condo
Avg/Median Rent$1,800 / $1,800Range$1,700 – $1,900Rent per Sq Ft$2 / $2Sq Ft1,067 / 1,000DOM16 / 21New1Total3
Single Family
Avg/Median Rent$1,750 / $1,750Range$1,750 – $1,750Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM25 / 25New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$1,788Median:$1,750Range:$1,700 – $1,900PSF:$2 / $2Sq Ft:1,025 / 1,000DOM:18 / 21New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,788 | $1,750 | $1,700 – $1,900 | $2 / $2 | 1,025 / 1,000 | 18 / 21 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$198,000Median DOM:50New:6Total:54
Jan 2026
Median Price:$199,000Median DOM:46New:9Total:51
Feb 2026
Median Price:$205,900Median DOM:16New:14Total:35
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:5Total:52
6-Month Rental Trend
Dec 2025
Median Rent:$1,850Median DOM:18New:1Total:7
Jan 2026
Median Rent:$1,750Median DOM:26New:1Total:4
Feb 2026
Median Rent:$2,100Median DOM:54New:1Total:5
Mar 2026
Median Rent:$2,100Median DOM:59New:0Total:4
Apr 2026
Median Rent:$1,800Median DOM:15New:2Total:4
May 2026
Median Rent:$1,750Median DOM:21New:1Total:4
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.
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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