ZIP 60422 Housing Market Report

Chicago Metro

Report period: May 2026

60422 Monthly Market Update – May 2026

ZIP 60422 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$339,000
+2.7%
Median DOM (Sales)
33
−5.7%
New Listings (Sales)
5
−64.3%
Median Rent
$2,200
0.0%
Median DOM (Rental)
15
+25.0%
Total Rental Listings
11
+10.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (26 DOM)
  • Fastest renting: Single Family (4 DOM)
  • Strongest bedroom: 5 Beds ($644,500 median)

Sales Market Overview

Median Price
$339,000
+2.7%
Median DOM
33
−5.7%
New Listings
5
−64.3%
Inventory
54
0.0%
  • Average Price: $361,183
  • Median Price: $339,000
  • Price Range: $89,900 – $925,000
  • Price per Sq Ft (Avg/Median): $159 / $153
  • Square Footage (Avg/Median): 2,375 / 2,000
  • Square Footage Range: 800 – 7,881
  • Days on Market (Avg/Median): 79 / 33
  • Days on Market Range: 3 – 335
  • New Listings: 5
  • Total Listings: 54

Sales by Property Type

Condo
Avg/Median Price$170,200 / $175,000Range$103,000 – $239,900Price per Sq Ft$130 / $132Sq Ft1,298 / 1,300DOM88 / 50New1Total11
Land
Avg/Median Price$234,950 / $125,000Range$89,900 – $399,900Price per Sq FtSq FtDOM214 / 148New0Total4
Single Family
Avg/Median Price$446,885 / $395,000Range$259,871 – $925,000Price per Sq Ft$168 / $159Sq Ft2,806 / 2,431DOM55 / 26New4Total35
Townhouse
Avg/Median Price$262,725 / $250,500Range$243,000 – $287,500Price per Sq Ft$157 / $152Sq Ft1,670 / 1,652DOM122 / 86New0Total4

Sales by Bedroom Count

1 Beds
Avg:$106,000Median:$103,000Range:$103,000 – $109,000PSF:$110 / $108Sq Ft:966 / 950DOM:43 / 25New:0Total:2
2 Beds
Avg:$191,340Median:$185,000Range:$105,300 – $269,900PSF:$144 / $152Sq Ft:1,308 / 1,300DOM:109 / 86New:0Total:5
3 Beds
Avg:$263,131Median:$259,871Range:$126,000 – $399,999PSF:$164 / $162Sq Ft:1,609 / 1,690DOM:83 / 33New:1Total:15
4 Beds
Avg:$441,867Median:$399,900Range:$278,000 – $749,000PSF:$165 / $156Sq Ft:2,724 / 2,492DOM:47 / 26New:4Total:21
5 Beds
Avg:$595,600Median:$644,500Range:$374,900 – $925,000PSF:$155 / $149Sq Ft:4,184 / 3,351DOM:75 / 21New:0Total:7

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
15
+25.0%
New Listings
0
Inventory
11
+10.0%
  • Average Rent: $2,177
  • Median Rent: $2,200
  • Rent Range: $1,300 – $3,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,429 / 1,408
  • Square Footage Range: 750 – 2,211
  • Days on Market (Avg/Median): 33 / 15
  • Days on Market Range: 3 – 93
  • New Listings: 0
  • Total Listings: 11

Rentals by Property Type

Apartment
$1,700
Median DOM: 46
Inventory: 6
MoM: 0.0%
Condo
$1,850
Median DOM: 48
Inventory: 1
MoM: 0.0%
Single Family
$2,650
Median DOM: 4
Inventory: 3
MoM: 0.0%
Townhouse
$3,000
Median DOM: 42
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,812 / $1,700Range$1,300 – $2,200Rent per Sq Ft$2 / $1Sq Ft1,208 / 1,200DOM50 / 46New0Total6
Condo
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM48 / 48New0Total1
Single Family
Avg/Median Rent$2,740 / $2,650Range$2,570 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,587 / 1,408DOM7 / 4New0Total3
Townhouse
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$1 / $1Sq Ft2,211 / 2,211DOM42 / 42New0Total1

Rentals by Bedroom Count

Studio
Avg:$1,300Median:$1,300Range:$1,300 – $1,300PSF:$1 / $1Sq Ft:900 / 900DOM:12 / 12New:0Total:1
1 Beds
Avg:$1,375Median:$1,375Range:$1,375 – $1,375PSF:$2 / $2Sq Ft:750 / 750DOM:New:0Total:1
2 Beds
Avg:$2,250Median:$2,100Range:$1,700 – $3,000PSF:$1 / $1Sq Ft:1,603 / 1,500DOM:60 / 46New:0Total:4
3 Beds
Avg:$2,454Median:$2,570Range:$1,850 – $3,000PSF:$2 / $2Sq Ft:1,532 / 1,408DOM:18 / 4New:0Total:5

6-Month Sales Trend

Dec 2025
Median Price:$299,000Median DOM:59New:7Total:68
Jan 2026
Median Price:$299,900Median DOM:63New:15Total:67
Feb 2026
Median Price:$310,000Median DOM:63New:14Total:55
Mar 2026
Median Price:$317,000Median DOM:43New:10Total:50
Apr 2026
Median Price:$330,000Median DOM:35New:14Total:54
May 2026
Median Price:$339,000Median DOM:33New:5Total:54

6-Month Rental Trend

Dec 2025
Median Rent:$2,755Median DOM:2New:0Total:2
Jan 2026
Median Rent:$2,480Median DOM:25New:2Total:3
Feb 2026
Median Rent:$2,480Median DOM:25New:1Total:5
Mar 2026
Median Rent:$2,000Median DOM:31New:2Total:7
Apr 2026
Median Rent:$2,200Median DOM:12New:4Total:10
May 2026
Median Rent:$2,200Median DOM:15New:0Total:11

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market declined, signaling improving 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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