ZIP 60423 Housing Market Report
Chicago Metro
Report period: May 2026
60423 Monthly Market Update – May 2026
ZIP 60423 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$549,900
−1.8%
Median DOM (Sales)
26
+18.2%
New Listings (Sales)
15
−71.2%
Median Rent
$2,350
−2.1%
Median DOM (Rental)
32
−17.9%
Total Rental Listings
13
−7.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (8 DOM)
- Fastest renting: Townhouse (28 DOM)
- Strongest bedroom: 7 Beds ($1,595,000 median)
Sales Market Overview
Median Price
$549,900
−1.8%
Median DOM
26
+18.2%
New Listings
15
−71.2%
Inventory
165
+3.1%
- Average Price: $590,162
- Median Price: $549,900
- Price Range: $50,000 – $1,899,000
- Price per Sq Ft (Avg/Median): $229 / $218
- Square Footage (Avg/Median): 2,947 / 2,825
- Square Footage Range: 1,056 – 10,701
- Days on Market (Avg/Median): 46 / 26
- Days on Market Range: 1 – 324
- New Listings: 15
- Total Listings: 165
Sales by Property Type
Condo
Avg/Median Price$261,812 / $259,900Range$195,000 – $314,900Price per Sq Ft$197 / $199Sq Ft1,325 / 1,265DOM24 / 8New1Total8
Land
Avg/Median Price$365,285 / $200,000Range$50,000 – $1,021,482Price per Sq Ft—Sq Ft—DOM124 / 81New0Total15
Manufactured
Avg/Median Price$136,600 / $129,900Range$98,000 – $179,900Price per Sq Ft—Sq Ft—DOM55 / 30New1Total12
Single Family
Avg/Median Price$700,302 / $640,000Range$285,000 – $1,899,000Price per Sq Ft$229 / $218Sq Ft3,153 / 3,025DOM34 / 16New12Total112
Townhouse
Avg/Median Price$540,550 / $499,900Range$299,900 – $799,900Price per Sq Ft$240 / $243Sq Ft2,293 / 2,387DOM60 / 45New1Total18
Sales by Bedroom Count
2 Beds
Avg:$375,105Median:$314,900Range:$105,000 – $719,900PSF:$237 / $217Sq Ft:1,835 / 1,758DOM:34 / 30New:4Total:19
3 Beds
Avg:$476,433Median:$454,900Range:$98,000 – $1,200,000PSF:$222 / $216Sq Ft:2,515 / 2,245DOM:41 / 15New:5Total:58
4 Beds
Avg:$724,349Median:$649,000Range:$294,999 – $1,899,000PSF:$241 / $230Sq Ft:3,030 / 3,136DOM:38 / 16New:4Total:51
5 Beds
Avg:$857,921Median:$799,000Range:$515,000 – $1,350,000PSF:$213 / $208Sq Ft:4,090 / 3,958DOM:36 / 35New:2Total:19
6 Beds
Avg:$1,150,000Median:$1,100,000Range:$1,100,000 – $1,200,000PSF:$240 / $188Sq Ft:4,978 / 4,117DOM:32 / 15New:0Total:2
7 Beds
Avg:$1,595,000Median:$1,595,000Range:$1,595,000 – $1,595,000PSF:$149 / $149Sq Ft:10,701 / 10,701DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $375,105 | $314,900 | $105,000 – $719,900 | $237 / $217 | 1,835 / 1,758 | 34 / 30 | 4 | 19 |
| 3 Beds | $476,433 | $454,900 | $98,000 – $1,200,000 | $222 / $216 | 2,515 / 2,245 | 41 / 15 | 5 | 58 |
| 4 Beds | $724,349 | $649,000 | $294,999 – $1,899,000 | $241 / $230 | 3,030 / 3,136 | 38 / 16 | 4 | 51 |
| 5 Beds | $857,921 | $799,000 | $515,000 – $1,350,000 | $213 / $208 | 4,090 / 3,958 | 36 / 35 | 2 | 19 |
| 6 Beds | $1,150,000 | $1,100,000 | $1,100,000 – $1,200,000 | $240 / $188 | 4,978 / 4,117 | 32 / 15 | 0 | 2 |
| 7 Beds | $1,595,000 | $1,595,000 | $1,595,000 – $1,595,000 | $149 / $149 | 10,701 / 10,701 | — | 0 | 1 |
Rental Market Overview
Median Rent
$2,350
−2.1%
Median DOM
32
−17.9%
New Listings
1
Inventory
13
−7.1%
- Average Rent: $2,529
- Median Rent: $2,350
- Rent Range: $1,700 – $4,245
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,348 / 1,200
- Square Footage Range: 700 – 3,008
- Days on Market (Avg/Median): 81 / 32
- Days on Market Range: 1 – 361
- New Listings: 1
- Total Listings: 13
Rentals by Property Type
Apartment
$1,700
Median DOM: 32
Inventory: 2
MoM: −2.1%
Condo
—
Median DOM: —
Inventory: —
MoM: −2.1%
Single Family
$2,330
Median DOM: 30
Inventory: 10
MoM: −2.1%
Townhouse
$2,900
Median DOM: 28
Inventory: 1
MoM: −2.1%
Apartment
Avg/Median Rent$2,025 / $1,700Range$1,700 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,000 / 700DOM100 / 32New0Total2
Single Family
Avg/Median Rent$2,592 / $2,330Range$1,900 – $4,245Rent per Sq Ft$2 / $2Sq Ft1,362 / 1,176DOM82 / 30New1Total10
Townhouse
Avg/Median Rent$2,900 / $2,900Range$2,900 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,900 / 1,900DOM28 / 28New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$1,988Median:$1,900Range:$1,700 – $2,350PSF:$2 / $2Sq Ft:952 / 806DOM:63 / 32New:0Total:4
3 Beds
Avg:$2,504Median:$2,400Range:$2,200 – $2,900PSF:$2 / $2Sq Ft:1,332 / 1,200DOM:109 / 54New:1Total:7
4 Beds
Avg:$3,150Median:$3,150Range:$3,150 – $3,150PSF:$2 / $2Sq Ft:1,386 / 1,386DOM:30 / 30New:0Total:1
5 Beds
Avg:$4,245Median:$4,245Range:$4,245 – $4,245PSF:$1 / $1Sq Ft:3,008 / 3,008DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,988 | $1,900 | $1,700 – $2,350 | $2 / $2 | 952 / 806 | 63 / 32 | 0 | 4 |
| 3 Beds | $2,504 | $2,400 | $2,200 – $2,900 | $2 / $2 | 1,332 / 1,200 | 109 / 54 | 1 | 7 |
| 4 Beds | $3,150 | $3,150 | $3,150 – $3,150 | $2 / $2 | 1,386 / 1,386 | 30 / 30 | 0 | 1 |
| 5 Beds | $4,245 | $4,245 | $4,245 – $4,245 | $1 / $1 | 3,008 / 3,008 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$500,000Median DOM:52New:13Total:156
Jan 2026
Median Price:$499,000Median DOM:42New:30Total:141
Feb 2026
Median Price:$499,900Median DOM:20New:39Total:115
Mar 2026
Median Price:$515,000Median DOM:20New:54Total:146
Apr 2026
Median Price:$559,900Median DOM:22New:52Total:160
May 2026
Median Price:$549,900Median DOM:26New:15Total:165
6-Month Rental Trend
Dec 2025
Median Rent:$2,649Median DOM:17New:7Total:16
Jan 2026
Median Rent:$2,700Median DOM:17New:3Total:14
Feb 2026
Median Rent:$2,600Median DOM:30New:3Total:13
Mar 2026
Median Rent:$2,400Median DOM:29New:6Total:16
Apr 2026
Median Rent:$2,400Median DOM:39New:1Total:14
May 2026
Median Rent:$2,350Median DOM:32New:1Total:13
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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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