ZIP 60423 Housing Market Report
Chicago Metro
Report period: August 2026
60423 Monthly Market Update – August 2026
ZIP 60423 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$539,999
+2.9%
Median DOM (Sales)
6
−14.3%
New Listings (Sales)
59
−27.2%
Median Rent
$2,720
0.0%
Median DOM (Rental)
8
0.0%
Total Rental Listings
13
+18.2%
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: Condo (1 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 6 Beds ($1,250,000 median)
Sales Market Overview
Median Price
$539,999
+2.9%
Median DOM
6
−14.3%
New Listings
59
−27.2%
Inventory
178
+1.1%
- Average Price: $579,184
- Median Price: $539,999
- Price Range: $59,900 – $1,799,999
- Price per Sq Ft (Avg/Median): $226 / $217
- Square Footage (Avg/Median): 2,951 / 2,739
- Square Footage Range: 863 – 9,000
- Days on Market (Avg/Median): 33 / 6
- Days on Market Range: 1 – 365
- New Listings: 59
- Total Listings: 178
Sales by Property Type
Condo
Avg/Median Price$290,573 / $269,900Range$165,000 – $439,900Price per Sq Ft$190 / $188Sq Ft1,564 / 1,500DOM18 / 1New5Total11
Land
Avg/Median Price$401,540 / $250,000Range$120,000 – $1,087,700Price per Sq Ft—Sq Ft—DOM94 / 86New4Total15
Manufactured
Avg/Median Price$132,069 / $139,900Range$59,900 – $239,900Price per Sq Ft—Sq Ft—DOM23 / 5New8Total16
Single Family
Avg/Median Price$713,466 / $659,000Range$294,808 – $1,799,999Price per Sq Ft$230 / $220Sq Ft3,237 / 3,200DOM27 / 5New37Total111
Townhouse
Avg/Median Price$502,700 / $465,000Range$235,000 – $849,900Price per Sq Ft$226 / $215Sq Ft2,247 / 2,253DOM42 / 21New5Total25
Sales by Bedroom Count
2 Beds
Avg:$333,088Median:$299,900Range:$79,900 – $749,900PSF:$211 / $200Sq Ft:1,816 / 1,806DOM:33 / 14New:6Total:25
3 Beds
Avg:$440,221Median:$399,900Range:$59,900 – $1,185,000PSF:$232 / $218Sq Ft:2,342 / 2,063DOM:22 / 5New:22Total:57
4 Beds
Avg:$747,615Median:$679,000Range:$299,500 – $1,799,999PSF:$228 / $215Sq Ft:3,341 / 3,335DOM:33 / 5New:19Total:54
5 Beds
Avg:$821,275Median:$725,000Range:$424,900 – $1,295,000PSF:$225 / $222Sq Ft:3,744 / 3,438DOM:27 / 7New:7Total:24
6 Beds
Avg:$1,190,000Median:$1,250,000Range:$1,000,000 – $1,320,000PSF:$220 / $243Sq Ft:5,906 / 4,600DOM:20 / 12New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $333,088 | $299,900 | $79,900 – $749,900 | $211 / $200 | 1,816 / 1,806 | 33 / 14 | 6 | 25 |
| 3 Beds | $440,221 | $399,900 | $59,900 – $1,185,000 | $232 / $218 | 2,342 / 2,063 | 22 / 5 | 22 | 57 |
| 4 Beds | $747,615 | $679,000 | $299,500 – $1,799,999 | $228 / $215 | 3,341 / 3,335 | 33 / 5 | 19 | 54 |
| 5 Beds | $821,275 | $725,000 | $424,900 – $1,295,000 | $225 / $222 | 3,744 / 3,438 | 27 / 7 | 7 | 24 |
| 6 Beds | $1,190,000 | $1,250,000 | $1,000,000 – $1,320,000 | $220 / $243 | 5,906 / 4,600 | 20 / 12 | 1 | 3 |
Rental Market Overview
Median Rent
$2,720
0.0%
Median DOM
8
0.0%
New Listings
2
Inventory
13
+18.2%
- Average Rent: $2,855
- Median Rent: $2,720
- Rent Range: $1,600 – $5,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,664 / 1,350
- Square Footage Range: 700 – 3,686
- Days on Market (Avg/Median): 32 / 8
- Days on Market Range: 1 – 247
- New Listings: 2
- Total Listings: 13
Rentals by Property Type
Apartment
$1,600
Median DOM: 88
Inventory: 2
MoM: 0.0%
Condo
$1,800
Median DOM: 1
Inventory: 1
MoM: 0.0%
Single Family
$3,200
Median DOM: 8
Inventory: 9
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,975 / $1,600Range$1,600 – $2,350Rent per Sq Ft$2 / $2Sq Ft1,000 / 700DOM168 / 88New0Total2
Condo
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$2 / $2Sq Ft912 / 912DOM1 / 1New1Total1
Multi-Family
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$2 / $2Sq Ft960 / 960DOM1 / 1New0Total1
Single Family
Avg/Median Rent$3,279 / $3,200Range$2,000 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,973 / 1,550DOM9 / 8New1Total9
Rentals by Bedroom Count
2 Beds
Avg:$1,900Median:$1,800Range:$1,600 – $2,350PSF:$2 / $2Sq Ft:968 / 912DOM:84 / 1New:1Total:4
3 Beds
Avg:$2,870Median:$2,720Range:$2,000 – $4,200PSF:$2 / $2Sq Ft:1,603 / 1,350DOM:9 / 8New:0Total:6
4 Beds
Avg:$4,098Median:$4,095Range:$3,200 – $5,000PSF:$2 / $1Sq Ft:2,712 / 2,900DOM:8 / 1New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,900 | $1,800 | $1,600 – $2,350 | $2 / $2 | 968 / 912 | 84 / 1 | 1 | 4 |
| 3 Beds | $2,870 | $2,720 | $2,000 – $4,200 | $2 / $2 | 1,603 / 1,350 | 9 / 8 | 0 | 6 |
| 4 Beds | $4,098 | $4,095 | $3,200 – $5,000 | $2 / $1 | 2,712 / 2,900 | 8 / 1 | 1 | 3 |
6-Month Sales Trend
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:17New:56Total:176
Jun 2026
Median Price:$525,000Median DOM:11New:74Total:178
Jul 2026
Median Price:$524,999Median DOM:7New:81Total:176
Aug 2026
Median Price:$539,999Median DOM:6New:59Total:178
6-Month Rental Trend
Mar 2026
Median Rent:$2,400Median DOM:29New:6Total:16
Apr 2026
Median Rent:$2,400Median DOM:39New:1Total:14
May 2026
Median Rent:$2,400Median DOM:30New:4Total:12
Jun 2026
Median Rent:$2,720Median DOM:6New:5Total:11
Jul 2026
Median Rent:$2,720Median DOM:8New:5Total:11
Aug 2026
Median Rent:$2,720Median DOM:8New:2Total:13
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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