ZIP 60438 Housing Market Report

Chicago Metro

Report period: March 2026

60438 Monthly Market Update – March 2026

ZIP 60438 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$199,900
0.0%
Median DOM (Sales)
53
−8.6%
New Listings (Sales)
12
−65.7%
Median Rent
$1,650
−2.9%
Median DOM (Rental)
50
0.0%
Total Rental Listings
30
+11.1%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (41 DOM)
  • Fastest renting: Condo (50 DOM)
  • Strongest bedroom: 8 Beds ($410,000 median)

Sales Market Overview

Median Price
$199,900
0.0%
Median DOM
53
−8.6%
New Listings
12
−65.7%
Inventory
172
−1.1%
  • Average Price: $210,182
  • Median Price: $199,900
  • Price Range: $38,000 – $494,495
  • Price per Sq Ft (Avg/Median): $147 / $145
  • Square Footage (Avg/Median): 1,460 / 1,296
  • Square Footage Range: 771 – 3,587
  • Days on Market (Avg/Median): 82 / 53
  • Days on Market Range: 2 – 350
  • New Listings: 12
  • Total Listings: 172

Sales by Property Type

Condo
Avg/Median Price$113,829 / $110,000Range$64,900 – $179,900Price per Sq Ft$115 / $112Sq Ft1,031 / 950DOM109 / 92New2Total24
Land
Avg/Median Price$255,056 / $250,000Range$38,000 – $494,495Price per Sq FtSq FtDOM234 / 279New0Total7
Multi-Family
Avg/Median Price$410,000 / $410,000Range$410,000 – $410,000Price per Sq FtSq FtDOM144 / 144New0Total1
Single Family
Avg/Median Price$223,028 / $219,900Range$49,000 – $469,900Price per Sq Ft$153 / $149Sq Ft1,528 / 1,373DOM71 / 41New10Total140

Sales by Bedroom Count

1 Beds
Avg:$82,333Median:$72,000Range:$70,000 – $105,000PSF:$83 / $88Sq Ft:1,033 / 800DOM:63 / 39New:0Total:3
2 Beds
Avg:$135,163Median:$127,500Range:$64,900 – $224,900PSF:$136 / $133Sq Ft:1,017 / 950DOM:97 / 63New:4Total:35
3 Beds
Avg:$219,949Median:$219,999Range:$49,000 – $469,900PSF:$158 / $158Sq Ft:1,450 / 1,301DOM:72 / 41New:6Total:90
4 Beds
Avg:$242,403Median:$252,000Range:$90,000 – $439,900PSF:$137 / $132Sq Ft:1,827 / 1,717DOM:70 / 59New:2Total:32
5 Beds
Avg:$356,450Median:$360,000Range:$236,000 – $449,900PSF:$135 / $136Sq Ft:2,690 / 2,348DOM:71 / 34New:0Total:4
8 Beds
Avg:$410,000Median:$410,000Range:$410,000 – $410,000PSF:Sq Ft:DOM:144 / 144New:0Total:1

Rental Market Overview

Median Rent
$1,650
−2.9%
Median DOM
50
0.0%
New Listings
2
Inventory
30
+11.1%
  • Average Rent: $1,896
  • Median Rent: $1,650
  • Rent Range: $1,000 – $5,750
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,240 / 1,100
  • Square Footage Range: 500 – 2,000
  • Days on Market (Avg/Median): 71 / 50
  • Days on Market Range: 2 – 295
  • New Listings: 2
  • Total Listings: 30

Rentals by Property Type

Apartment
$1,250
Median DOM: 72
Inventory: 4
MoM: −2.9%
Condo
$1,450
Median DOM: 50
Inventory: 4
MoM: −2.9%
Single Family
$1,900
Median DOM: 50
Inventory: 22
MoM: −2.9%
Townhouse
Median DOM:
Inventory:
MoM: −2.9%
Apartment
Avg/Median Rent$1,375 / $1,250Range$1,150 – $1,600Rent per Sq Ft$2 / $2Sq Ft867 / 800DOM173 / 72New0Total4
Condo
Avg/Median Rent$1,488 / $1,450Range$1,150 – $1,700Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM39 / 50New1Total4
Single Family
Avg/Median Rent$2,065 / $1,900Range$1,000 – $5,750Rent per Sq Ft$2 / $2Sq Ft1,359 / 1,200DOM68 / 50New1Total22

Rentals by Bedroom Count

1 Beds
Avg:$1,100Median:$1,150Range:$1,000 – $1,200PSF:$1 / $1Sq Ft:800 / 800DOM:131 / 72New:1Total:5
2 Beds
Avg:$1,493Median:$1,500Range:$1,250 – $1,650PSF:$2 / $2Sq Ft:925 / 850DOM:79 / 50New:1Total:7
3 Beds
Avg:$1,867Median:$1,875Range:$1,650 – $2,350PSF:$2 / $2Sq Ft:1,251 / 1,100DOM:60 / 62New:0Total:11
4 Beds
Avg:$2,914Median:$2,400Range:$2,100 – $5,750PSF:$2 / $1Sq Ft:1,610 / 1,550DOM:40 / 43New:0Total:7

6-Month Sales Trend

Oct 2025
Median Price:$219,900Median DOM:50New:72Total:259
Nov 2025
Median Price:$219,900Median DOM:57New:44Total:258
Dec 2025
Median Price:$215,000Median DOM:67New:23Total:234
Jan 2026
Median Price:$211,000Median DOM:65New:42Total:217
Feb 2026
Median Price:$199,900Median DOM:58New:35Total:174
Mar 2026
Median Price:$199,900Median DOM:53New:12Total:172

6-Month Rental Trend

Oct 2025
Median Rent:$1,725Median DOM:35New:9Total:31
Nov 2025
Median Rent:$1,700Median DOM:40New:7Total:31
Dec 2025
Median Rent:$1,900Median DOM:28New:14Total:29
Jan 2026
Median Rent:$1,900Median DOM:30New:9Total:33
Feb 2026
Median Rent:$1,700Median DOM:50New:4Total:27
Mar 2026
Median Rent:$1,650Median DOM:50New:2Total:30

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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