ZIP 60438 Housing Market Report
Chicago Metro
Report period: May 2026
60438 Monthly Market Update – May 2026
ZIP 60438 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$200,000
0.0%
Median DOM (Sales)
35
−5.4%
New Listings (Sales)
17
−69.1%
Median Rent
$1,650
0.0%
Median DOM (Rental)
29
+45.0%
Total Rental Listings
35
−7.9%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (2 DOM)
- Fastest renting: Apartment (16 DOM)
- Strongest bedroom: 8 Beds ($429,000 median)
Sales Market Overview
Median Price
$200,000
0.0%
Median DOM
35
−5.4%
New Listings
17
−69.1%
Inventory
181
−1.6%
- Average Price: $210,200
- Median Price: $200,000
- Price Range: $38,000 – $444,900
- Price per Sq Ft (Avg/Median): $156 / $148
- Square Footage (Avg/Median): 1,435 / 1,272
- Square Footage Range: 253 – 4,100
- Days on Market (Avg/Median): 67 / 35
- Days on Market Range: 2 – 358
- New Listings: 17
- Total Listings: 181
Sales by Property Type
Condo
Avg/Median Price$109,472 / $105,000Range$40,000 – $180,000Price per Sq Ft$119 / $122Sq Ft945 / 900DOM92 / 70New2Total25
Land
Avg/Median Price$185,817 / $39,900Range$38,000 – $399,000Price per Sq Ft—Sq Ft—DOM150 / 183New0Total6
Multi-Family
Avg/Median Price$376,950 / $324,900Range$324,900 – $429,000Price per Sq Ft—Sq Ft—DOM9 / 2New1Total2
Single Family
Avg/Median Price$225,949 / $215,599Range$49,000 – $444,900Price per Sq Ft$162 / $154Sq Ft1,515 / 1,354DOM61 / 35New14Total148
Sales by Bedroom Count
1 Beds
Avg:$79,975Median:$75,000Range:$40,000 – $105,000PSF:$100 / $70Sq Ft:870 / 700DOM:43 / 10New:0Total:4
2 Beds
Avg:$137,885Median:$130,000Range:$64,900 – $235,000PSF:$145 / $138Sq Ft:974 / 931DOM:76 / 48New:5Total:39
3 Beds
Avg:$214,814Median:$210,000Range:$49,000 – $364,924PSF:$169 / $162Sq Ft:1,387 / 1,257DOM:64 / 29New:9Total:92
4 Beds
Avg:$270,725Median:$276,000Range:$108,000 – $429,900PSF:$139 / $132Sq Ft:2,016 / 1,900DOM:64 / 35New:2Total:32
5 Beds
Avg:$339,814Median:$339,900Range:$275,000 – $444,900PSF:$156 / $151Sq Ft:2,283 / 2,300DOM:30 / 36New:1Total:7
8 Beds
Avg:$429,000Median:$429,000Range:$429,000 – $429,000PSF:—Sq Ft:—DOM:15 / 15New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $79,975 | $75,000 | $40,000 – $105,000 | $100 / $70 | 870 / 700 | 43 / 10 | 0 | 4 |
| 2 Beds | $137,885 | $130,000 | $64,900 – $235,000 | $145 / $138 | 974 / 931 | 76 / 48 | 5 | 39 |
| 3 Beds | $214,814 | $210,000 | $49,000 – $364,924 | $169 / $162 | 1,387 / 1,257 | 64 / 29 | 9 | 92 |
| 4 Beds | $270,725 | $276,000 | $108,000 – $429,900 | $139 / $132 | 2,016 / 1,900 | 64 / 35 | 2 | 32 |
| 5 Beds | $339,814 | $339,900 | $275,000 – $444,900 | $156 / $151 | 2,283 / 2,300 | 30 / 36 | 1 | 7 |
| 8 Beds | $429,000 | $429,000 | $429,000 – $429,000 | — | — | 15 / 15 | 0 | 1 |
Rental Market Overview
Median Rent
$1,650
0.0%
Median DOM
29
+45.0%
New Listings
2
Inventory
35
−7.9%
- Average Rent: $1,799
- Median Rent: $1,650
- Rent Range: $1,000 – $5,750
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,098 / 1,000
- Square Footage Range: 500 – 2,185
- Days on Market (Avg/Median): 41 / 29
- Days on Market Range: 2 – 147
- New Listings: 2
- Total Listings: 35
Rentals by Property Type
Apartment
$1,275
Median DOM: 16
Inventory: 12
MoM: 0.0%
Condo
$1,625
Median DOM: 34
Inventory: 4
MoM: 0.0%
Single Family
$1,950
Median DOM: 29
Inventory: 19
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,310 / $1,275Range$1,000 – $1,700Rent per Sq Ft$2 / $2Sq Ft756 / 800DOM28 / 16New2Total12
Condo
Avg/Median Rent$1,594 / $1,625Range$1,150 – $1,900Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM58 / 34New0Total4
Single Family
Avg/Median Rent$2,152 / $1,950Range$1,400 – $5,750Rent per Sq Ft$2 / $2Sq Ft1,306 / 1,100DOM46 / 29New0Total19
Rentals by Bedroom Count
1 Beds
Avg:$1,167Median:$1,150Range:$1,000 – $1,275PSF:$2 / $2Sq Ft:600 / 500DOM:40 / 30New:0Total:6
2 Beds
Avg:$1,540Median:$1,500Range:$1,250 – $1,950PSF:$2 / $2Sq Ft:1,002 / 880DOM:28 / 12New:2Total:16
3 Beds
Avg:$2,054Median:$1,950Range:$1,650 – $2,900PSF:$2 / $2Sq Ft:1,261 / 1,080DOM:52 / 38New:0Total:9
4 Beds
Avg:$3,211Median:$2,200Range:$2,095 – $5,750PSF:$2 / $2Sq Ft:1,490 / 1,550DOM:68 / 11New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,167 | $1,150 | $1,000 – $1,275 | $2 / $2 | 600 / 500 | 40 / 30 | 0 | 6 |
| 2 Beds | $1,540 | $1,500 | $1,250 – $1,950 | $2 / $2 | 1,002 / 880 | 28 / 12 | 2 | 16 |
| 3 Beds | $2,054 | $1,950 | $1,650 – $2,900 | $2 / $2 | 1,261 / 1,080 | 52 / 38 | 0 | 9 |
| 4 Beds | $3,211 | $2,200 | $2,095 – $5,750 | $2 / $2 | 1,490 / 1,550 | 68 / 11 | 0 | 4 |
6-Month Sales Trend
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:47New:46Total:180
Apr 2026
Median Price:$200,000Median DOM:37New:55Total:184
May 2026
Median Price:$200,000Median DOM:35New:17Total:181
6-Month Rental Trend
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:22New:12Total:36
Apr 2026
Median Rent:$1,650Median DOM:20New:9Total:38
May 2026
Median Rent:$1,650Median DOM:29New:2Total:35
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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