ZIP 60438 Housing Market Report
Chicago Metro
Report period: August 2026
60438 Monthly Market Update – August 2026
ZIP 60438 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$210,000
+5.0%
Median DOM (Sales)
28
0.0%
New Listings (Sales)
30
−54.5%
Median Rent
$1,500
0.0%
Median DOM (Rental)
22
−4.3%
Total Rental Listings
27
−3.6%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (21 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 6 Beds ($529,000 median)
Sales Market Overview
Median Price
$210,000
+5.0%
Median DOM
28
0.0%
New Listings
30
−54.5%
Inventory
188
0.0%
- Average Price: $223,272
- Median Price: $210,000
- Price Range: $35,000 – $529,000
- Price per Sq Ft (Avg/Median): $159 / $160
- Square Footage (Avg/Median): 1,435 / 1,324
- Square Footage Range: 484 – 4,100
- Days on Market (Avg/Median): 57 / 28
- Days on Market Range: 1 – 343
- New Listings: 30
- Total Listings: 188
Sales by Property Type
Condo
Avg/Median Price$120,072 / $110,000Range$64,900 – $189,900Price per Sq Ft$123 / $121Sq Ft974 / 900DOM87 / 56New0Total25
Land
Avg/Median Price$187,129 / $199,900Range$35,000 – $399,000Price per Sq Ft—Sq Ft—DOM66 / 90New1Total7
Multi-Family
Avg/Median Price$412,983 / $435,000Range$274,950 – $529,000Price per Sq Ft—Sq Ft—DOM37 / 21New1Total3
Single Family
Avg/Median Price$237,562 / $229,900Range$49,000 – $450,000Price per Sq Ft$165 / $167Sq Ft1,506 / 1,381DOM52 / 25New28Total152
Townhouse
Avg/Median Price$315,000 / $315,000Range$315,000 – $315,000Price per Sq Ft$181 / $181Sq Ft1,741 / 1,741DOM50 / 50New0Total1
Sales by Bedroom Count
1 Beds
Avg:$82,380Median:$79,000Range:$69,900 – $100,000PSF:$110 / $111Sq Ft:756 / 750DOM:67 / 56New:0Total:5
2 Beds
Avg:$154,183Median:$150,000Range:$64,900 – $315,000PSF:$151 / $144Sq Ft:1,049 / 945DOM:60 / 34New:5Total:42
3 Beds
Avg:$228,485Median:$225,000Range:$49,000 – $379,900PSF:$169 / $172Sq Ft:1,393 / 1,320DOM:55 / 24New:18Total:86
4 Beds
Avg:$277,547Median:$272,000Range:$129,900 – $429,900PSF:$153 / $157Sq Ft:1,886 / 1,717DOM:62 / 23New:4Total:36
5 Beds
Avg:$317,215Median:$299,500Range:$174,900 – $450,000PSF:$153 / $152Sq Ft:2,126 / 2,000DOM:41 / 34New:1Total:10
6 Beds
Avg:$529,000Median:$529,000Range:$529,000 – $529,000PSF:—Sq Ft:—DOM:4 / 4New:1Total:1
8 Beds
Avg:$435,000Median:$435,000Range:$435,000 – $435,000PSF:—Sq Ft:—DOM:21 / 21New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $82,380 | $79,000 | $69,900 – $100,000 | $110 / $111 | 756 / 750 | 67 / 56 | 0 | 5 |
| 2 Beds | $154,183 | $150,000 | $64,900 – $315,000 | $151 / $144 | 1,049 / 945 | 60 / 34 | 5 | 42 |
| 3 Beds | $228,485 | $225,000 | $49,000 – $379,900 | $169 / $172 | 1,393 / 1,320 | 55 / 24 | 18 | 86 |
| 4 Beds | $277,547 | $272,000 | $129,900 – $429,900 | $153 / $157 | 1,886 / 1,717 | 62 / 23 | 4 | 36 |
| 5 Beds | $317,215 | $299,500 | $174,900 – $450,000 | $153 / $152 | 2,126 / 2,000 | 41 / 34 | 1 | 10 |
| 6 Beds | $529,000 | $529,000 | $529,000 – $529,000 | — | — | 4 / 4 | 1 | 1 |
| 8 Beds | $435,000 | $435,000 | $435,000 – $435,000 | — | — | 21 / 21 | 0 | 1 |
Rental Market Overview
Median Rent
$1,500
0.0%
Median DOM
22
−4.3%
New Listings
3
Inventory
27
−3.6%
- Average Rent: $1,795
- Median Rent: $1,500
- Rent Range: $1,050 – $5,250
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,094 / 1,000
- Square Footage Range: 650 – 1,900
- Days on Market (Avg/Median): 65 / 22
- Days on Market Range: 1 – 322
- New Listings: 3
- Total Listings: 27
Rentals by Property Type
Apartment
$1,150
Median DOM: 24
Inventory: 9
MoM: 0.0%
Condo
$1,575
Median DOM: 18
Inventory: 3
MoM: 0.0%
Single Family
$1,750
Median DOM: 14
Inventory: 15
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,275 / $1,150Range$1,050 – $1,800Rent per Sq Ft$1 / $2Sq Ft912 / 850DOM56 / 24New1Total9
Condo
Avg/Median Rent$1,533 / $1,575Range$1,450 – $1,575Rent per Sq Ft$2 / $2Sq Ft950 / 950DOM26 / 18New0Total3
Single Family
Avg/Median Rent$2,160 / $1,750Range$1,300 – $5,250Rent per Sq Ft$2 / $2Sq Ft1,161 / 1,100DOM77 / 14New2Total15
Rentals by Bedroom Count
1 Beds
Avg:$1,175Median:$1,150Range:$1,050 – $1,450PSF:$2 / $1Sq Ft:775 / 650DOM:30 / 7New:1Total:6
2 Beds
Avg:$1,510Median:$1,500Range:$1,250 – $2,000PSF:$2 / $2Sq Ft:1,033 / 950DOM:47 / 15New:0Total:13
3 Beds
Avg:$2,289Median:$2,350Range:$1,700 – $2,900PSF:$2 / $2Sq Ft:1,233 / 1,147DOM:91 / 22New:1Total:5
4 Beds
Avg:$3,450Median:$2,700Range:$2,400 – $5,250PSF:$2 / $2Sq Ft:1,341 / 1,338DOM:173 / 196New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,175 | $1,150 | $1,050 – $1,450 | $2 / $1 | 775 / 650 | 30 / 7 | 1 | 6 |
| 2 Beds | $1,510 | $1,500 | $1,250 – $2,000 | $2 / $2 | 1,033 / 950 | 47 / 15 | 0 | 13 |
| 3 Beds | $2,289 | $2,350 | $1,700 – $2,900 | $2 / $2 | 1,233 / 1,147 | 91 / 22 | 1 | 5 |
| 4 Beds | $3,450 | $2,700 | $2,400 – $5,250 | $2 / $2 | 1,341 / 1,338 | 173 / 196 | 1 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$199,900Median DOM:47New:46Total:180
Apr 2026
Median Price:$200,000Median DOM:37New:55Total:184
May 2026
Median Price:$203,000Median DOM:24New:62Total:199
Jun 2026
Median Price:$200,000Median DOM:40New:45Total:194
Jul 2026
Median Price:$200,000Median DOM:28New:66Total:188
Aug 2026
Median Price:$210,000Median DOM:28New:30Total:188
6-Month Rental Trend
Mar 2026
Median Rent:$1,650Median DOM:22New:12Total:36
Apr 2026
Median Rent:$1,650Median DOM:20New:9Total:38
May 2026
Median Rent:$1,700Median DOM:38New:5Total:36
Jun 2026
Median Rent:$1,500Median DOM:47New:8Total:35
Jul 2026
Median Rent:$1,500Median DOM:23New:7Total:28
Aug 2026
Median Rent:$1,500Median DOM:22New:3Total:27
Key Market Takeaways
Median sale prices moved higher this month while inventory remained stable. Days on market were unchanged, signaling steady 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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