ZIP 60440 Housing Market Report
Chicago Metro
Report period: May 2026
60440 Monthly Market Update – May 2026
ZIP 60440 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$335,000
−1.4%
Median DOM (Sales)
11
0.0%
New Listings (Sales)
21
−54.3%
Median Rent
$2,450
+2.1%
Median DOM (Rental)
1
−66.7%
Total Rental Listings
72
−6.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (10 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($409,900 median)
Sales Market Overview
Median Price
$335,000
−1.4%
Median DOM
11
0.0%
New Listings
21
−54.3%
Inventory
145
+3.6%
- Average Price: $363,040
- Median Price: $335,000
- Price Range: $140,000 – $1,600,000
- Price per Sq Ft (Avg/Median): $207 / $205
- Square Footage (Avg/Median): 1,752 / 1,550
- Square Footage Range: 728 – 4,800
- Days on Market (Avg/Median): 29 / 11
- Days on Market Range: 2 – 279
- New Listings: 21
- Total Listings: 145
Sales by Property Type
Condo
Avg/Median Price$200,989 / $195,000Range$149,800 – $330,000Price per Sq Ft$194 / $176Sq Ft1,020 / 968DOM19 / 10New1Total9
Land
Avg/Median Price$853,725 / $174,900Range$140,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM144 / 104New0Total4
Single Family
Avg/Median Price$399,654 / $379,900Range$215,000 – $799,999Price per Sq Ft$208 / $212Sq Ft2,014 / 1,800DOM24 / 10New12Total87
Townhouse
Avg/Median Price$281,047 / $267,900Range$180,000 – $409,900Price per Sq Ft$207 / $204Sq Ft1,377 / 1,320DOM35 / 12New8Total45
Sales by Bedroom Count
2 Beds
Avg:$273,875Median:$240,000Range:$149,800 – $409,900PSF:$221 / $212Sq Ft:1,234 / 1,306DOM:37 / 14New:1Total:24
3 Beds
Avg:$321,823Median:$305,000Range:$195,000 – $525,000PSF:$214 / $215Sq Ft:1,542 / 1,441DOM:24 / 9New:14Total:66
4 Beds
Avg:$411,508Median:$409,900Range:$215,000 – $799,999PSF:$196 / $194Sq Ft:2,157 / 1,915DOM:25 / 13New:5Total:45
5 Beds
Avg:$482,466Median:$399,900Range:$265,000 – $799,999PSF:$160 / $140Sq Ft:3,058 / 2,964DOM:30 / 5New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $273,875 | $240,000 | $149,800 – $409,900 | $221 / $212 | 1,234 / 1,306 | 37 / 14 | 1 | 24 |
| 3 Beds | $321,823 | $305,000 | $195,000 – $525,000 | $214 / $215 | 1,542 / 1,441 | 24 / 9 | 14 | 66 |
| 4 Beds | $411,508 | $409,900 | $215,000 – $799,999 | $196 / $194 | 2,157 / 1,915 | 25 / 13 | 5 | 45 |
| 5 Beds | $482,466 | $399,900 | $265,000 – $799,999 | $160 / $140 | 3,058 / 2,964 | 30 / 5 | 1 | 6 |
Rental Market Overview
Median Rent
$2,450
+2.1%
Median DOM
1
−66.7%
New Listings
7
Inventory
72
−6.5%
- Average Rent: $2,426
- Median Rent: $2,450
- Rent Range: $1,495 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,282 / 1,151
- Square Footage Range: 502 – 2,750
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 201
- New Listings: 7
- Total Listings: 72
Rentals by Property Type
Apartment
$2,106
Median DOM: 1
Inventory: 27
MoM: +2.1%
Condo
$2,300
Median DOM: 6
Inventory: 3
MoM: +2.1%
Single Family
$2,750
Median DOM: 15
Inventory: 34
MoM: +2.1%
Townhouse
$2,150
Median DOM: 31
Inventory: 8
MoM: +2.1%
Apartment
Avg/Median Rent$2,129 / $2,106Range$1,525 – $2,919Rent per Sq Ft$3 / $3Sq Ft838 / 746DOM1 / 1New0Total27
Condo
Avg/Median Rent$2,148 / $2,300Range$1,750 – $2,395Rent per Sq Ft$2 / $2Sq Ft1,124 / 1,108DOM16 / 6New1Total3
Single Family
Avg/Median Rent$2,707 / $2,750Range$1,495 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,667 / 1,701DOM28 / 15New5Total34
Townhouse
Avg/Median Rent$2,337 / $2,150Range$1,850 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,208 / 1,180DOM51 / 31New1Total8
Rentals by Bedroom Count
Studio
Avg:$1,718Median:$1,705Range:$1,662 – $1,775PSF:$3 / $3Sq Ft:502 / 502DOM:1 / 1New:0Total:6
1 Beds
Avg:$2,012Median:$2,045Range:$1,525 – $2,280PSF:$3 / $3Sq Ft:734 / 676DOM:1 / 1New:0Total:10
2 Beds
Avg:$2,283Median:$2,259Range:$1,750 – $2,610PSF:$2 / $2Sq Ft:1,077 / 1,053DOM:11 / 1New:0Total:15
3 Beds
Avg:$2,622Median:$2,700Range:$1,495 – $3,200PSF:$2 / $2Sq Ft:1,475 / 1,402DOM:25 / 15New:5Total:28
4 Beds
Avg:$2,744Median:$2,845Range:$1,800 – $3,335PSF:$2 / $1Sq Ft:1,843 / 1,950DOM:45 / 26New:0Total:11
5 Beds
Avg:$3,198Median:$2,895Range:$2,895 – $3,500PSF:$2 / $1Sq Ft:2,125 / 1,750DOM:4 / 1New:2Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,718 | $1,705 | $1,662 – $1,775 | $3 / $3 | 502 / 502 | 1 / 1 | 0 | 6 |
| 1 Beds | $2,012 | $2,045 | $1,525 – $2,280 | $3 / $3 | 734 / 676 | 1 / 1 | 0 | 10 |
| 2 Beds | $2,283 | $2,259 | $1,750 – $2,610 | $2 / $2 | 1,077 / 1,053 | 11 / 1 | 0 | 15 |
| 3 Beds | $2,622 | $2,700 | $1,495 – $3,200 | $2 / $2 | 1,475 / 1,402 | 25 / 15 | 5 | 28 |
| 4 Beds | $2,744 | $2,845 | $1,800 – $3,335 | $2 / $1 | 1,843 / 1,950 | 45 / 26 | 0 | 11 |
| 5 Beds | $3,198 | $2,895 | $2,895 – $3,500 | $2 / $1 | 2,125 / 1,750 | 4 / 1 | 2 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$339,900Median DOM:43New:24Total:185
Jan 2026
Median Price:$339,900Median DOM:31New:46Total:165
Feb 2026
Median Price:$339,900Median DOM:18New:35Total:124
Mar 2026
Median Price:$334,900Median DOM:12New:51Total:134
Apr 2026
Median Price:$339,900Median DOM:11New:46Total:140
May 2026
Median Price:$335,000Median DOM:11New:21Total:145
6-Month Rental Trend
Dec 2025
Median Rent:$2,430Median DOM:1New:37Total:79
Jan 2026
Median Rent:$2,415Median DOM:1New:39Total:74
Feb 2026
Median Rent:$2,400Median DOM:1New:50Total:82
Mar 2026
Median Rent:$2,380Median DOM:1New:41Total:93
Apr 2026
Median Rent:$2,400Median DOM:3New:29Total:77
May 2026
Median Rent:$2,450Median DOM:1New:7Total:72
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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