ZIP 60440 Housing Market Report

Chicago Metro

Report period: March 2026

60440 Monthly Market Update – March 2026

ZIP 60440 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$339,900
0.0%
Median DOM (Sales)
14
−22.2%
New Listings (Sales)
13
−62.9%
Median Rent
$2,400
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
82
0.0%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Townhouse (12 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 4 Beds ($399,999 median)

Sales Market Overview

Median Price
$339,900
0.0%
Median DOM
14
−22.2%
New Listings
13
−62.9%
Inventory
131
+5.6%
  • Average Price: $364,780
  • Median Price: $339,900
  • Price Range: $140,000 – $1,600,000
  • Price per Sq Ft (Avg/Median): $206 / $203
  • Square Footage (Avg/Median): 1,780 / 1,634
  • Square Footage Range: 892 – 4,866
  • Days on Market (Avg/Median): 40 / 14
  • Days on Market Range: 2 – 254
  • New Listings: 13
  • Total Listings: 131

Sales by Property Type

Condo
Avg/Median Price$194,050 / $194,900Range$154,500 – $235,000Price per Sq Ft$186 / $181Sq Ft1,079 / 1,097DOM41 / 33New1Total6
Land
Avg/Median Price$853,725 / $174,900Range$140,000 – $1,600,000Price per Sq FtSq FtDOM95 / 43New0Total4
Single Family
Avg/Median Price$392,117 / $364,900Range$199,900 – $900,000Price per Sq Ft$210 / $206Sq Ft1,971 / 1,792DOM40 / 18New6Total82
Townhouse
Avg/Median Price$283,421 / $274,900Range$169,900 – $422,900Price per Sq Ft$200 / $195Sq Ft1,458 / 1,460DOM36 / 12New6Total39

Sales by Bedroom Count

1 Beds
Avg:$199,900Median:$199,900Range:$199,900 – $199,900PSF:Sq Ft:DOM:72 / 72New:0Total:1
2 Beds
Avg:$280,570Median:$260,000Range:$154,500 – $422,900PSF:$211 / $205Sq Ft:1,353 / 1,300DOM:40 / 12New:3Total:20
3 Beds
Avg:$325,895Median:$329,900Range:$159,900 – $549,999PSF:$209 / $203Sq Ft:1,609 / 1,500DOM:41 / 19New:7Total:65
4 Beds
Avg:$422,347Median:$399,999Range:$274,900 – $900,000PSF:$198 / $199Sq Ft:2,248 / 1,915DOM:35 / 14New:3Total:37
5 Beds
Avg:$437,500Median:$350,000Range:$350,000 – $599,999PSF:$195 / $196Sq Ft:2,318 / 1,634DOM:27 / 8New:0Total:4

Rental Market Overview

Median Rent
$2,400
0.0%
Median DOM
1
0.0%
New Listings
19
Inventory
82
0.0%
  • Average Rent: $2,449
  • Median Rent: $2,400
  • Rent Range: $800 – $5,296
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,242 / 1,151
  • Square Footage Range: 502 – 2,970
  • Days on Market (Avg/Median): 20 / 1
  • Days on Market Range: 1 – 170
  • New Listings: 19
  • Total Listings: 82

Rentals by Property Type

Apartment
$2,224
Median DOM: 1
Inventory: 35
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$2,750
Median DOM: 21
Inventory: 32
MoM: 0.0%
Townhouse
$2,400
Median DOM: 21
Inventory: 13
MoM: 0.0%
Apartment
Avg/Median Rent$2,258 / $2,224Range$1,525 – $5,296Rent per Sq Ft$3 / $3Sq Ft871 / 746DOM6 / 1New14Total35
Multi-Family
Avg/Median Rent$2,125 / $2,100Range$2,100 – $2,150Rent per Sq FtSq FtDOM15 / 13New0Total2
Single Family
Avg/Median Rent$2,703 / $2,750Range$800 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,661 / 1,672DOM30 / 21New4Total32
Townhouse
Avg/Median Rent$2,388 / $2,400Range$1,850 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,205 / 1,180DOM29 / 21New1Total13

Rentals by Bedroom Count

Studio
Avg:$1,694Median:$1,712Range:$1,629 – $1,742PSF:$3 / $3Sq Ft:502 / 502DOM:1 / 1New:4Total:5
1 Beds
Avg:$2,123Median:$2,139Range:$1,525 – $2,464PSF:$3 / $3Sq Ft:738 / 735DOM:1 / 1New:5Total:16
2 Beds
Avg:$2,308Median:$2,264Range:$1,850 – $2,716PSF:$2 / $2Sq Ft:1,098 / 1,053DOM:5 / 1New:5Total:17
3 Beds
Avg:$2,587Median:$2,600Range:$800 – $5,296PSF:$2 / $2Sq Ft:1,511 / 1,593DOM:29 / 17New:3Total:31
4 Beds
Avg:$2,845Median:$2,845Range:$2,400 – $3,200PSF:$2 / $2Sq Ft:1,706 / 1,614DOM:39 / 33New:2Total:9
5 Beds
Avg:$3,338Median:$3,200Range:$2,850 – $4,000PSF:$2 / $1Sq Ft:1,936 / 1,800DOM:48 / 12New:0Total:4

6-Month Sales Trend

Oct 2025
Median Price:$345,000Median DOM:47New:55Total:246
Nov 2025
Median Price:$334,900Median DOM:44New:51Total:219
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:$339,900Median DOM:14New:13Total:131

6-Month Rental Trend

Oct 2025
Median Rent:$2,471Median DOM:3New:50Total:101
Nov 2025
Median Rent:$2,400Median DOM:3New:39Total:89
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:$2,400Median DOM:1New:19Total:82

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory was flat.

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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