ZIP 60440 Housing Market Report

Chicago Metro

Report period: July 2026

60440 Monthly Market Update – July 2026

ZIP 60440 · Last updated Jul 11, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$336,000
−1.1%
Median DOM (Sales)
8
−20.0%
New Listings (Sales)
34
−39.3%
Median Rent
$2,600
−3.3%
Median DOM (Rental)
18
−10.0%
Total Rental Listings
53
+12.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (5 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 4 Beds ($450,000 median)

Sales Market Overview

Median Price
$336,000
−1.1%
Median DOM
8
−20.0%
New Listings
34
−39.3%
Inventory
154
+2.7%
  • Average Price: $373,996
  • Median Price: $336,000
  • Price Range: $155,900 – $1,600,000
  • Price per Sq Ft (Avg/Median): $210 / $208
  • Square Footage (Avg/Median): 1,758 / 1,558
  • Square Footage Range: 728 – 4,163
  • Days on Market (Avg/Median): 24 / 8
  • Days on Market Range: 1 – 298
  • New Listings: 34
  • Total Listings: 154

Sales by Property Type

Condo
Avg/Median Price$233,238 / $213,000Range$190,000 – $315,000Price per Sq Ft$208 / $216Sq Ft1,147 / 1,097DOM17 / 9New2Total8
Land
Avg/Median Price$885,960 / $1,199,000Range$155,900 – $1,600,000Price per Sq FtSq FtDOM65 / 37New1Total5
Single Family
Avg/Median Price$413,068 / $375,000Range$174,900 – $999,999Price per Sq Ft$214 / $210Sq Ft2,010 / 1,835DOM18 / 5New25Total92
Townhouse
Avg/Median Price$271,375 / $264,900Range$180,000 – $377,900Price per Sq Ft$203 / $205Sq Ft1,372 / 1,459DOM34 / 17New6Total49

Sales by Bedroom Count

2 Beds
Avg:$274,828Median:$270,000Range:$180,000 – $377,900PSF:$219 / $227Sq Ft:1,278 / 1,459DOM:30 / 22New:6Total:25
3 Beds
Avg:$301,938Median:$299,000Range:$174,900 – $499,900PSF:$214 / $209Sq Ft:1,447 / 1,372DOM:23 / 8New:12Total:68
4 Beds
Avg:$458,808Median:$450,000Range:$230,000 – $999,999PSF:$204 / $204Sq Ft:2,298 / 2,098DOM:20 / 5New:13Total:51
5 Beds
Avg:$488,475Median:$439,900Range:$369,000 – $579,999PSF:$167 / $166Sq Ft:2,913 / 2,964DOM:46 / 5New:1Total:4
6 Beds
Avg:$410,000Median:$410,000Range:$410,000 – $410,000PSF:$171 / $171Sq Ft:2,400 / 2,400DOM:1 / 1New:1Total:1

Rental Market Overview

Median Rent
$2,600
−3.3%
Median DOM
18
−10.0%
New Listings
14
Inventory
53
+12.8%
  • Average Rent: $2,594
  • Median Rent: $2,600
  • Rent Range: $900 – $3,580
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,494 / 1,400
  • Square Footage Range: 502 – 2,750
  • Days on Market (Avg/Median): 34 / 18
  • Days on Market Range: 1 – 237
  • New Listings: 14
  • Total Listings: 53

Rentals by Property Type

Apartment
$1,748
Median DOM: 1
Inventory: 2
MoM: −3.3%
Condo
$2,200
Median DOM: 1
Inventory: 4
MoM: −3.3%
Single Family
$2,700
Median DOM: 18
Inventory: 37
MoM: −3.3%
Townhouse
$2,499
Median DOM: 25
Inventory: 9
MoM: −3.3%
Apartment
Avg/Median Rent$1,974 / $1,748Range$1,748 – $2,200Rent per Sq Ft$2 / $2Sq Ft983 / 502DOM1 / 1New1Total2
Condo
Avg/Median Rent$2,150 / $2,200Range$1,850 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,094 / 1,000DOM27 / 1New3Total4
Multi-Family
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq FtSq FtDOM21 / 21New0Total1
Single Family
Avg/Median Rent$2,721 / $2,700Range$900 – $3,580Rent per Sq Ft$2 / $2Sq Ft1,593 / 1,600DOM32 / 18New9Total37
Townhouse
Avg/Median Rent$2,449 / $2,499Range$1,850 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,375 / 1,200DOM55 / 25New1Total9

Rentals by Bedroom Count

Studio
Avg:$1,748Median:$1,748Range:$1,748 – $1,748PSF:$3 / $3Sq Ft:502 / 502DOM:New:0Total:1
2 Beds
Avg:$2,179Median:$2,200Range:$1,850 – $2,499PSF:$2 / $2Sq Ft:1,220 / 1,200DOM:19 / 2New:3Total:5
3 Beds
Avg:$2,487Median:$2,500Range:$900 – $3,580PSF:$2 / $2Sq Ft:1,426 / 1,392DOM:33 / 16New:9Total:31
4 Beds
Avg:$2,968Median:$2,950Range:$2,250 – $3,500PSF:$2 / $2Sq Ft:1,798 / 1,800DOM:51 / 19New:2Total:13
5 Beds
Avg:$3,058Median:$2,985Range:$2,690 – $3,500PSF:$2 / $2Sq Ft:1,715 / 1,750DOM:12 / 16New:0Total:3

6-Month Sales Trend

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:$325,000Median DOM:10New:56Total:139
Jun 2026
Median Price:$339,900Median DOM:10New:56Total:150
Jul 2026
Median Price:$336,000Median DOM:8New:34Total:154

6-Month Rental Trend

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:$2,550Median DOM:6New:13Total:57
Jun 2026
Median Rent:$2,690Median DOM:20New:20Total:47
Jul 2026
Median Rent:$2,600Median DOM:18New:14Total:53

Key Market Takeaways

Median sale prices softened this month while inventory expanded. 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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