ZIP 60440 Housing Market Report
Chicago Metro
Report period: August 2026
60440 Monthly Market Update – August 2026
ZIP 60440 · Last updated Aug 10, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$360,000
+1.7%
Median DOM (Sales)
5
−16.7%
New Listings (Sales)
37
−56.0%
Median Rent
$2,550
0.0%
Median DOM (Rental)
12
+20.0%
Total Rental Listings
61
−1.6%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (3 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 4 Beds ($475,000 median)
Sales Market Overview
Median Price
$360,000
+1.7%
Median DOM
5
−16.7%
New Listings
37
−56.0%
Inventory
155
−2.5%
- Average Price: $391,968
- Median Price: $360,000
- Price Range: $135,000 – $1,600,000
- Price per Sq Ft (Avg/Median): $213 / $210
- Square Footage (Avg/Median): 1,826 / 1,701
- Square Footage Range: 837 – 4,000
- Days on Market (Avg/Median): 21 / 5
- Days on Market Range: 1 – 328
- New Listings: 37
- Total Listings: 155
Sales by Property Type
Condo
Avg/Median Price$242,414 / $225,000Range$190,000 – $314,900Price per Sq Ft$207 / $209Sq Ft1,209 / 1,097DOM17 / 4New1Total7
Land
Avg/Median Price$806,633 / $449,900Range$135,000 – $1,600,000Price per Sq Ft—Sq Ft—DOM70 / 67New2Total6
Single Family
Avg/Median Price$418,479 / $384,900Range$174,900 – $999,999Price per Sq Ft$214 / $214Sq Ft2,037 / 1,950DOM12 / 3New28Total103
Townhouse
Avg/Median Price$284,999 / $275,000Range$188,500 – $412,900Price per Sq Ft$214 / $207Sq Ft1,364 / 1,320DOM37 / 13New6Total39
Sales by Bedroom Count
2 Beds
Avg:$286,985Median:$270,000Range:$188,500 – $412,900PSF:$225 / $220Sq Ft:1,290 / 1,306DOM:34 / 10New:3Total:21
3 Beds
Avg:$333,473Median:$329,900Range:$174,900 – $560,000PSF:$217 / $212Sq Ft:1,598 / 1,550DOM:17 / 4New:19Total:79
4 Beds
Avg:$484,569Median:$475,000Range:$225,000 – $999,999PSF:$207 / $204Sq Ft:2,396 / 2,195DOM:17 / 4New:12Total:46
5 Beds
Avg:$414,500Median:$369,000Range:$369,000 – $459,999PSF:$140 / $124Sq Ft:2,964 / 2,964DOM:1 / 1New:0Total:2
6 Beds
Avg:$425,000Median:$425,000Range:$425,000 – $425,000PSF:$177 / $177Sq Ft:2,400 / 2,400DOM:3 / 3New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $286,985 | $270,000 | $188,500 – $412,900 | $225 / $220 | 1,290 / 1,306 | 34 / 10 | 3 | 21 |
| 3 Beds | $333,473 | $329,900 | $174,900 – $560,000 | $217 / $212 | 1,598 / 1,550 | 17 / 4 | 19 | 79 |
| 4 Beds | $484,569 | $475,000 | $225,000 – $999,999 | $207 / $204 | 2,396 / 2,195 | 17 / 4 | 12 | 46 |
| 5 Beds | $414,500 | $369,000 | $369,000 – $459,999 | $140 / $124 | 2,964 / 2,964 | 1 / 1 | 0 | 2 |
| 6 Beds | $425,000 | $425,000 | $425,000 – $425,000 | $177 / $177 | 2,400 / 2,400 | 3 / 3 | 1 | 1 |
Rental Market Overview
Median Rent
$2,550
0.0%
Median DOM
12
+20.0%
New Listings
13
Inventory
61
−1.6%
- Average Rent: $2,561
- Median Rent: $2,550
- Rent Range: $900 – $4,020
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,522 / 1,348
- Square Footage Range: 502 – 2,964
- Days on Market (Avg/Median): 25 / 12
- Days on Market Range: 1 – 240
- New Listings: 13
- Total Listings: 61
Rentals by Property Type
Apartment
$1,773
Median DOM: 1
Inventory: 3
MoM: 0.0%
Condo
$2,195
Median DOM: 13
Inventory: 7
MoM: 0.0%
Single Family
$2,800
Median DOM: 12
Inventory: 43
MoM: 0.0%
Townhouse
$2,499
Median DOM: 30
Inventory: 7
MoM: 0.0%
Apartment
Avg/Median Rent$1,763 / $1,773Range$1,316 – $2,200Rent per Sq Ft$3 / $2Sq Ft983 / 502DOM11 / 1New0Total3
Condo
Avg/Median Rent$2,085 / $2,195Range$1,700 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,037 / 970DOM28 / 13New2Total7
Multi-Family
Avg/Median Rent$2,200 / $2,200Range$2,200 – $2,200Rent per Sq Ft—Sq Ft—DOM21 / 21New0Total1
Single Family
Avg/Median Rent$2,724 / $2,800Range$900 – $4,020Rent per Sq Ft$2 / $2Sq Ft1,635 / 1,500DOM20 / 12New10Total43
Townhouse
Avg/Median Rent$2,428 / $2,499Range$2,199 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,398 / 1,180DOM50 / 30New1Total7
Rentals by Bedroom Count
Studio
Avg:$1,544Median:$1,316Range:$1,316 – $1,773PSF:$4 / $4Sq Ft:502 / 502DOM:20 / 20New:0Total:2
2 Beds
Avg:$2,070Median:$2,100Range:$1,700 – $2,499PSF:$2 / $2Sq Ft:1,156 / 970DOM:12 / 13New:0Total:5
3 Beds
Avg:$2,417Median:$2,500Range:$900 – $3,335PSF:$2 / $2Sq Ft:1,373 / 1,348DOM:27 / 12New:9Total:38
4 Beds
Avg:$3,042Median:$3,000Range:$2,250 – $3,760PSF:$2 / $2Sq Ft:1,937 / 1,950DOM:26 / 18New:2Total:12
5 Beds
Avg:$3,601Median:$3,500Range:$2,895 – $4,020PSF:$2 / $1Sq Ft:2,330 / 1,954DOM:18 / 5New:2Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,544 | $1,316 | $1,316 – $1,773 | $4 / $4 | 502 / 502 | 20 / 20 | 0 | 2 |
| 2 Beds | $2,070 | $2,100 | $1,700 – $2,499 | $2 / $2 | 1,156 / 970 | 12 / 13 | 0 | 5 |
| 3 Beds | $2,417 | $2,500 | $900 – $3,335 | $2 / $2 | 1,373 / 1,348 | 27 / 12 | 9 | 38 |
| 4 Beds | $3,042 | $3,000 | $2,250 – $3,760 | $2 / $2 | 1,937 / 1,950 | 26 / 18 | 2 | 12 |
| 5 Beds | $3,601 | $3,500 | $2,895 – $4,020 | $2 / $1 | 2,330 / 1,954 | 18 / 5 | 2 | 4 |
6-Month Sales Trend
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:$353,900Median DOM:6New:84Total:159
Aug 2026
Median Price:$360,000Median DOM:5New:37Total:155
6-Month Rental Trend
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:$2,550Median DOM:10New:31Total:62
Aug 2026
Median Rent:$2,550Median DOM:12New:13Total:61
Key Market Takeaways
Median sale prices moved higher 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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