ZIP 60448 Housing Market Report
Chicago Metro
Report period: August 2026
60448 Monthly Market Update – August 2026
ZIP 60448 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$449,000
0.0%
Median DOM (Sales)
5
0.0%
New Listings (Sales)
41
−34.9%
Median Rent
$2,600
0.0%
Median DOM (Rental)
12
+20.0%
Total Rental Listings
10
+25.0%
Month-over-Month Movement
Median sale prices were flat. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (1 DOM)
- Fastest renting: Condo (2 DOM)
- Strongest bedroom: 7 Beds ($1,550,000 median)
Sales Market Overview
Median Price
$449,000
0.0%
Median DOM
5
0.0%
New Listings
41
−34.9%
Inventory
135
0.0%
- Average Price: $669,307
- Median Price: $449,000
- Price Range: $50,000 – $7,490,000
- Price per Sq Ft (Avg/Median): $225 / $208
- Square Footage (Avg/Median): 2,602 / 2,034
- Square Footage Range: 780 – 8,712
- Days on Market (Avg/Median): 30 / 5
- Days on Market Range: 1 – 336
- New Listings: 41
- Total Listings: 135
Sales by Property Type
Condo
Avg/Median Price$213,918 / $199,900Range$155,000 – $347,500Price per Sq Ft$200 / $191Sq Ft1,057 / 1,012DOM47 / 7New2Total11
Land
Avg/Median Price$928,097 / $315,000Range$50,000 – $7,490,000Price per Sq Ft—Sq Ft—DOM68 / 40New6Total29
Single Family
Avg/Median Price$722,692 / $549,999Range$189,900 – $6,999,900Price per Sq Ft$232 / $219Sq Ft3,078 / 2,444DOM20 / 6New20Total69
Townhouse
Avg/Median Price$431,643 / $394,500Range$284,900 – $665,000Price per Sq Ft$216 / $205Sq Ft1,986 / 1,957DOM16 / 1New13Total26
Sales by Bedroom Count
1 Beds
Avg:$189,900Median:$189,900Range:$189,900 – $189,900PSF:$202 / $202Sq Ft:938 / 938DOM:1 / 1New:0Total:1
2 Beds
Avg:$322,896Median:$299,900Range:$155,000 – $665,000PSF:$220 / $205Sq Ft:1,435 / 1,250DOM:44 / 9New:6Total:24
3 Beds
Avg:$435,340Median:$425,000Range:$210,000 – $699,900PSF:$231 / $233Sq Ft:1,924 / 1,845DOM:10 / 1New:16Total:39
4 Beds
Avg:$651,368Median:$560,000Range:$299,900 – $1,250,000PSF:$208 / $200Sq Ft:3,278 / 2,900DOM:15 / 2New:10Total:28
5 Beds
Avg:$1,419,491Median:$700,000Range:$624,900 – $6,999,900PSF:$260 / $203Sq Ft:4,605 / 4,020DOM:24 / 6New:3Total:11
6 Beds
Avg:$1,560,611Median:$899,000Range:$899,000 – $2,222,222PSF:$229 / $154Sq Ft:6,586 / 5,850DOM:52 / 50New:0Total:2
7 Beds
Avg:$1,550,000Median:$1,550,000Range:$1,550,000 – $1,550,000PSF:$196 / $196Sq Ft:7,919 / 7,919DOM:53 / 53New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $189,900 | $189,900 | $189,900 – $189,900 | $202 / $202 | 938 / 938 | 1 / 1 | 0 | 1 |
| 2 Beds | $322,896 | $299,900 | $155,000 – $665,000 | $220 / $205 | 1,435 / 1,250 | 44 / 9 | 6 | 24 |
| 3 Beds | $435,340 | $425,000 | $210,000 – $699,900 | $231 / $233 | 1,924 / 1,845 | 10 / 1 | 16 | 39 |
| 4 Beds | $651,368 | $560,000 | $299,900 – $1,250,000 | $208 / $200 | 3,278 / 2,900 | 15 / 2 | 10 | 28 |
| 5 Beds | $1,419,491 | $700,000 | $624,900 – $6,999,900 | $260 / $203 | 4,605 / 4,020 | 24 / 6 | 3 | 11 |
| 6 Beds | $1,560,611 | $899,000 | $899,000 – $2,222,222 | $229 / $154 | 6,586 / 5,850 | 52 / 50 | 0 | 2 |
| 7 Beds | $1,550,000 | $1,550,000 | $1,550,000 – $1,550,000 | $196 / $196 | 7,919 / 7,919 | 53 / 53 | 0 | 1 |
Rental Market Overview
Median Rent
$2,600
0.0%
Median DOM
12
+20.0%
New Listings
1
Inventory
10
+25.0%
- Average Rent: $2,490
- Median Rent: $2,600
- Rent Range: $1,575 – $3,400
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,350 / 1,176
- Square Footage Range: 673 – 2,125
- Days on Market (Avg/Median): 12 / 12
- Days on Market Range: 1 – 29
- New Listings: 1
- Total Listings: 10
Rentals by Property Type
Apartment
$1,575
Median DOM: 20
Inventory: 1
MoM: 0.0%
Condo
$2,600
Median DOM: 2
Inventory: 3
MoM: 0.0%
Single Family
$2,600
Median DOM: 12
Inventory: 5
MoM: 0.0%
Townhouse
$3,400
Median DOM: 5
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,575 / $1,575Range$1,575 – $1,575Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM20 / 20New0Total1
Condo
Avg/Median Rent$2,475 / $2,600Range$1,850 – $2,975Rent per Sq Ft$2 / $1Sq Ft1,652 / 1,800DOM16 / 2New0Total3
Single Family
Avg/Median Rent$2,500 / $2,600Range$1,600 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,145 / 1,176DOM10 / 12New1Total5
Townhouse
Avg/Median Rent$3,400 / $3,400Range$3,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,921 / 1,921DOM5 / 5New0Total1
Rentals by Bedroom Count
2 Beds
Avg:$1,675Median:$1,600Range:$1,575 – $1,850PSF:$2 / $2Sq Ft:868 / 900DOM:8 / 2New:1Total:3
3 Beds
Avg:$2,879Median:$2,975Range:$2,100 – $3,400PSF:$2 / $2Sq Ft:1,665 / 1,566DOM:17 / 16New:0Total:6
5 Beds
Avg:$2,600Median:$2,600Range:$2,600 – $2,600PSF:$3 / $3Sq Ft:912 / 912DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,675 | $1,600 | $1,575 – $1,850 | $2 / $2 | 868 / 900 | 8 / 2 | 1 | 3 |
| 3 Beds | $2,879 | $2,975 | $2,100 – $3,400 | $2 / $2 | 1,665 / 1,566 | 17 / 16 | 0 | 6 |
| 5 Beds | $2,600 | $2,600 | $2,600 – $2,600 | $3 / $3 | 912 / 912 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$499,900Median DOM:27New:24Total:104
Apr 2026
Median Price:$499,500Median DOM:23New:27Total:104
May 2026
Median Price:$494,000Median DOM:13New:39Total:108
Jun 2026
Median Price:$459,000Median DOM:6New:70Total:124
Jul 2026
Median Price:$449,000Median DOM:5New:63Total:135
Aug 2026
Median Price:$449,000Median DOM:5New:41Total:135
6-Month Rental Trend
Mar 2026
Median Rent:$2,400Median DOM:27New:0Total:6
Apr 2026
Median Rent:$2,200Median DOM:29New:2Total:4
May 2026
Median Rent:$2,200Median DOM:11New:1Total:6
Jun 2026
Median Rent:$2,600Median DOM:14New:3Total:7
Jul 2026
Median Rent:$2,600Median DOM:10New:4Total:8
Aug 2026
Median Rent:$2,600Median DOM:12New:1Total:10
Key Market Takeaways
Median sale prices held steady this month while inventory remained stable. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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