ZIP 60448 Housing Market Report
Chicago Metro
Report period: May 2026
60448 Monthly Market Update – May 2026
ZIP 60448 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$494,000
−1.1%
Median DOM (Sales)
22
−4.3%
New Listings (Sales)
15
−44.4%
Median Rent
$2,200
0.0%
Median DOM (Rental)
9
−69.0%
Total Rental Listings
5
+25.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (11 DOM)
- Fastest renting: Apartment (9 DOM)
- Strongest bedroom: 6 Beds ($2,500,000 median)
Sales Market Overview
Median Price
$494,000
−1.1%
Median DOM
22
−4.3%
New Listings
15
−44.4%
Inventory
114
+9.6%
- Average Price: $719,391
- Median Price: $494,000
- Price Range: $50,000 – $7,490,000
- Price per Sq Ft (Avg/Median): $221 / $201
- Square Footage (Avg/Median): 2,689 / 2,100
- Square Footage Range: 900 – 11,129
- Days on Market (Avg/Median): 55 / 22
- Days on Market Range: 2 – 348
- New Listings: 15
- Total Listings: 114
Sales by Property Type
Condo
Avg/Median Price$208,411 / $189,900Range$150,000 – $319,000Price per Sq Ft$177 / $171Sq Ft1,191 / 1,026DOM39 / 11New3Total9
Land
Avg/Median Price$1,201,039 / $469,900Range$50,000 – $7,490,000Price per Sq Ft—Sq Ft—DOM124 / 86New2Total21
Single Family
Avg/Median Price$775,156 / $569,000Range$259,000 – $6,999,900Price per Sq Ft$230 / $201Sq Ft3,346 / 2,900DOM37 / 14New9Total55
Townhouse
Avg/Median Price$423,431 / $379,000Range$250,000 – $669,900Price per Sq Ft$217 / $206Sq Ft1,953 / 1,860DOM59 / 39New1Total29
Sales by Bedroom Count
2 Beds
Avg:$345,608Median:$319,000Range:$150,000 – $669,900PSF:$204 / $182Sq Ft:1,679 / 1,752DOM:54 / 20New:4Total:25
3 Beds
Avg:$463,982Median:$415,000Range:$225,900 – $970,000PSF:$226 / $210Sq Ft:2,244 / 1,921DOM:39 / 10New:5Total:33
4 Beds
Avg:$684,918Median:$539,990Range:$315,000 – $1,299,900PSF:$222 / $201Sq Ft:3,076 / 2,747DOM:33 / 16New:3Total:22
5 Beds
Avg:$1,272,418Median:$724,900Range:$474,808 – $6,999,900PSF:$238 / $195Sq Ft:4,601 / 3,873DOM:59 / 16New:1Total:12
6 Beds
Avg:$2,500,000Median:$2,500,000Range:$2,500,000 – $2,500,000PSF:$225 / $225Sq Ft:11,129 / 11,129DOM:40 / 40New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $345,608 | $319,000 | $150,000 – $669,900 | $204 / $182 | 1,679 / 1,752 | 54 / 20 | 4 | 25 |
| 3 Beds | $463,982 | $415,000 | $225,900 – $970,000 | $226 / $210 | 2,244 / 1,921 | 39 / 10 | 5 | 33 |
| 4 Beds | $684,918 | $539,990 | $315,000 – $1,299,900 | $222 / $201 | 3,076 / 2,747 | 33 / 16 | 3 | 22 |
| 5 Beds | $1,272,418 | $724,900 | $474,808 – $6,999,900 | $238 / $195 | 4,601 / 3,873 | 59 / 16 | 1 | 12 |
| 6 Beds | $2,500,000 | $2,500,000 | $2,500,000 – $2,500,000 | $225 / $225 | 11,129 / 11,129 | 40 / 40 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
0.0%
Median DOM
9
−69.0%
New Listings
0
Inventory
5
+25.0%
- Average Rent: $2,445
- Median Rent: $2,200
- Rent Range: $1,650 – $3,275
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,358 / 1,176
- Square Footage Range: 950 – 2,125
- Days on Market (Avg/Median): 30 / 9
- Days on Market Range: 9 – 58
- New Listings: 0
- Total Listings: 5
Rentals by Property Type
Apartment
$1,650
Median DOM: 9
Inventory: 1
MoM: 0.0%
Condo
$3,275
Median DOM: —
Inventory: 1
MoM: 0.0%
Single Family
$2,200
Median DOM: 42
Inventory: 3
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$2 / $2Sq Ft950 / 950DOM9 / 9New0Total1
Condo
Avg/Median Rent$3,275 / $3,275Range$3,275 – $3,275Rent per Sq Ft$2 / $2Sq Ft2,125 / 2,125DOM—New0Total1
Single Family
Avg/Median Rent$2,433 / $2,200Range$2,200 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,239 / 1,176DOM36 / 42New0Total3
Rentals by Bedroom Count
2 Beds
Avg:$1,650Median:$1,650Range:$1,650 – $1,650PSF:$2 / $2Sq Ft:950 / 950DOM:9 / 9New:0Total:1
3 Beds
Avg:$2,644Median:$2,200Range:$2,200 – $3,275PSF:$2 / $2Sq Ft:1,460 / 1,176DOM:36 / 42New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $1,650 | $1,650 | $1,650 – $1,650 | $2 / $2 | 950 / 950 | 9 / 9 | 0 | 1 |
| 3 Beds | $2,644 | $2,200 | $2,200 – $3,275 | $2 / $2 | 1,460 / 1,176 | 36 / 42 | 0 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$485,000Median DOM:47New:15Total:111
Jan 2026
Median Price:$485,000Median DOM:43New:25Total:110
Feb 2026
Median Price:$499,900Median DOM:29New:32Total:99
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:22New:15Total:114
6-Month Rental Trend
Dec 2025
Median Rent:$2,550Median DOM:8New:1Total:4
Jan 2026
Median Rent:$1,650Median DOM:22New:2Total:4
Feb 2026
Median Rent:$2,400Median DOM:27New:3Total:7
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:9New:0Total:5
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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