ZIP 60448 Housing Market Report

Chicago Metro

Report period: March 2026

60448 Monthly Market Update – March 2026

ZIP 60448 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$510,000
+2.0%
Median DOM (Sales)
28
−3.4%
New Listings (Sales)
9
−71.9%
Median Rent
$2,400
0.0%
Median DOM (Rental)
27
0.0%
Total Rental Listings
7
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Condo (13 DOM)
  • Fastest renting: Single Family (13 DOM)
  • Strongest bedroom: 5 Beds ($824,000 median)

Sales Market Overview

Median Price
$510,000
+2.0%
Median DOM
28
−3.4%
New Listings
9
−71.9%
Inventory
103
+4.0%
  • Average Price: $752,401
  • Median Price: $510,000
  • Price Range: $50,000 – $7,490,000
  • Price per Sq Ft (Avg/Median): $228 / $212
  • Square Footage (Avg/Median): 2,626 / 2,100
  • Square Footage Range: 900 – 8,712
  • Days on Market (Avg/Median): 58 / 28
  • Days on Market Range: 1 – 364
  • New Listings: 9
  • Total Listings: 103

Sales by Property Type

Condo
Avg/Median Price$219,133 / $199,999Range$160,000 – $289,900Price per Sq Ft$186 / $178Sq Ft1,204 / 1,026DOM50 / 13New1Total6
Land
Avg/Median Price$1,446,434 / $450,000Range$50,000 – $7,490,000Price per Sq FtSq FtDOM122 / 84New0Total18
Single Family
Avg/Median Price$710,562 / $550,000Range$279,900 – $6,999,900Price per Sq Ft$231 / $210Sq Ft3,074 / 2,800DOM45 / 20New6Total55
Townhouse
Avg/Median Price$461,075 / $524,900Range$285,000 – $669,900Price per Sq Ft$234 / $232Sq Ft1,994 / 1,957DOM59 / 48New2Total24

Sales by Bedroom Count

2 Beds
Avg:$407,050Median:$369,000Range:$160,000 – $669,900PSF:$226 / $230Sq Ft:1,819 / 1,860DOM:78 / 74New:4Total:18
3 Beds
Avg:$451,576Median:$419,900Range:$199,999 – $975,000PSF:$237 / $234Sq Ft:2,025 / 1,764DOM:37 / 20New:1Total:37
4 Beds
Avg:$660,005Median:$599,500Range:$315,000 – $1,299,900PSF:$206 / $195Sq Ft:3,200 / 2,983DOM:41 / 27New:2Total:19
5 Beds
Avg:$1,353,292Median:$824,000Range:$639,900 – $6,999,900PSF:$241 / $196Sq Ft:4,851 / 4,300DOM:57 / 16New:2Total:11

Rental Market Overview

Median Rent
$2,400
0.0%
Median DOM
27
0.0%
New Listings
0
Inventory
7
0.0%
  • Average Rent: $2,418
  • Median Rent: $2,400
  • Rent Range: $1,550 – $3,275
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,325 / 1,118
  • Square Footage Range: 900 – 2,125
  • Days on Market (Avg/Median): 25 / 27
  • Days on Market Range: 12 – 40
  • New Listings: 0
  • Total Listings: 7

Rentals by Property Type

Apartment
$1,550
Median DOM: 29
Inventory: 1
MoM: 0.0%
Condo
$1,650
Median DOM: 27
Inventory: 2
MoM: 0.0%
Single Family
$2,400
Median DOM: 13
Inventory: 4
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,550 / $1,550Range$1,550 – $1,550Rent per Sq Ft$2 / $2Sq Ft900 / 900DOM29 / 29New0Total1
Condo
Avg/Median Rent$2,462 / $1,650Range$1,650 – $3,275Rent per Sq Ft$2 / $2Sq Ft1,552 / 980DOM27 / 27New0Total2
Single Family
Avg/Median Rent$2,612 / $2,400Range$2,200 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,318 / 1,118DOM24 / 13New0Total4

Rentals by Bedroom Count

2 Beds
Avg:$1,600Median:$1,550Range:$1,550 – $1,650PSF:$2 / $2Sq Ft:940 / 900DOM:28 / 27New:0Total:2
3 Beds
Avg:$2,745Median:$2,700Range:$2,200 – $3,275PSF:$2 / $2Sq Ft:1,480 / 1,331DOM:24 / 13New:0Total:5

6-Month Sales Trend

Oct 2025
Median Price:$490,000Median DOM:46New:34Total:139
Nov 2025
Median Price:$485,000Median DOM:44New:27Total:133
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:$510,000Median DOM:28New:9Total:103

6-Month Rental Trend

Oct 2025
Median Rent:$1,650Median DOM:19New:1Total:3
Nov 2025
Median Rent:$2,550Median DOM:22New:1Total:4
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:7

Key Market Takeaways

Median sale prices moved higher 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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