ZIP 60451 Housing Market Report
Chicago Metro
Report period: May 2026
60451 Monthly Market Update – May 2026
ZIP 60451 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$457,900
−0.2%
Median DOM (Sales)
13
−7.1%
New Listings (Sales)
11
−72.5%
Median Rent
$2,345
−0.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
54
+1.9%
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: Condo (6 DOM)
- Fastest renting: Townhouse (1 DOM)
- Strongest bedroom: 5 Beds ($599,000 median)
Sales Market Overview
Median Price
$457,900
−0.2%
Median DOM
13
−7.1%
New Listings
11
−72.5%
Inventory
118
+2.6%
- Average Price: $554,410
- Median Price: $457,900
- Price Range: $44,808 – $8,750,000
- Price per Sq Ft (Avg/Median): $220 / $215
- Square Footage (Avg/Median): 2,313 / 2,100
- Square Footage Range: 1,050 – 5,392
- Days on Market (Avg/Median): 34 / 13
- Days on Market Range: 2 – 237
- New Listings: 11
- Total Listings: 118
Sales by Property Type
Condo
Avg/Median Price$291,980 / $309,900Range$215,000 – $360,000Price per Sq Ft$217 / $203Sq Ft1,364 / 1,247DOM18 / 6New0Total5
Land
Avg/Median Price$1,185,764 / $195,000Range$44,808 – $8,750,000Price per Sq Ft—Sq Ft—DOM95 / 74New0Total11
Single Family
Avg/Median Price$518,261 / $485,000Range$199,900 – $1,419,900Price per Sq Ft$219 / $214Sq Ft2,455 / 2,250DOM25 / 11New8Total87
Townhouse
Avg/Median Price$388,558 / $399,900Range$259,000 – $499,900Price per Sq Ft$230 / $239Sq Ft1,783 / 1,725DOM53 / 20New3Total15
Sales by Bedroom Count
2 Beds
Avg:$364,374Median:$379,900Range:$215,000 – $499,900PSF:$240 / $248Sq Ft:1,585 / 1,542DOM:38 / 11New:2Total:21
3 Beds
Avg:$450,251Median:$429,000Range:$294,900 – $774,808PSF:$230 / $223Sq Ft:1,990 / 1,900DOM:19 / 8New:5Total:45
4 Beds
Avg:$587,664Median:$548,000Range:$199,900 – $1,419,900PSF:$201 / $200Sq Ft:2,938 / 2,700DOM:33 / 11New:3Total:36
5 Beds
Avg:$661,580Median:$599,000Range:$399,900 – $999,000PSF:$187 / $190Sq Ft:3,580 / 3,100DOM:51 / 34New:1Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $364,374 | $379,900 | $215,000 – $499,900 | $240 / $248 | 1,585 / 1,542 | 38 / 11 | 2 | 21 |
| 3 Beds | $450,251 | $429,000 | $294,900 – $774,808 | $230 / $223 | 1,990 / 1,900 | 19 / 8 | 5 | 45 |
| 4 Beds | $587,664 | $548,000 | $199,900 – $1,419,900 | $201 / $200 | 2,938 / 2,700 | 33 / 11 | 3 | 36 |
| 5 Beds | $661,580 | $599,000 | $399,900 – $999,000 | $187 / $190 | 3,580 / 3,100 | 51 / 34 | 1 | 5 |
Rental Market Overview
Median Rent
$2,345
−0.8%
Median DOM
1
0.0%
New Listings
12
Inventory
54
+1.9%
- Average Rent: $2,331
- Median Rent: $2,345
- Rent Range: $1,000 – $4,350
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,138 / 1,105
- Square Footage Range: 603 – 3,450
- Days on Market (Avg/Median): 23 / 1
- Days on Market Range: 1 – 255
- New Listings: 12
- Total Listings: 54
Rentals by Property Type
Apartment
$1,600
Median DOM: 252
Inventory: 3
MoM: −0.8%
Condo
$1,000
Median DOM: 8
Inventory: 1
MoM: −0.8%
Single Family
$2,600
Median DOM: 16
Inventory: 12
MoM: −0.8%
Townhouse
$2,365
Median DOM: 1
Inventory: 38
MoM: −0.8%
Apartment
Avg/Median Rent$1,667 / $1,600Range$1,500 – $1,902Rent per Sq Ft$2 / $2Sq Ft801 / 900DOM191 / 252New0Total3
Condo
Avg/Median Rent$1,000 / $1,000Range$1,000 – $1,000Rent per Sq Ft$1 / $1Sq Ft900 / 900DOM8 / 8New0Total1
Single Family
Avg/Median Rent$2,770 / $2,600Range$1,050 – $4,350Rent per Sq Ft$2 / $2Sq Ft1,771 / 1,600DOM36 / 16New3Total12
Townhouse
Avg/Median Rent$2,280 / $2,365Range$1,866 – $2,727Rent per Sq Ft$2 / $2Sq Ft972 / 1,105DOM7 / 1New9Total38
Rentals by Bedroom Count
Studio
Avg:$1,906Median:$1,902Range:$1,866 – $1,956PSF:$3 / $3Sq Ft:603 / 603DOM:37 / 1New:2Total:7
1 Beds
Avg:$1,950Median:$2,095Range:$1,000 – $2,231PSF:$3 / $3Sq Ft:776 / 709DOM:9 / 1New:5Total:12
2 Beds
Avg:$2,306Median:$2,400Range:$1,245 – $2,727PSF:$2 / $2Sq Ft:1,101 / 1,105DOM:21 / 1New:3Total:26
3 Beds
Avg:$2,924Median:$2,600Range:$2,300 – $3,600PSF:$2 / $2Sq Ft:1,710 / 1,600DOM:53 / 16New:1Total:6
4 Beds
Avg:$3,883Median:$3,799Range:$3,499 – $4,350PSF:$1 / $1Sq Ft:3,017 / 2,900DOM:14 / 2New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,906 | $1,902 | $1,866 – $1,956 | $3 / $3 | 603 / 603 | 37 / 1 | 2 | 7 |
| 1 Beds | $1,950 | $2,095 | $1,000 – $2,231 | $3 / $3 | 776 / 709 | 9 / 1 | 5 | 12 |
| 2 Beds | $2,306 | $2,400 | $1,245 – $2,727 | $2 / $2 | 1,101 / 1,105 | 21 / 1 | 3 | 26 |
| 3 Beds | $2,924 | $2,600 | $2,300 – $3,600 | $2 / $2 | 1,710 / 1,600 | 53 / 16 | 1 | 6 |
| 4 Beds | $3,883 | $3,799 | $3,499 – $4,350 | $1 / $1 | 3,017 / 2,900 | 14 / 2 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$459,000Median DOM:56New:15Total:137
Jan 2026
Median Price:$450,000Median DOM:51New:21Total:132
Feb 2026
Median Price:$459,000Median DOM:18New:30Total:89
Mar 2026
Median Price:$454,900Median DOM:22New:32Total:93
Apr 2026
Median Price:$459,000Median DOM:14New:40Total:115
May 2026
Median Price:$457,900Median DOM:13New:11Total:118
6-Month Rental Trend
Dec 2025
Median Rent:$2,117Median DOM:1New:23Total:35
Jan 2026
Median Rent:$2,412Median DOM:1New:29Total:42
Feb 2026
Median Rent:$2,393Median DOM:1New:30Total:46
Mar 2026
Median Rent:$2,365Median DOM:1New:33Total:49
Apr 2026
Median Rent:$2,365Median DOM:1New:33Total:53
May 2026
Median Rent:$2,345Median DOM:1New:12Total:54
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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