ZIP 60451 Housing Market Report
Chicago Metro
Report period: August 2026
60451 Monthly Market Update – August 2026
ZIP 60451 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$449,900
−2.2%
Median DOM (Sales)
6
−14.3%
New Listings (Sales)
34
−54.1%
Median Rent
$2,272
+0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
48
+2.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (1 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 5 Beds ($689,900 median)
Sales Market Overview
Median Price
$449,900
−2.2%
Median DOM
6
−14.3%
New Listings
34
−54.1%
Inventory
159
0.0%
- Average Price: $577,057
- Median Price: $449,900
- Price Range: $65,000 – $8,750,000
- Price per Sq Ft (Avg/Median): $222 / $220
- Square Footage (Avg/Median): 2,261 / 2,000
- Square Footage Range: 1,000 – 10,000
- Days on Market (Avg/Median): 32 / 6
- Days on Market Range: 1 – 328
- New Listings: 34
- Total Listings: 159
Sales by Property Type
Condo
Avg/Median Price$269,633 / $255,000Range$215,000 – $325,000Price per Sq Ft$221 / $221Sq Ft1,248 / 1,200DOM10 / 1New0Total12
Land
Avg/Median Price$1,815,791 / $599,900Range$65,000 – $8,750,000Price per Sq Ft—Sq Ft—DOM176 / 165New1Total11
Multi-Family
Avg/Median Price$411,073 / $410,490Range$389,490 – $433,990Price per Sq Ft$228 / $226Sq Ft1,804 / 1,767DOM13 / 7New4Total6
Single Family
Avg/Median Price$526,773 / $489,999Range$234,900 – $1,650,000Price per Sq Ft$223 / $219Sq Ft2,454 / 2,235DOM22 / 6New22Total113
Townhouse
Avg/Median Price$385,351 / $399,800Range$225,000 – $599,000Price per Sq Ft$214 / $214Sq Ft1,829 / 1,725DOM46 / 5New7Total17
Sales by Bedroom Count
2 Beds
Avg:$352,391Median:$324,900Range:$215,000 – $599,000PSF:$233 / $246Sq Ft:1,581 / 1,239DOM:41 / 19New:3Total:27
3 Beds
Avg:$418,527Median:$400,000Range:$225,000 – $749,000PSF:$225 / $223Sq Ft:1,907 / 1,791DOM:16 / 4New:19Total:63
4 Beds
Avg:$582,316Median:$549,999Range:$390,000 – $1,349,900PSF:$215 / $208Sq Ft:2,743 / 2,691DOM:21 / 6New:9Total:51
5 Beds
Avg:$885,493Median:$689,900Range:$429,900 – $1,650,000PSF:$211 / $209Sq Ft:4,344 / 3,300DOM:41 / 34New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $352,391 | $324,900 | $215,000 – $599,000 | $233 / $246 | 1,581 / 1,239 | 41 / 19 | 3 | 27 |
| 3 Beds | $418,527 | $400,000 | $225,000 – $749,000 | $225 / $223 | 1,907 / 1,791 | 16 / 4 | 19 | 63 |
| 4 Beds | $582,316 | $549,999 | $390,000 – $1,349,900 | $215 / $208 | 2,743 / 2,691 | 21 / 6 | 9 | 51 |
| 5 Beds | $885,493 | $689,900 | $429,900 – $1,650,000 | $211 / $209 | 4,344 / 3,300 | 41 / 34 | 2 | 7 |
Rental Market Overview
Median Rent
$2,272
+0.7%
Median DOM
1
0.0%
New Listings
25
Inventory
48
+2.1%
- Average Rent: $2,485
- Median Rent: $2,272
- Rent Range: $1,600 – $4,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,147 / 948
- Square Footage Range: 603 – 2,900
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 346
- New Listings: 25
- Total Listings: 48
Rentals by Property Type
Apartment
$1,650
Median DOM: 343
Inventory: 3
MoM: +0.7%
Condo
$1,850
Median DOM: 1
Inventory: 2
MoM: +0.7%
Single Family
$3,200
Median DOM: 1
Inventory: 10
MoM: +0.7%
Townhouse
$2,246
Median DOM: 1
Inventory: 33
MoM: +0.7%
Apartment
Avg/Median Rent$1,762 / $1,650Range$1,600 – $2,036Rent per Sq Ft$2 / $2Sq Ft834 / 900DOM242 / 343New0Total3
Condo
Avg/Median Rent$2,125 / $1,850Range$1,850 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,050 / 900DOM4 / 1New1Total2
Single Family
Avg/Median Rent$3,316 / $3,200Range$2,600 – $4,000Rent per Sq Ft$2 / $2Sq Ft2,073 / 1,950DOM5 / 1New4Total10
Townhouse
Avg/Median Rent$2,321 / $2,246Range$1,901 – $2,810Rent per Sq Ft$3 / $3Sq Ft900 / 838DOM1 / 1New20Total33
Rentals by Bedroom Count
Studio
Avg:$1,955Median:$1,939Range:$1,901 – $2,036PSF:$3 / $3Sq Ft:603 / 603DOM:50 / 1New:1Total:7
1 Beds
Avg:$2,208Median:$2,226Range:$2,096 – $2,396PSF:$3 / $3Sq Ft:792 / 838DOM:1 / 1New:11Total:15
2 Beds
Avg:$2,457Median:$2,660Range:$1,600 – $2,810PSF:$2 / $2Sq Ft:1,138 / 1,157DOM:26 / 1New:9Total:16
3 Beds
Avg:$2,922Median:$2,895Range:$2,600 – $3,200PSF:$2 / $2Sq Ft:1,518 / 1,150DOM:8 / 1New:2Total:4
4 Beds
Avg:$3,579Median:$3,499Range:$2,995 – $4,000PSF:$2 / $1Sq Ft:2,442 / 2,362DOM:3 / 1New:2Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,955 | $1,939 | $1,901 – $2,036 | $3 / $3 | 603 / 603 | 50 / 1 | 1 | 7 |
| 1 Beds | $2,208 | $2,226 | $2,096 – $2,396 | $3 / $3 | 792 / 838 | 1 / 1 | 11 | 15 |
| 2 Beds | $2,457 | $2,660 | $1,600 – $2,810 | $2 / $2 | 1,138 / 1,157 | 26 / 1 | 9 | 16 |
| 3 Beds | $2,922 | $2,895 | $2,600 – $3,200 | $2 / $2 | 1,518 / 1,150 | 8 / 1 | 2 | 4 |
| 4 Beds | $3,579 | $3,499 | $2,995 – $4,000 | $2 / $1 | 2,442 / 2,362 | 3 / 1 | 2 | 6 |
6-Month Sales Trend
Mar 2026
Median Price:$454,900Median DOM:22New:32Total:93
Apr 2026
Median Price:$459,000Median DOM:14New:40Total:115
May 2026
Median Price:$449,900Median DOM:9New:57Total:138
Jun 2026
Median Price:$444,444Median DOM:8New:66Total:154
Jul 2026
Median Price:$459,808Median DOM:7New:74Total:159
Aug 2026
Median Price:$449,900Median DOM:6New:34Total:159
6-Month Rental Trend
Mar 2026
Median Rent:$2,365Median DOM:1New:33Total:49
Apr 2026
Median Rent:$2,365Median DOM:1New:33Total:53
May 2026
Median Rent:$2,267Median DOM:1New:24Total:52
Jun 2026
Median Rent:$2,226Median DOM:1New:27Total:44
Jul 2026
Median Rent:$2,256Median DOM:1New:33Total:47
Aug 2026
Median Rent:$2,272Median DOM:1New:25Total:48
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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