ZIP 60462 Housing Market Report

Chicago Metro

Report period: August 2026

60462 Monthly Market Update – August 2026

ZIP 60462 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$384,900
−0.0%
Median DOM (Sales)
6
0.0%
New Listings (Sales)
37
−55.4%
Median Rent
$2,639
+5.3%
Median DOM (Rental)
21
+40.0%
Total Rental Listings
27
−10.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (5 DOM)
  • Fastest renting: Condo (8 DOM)
  • Strongest bedroom: 6 Beds ($2,700,000 median)

Sales Market Overview

Median Price
$384,900
−0.0%
Median DOM
6
0.0%
New Listings
37
−55.4%
Inventory
185
−6.1%
  • Average Price: $426,950
  • Median Price: $384,900
  • Price Range: $118,000 – $2,700,000
  • Price per Sq Ft (Avg/Median): $219 / $205
  • Square Footage (Avg/Median): 1,951 / 1,800
  • Square Footage Range: 850 – 6,000
  • Days on Market (Avg/Median): 23 / 6
  • Days on Market Range: 1 – 330
  • New Listings: 37
  • Total Listings: 185

Sales by Property Type

Condo
Avg/Median Price$243,884 / $235,500Range$155,000 – $410,000Price per Sq Ft$189 / $190Sq Ft1,302 / 1,200DOM26 / 8New8Total50
Land
Avg/Median Price$396,427 / $350,000Range$118,000 – $1,299,000Price per Sq FtSq FtDOM94 / 71New0Total11
Single Family
Avg/Median Price$546,496 / $460,000Range$179,900 – $2,700,000Price per Sq Ft$241 / $227Sq Ft2,314 / 2,007DOM15 / 5New20Total89
Townhouse
Avg/Median Price$394,077 / $379,900Range$249,000 – $869,000Price per Sq Ft$206 / $197Sq Ft1,940 / 1,850DOM22 / 5New9Total35

Sales by Bedroom Count

1 Beds
Avg:$161,177Median:$159,808Range:$155,000 – $169,900PSF:$176 / $178Sq Ft:920 / 900DOM:20 / 8New:1Total:4
2 Beds
Avg:$286,934Median:$265,000Range:$175,000 – $650,000PSF:$196 / $192Sq Ft:1,482 / 1,400DOM:24 / 6New:14Total:62
3 Beds
Avg:$419,476Median:$419,000Range:$249,000 – $869,000PSF:$235 / $227Sq Ft:1,837 / 1,873DOM:18 / 5New:16Total:71
4 Beds
Avg:$580,950Median:$479,900Range:$224,900 – $1,750,000PSF:$227 / $212Sq Ft:2,634 / 2,200DOM:17 / 3New:3Total:24
5 Beds
Avg:$813,733Median:$660,000Range:$419,000 – $1,549,000PSF:$221 / $204Sq Ft:3,722 / 3,258DOM:11 / 1New:3Total:12
6 Beds
Avg:$2,700,000Median:$2,700,000Range:$2,700,000 – $2,700,000PSF:$518 / $518Sq Ft:5,212 / 5,212DOM:92 / 92New:0Total:1

Rental Market Overview

Median Rent
$2,639
+5.3%
Median DOM
21
+40.0%
New Listings
1
Inventory
27
−10.0%
  • Average Rent: $2,704
  • Median Rent: $2,639
  • Rent Range: $1,650 – $3,802
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,486 / 1,305
  • Square Footage Range: 734 – 2,800
  • Days on Market (Avg/Median): 42 / 21
  • Days on Market Range: 2 – 324
  • New Listings: 1
  • Total Listings: 27

Rentals by Property Type

Apartment
$2,330
Median DOM: 20
Inventory: 10
MoM: +5.3%
Condo
$1,800
Median DOM: 8
Inventory: 5
MoM: +5.3%
Single Family
$2,850
Median DOM: 24
Inventory: 5
MoM: +5.3%
Townhouse
$3,300
Median DOM: 28
Inventory: 7
MoM: +5.3%
Apartment
Avg/Median Rent$2,556 / $2,330Range$1,650 – $3,802Rent per Sq Ft$2 / $2Sq Ft1,198 / 1,050DOM24 / 20New0Total10
Condo
Avg/Median Rent$1,989 / $1,800Range$1,700 – $2,595Rent per Sq Ft$2 / $2Sq Ft1,045 / 900DOM22 / 8New0Total5
Single Family
Avg/Median Rent$3,117 / $2,850Range$2,639 – $3,795Rent per Sq Ft$2 / $2Sq Ft1,743 / 1,425DOM41 / 24New1Total5
Townhouse
Avg/Median Rent$3,130 / $3,300Range$2,500 – $3,399Rent per Sq Ft$2 / $2Sq Ft1,965 / 2,200DOM78 / 28New0Total7

Rentals by Bedroom Count

1 Beds
Avg:$2,098Median:$2,203Range:$1,700 – $2,507PSF:$3 / $3Sq Ft:810 / 800DOM:27 / 20New:0Total:5
2 Beds
Avg:$2,294Median:$2,100Range:$1,650 – $3,029PSF:$2 / $2Sq Ft:1,109 / 1,172DOM:62 / 8New:0Total:7
3 Beds
Avg:$3,021Median:$3,090Range:$2,250 – $3,802PSF:$2 / $2Sq Ft:1,741 / 1,768DOM:35 / 24New:1Total:13
4 Beds
Avg:$3,391Median:$3,391Range:$3,391 – $3,391PSF:$2 / $2Sq Ft:2,200 / 2,200DOM:74 / 74New:0Total:1
5 Beds
Avg:$3,795Median:$3,795Range:$3,795 – $3,795PSF:$1 / $1Sq Ft:2,800 / 2,800DOM:55 / 55New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$330,000Median DOM:16New:52Total:142
Apr 2026
Median Price:$379,873Median DOM:14New:67Total:161
May 2026
Median Price:$370,000Median DOM:8New:84Total:198
Jun 2026
Median Price:$378,000Median DOM:8New:85Total:206
Jul 2026
Median Price:$385,000Median DOM:6New:83Total:197
Aug 2026
Median Price:$384,900Median DOM:6New:37Total:185

6-Month Rental Trend

Mar 2026
Median Rent:$2,200Median DOM:33New:15Total:41
Apr 2026
Median Rent:$2,150Median DOM:33New:7Total:45
May 2026
Median Rent:$2,400Median DOM:31New:8Total:38
Jun 2026
Median Rent:$2,595Median DOM:12New:10Total:33
Jul 2026
Median Rent:$2,507Median DOM:15New:10Total:30
Aug 2026
Median Rent:$2,639Median DOM:21New:1Total:27

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, while total rental inventory tightened.

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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