ZIP 60471 Housing Market Report
Chicago Metro
Report period: May 2026
60471 Monthly Market Update – May 2026
ZIP 60471 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$233,000
−1.3%
Median DOM (Sales)
43
−12.2%
New Listings (Sales)
2
−87.5%
Median Rent
$1,900
+2.7%
Median DOM (Rental)
40
+29.0%
Total Rental Listings
10
+11.1%
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 (4 DOM)
- Fastest renting: Single Family (14 DOM)
- Strongest bedroom: 5 Beds ($499,900 median)
Sales Market Overview
Median Price
$233,000
−1.3%
Median DOM
43
−12.2%
New Listings
2
−87.5%
Inventory
71
−12.3%
- Average Price: $247,804
- Median Price: $233,000
- Price Range: $24,900 – $950,000
- Price per Sq Ft (Avg/Median): $153 / $151
- Square Footage (Avg/Median): 1,737 / 1,709
- Square Footage Range: 893 – 3,000
- Days on Market (Avg/Median): 82 / 43
- Days on Market Range: 2 – 354
- New Listings: 2
- Total Listings: 71
Sales by Property Type
Condo
Avg/Median Price$187,494 / $124,999Range$124,999 – $249,990Price per Sq Ft$117 / $114Sq Ft1,594 / 1,100DOM18 / 4New0Total2
Land
Avg/Median Price$196,867 / $64,500Range$24,900 – $950,000Price per Sq Ft—Sq Ft—DOM166 / 120New0Total9
Single Family
Avg/Median Price$270,300 / $247,700Range$115,000 – $499,900Price per Sq Ft$156 / $155Sq Ft1,827 / 1,783DOM88 / 49New2Total52
Townhouse
Avg/Median Price$173,962 / $139,900Range$129,900 – $252,000Price per Sq Ft$139 / $135Sq Ft1,160 / 1,158DOM26 / 14New0Total8
Sales by Bedroom Count
2 Beds
Avg:$153,074Median:$135,000Range:$124,999 – $249,990PSF:$126 / $121Sq Ft:1,225 / 1,100DOM:77 / 35New:0Total:8
3 Beds
Avg:$217,654Median:$220,000Range:$115,000 – $299,000PSF:$157 / $157Sq Ft:1,447 / 1,280DOM:75 / 43New:0Total:28
4 Beds
Avg:$320,140Median:$339,000Range:$149,900 – $489,000PSF:$155 / $155Sq Ft:2,099 / 2,310DOM:85 / 43New:2Total:25
5 Beds
Avg:$499,900Median:$499,900Range:$499,900 – $499,900PSF:$167 / $167Sq Ft:3,000 / 3,000DOM:2 / 2New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $153,074 | $135,000 | $124,999 – $249,990 | $126 / $121 | 1,225 / 1,100 | 77 / 35 | 0 | 8 |
| 3 Beds | $217,654 | $220,000 | $115,000 – $299,000 | $157 / $157 | 1,447 / 1,280 | 75 / 43 | 0 | 28 |
| 4 Beds | $320,140 | $339,000 | $149,900 – $489,000 | $155 / $155 | 2,099 / 2,310 | 85 / 43 | 2 | 25 |
| 5 Beds | $499,900 | $499,900 | $499,900 – $499,900 | $167 / $167 | 3,000 / 3,000 | 2 / 2 | 0 | 1 |
Rental Market Overview
Median Rent
$1,900
+2.7%
Median DOM
40
+29.0%
New Listings
1
Inventory
10
+11.1%
- Average Rent: $1,891
- Median Rent: $1,900
- Rent Range: $1,025 – $2,570
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,190 / 1,155
- Square Footage Range: 770 – 1,721
- Days on Market (Avg/Median): 43 / 40
- Days on Market Range: 6 – 105
- New Listings: 1
- Total Listings: 10
Rentals by Property Type
Apartment
$1,350
Median DOM: 44
Inventory: 4
MoM: +2.7%
Condo
—
Median DOM: —
Inventory: —
MoM: +2.7%
Single Family
$2,140
Median DOM: 14
Inventory: 6
MoM: +2.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +2.7%
Apartment
Avg/Median Rent$1,408 / $1,350Range$1,025 – $1,850Rent per Sq Ft$2 / $2Sq Ft907 / 950DOM52 / 44New0Total4
Single Family
Avg/Median Rent$2,213 / $2,140Range$1,900 – $2,570Rent per Sq Ft$2 / $2Sq Ft1,332 / 1,200DOM39 / 14New1Total6
Rentals by Bedroom Count
1 Beds
Avg:$1,405Median:$1,405Range:$1,405 – $1,405PSF:$2 / $2Sq Ft:770 / 770DOM:44 / 44New:0Total:1
2 Beds
Avg:$1,188Median:$1,025Range:$1,025 – $1,350PSF:$1 / $1Sq Ft:1,000 / 1,000DOM:78 / 78New:0Total:2
3 Beds
Avg:$2,004Median:$1,900Range:$1,850 – $2,140PSF:$2 / $2Sq Ft:1,225 / 1,155DOM:48 / 33New:0Total:4
4 Beds
Avg:$2,372Median:$2,300Range:$2,245 – $2,570PSF:$2 / $2Sq Ft:1,347 / 1,200DOM:24 / 12New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,405 | $1,405 | $1,405 – $1,405 | $2 / $2 | 770 / 770 | 44 / 44 | 0 | 1 |
| 2 Beds | $1,188 | $1,025 | $1,025 – $1,350 | $1 / $1 | 1,000 / 1,000 | 78 / 78 | 0 | 2 |
| 3 Beds | $2,004 | $1,900 | $1,850 – $2,140 | $2 / $2 | 1,225 / 1,155 | 48 / 33 | 0 | 4 |
| 4 Beds | $2,372 | $2,300 | $2,245 – $2,570 | $2 / $2 | 1,347 / 1,200 | 24 / 12 | 1 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$215,000Median DOM:76New:11Total:90
Jan 2026
Median Price:$224,000Median DOM:64New:18Total:87
Feb 2026
Median Price:$235,000Median DOM:64New:7Total:66
Mar 2026
Median Price:$237,000Median DOM:70New:14Total:71
Apr 2026
Median Price:$236,000Median DOM:49New:16Total:81
May 2026
Median Price:$233,000Median DOM:43New:2Total:71
6-Month Rental Trend
Dec 2025
Median Rent:$1,850Median DOM:18New:4Total:11
Jan 2026
Median Rent:$1,850Median DOM:23New:3Total:11
Feb 2026
Median Rent:$1,850Median DOM:40New:1Total:11
Mar 2026
Median Rent:$1,850Median DOM:40New:2Total:10
Apr 2026
Median Rent:$1,850Median DOM:31New:2Total:9
May 2026
Median Rent:$1,900Median DOM:40New:1Total:10
Key Market Takeaways
Median sale prices softened this month while inventory compressed. 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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