ZIP 60471 Housing Market Report
Chicago Metro
Report period: August 2026
60471 Monthly Market Update – August 2026
ZIP 60471 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$235,000
0.0%
Median DOM (Sales)
13
−7.1%
New Listings (Sales)
20
−31.0%
Median Rent
$2,110
+0.5%
Median DOM (Rental)
75
−14.8%
Total Rental Listings
12
−7.7%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (1 DOM)
- Fastest renting: Townhouse (17 DOM)
- Strongest bedroom: 4 Beds ($319,000 median)
Sales Market Overview
Median Price
$235,000
0.0%
Median DOM
13
−7.1%
New Listings
20
−31.0%
Inventory
63
−4.5%
- Average Price: $247,199
- Median Price: $235,000
- Price Range: $24,900 – $649,000
- Price per Sq Ft (Avg/Median): $158 / $155
- Square Footage (Avg/Median): 1,761 / 1,533
- Square Footage Range: 761 – 3,205
- Days on Market (Avg/Median): 47 / 13
- Days on Market Range: 1 – 287
- New Listings: 20
- Total Listings: 63
Sales by Property Type
Land
Avg/Median Price$160,973 / $72,900Range$24,900 – $649,000Price per Sq Ft—Sq Ft—DOM19 / 1New8Total11
Single Family
Avg/Median Price$279,179 / $288,700Range$105,000 – $489,900Price per Sq Ft$160 / $163Sq Ft1,845 / 1,709DOM58 / 26New10Total45
Townhouse
Avg/Median Price$177,114 / $165,000Range$129,900 – $235,000Price per Sq Ft$143 / $142Sq Ft1,247 / 1,224DOM25 / 7New2Total7
Sales by Bedroom Count
2 Beds
Avg:$162,829Median:$145,000Range:$129,900 – $210,000PSF:$156 / $156Sq Ft:1,054 / 1,112DOM:57 / 26New:2Total:7
3 Beds
Avg:$234,291Median:$229,900Range:$105,000 – $370,000PSF:$159 / $162Sq Ft:1,561 / 1,304DOM:41 / 20New:5Total:23
4 Beds
Avg:$331,722Median:$319,000Range:$165,000 – $484,000PSF:$160 / $155Sq Ft:2,163 / 2,350DOM:66 / 6New:5Total:20
5 Beds
Avg:$319,950Median:$150,000Range:$150,000 – $489,900PSF:$128 / $92Sq Ft:2,317 / 1,634DOM:72 / 59New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $162,829 | $145,000 | $129,900 – $210,000 | $156 / $156 | 1,054 / 1,112 | 57 / 26 | 2 | 7 |
| 3 Beds | $234,291 | $229,900 | $105,000 – $370,000 | $159 / $162 | 1,561 / 1,304 | 41 / 20 | 5 | 23 |
| 4 Beds | $331,722 | $319,000 | $165,000 – $484,000 | $160 / $155 | 2,163 / 2,350 | 66 / 6 | 5 | 20 |
| 5 Beds | $319,950 | $150,000 | $150,000 – $489,900 | $128 / $92 | 2,317 / 1,634 | 72 / 59 | 0 | 2 |
Rental Market Overview
Median Rent
$2,110
+0.5%
Median DOM
75
−14.8%
New Listings
0
Inventory
12
−7.7%
- Average Rent: $2,294
- Median Rent: $2,110
- Rent Range: $1,395 – $3,475
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,405 / 1,289
- Square Footage Range: 770 – 2,310
- Days on Market (Avg/Median): 66 / 75
- Days on Market Range: 7 – 135
- New Listings: 0
- Total Listings: 12
Rentals by Property Type
Apartment
$1,850
Median DOM: 59
Inventory: 4
MoM: +0.5%
Condo
—
Median DOM: —
Inventory: —
MoM: +0.5%
Single Family
$2,500
Median DOM: 75
Inventory: 7
MoM: +0.5%
Townhouse
$2,050
Median DOM: 17
Inventory: 1
MoM: +0.5%
Apartment
Avg/Median Rent$1,936 / $1,850Range$1,395 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,130 / 950DOM84 / 59New0Total4
Single Family
Avg/Median Rent$2,534 / $2,500Range$2,050 – $3,475Rent per Sq Ft$2 / $2Sq Ft1,620 / 1,595DOM63 / 75New0Total7
Townhouse
Avg/Median Rent$2,050 / $2,050Range$2,050 – $2,050Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM17 / 17New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,395Median:$1,395Range:$1,395 – $1,395PSF:$2 / $2Sq Ft:770 / 770DOM:135 / 135New:0Total:1
2 Beds
Avg:$2,050Median:$2,050Range:$2,050 – $2,050PSF:$2 / $2Sq Ft:1,000 / 1,000DOM:17 / 17New:0Total:1
3 Beds
Avg:$2,132Median:$2,050Range:$1,850 – $2,530PSF:$2 / $2Sq Ft:1,234 / 1,100DOM:80 / 75New:0Total:4
4 Beds
Avg:$2,592Median:$2,500Range:$2,110 – $3,475PSF:$2 / $1Sq Ft:1,693 / 1,700DOM:51 / 59New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,395 | $1,395 | $1,395 – $1,395 | $2 / $2 | 770 / 770 | 135 / 135 | 0 | 1 |
| 2 Beds | $2,050 | $2,050 | $2,050 – $2,050 | $2 / $2 | 1,000 / 1,000 | 17 / 17 | 0 | 1 |
| 3 Beds | $2,132 | $2,050 | $1,850 – $2,530 | $2 / $2 | 1,234 / 1,100 | 80 / 75 | 0 | 4 |
| 4 Beds | $2,592 | $2,500 | $2,110 – $3,475 | $2 / $1 | 1,693 / 1,700 | 51 / 59 | 0 | 6 |
6-Month Sales Trend
Mar 2026
Median Price:$237,000Median DOM:70New:14Total:71
Apr 2026
Median Price:$236,000Median DOM:49New:16Total:81
May 2026
Median Price:$225,000Median DOM:36New:14Total:65
Jun 2026
Median Price:$229,000Median DOM:20New:32Total:59
Jul 2026
Median Price:$235,000Median DOM:14New:29Total:66
Aug 2026
Median Price:$235,000Median DOM:13New:20Total:63
6-Month Rental Trend
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:48New:2Total:9
Jun 2026
Median Rent:$2,100Median DOM:32New:3Total:13
Jul 2026
Median Rent:$2,100Median DOM:88New:1Total:13
Aug 2026
Median Rent:$2,110Median DOM:75New:0Total:12
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving 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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