ZIP 60477 Housing Market Report

Chicago Metro

Report period: May 2026

60477 Monthly Market Update – May 2026

ZIP 60477 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$338,990
+1.2%
Median DOM (Sales)
13
−35.0%
New Listings (Sales)
40
−37.5%
Median Rent
$2,200
+4.8%
Median DOM (Rental)
39
+18.2%
Total Rental Listings
23
−28.1%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (11 DOM)
  • Fastest renting: Townhouse (14 DOM)
  • Strongest bedroom: 4 Beds ($519,000 median)

Sales Market Overview

Median Price
$338,990
+1.2%
Median DOM
13
−35.0%
New Listings
40
−37.5%
Inventory
207
+4.0%
  • Average Price: $343,936
  • Median Price: $338,990
  • Price Range: $44,000 – $699,000
  • Price per Sq Ft (Avg/Median): $207 / $200
  • Square Footage (Avg/Median): 1,739 / 1,652
  • Square Footage Range: 888 – 5,117
  • Days on Market (Avg/Median): 32 / 13
  • Days on Market Range: 2 – 281
  • New Listings: 40
  • Total Listings: 207

Sales by Property Type

Condo
Avg/Median Price$227,980 / $228,000Range$139,808 – $330,000Price per Sq Ft$183 / $183Sq Ft1,264 / 1,200DOM34 / 13New7Total61
Land
Avg/Median Price$208,829 / $149,000Range$44,000 – $599,000Price per Sq FtSq FtDOM123 / 77New0Total7
Single Family
Avg/Median Price$436,924 / $424,900Range$250,000 – $699,000Price per Sq Ft$228 / $225Sq Ft2,073 / 1,960DOM27 / 11New24Total89
Townhouse
Avg/Median Price$338,799 / $349,900Range$257,500 – $399,900Price per Sq Ft$199 / $200Sq Ft1,721 / 1,756DOM33 / 15New9Total50

Sales by Bedroom Count

2 Beds
Avg:$243,002Median:$239,900Range:$149,997 – $349,900PSF:$188 / $188Sq Ft:1,302 / 1,200DOM:38 / 13New:8Total:71
3 Beds
Avg:$365,696Median:$360,000Range:$139,808 – $689,000PSF:$219 / $213Sq Ft:1,717 / 1,756DOM:24 / 10New:23Total:87
4 Beds
Avg:$491,680Median:$519,000Range:$280,000 – $699,000PSF:$216 / $205Sq Ft:2,392 / 2,545DOM:33 / 32New:8Total:39
5 Beds
Avg:$496,267Median:$479,900Range:$429,900 – $579,000PSF:$144 / $160Sq Ft:3,688 / 3,267DOM:7 / 6New:1Total:3

Rental Market Overview

Median Rent
$2,200
+4.8%
Median DOM
39
+18.2%
New Listings
0
Inventory
23
−28.1%
  • Average Rent: $2,516
  • Median Rent: $2,200
  • Rent Range: $1,285 – $8,898
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,207 / 1,000
  • Square Footage Range: 815 – 2,197
  • Days on Market (Avg/Median): 59 / 39
  • Days on Market Range: 4 – 243
  • New Listings: 0
  • Total Listings: 23

Rentals by Property Type

Apartment
$1,650
Median DOM: 43
Inventory: 8
MoM: +4.8%
Condo
$2,000
Median DOM: 28
Inventory: 6
MoM: +4.8%
Single Family
$2,450
Median DOM: 39
Inventory: 5
MoM: +4.8%
Townhouse
$3,100
Median DOM: 14
Inventory: 4
MoM: +4.8%
Apartment
Avg/Median Rent$2,501 / $1,650Range$1,285 – $8,898Rent per Sq Ft$2 / $2Sq Ft917 / 950DOM84 / 43New0Total8
Condo
Avg/Median Rent$2,008 / $2,000Range$1,650 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,040 / 900DOM67 / 28New0Total6
Single Family
Avg/Median Rent$2,620 / $2,450Range$2,100 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,459 / 1,500DOM45 / 39New0Total5
Townhouse
Avg/Median Rent$3,175 / $3,100Range$2,600 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,799 / 1,700DOM22 / 14New0Total4

Rentals by Bedroom Count

1 Beds
Avg:$1,530Median:$1,285Range:$1,285 – $1,775PSF:$2 / $2Sq Ft:886 / 815DOM:85 / 85New:0Total:2
2 Beds
Avg:$1,918Median:$1,700Range:$1,350 – $2,450PSF:$2 / $2Sq Ft:1,030 / 950DOM:62 / 39New:0Total:14
3 Beds
Avg:$3,175Median:$3,100Range:$2,600 – $3,500PSF:$2 / $2Sq Ft:1,833 / 1,744DOM:18 / 14New:0Total:6
4 Beds
Avg:$8,898Median:$8,898Range:$8,898 – $8,898PSF:Sq Ft:DOM:243 / 243New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$328,500Median DOM:44New:42Total:222
Jan 2026
Median Price:$319,900Median DOM:35New:53Total:196
Feb 2026
Median Price:$335,000Median DOM:23New:66Total:173
Mar 2026
Median Price:$335,000Median DOM:17New:70Total:179
Apr 2026
Median Price:$335,000Median DOM:20New:64Total:199
May 2026
Median Price:$338,990Median DOM:13New:40Total:207

6-Month Rental Trend

Dec 2025
Median Rent:$1,800Median DOM:31New:8Total:31
Jan 2026
Median Rent:$2,000Median DOM:45New:5Total:31
Feb 2026
Median Rent:$2,100Median DOM:50New:9Total:29
Mar 2026
Median Rent:$2,100Median DOM:44New:4Total:30
Apr 2026
Median Rent:$2,100Median DOM:33New:8Total:32
May 2026
Median Rent:$2,200Median DOM:39New:0Total:23

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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.

← Back to Chicago Metro