ZIP 60480 Housing Market Report

Chicago Metro

Report period: August 2026

60480 Monthly Market Update – August 2026

ZIP 60480 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$475,000
−3.0%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
6
0.0%
Median Rent
$1,800
0.0%
Median DOM (Rental)
47
−11.3%
Total Rental Listings
6
+20.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Apartment (3 DOM)
  • Strongest bedroom: 4 Beds ($650,000 median)

Sales Market Overview

Median Price
$475,000
−3.0%
Median DOM
1
0.0%
New Listings
6
0.0%
Inventory
19
+11.8%
  • Average Price: $501,121
  • Median Price: $475,000
  • Price Range: $120,000 – $1,199,900
  • Price per Sq Ft (Avg/Median): $269 / $273
  • Square Footage (Avg/Median): 1,914 / 1,679
  • Square Footage Range: 790 – 3,493
  • Days on Market (Avg/Median): 32 / 1
  • Days on Market Range: 1 – 177
  • New Listings: 6
  • Total Listings: 19

Sales by Property Type

Condo
Avg/Median Price$149,900 / $149,900Range$149,900 – $149,900Price per Sq Ft$190 / $190Sq Ft790 / 790DOM1 / 1New1Total1
Land
Avg/Median Price$120,000 / $120,000Range$120,000 – $120,000Price per Sq FtSq FtDOMNew0Total1
Single Family
Avg/Median Price$640,300 / $650,000Range$300,000 – $1,199,900Price per Sq Ft$278 / $295Sq Ft2,286 / 2,400DOM10 / 1New3Total9
Townhouse
Avg/Median Price$436,088 / $460,000Range$229,000 – $500,000Price per Sq Ft$269 / $273Sq Ft1,635 / 1,590DOM61 / 1New2Total8

Sales by Bedroom Count

2 Beds
Avg:$392,686Median:$460,000Range:$149,900 – $500,000PSF:$262 / $273Sq Ft:1,454 / 1,590DOM:70 / 1New:2Total:7
3 Beds
Avg:$517,560Median:$489,900Range:$300,000 – $899,000PSF:$294 / $297Sq Ft:1,750 / 1,541DOM:8 / 1New:2Total:5
4 Beds
Avg:$727,425Median:$650,000Range:$399,900 – $1,199,900PSF:$279 / $264Sq Ft:2,538 / 2,150DOM:11 / 1New:1Total:4
5 Beds
Avg:$577,500Median:$405,000Range:$405,000 – $750,000PSF:$211 / $169Sq Ft:2,682 / 2,400DOM:2 / 1New:1Total:2

Rental Market Overview

Median Rent
$1,800
0.0%
Median DOM
47
−11.3%
New Listings
1
Inventory
6
+20.0%
  • Average Rent: $2,242
  • Median Rent: $1,800
  • Rent Range: $1,175 – $4,975
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,041 / 804
  • Square Footage Range: 700 – 2,000
  • Days on Market (Avg/Median): 43 / 47
  • Days on Market Range: 3 – 68
  • New Listings: 1
  • Total Listings: 6

Rentals by Property Type

Apartment
$1,275
Median DOM: 3
Inventory: 4
MoM: 0.0%
Condo
Median DOM:
Inventory:
MoM: 0.0%
Single Family
$1,800
Median DOM: 47
Inventory: 2
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,670 / $1,275Range$1,175 – $2,129Rent per Sq Ft$2 / $2Sq Ft818 / 804DOM28 / 3New1Total4
Single Family
Avg/Median Rent$3,388 / $1,800Range$1,800 – $4,975Rent per Sq Ft$2 / $2Sq Ft1,375 / 750DOM58 / 47New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,175Median:$1,175Range:$1,175 – $1,175PSF:Sq Ft:DOM:New:0Total:1
1 Beds
Avg:$1,702Median:$1,275Range:$1,275 – $2,129PSF:$2 / $2Sq Ft:752 / 700DOM:53 / 53New:0Total:2
2 Beds
Avg:$1,800Median:$1,800Range:$1,800 – $1,800PSF:$2 / $2Sq Ft:750 / 750DOM:47 / 47New:0Total:1
3 Beds
Avg:$3,538Median:$2,100Range:$2,100 – $4,975PSF:$2 / $2Sq Ft:1,475 / 950DOM:36 / 3New:1Total:2

6-Month Sales Trend

Mar 2026
Median Price:$440,000Median DOM:28New:5Total:20
Apr 2026
Median Price:$420,000Median DOM:22New:9Total:23
May 2026
Median Price:$420,000Median DOM:27New:5Total:22
Jun 2026
Median Price:$429,000Median DOM:15New:8Total:22
Jul 2026
Median Price:$489,900Median DOM:1New:6Total:17
Aug 2026
Median Price:$475,000Median DOM:1New:6Total:19

6-Month Rental Trend

Mar 2026
Median Rent:$2,600Median DOM:47New:2Total:11
Apr 2026
Median Rent:$2,600Median DOM:24New:4Total:11
May 2026
Median Rent:$2,250Median DOM:25New:1Total:12
Jun 2026
Median Rent:$1,800Median DOM:25New:1Total:9
Jul 2026
Median Rent:$1,800Median DOM:53New:0Total:5
Aug 2026
Median Rent:$1,800Median DOM:47New:1Total:6

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing remained stable, 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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