ZIP 60502 Housing Market Report

Chicago Metro

Report period: June 2026

60502 Monthly Market Update – June 2026

ZIP 60502 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$480,000
−0.4%
Median DOM (Sales)
7
−12.5%
New Listings (Sales)
32
−13.5%
Median Rent
$2,215
+0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
158
+0.6%

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: Townhouse (5 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($775,000 median)

Sales Market Overview

Median Price
$480,000
−0.4%
Median DOM
7
−12.5%
New Listings
32
−13.5%
Inventory
91
+5.8%
  • Average Price: $536,300
  • Median Price: $480,000
  • Price Range: $209,000 – $1,400,000
  • Price per Sq Ft (Avg/Median): $234 / $230
  • Square Footage (Avg/Median): 2,330 / 2,097
  • Square Footage Range: 784 – 4,866
  • Days on Market (Avg/Median): 21 / 7
  • Days on Market Range: 1 – 254
  • New Listings: 32
  • Total Listings: 91

Sales by Property Type

Condo
Avg/Median Price$318,700 / $319,900Range$240,000 – $375,000Price per Sq Ft$198 / $193Sq Ft1,600 / 1,656DOM35 / 20New1Total4
Land
Avg/Median Price$650,000 / $350,000Range$350,000 – $950,000Price per Sq FtSq FtDOM148 / 42New0Total2
Single Family
Avg/Median Price$647,928 / $599,000Range$299,900 – $1,400,000Price per Sq Ft$236 / $232Sq Ft2,817 / 2,762DOM20 / 8New18Total49
Townhouse
Avg/Median Price$402,223 / $387,000Range$209,000 – $624,900Price per Sq Ft$235 / $232Sq Ft1,728 / 1,700DOM13 / 5New13Total36

Sales by Bedroom Count

2 Beds
Avg:$365,271Median:$359,900Range:$209,000 – $599,900PSF:$257 / $255Sq Ft:1,438 / 1,534DOM:19 / 7New:3Total:17
3 Beds
Avg:$453,971Median:$445,000Range:$240,000 – $725,000PSF:$227 / $228Sq Ft:2,007 / 1,901DOM:15 / 6New:17Total:40
4 Beds
Avg:$694,815Median:$695,000Range:$449,900 – $1,400,000PSF:$230 / $228Sq Ft:3,021 / 2,987DOM:22 / 7New:10Total:26
5 Beds
Avg:$844,950Median:$775,000Range:$559,900 – $1,185,000PSF:$231 / $229Sq Ft:3,669 / 3,789DOM:14 / 5New:2Total:6

Rental Market Overview

Median Rent
$2,215
+0.7%
Median DOM
1
0.0%
New Listings
64
Inventory
158
+0.6%
  • Average Rent: $2,313
  • Median Rent: $2,215
  • Rent Range: $1,634 – $4,375
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,204 / 1,130
  • Square Footage Range: 685 – 2,762
  • Days on Market (Avg/Median): 14 / 1
  • Days on Market Range: 1 – 348
  • New Listings: 64
  • Total Listings: 158

Rentals by Property Type

Apartment
$1,972
Median DOM: 1
Inventory: 96
MoM: +0.7%
Condo
$2,250
Median DOM: 17
Inventory: 8
MoM: +0.7%
Single Family
$3,100
Median DOM: 10
Inventory: 16
MoM: +0.7%
Townhouse
$2,600
Median DOM: 15
Inventory: 38
MoM: +0.7%
Apartment
Avg/Median Rent$2,063 / $1,972Range$1,634 – $2,902Rent per Sq Ft$2 / $2Sq Ft954 / 867DOM10 / 1New48Total96
Condo
Avg/Median Rent$2,356 / $2,250Range$1,850 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,296 / 1,400DOM26 / 17New0Total8
Single Family
Avg/Median Rent$3,151 / $3,100Range$2,195 – $4,375Rent per Sq Ft$2 / $2Sq Ft1,824 / 1,700DOM15 / 10New6Total16
Townhouse
Avg/Median Rent$2,580 / $2,600Range$1,800 – $3,200Rent per Sq Ft$2 / $2Sq Ft1,554 / 1,576DOM23 / 15New10Total38

Rentals by Bedroom Count

1 Beds
Avg:$1,809Median:$1,814Range:$1,634 – $2,069PSF:$2 / $2Sq Ft:748 / 736DOM:15 / 1New:27Total:48
2 Beds
Avg:$2,290Median:$2,227Range:$1,800 – $4,250PSF:$2 / $2Sq Ft:1,204 / 1,130DOM:11 / 1New:27Total:66
3 Beds
Avg:$2,756Median:$2,700Range:$2,400 – $3,200PSF:$2 / $2Sq Ft:1,602 / 1,576DOM:20 / 14New:8Total:38
4 Beds
Avg:$3,745Median:$3,500Range:$3,300 – $4,375PSF:$2 / $2Sq Ft:2,240 / 2,168DOM:13 / 9New:1Total:5
5 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$1 / $1Sq Ft:2,762 / 2,762DOM:1 / 1New:1Total:1

6-Month Sales Trend

Jan 2026
Median Price:$450,000Median DOM:34New:20Total:63
Feb 2026
Median Price:$448,990Median DOM:11New:18Total:53
Mar 2026
Median Price:$475,000Median DOM:11New:27Total:59
Apr 2026
Median Price:$485,000Median DOM:10New:37Total:74
May 2026
Median Price:$481,758Median DOM:8New:37Total:86
Jun 2026
Median Price:$480,000Median DOM:7New:32Total:91

6-Month Rental Trend

Jan 2026
Median Rent:$2,250Median DOM:1New:96Total:154
Feb 2026
Median Rent:$2,240Median DOM:1New:84Total:148
Mar 2026
Median Rent:$2,287Median DOM:1New:89Total:151
Apr 2026
Median Rent:$2,218Median DOM:1New:97Total:153
May 2026
Median Rent:$2,200Median DOM:1New:86Total:157
Jun 2026
Median Rent:$2,215Median DOM:1New:64Total:158

Key Market Takeaways

Median sale prices softened this month while inventory expanded. 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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