ZIP 60502 Housing Market Report
Chicago Metro
Report period: March 2026
60502 Monthly Market Update – March 2026
ZIP 60502 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$449,900
+0.2%
Median DOM (Sales)
13
+18.2%
New Listings (Sales)
9
−50.0%
Median Rent
$2,285
+2.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
149
+0.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($775,000 median)
Sales Market Overview
Median Price
$449,900
+0.2%
Median DOM
13
+18.2%
New Listings
9
−50.0%
Inventory
56
+5.7%
- Average Price: $479,731
- Median Price: $449,900
- Price Range: $255,000 – $950,000
- Price per Sq Ft (Avg/Median): $238 / $239
- Square Footage (Avg/Median): 1,995 / 1,892
- Square Footage Range: 1,028 – 3,627
- Days on Market (Avg/Median): 30 / 13
- Days on Market Range: 2 – 161
- New Listings: 9
- Total Listings: 56
Sales by Property Type
Condo
Avg/Median Price$329,500 / $329,900Range$289,900 – $365,000Price per Sq Ft$231 / $232Sq Ft1,437 / 1,484DOM42 / 9New1Total7
Land
Avg/Median Price$950,000 / $950,000Range$950,000 – $950,000Price per Sq Ft—Sq Ft—DOM161 / 161New0Total1
Single Family
Avg/Median Price$557,992 / $549,500Range$285,000 – $849,000Price per Sq Ft$244 / $253Sq Ft2,324 / 2,165DOM34 / 16New1Total25
Townhouse
Avg/Median Price$419,940 / $419,900Range$255,000 – $624,900Price per Sq Ft$234 / $238Sq Ft1,808 / 1,821DOM17 / 8New7Total23
Sales by Bedroom Count
2 Beds
Avg:$360,047Median:$320,000Range:$255,000 – $510,000PSF:$244 / $248Sq Ft:1,469 / 1,404DOM:18 / 8New:3Total:13
3 Beds
Avg:$448,777Median:$419,900Range:$319,900 – $780,000PSF:$233 / $237Sq Ft:1,945 / 1,821DOM:26 / 13New:6Total:30
4 Beds
Avg:$619,610Median:$599,000Range:$449,900 – $849,000PSF:$246 / $234Sq Ft:2,552 / 2,467DOM:51 / 42New:0Total:10
5 Beds
Avg:$787,450Median:$775,000Range:$775,000 – $799,900PSF:$233 / $214Sq Ft:3,394 / 3,160DOM:11 / 7New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $360,047 | $320,000 | $255,000 – $510,000 | $244 / $248 | 1,469 / 1,404 | 18 / 8 | 3 | 13 |
| 3 Beds | $448,777 | $419,900 | $319,900 – $780,000 | $233 / $237 | 1,945 / 1,821 | 26 / 13 | 6 | 30 |
| 4 Beds | $619,610 | $599,000 | $449,900 – $849,000 | $246 / $234 | 2,552 / 2,467 | 51 / 42 | 0 | 10 |
| 5 Beds | $787,450 | $775,000 | $775,000 – $799,900 | $233 / $214 | 3,394 / 3,160 | 11 / 7 | 0 | 2 |
Rental Market Overview
Median Rent
$2,285
+2.0%
Median DOM
1
0.0%
New Listings
73
Inventory
149
+0.7%
- Average Rent: $2,346
- Median Rent: $2,285
- Rent Range: $1,594 – $4,250
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,289 / 1,172
- Square Footage Range: 685 – 3,537
- Days on Market (Avg/Median): 20 / 1
- Days on Market Range: 1 – 255
- New Listings: 73
- Total Listings: 149
Rentals by Property Type
Apartment
$2,070
Median DOM: 1
Inventory: 86
MoM: +2.0%
Condo
$2,100
Median DOM: 29
Inventory: 3
MoM: +2.0%
Single Family
$3,200
Median DOM: 9
Inventory: 23
MoM: +2.0%
Townhouse
$2,500
Median DOM: 33
Inventory: 37
MoM: +2.0%
Apartment
Avg/Median Rent$2,074 / $2,070Range$1,594 – $3,289Rent per Sq Ft$2 / $2Sq Ft983 / 970DOM6 / 1New59Total86
Condo
Avg/Median Rent$2,167 / $2,100Range$2,100 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,272 / 1,223DOM81 / 29New0Total3
Single Family
Avg/Median Rent$3,132 / $3,200Range$1,999 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,947 / 1,986DOM29 / 9New8Total23
Townhouse
Avg/Median Rent$2,503 / $2,500Range$1,900 – $3,095Rent per Sq Ft$2 / $2Sq Ft1,603 / 1,607DOM40 / 33New6Total37
Rentals by Bedroom Count
1 Beds
Avg:$1,751Median:$1,751Range:$1,594 – $1,915PSF:$2 / $2Sq Ft:759 / 777DOM:12 / 1New:20Total:35
2 Beds
Avg:$2,282Median:$2,238Range:$1,868 – $4,250PSF:$2 / $2Sq Ft:1,200 / 1,130DOM:14 / 1New:39Total:69
3 Beds
Avg:$2,739Median:$2,700Range:$2,350 – $3,500PSF:$2 / $2Sq Ft:1,684 / 1,620DOM:33 / 24New:10Total:33
4 Beds
Avg:$3,292Median:$3,210Range:$2,895 – $4,000PSF:$2 / $2Sq Ft:2,224 / 2,052DOM:31 / 9New:4Total:11
5 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$1 / $1Sq Ft:3,068 / 3,068DOM:52 / 52New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,751 | $1,751 | $1,594 – $1,915 | $2 / $2 | 759 / 777 | 12 / 1 | 20 | 35 |
| 2 Beds | $2,282 | $2,238 | $1,868 – $4,250 | $2 / $2 | 1,200 / 1,130 | 14 / 1 | 39 | 69 |
| 3 Beds | $2,739 | $2,700 | $2,350 – $3,500 | $2 / $2 | 1,684 / 1,620 | 33 / 24 | 10 | 33 |
| 4 Beds | $3,292 | $3,210 | $2,895 – $4,000 | $2 / $2 | 2,224 / 2,052 | 31 / 9 | 4 | 11 |
| 5 Beds | $4,200 | $4,200 | $4,200 – $4,200 | $1 / $1 | 3,068 / 3,068 | 52 / 52 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$449,000Median DOM:43New:26Total:92
Nov 2025
Median Price:$455,000Median DOM:43New:15Total:83
Dec 2025
Median Price:$455,000Median DOM:43New:10Total:69
Jan 2026
Median Price:$450,000Median DOM:34New:20Total:63
Feb 2026
Median Price:$448,990Median DOM:11New:18Total:53
Mar 2026
Median Price:$449,900Median DOM:13New:9Total:56
6-Month Rental Trend
Oct 2025
Median Rent:$2,231Median DOM:1New:90Total:149
Nov 2025
Median Rent:$2,199Median DOM:1New:92Total:144
Dec 2025
Median Rent:$2,226Median DOM:1New:94Total:148
Jan 2026
Median Rent:$2,250Median DOM:1New:96Total:154
Feb 2026
Median Rent:$2,240Median DOM:1New:84Total:148
Mar 2026
Median Rent:$2,285Median DOM:1New:73Total:149
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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