ZIP 60502 Housing Market Report
Chicago Metro
Report period: May 2026
60502 Monthly Market Update – May 2026
ZIP 60502 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$499,996
+3.1%
Median DOM (Sales)
10
0.0%
New Listings (Sales)
15
−59.5%
Median Rent
$2,200
−0.8%
Median DOM (Rental)
1
0.0%
Total Rental Listings
150
−2.0%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($999,700 median)
Sales Market Overview
Median Price
$499,996
+3.1%
Median DOM
10
0.0%
New Listings
15
−59.5%
Inventory
82
+10.8%
- Average Price: $533,028
- Median Price: $499,996
- Price Range: $225,000 – $999,700
- Price per Sq Ft (Avg/Median): $237 / $236
- Square Footage (Avg/Median): 2,293 / 2,097
- Square Footage Range: 784 – 4,200
- Days on Market (Avg/Median): 22 / 10
- Days on Market Range: 2 – 223
- New Listings: 15
- Total Listings: 82
Sales by Property Type
Condo
Avg/Median Price$348,480 / $349,900Range$299,000 – $375,000Price per Sq Ft$229 / $236Sq Ft1,540 / 1,576DOM24 / 10New0Total5
Land
Avg/Median Price$650,000 / $350,000Range$350,000 – $950,000Price per Sq Ft—Sq Ft—DOM117 / 11New1Total2
Single Family
Avg/Median Price$613,924 / $579,900Range$299,900 – $999,700Price per Sq Ft$237 / $230Sq Ft2,650 / 2,490DOM21 / 12New9Total46
Townhouse
Avg/Median Price$428,462 / $419,990Range$225,000 – $624,900Price per Sq Ft$238 / $248Sq Ft1,826 / 1,901DOM18 / 6New5Total29
Sales by Bedroom Count
2 Beds
Avg:$354,237Median:$340,000Range:$225,000 – $481,758PSF:$251 / $255Sq Ft:1,429 / 1,517DOM:18 / 13New:0Total:15
3 Beds
Avg:$488,128Median:$492,000Range:$343,500 – $739,000PSF:$236 / $238Sq Ft:2,085 / 2,077DOM:19 / 7New:11Total:37
4 Beds
Avg:$658,457Median:$659,900Range:$415,000 – $890,000PSF:$234 / $229Sq Ft:2,845 / 2,531DOM:23 / 10New:2Total:23
5 Beds
Avg:$722,450Median:$724,900Range:$559,900 – $830,000PSF:$213 / $214Sq Ft:3,452 / 3,626DOM:21 / 18New:1Total:4
6 Beds
Avg:$999,700Median:$999,700Range:$999,700 – $999,700PSF:$254 / $254Sq Ft:3,930 / 3,930DOM:6 / 6New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $354,237 | $340,000 | $225,000 – $481,758 | $251 / $255 | 1,429 / 1,517 | 18 / 13 | 0 | 15 |
| 3 Beds | $488,128 | $492,000 | $343,500 – $739,000 | $236 / $238 | 2,085 / 2,077 | 19 / 7 | 11 | 37 |
| 4 Beds | $658,457 | $659,900 | $415,000 – $890,000 | $234 / $229 | 2,845 / 2,531 | 23 / 10 | 2 | 23 |
| 5 Beds | $722,450 | $724,900 | $559,900 – $830,000 | $213 / $214 | 3,452 / 3,626 | 21 / 18 | 1 | 4 |
| 6 Beds | $999,700 | $999,700 | $999,700 – $999,700 | $254 / $254 | 3,930 / 3,930 | 6 / 6 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
−0.8%
Median DOM
1
0.0%
New Listings
58
Inventory
150
−2.0%
- Average Rent: $2,319
- Median Rent: $2,200
- Rent Range: $1,594 – $4,375
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,229 / 1,130
- Square Footage Range: 685 – 3,537
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 317
- New Listings: 58
- Total Listings: 150
Rentals by Property Type
Apartment
$1,972
Median DOM: 1
Inventory: 92
MoM: −0.8%
Condo
$2,300
Median DOM: 20
Inventory: 7
MoM: −0.8%
Single Family
$3,200
Median DOM: 21
Inventory: 18
MoM: −0.8%
Townhouse
$2,600
Median DOM: 23
Inventory: 33
MoM: −0.8%
Apartment
Avg/Median Rent$2,036 / $1,972Range$1,594 – $2,962Rent per Sq Ft$2 / $2Sq Ft951 / 957DOM9 / 1New48Total92
Condo
Avg/Median Rent$2,329 / $2,300Range$1,850 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,291 / 1,400DOM25 / 20New2Total7
Single Family
Avg/Median Rent$3,203 / $3,200Range$2,195 – $4,375Rent per Sq Ft$2 / $2Sq Ft1,932 / 1,765DOM29 / 21New5Total18
Townhouse
Avg/Median Rent$2,624 / $2,600Range$1,800 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,608 / 1,607DOM29 / 23New3Total33
Rentals by Bedroom Count
1 Beds
Avg:$1,785Median:$1,784Range:$1,594 – $2,039PSF:$2 / $2Sq Ft:747 / 736DOM:14 / 1New:23Total:45
2 Beds
Avg:$2,258Median:$2,200Range:$1,800 – $4,250PSF:$2 / $2Sq Ft:1,175 / 1,130DOM:10 / 1New:27Total:59
3 Beds
Avg:$2,768Median:$2,700Range:$2,350 – $3,400PSF:$2 / $2Sq Ft:1,639 / 1,588DOM:26 / 21New:6Total:38
4 Beds
Avg:$3,641Median:$3,395Range:$3,100 – $4,375PSF:$2 / $2Sq Ft:2,398 / 2,212DOM:28 / 17New:2Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,785 | $1,784 | $1,594 – $2,039 | $2 / $2 | 747 / 736 | 14 / 1 | 23 | 45 |
| 2 Beds | $2,258 | $2,200 | $1,800 – $4,250 | $2 / $2 | 1,175 / 1,130 | 10 / 1 | 27 | 59 |
| 3 Beds | $2,768 | $2,700 | $2,350 – $3,400 | $2 / $2 | 1,639 / 1,588 | 26 / 21 | 6 | 38 |
| 4 Beds | $3,641 | $3,395 | $3,100 – $4,375 | $2 / $2 | 2,398 / 2,212 | 28 / 17 | 2 | 8 |
6-Month Sales Trend
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:$475,000Median DOM:11New:27Total:59
Apr 2026
Median Price:$485,000Median DOM:10New:37Total:74
May 2026
Median Price:$499,996Median DOM:10New:15Total:82
6-Month Rental Trend
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:$2,287Median DOM:1New:89Total:151
Apr 2026
Median Rent:$2,218Median DOM:1New:97Total:153
May 2026
Median Rent:$2,200Median DOM:1New:58Total:150
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady buyer activity. Rental pricing eased, 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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