ZIP 60504 Housing Market Report
Chicago Metro
Report period: May 2026
60504 Monthly Market Update – May 2026
ZIP 60504 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$400,000
+0.3%
Median DOM (Sales)
13
−7.1%
New Listings (Sales)
12
−80.3%
Median Rent
$2,200
+0.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
576
+7.5%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (8 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($599,900 median)
Sales Market Overview
Median Price
$400,000
+0.3%
Median DOM
13
−7.1%
New Listings
12
−80.3%
Inventory
149
−0.7%
- Average Price: $397,829
- Median Price: $400,000
- Price Range: $170,000 – $700,000
- Price per Sq Ft (Avg/Median): $219 / $220
- Square Footage (Avg/Median): 1,830 / 1,827
- Square Footage Range: 745 – 3,768
- Days on Market (Avg/Median): 25 / 13
- Days on Market Range: 2 – 165
- New Listings: 12
- Total Listings: 149
Sales by Property Type
Condo
Avg/Median Price$239,618 / $245,000Range$170,000 – $299,990Price per Sq Ft$206 / $205Sq Ft1,195 / 1,064DOM28 / 8New0Total16
Single Family
Avg/Median Price$440,509 / $424,900Range$245,000 – $700,000Price per Sq Ft$220 / $214Sq Ft2,026 / 2,002DOM21 / 11New8Total68
Townhouse
Avg/Median Price$392,123 / $409,000Range$192,500 – $625,000Price per Sq Ft$222 / $223Sq Ft1,783 / 1,806DOM27 / 16New4Total65
Sales by Bedroom Count
1 Beds
Avg:$174,900Median:$174,900Range:$174,900 – $174,900PSF:$235 / $235Sq Ft:745 / 745DOM:18 / 18New:0Total:1
2 Beds
Avg:$307,997Median:$275,000Range:$170,000 – $520,000PSF:$216 / $216Sq Ft:1,450 / 1,395DOM:21 / 11New:0Total:36
3 Beds
Avg:$391,187Median:$399,000Range:$192,500 – $625,000PSF:$220 / $223Sq Ft:1,781 / 1,781DOM:27 / 14New:8Total:79
4 Beds
Avg:$511,616Median:$499,900Range:$379,900 – $700,000PSF:$220 / $210Sq Ft:2,352 / 2,308DOM:21 / 12New:4Total:31
5 Beds
Avg:$624,900Median:$599,900Range:$599,900 – $649,900PSF:$222 / $213Sq Ft:2,822 / 2,600DOM:59 / 14New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $174,900 | $174,900 | $174,900 – $174,900 | $235 / $235 | 745 / 745 | 18 / 18 | 0 | 1 |
| 2 Beds | $307,997 | $275,000 | $170,000 – $520,000 | $216 / $216 | 1,450 / 1,395 | 21 / 11 | 0 | 36 |
| 3 Beds | $391,187 | $399,000 | $192,500 – $625,000 | $220 / $223 | 1,781 / 1,781 | 27 / 14 | 8 | 79 |
| 4 Beds | $511,616 | $499,900 | $379,900 – $700,000 | $220 / $210 | 2,352 / 2,308 | 21 / 12 | 4 | 31 |
| 5 Beds | $624,900 | $599,900 | $599,900 – $649,900 | $222 / $213 | 2,822 / 2,600 | 59 / 14 | 0 | 2 |
Rental Market Overview
Median Rent
$2,200
+0.1%
Median DOM
1
0.0%
New Listings
325
Inventory
576
+7.5%
- Average Rent: $2,306
- Median Rent: $2,200
- Rent Range: $1,300 – $7,085
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,049 / 1,000
- Square Footage Range: 503 – 2,601
- Days on Market (Avg/Median): 10 / 1
- Days on Market Range: 1 – 317
- New Listings: 325
- Total Listings: 576
Rentals by Property Type
Apartment
$2,154
Median DOM: 1
Inventory: 472
MoM: +0.1%
Condo
$2,050
Median DOM: 34
Inventory: 11
MoM: +0.1%
Single Family
$2,689
Median DOM: 21
Inventory: 49
MoM: +0.1%
Townhouse
$2,700
Median DOM: 19
Inventory: 38
MoM: +0.1%
Apartment
Avg/Median Rent$2,241 / $2,154Range$1,549 – $3,756Rent per Sq Ft$2 / $2Sq Ft945 / 918DOM4 / 1New312Total472
Condo
Avg/Median Rent$2,105 / $2,050Range$1,850 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,093 / 1,000DOM50 / 34New0Total11
Multi-Family
Avg/Median Rent$2,450 / $2,300Range$2,050 – $3,100Rent per Sq Ft$2 / $2Sq Ft1,445 / 1,194DOM36 / 25New0Total6
Single Family
Avg/Median Rent$2,712 / $2,689Range$1,300 – $7,085Rent per Sq Ft$2 / $2Sq Ft1,530 / 1,538DOM33 / 21New7Total49
Townhouse
Avg/Median Rent$2,629 / $2,700Range$1,679 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,659 / 1,776DOM35 / 19New6Total38
Rentals by Bedroom Count
Studio
Avg:$2,053Median:$1,939Range:$1,740 – $2,320PSF:$3 / $3Sq Ft:667 / 663DOM:1 / 1New:18Total:26
1 Beds
Avg:$1,976Median:$1,970Range:$1,300 – $2,480PSF:$3 / $3Sq Ft:773 / 777DOM:8 / 1New:129Total:193
2 Beds
Avg:$2,395Median:$2,339Range:$1,757 – $3,756PSF:$2 / $2Sq Ft:1,092 / 1,080DOM:5 / 1New:164Total:271
3 Beds
Avg:$2,833Median:$2,750Range:$2,050 – $7,085PSF:$2 / $2Sq Ft:1,622 / 1,588DOM:31 / 19New:14Total:78
4 Beds
Avg:$2,962Median:$2,895Range:$2,630 – $3,700PSF:$2 / $1Sq Ft:1,967 / 1,896DOM:57 / 53New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,053 | $1,939 | $1,740 – $2,320 | $3 / $3 | 667 / 663 | 1 / 1 | 18 | 26 |
| 1 Beds | $1,976 | $1,970 | $1,300 – $2,480 | $3 / $3 | 773 / 777 | 8 / 1 | 129 | 193 |
| 2 Beds | $2,395 | $2,339 | $1,757 – $3,756 | $2 / $2 | 1,092 / 1,080 | 5 / 1 | 164 | 271 |
| 3 Beds | $2,833 | $2,750 | $2,050 – $7,085 | $2 / $2 | 1,622 / 1,588 | 31 / 19 | 14 | 78 |
| 4 Beds | $2,962 | $2,895 | $2,630 – $3,700 | $2 / $1 | 1,967 / 1,896 | 57 / 53 | 0 | 8 |
6-Month Sales Trend
Dec 2025
Median Price:$358,900Median DOM:49New:15Total:138
Jan 2026
Median Price:$359,900Median DOM:43New:36Total:130
Feb 2026
Median Price:$375,000Median DOM:24New:32Total:102
Mar 2026
Median Price:$409,000Median DOM:18New:63Total:127
Apr 2026
Median Price:$399,000Median DOM:14New:61Total:150
May 2026
Median Price:$400,000Median DOM:13New:12Total:149
6-Month Rental Trend
Dec 2025
Median Rent:$2,100Median DOM:1New:184Total:328
Jan 2026
Median Rent:$2,150Median DOM:1New:333Total:430
Feb 2026
Median Rent:$2,125Median DOM:1New:349Total:477
Mar 2026
Median Rent:$2,221Median DOM:1New:362Total:513
Apr 2026
Median Rent:$2,197Median DOM:1New:371Total:536
May 2026
Median Rent:$2,200Median DOM:1New:325Total:576
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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