ZIP 60504 Housing Market Report
Chicago Metro
Report period: August 2026
60504 Monthly Market Update – August 2026
ZIP 60504 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$375,000
0.0%
Median DOM (Sales)
6
−14.3%
New Listings (Sales)
54
−28.0%
Median Rent
$2,213
+0.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
654
−4.2%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (5 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($614,900 median)
Sales Market Overview
Median Price
$375,000
0.0%
Median DOM
6
−14.3%
New Listings
54
−28.0%
Inventory
157
−2.5%
- Average Price: $376,921
- Median Price: $375,000
- Price Range: $165,000 – $765,000
- Price per Sq Ft (Avg/Median): $219 / $217
- Square Footage (Avg/Median): 1,739 / 1,667
- Square Footage Range: 828 – 3,272
- Days on Market (Avg/Median): 24 / 6
- Days on Market Range: 1 – 267
- New Listings: 54
- Total Listings: 157
Sales by Property Type
Condo
Avg/Median Price$251,148 / $245,000Range$165,000 – $334,900Price per Sq Ft$198 / $198Sq Ft1,281 / 1,250DOM35 / 9New9Total33
Single Family
Avg/Median Price$432,180 / $415,000Range$233,000 – $765,000Price per Sq Ft$225 / $218Sq Ft1,972 / 1,944DOM19 / 7New25Total72
Townhouse
Avg/Median Price$380,227 / $375,000Range$233,000 – $624,900Price per Sq Ft$224 / $220Sq Ft1,711 / 1,623DOM23 / 5New20Total52
Sales by Bedroom Count
2 Beds
Avg:$288,782Median:$270,000Range:$165,000 – $515,000PSF:$222 / $216Sq Ft:1,318 / 1,288DOM:21 / 3New:14Total:39
3 Beds
Avg:$377,867Median:$379,000Range:$240,000 – $624,900PSF:$218 / $218Sq Ft:1,759 / 1,689DOM:24 / 7New:29Total:90
4 Beds
Avg:$492,268Median:$491,900Range:$274,999 – $765,000PSF:$217 / $216Sq Ft:2,271 / 2,150DOM:27 / 6New:10Total:27
5 Beds
Avg:$614,900Median:$614,900Range:$614,900 – $614,900PSF:$237 / $237Sq Ft:2,592 / 2,592DOM:7 / 7New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $288,782 | $270,000 | $165,000 – $515,000 | $222 / $216 | 1,318 / 1,288 | 21 / 3 | 14 | 39 |
| 3 Beds | $377,867 | $379,000 | $240,000 – $624,900 | $218 / $218 | 1,759 / 1,689 | 24 / 7 | 29 | 90 |
| 4 Beds | $492,268 | $491,900 | $274,999 – $765,000 | $217 / $216 | 2,271 / 2,150 | 27 / 6 | 10 | 27 |
| 5 Beds | $614,900 | $614,900 | $614,900 – $614,900 | $237 / $237 | 2,592 / 2,592 | 7 / 7 | 1 | 1 |
Rental Market Overview
Median Rent
$2,213
+0.6%
Median DOM
1
0.0%
New Listings
352
Inventory
654
−4.2%
- Average Rent: $2,305
- Median Rent: $2,213
- Rent Range: $1,300 – $4,295
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,054 / 918
- Square Footage Range: 503 – 3,662
- Days on Market (Avg/Median): 11 / 1
- Days on Market Range: 1 – 328
- New Listings: 352
- Total Listings: 654
Rentals by Property Type
Apartment
$2,166
Median DOM: 1
Inventory: 486
MoM: +0.6%
Condo
$1,850
Median DOM: 1
Inventory: 22
MoM: +0.6%
Single Family
$2,549
Median DOM: 1
Inventory: 81
MoM: +0.6%
Townhouse
$2,650
Median DOM: 19
Inventory: 61
MoM: +0.6%
Apartment
Avg/Median Rent$2,231 / $2,166Range$1,599 – $3,797Rent per Sq Ft$2 / $2Sq Ft929 / 875DOM7 / 1New307Total486
Condo
Avg/Median Rent$1,973 / $1,850Range$1,550 – $3,000Rent per Sq Ft$3 / $2Sq Ft914 / 890DOM40 / 1New9Total22
Multi-Family
Avg/Median Rent$2,062 / $2,000Range$1,850 – $2,300Rent per Sq Ft$2 / $2Sq Ft1,038 / 900DOM22 / 9New1Total4
Single Family
Avg/Median Rent$2,607 / $2,549Range$1,300 – $4,295Rent per Sq Ft$2 / $2Sq Ft1,472 / 1,343DOM18 / 1New24Total81
Townhouse
Avg/Median Rent$2,631 / $2,650Range$1,759 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,576 / 1,700DOM28 / 19New11Total61
Rentals by Bedroom Count
Studio
Avg:$1,959Median:$1,940Range:$1,724 – $2,291PSF:$3 / $3Sq Ft:669 / 663DOM:1 / 1New:12Total:24
1 Beds
Avg:$1,955Median:$1,899Range:$1,300 – $2,765PSF:$3 / $3Sq Ft:746 / 775DOM:7 / 1New:133Total:195
2 Beds
Avg:$2,359Median:$2,292Range:$1,700 – $3,711PSF:$2 / $2Sq Ft:1,050 / 1,035DOM:10 / 1New:182Total:331
3 Beds
Avg:$2,797Median:$2,800Range:$1,999 – $3,797PSF:$2 / $2Sq Ft:1,658 / 1,624DOM:27 / 10New:23Total:88
4 Beds
Avg:$3,279Median:$3,150Range:$2,780 – $4,295PSF:$2 / $2Sq Ft:2,228 / 2,168DOM:19 / 12New:2Total:16
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,959 | $1,940 | $1,724 – $2,291 | $3 / $3 | 669 / 663 | 1 / 1 | 12 | 24 |
| 1 Beds | $1,955 | $1,899 | $1,300 – $2,765 | $3 / $3 | 746 / 775 | 7 / 1 | 133 | 195 |
| 2 Beds | $2,359 | $2,292 | $1,700 – $3,711 | $2 / $2 | 1,050 / 1,035 | 10 / 1 | 182 | 331 |
| 3 Beds | $2,797 | $2,800 | $1,999 – $3,797 | $2 / $2 | 1,658 / 1,624 | 27 / 10 | 23 | 88 |
| 4 Beds | $3,279 | $3,150 | $2,780 – $4,295 | $2 / $2 | 2,228 / 2,168 | 19 / 12 | 2 | 16 |
6-Month Sales Trend
Mar 2026
Median Price:$409,000Median DOM:18New:63Total:127
Apr 2026
Median Price:$399,000Median DOM:14New:61Total:150
May 2026
Median Price:$390,000Median DOM:11New:56Total:156
Jun 2026
Median Price:$395,000Median DOM:11New:65Total:158
Jul 2026
Median Price:$375,000Median DOM:7New:75Total:161
Aug 2026
Median Price:$375,000Median DOM:6New:54Total:157
6-Month Rental Trend
Mar 2026
Median Rent:$2,221Median DOM:1New:362Total:513
Apr 2026
Median Rent:$2,197Median DOM:1New:371Total:536
May 2026
Median Rent:$2,178Median DOM:1New:426Total:612
Jun 2026
Median Rent:$2,180Median DOM:1New:434Total:645
Jul 2026
Median Rent:$2,200Median DOM:1New:433Total:683
Aug 2026
Median Rent:$2,213Median DOM:1New:352Total:654
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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