ZIP 60505 Housing Market Report
Chicago Metro
Report period: June 2026
60505 Monthly Market Update – June 2026
ZIP 60505 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026
Executive Snapshot
Median Sale Price
$264,900
+1.9%
Median DOM (Sales)
10
0.0%
New Listings (Sales)
10
−47.4%
Median Rent
$1,700
−4.0%
Median DOM (Rental)
20
+5.3%
Total Rental Listings
65
−8.5%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (5 DOM)
- Fastest renting: Condo (10 DOM)
- Strongest bedroom: 7 Beds ($349,900 median)
Sales Market Overview
Median Price
$264,900
+1.9%
Median DOM
10
0.0%
New Listings
10
−47.4%
Inventory
83
−3.5%
- Average Price: $297,716
- Median Price: $264,900
- Price Range: $6,500 – $1,499,000
- Price per Sq Ft (Avg/Median): $219 / $218
- Square Footage (Avg/Median): 1,441 / 1,206
- Square Footage Range: 502 – 3,476
- Days on Market (Avg/Median): 36 / 10
- Days on Market Range: 1 – 336
- New Listings: 10
- Total Listings: 83
Sales by Property Type
Condo
Avg/Median Price$163,418 / $149,000Range$124,999 – $238,900Price per Sq Ft$217 / $218Sq Ft785 / 720DOM28 / 19New0Total11
Land
Avg/Median Price$310,069 / $50,000Range$6,500 – $1,499,000Price per Sq Ft—Sq Ft—DOM129 / 73New2Total13
Multi-Family
Avg/Median Price$314,150 / $315,000Range$120,000 – $550,000Price per Sq Ft$189 / $189Sq Ft1,800 / 1,800DOM14 / 5New1Total6
Single Family
Avg/Median Price$323,340 / $289,900Range$189,900 – $599,900Price per Sq Ft$220 / $218Sq Ft1,608 / 1,344DOM26 / 7New6Total50
Townhouse
Avg/Median Price$276,663 / $294,990Range$189,000 – $346,000Price per Sq Ft$230 / $232Sq Ft1,212 / 1,272DOM45 / 21New1Total3
Sales by Bedroom Count
1 Beds
Avg:$159,862Median:$134,500Range:$124,999 – $275,000PSF:$236 / $236Sq Ft:695 / 550DOM:36 / 28New:0Total:8
2 Beds
Avg:$274,606Median:$215,000Range:$172,000 – $599,900PSF:$234 / $221Sq Ft:1,208 / 985DOM:43 / 19New:1Total:17
3 Beds
Avg:$332,564Median:$295,000Range:$210,000 – $595,000PSF:$236 / $232Sq Ft:1,509 / 1,300DOM:15 / 7New:3Total:25
4 Beds
Avg:$312,736Median:$289,900Range:$189,900 – $479,900PSF:$165 / $166Sq Ft:2,019 / 2,131DOM:23 / 7New:2Total:14
5 Beds
Avg:$337,500Median:$300,000Range:$300,000 – $375,000PSF:$200 / $184Sq Ft:1,684 / 1,628DOM:4 / 1New:1Total:2
6 Beds
Avg:$120,000Median:$120,000Range:$120,000 – $120,000PSF:—Sq Ft:—DOM:1 / 1New:1Total:1
7 Beds
Avg:$349,900Median:$349,900Range:$349,900 – $349,900PSF:—Sq Ft:—DOM:5 / 5New:0Total:1
8 Beds
Avg:$447,500Median:$345,000Range:$345,000 – $550,000PSF:$112 / $112Sq Ft:3,082 / 3,082DOM:36 / 17New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $159,862 | $134,500 | $124,999 – $275,000 | $236 / $236 | 695 / 550 | 36 / 28 | 0 | 8 |
| 2 Beds | $274,606 | $215,000 | $172,000 – $599,900 | $234 / $221 | 1,208 / 985 | 43 / 19 | 1 | 17 |
| 3 Beds | $332,564 | $295,000 | $210,000 – $595,000 | $236 / $232 | 1,509 / 1,300 | 15 / 7 | 3 | 25 |
| 4 Beds | $312,736 | $289,900 | $189,900 – $479,900 | $165 / $166 | 2,019 / 2,131 | 23 / 7 | 2 | 14 |
| 5 Beds | $337,500 | $300,000 | $300,000 – $375,000 | $200 / $184 | 1,684 / 1,628 | 4 / 1 | 1 | 2 |
| 6 Beds | $120,000 | $120,000 | $120,000 – $120,000 | — | — | 1 / 1 | 1 | 1 |
| 7 Beds | $349,900 | $349,900 | $349,900 – $349,900 | — | — | 5 / 5 | 0 | 1 |
| 8 Beds | $447,500 | $345,000 | $345,000 – $550,000 | $112 / $112 | 3,082 / 3,082 | 36 / 17 | 0 | 2 |
Rental Market Overview
Median Rent
$1,700
−4.0%
Median DOM
20
+5.3%
New Listings
14
Inventory
65
−8.5%
- Average Rent: $1,766
- Median Rent: $1,700
- Rent Range: $1,150 – $3,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,034 / 974
- Square Footage Range: 405 – 2,207
- Days on Market (Avg/Median): 32 / 20
- Days on Market Range: 1 – 354
- New Listings: 14
- Total Listings: 65
Rentals by Property Type
Apartment
$1,550
Median DOM: 14
Inventory: 27
MoM: −4.0%
Condo
$1,600
Median DOM: 10
Inventory: 10
MoM: −4.0%
Single Family
$1,980
Median DOM: 29
Inventory: 25
MoM: −4.0%
Townhouse
$1,800
Median DOM: 18
Inventory: 1
MoM: −4.0%
Apartment
Avg/Median Rent$1,583 / $1,550Range$1,150 – $2,500Rent per Sq Ft$2 / $2Sq Ft910 / 900DOM36 / 14New7Total27
Condo
Avg/Median Rent$1,612 / $1,600Range$1,275 – $2,000Rent per Sq Ft$2 / $2Sq Ft898 / 876DOM25 / 10New4Total10
Multi-Family
Avg/Median Rent$1,625 / $1,300Range$1,300 – $1,950Rent per Sq Ft$1 / $1Sq Ft1,408 / 1,408DOM34 / 16New0Total2
Single Family
Avg/Median Rent$2,036 / $1,980Range$1,300 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,204 / 1,200DOM30 / 29New3Total25
Townhouse
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft—Sq Ft—DOM18 / 18New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,321Median:$1,325Range:$1,165 – $1,468PSF:$3 / $3Sq Ft:468 / 500DOM:31 / 1New:1Total:4
1 Beds
Avg:$1,426Median:$1,395Range:$1,150 – $1,800PSF:$2 / $2Sq Ft:809 / 750DOM:56 / 22New:4Total:15
2 Beds
Avg:$1,677Median:$1,695Range:$1,300 – $2,000PSF:$2 / $2Sq Ft:965 / 919DOM:22 / 14New:7Total:22
3 Beds
Avg:$2,080Median:$2,000Range:$1,495 – $2,650PSF:$2 / $2Sq Ft:1,254 / 1,222DOM:28 / 26New:2Total:22
4 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:$1 / $1Sq Ft:1,740 / 1,740DOM:17 / 17New:0Total:1
5 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:$2 / $2Sq Ft:1,514 / 1,514DOM:38 / 38New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,321 | $1,325 | $1,165 – $1,468 | $3 / $3 | 468 / 500 | 31 / 1 | 1 | 4 |
| 1 Beds | $1,426 | $1,395 | $1,150 – $1,800 | $2 / $2 | 809 / 750 | 56 / 22 | 4 | 15 |
| 2 Beds | $1,677 | $1,695 | $1,300 – $2,000 | $2 / $2 | 965 / 919 | 22 / 14 | 7 | 22 |
| 3 Beds | $2,080 | $2,000 | $1,495 – $2,650 | $2 / $2 | 1,254 / 1,222 | 28 / 26 | 2 | 22 |
| 4 Beds | $2,500 | $2,500 | $2,500 – $2,500 | $1 / $1 | 1,740 / 1,740 | 17 / 17 | 0 | 1 |
| 5 Beds | $3,000 | $3,000 | $3,000 – $3,000 | $2 / $2 | 1,514 / 1,514 | 38 / 38 | 0 | 1 |
6-Month Sales Trend
Jan 2026
Median Price:$225,000Median DOM:45New:25Total:103
Feb 2026
Median Price:$242,000Median DOM:43New:19Total:83
Mar 2026
Median Price:$244,900Median DOM:11New:32Total:86
Apr 2026
Median Price:$255,000Median DOM:8New:39Total:98
May 2026
Median Price:$259,900Median DOM:10New:19Total:86
Jun 2026
Median Price:$264,900Median DOM:10New:10Total:83
6-Month Rental Trend
Jan 2026
Median Rent:$1,620Median DOM:22New:12Total:42
Feb 2026
Median Rent:$1,660Median DOM:17New:23Total:49
Mar 2026
Median Rent:$1,695Median DOM:15New:28Total:60
Apr 2026
Median Rent:$1,700Median DOM:16New:29Total:73
May 2026
Median Rent:$1,770Median DOM:19New:25Total:71
Jun 2026
Median Rent:$1,700Median DOM:20New:14Total:65
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro