ZIP 60517 Housing Market Report

Chicago Metro

Report period: July 2026

60517 Monthly Market Update – July 2026

ZIP 60517 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$459,000
−2.9%
Median DOM (Sales)
9
+28.6%
New Listings (Sales)
25
−53.7%
Median Rent
$1,840
+1.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
292
+0.3%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($525,000 median)

Sales Market Overview

Median Price
$459,000
−2.9%
Median DOM
9
+28.6%
New Listings
25
−53.7%
Inventory
114
−3.4%
  • Average Price: $448,295
  • Median Price: $459,000
  • Price Range: $10,000 – $1,015,000
  • Price per Sq Ft (Avg/Median): $240 / $231
  • Square Footage (Avg/Median): 1,886 / 1,872
  • Square Footage Range: 766 – 4,509
  • Days on Market (Avg/Median): 17 / 9
  • Days on Market Range: 1 – 101
  • New Listings: 25
  • Total Listings: 114

Sales by Property Type

Condo
Avg/Median Price$243,541 / $210,000Range$135,000 – $515,000Price per Sq Ft$214 / $218Sq Ft1,123 / 1,102DOM16 / 9New8Total29
Land
Avg/Median Price$10,000 / $10,000Range$10,000 – $10,000Price per Sq FtSq FtDOMNew0Total1
Single Family
Avg/Median Price$544,605 / $499,000Range$300,000 – $1,015,000Price per Sq Ft$246 / $237Sq Ft2,256 / 1,950DOM15 / 7New15Total59
Townhouse
Avg/Median Price$476,047 / $499,990Range$230,000 – $826,678Price per Sq Ft$254 / $260Sq Ft1,881 / 2,025DOM22 / 13New2Total25

Sales by Bedroom Count

1 Beds
Avg:$156,650Median:$155,000Range:$135,000 – $170,000PSF:$195 / $191Sq Ft:808 / 766DOM:8 / 9New:2Total:6
2 Beds
Avg:$314,790Median:$265,000Range:$185,000 – $726,799PSF:$229 / $222Sq Ft:1,369 / 1,150DOM:17 / 8New:7Total:34
3 Beds
Avg:$513,370Median:$499,990Range:$230,000 – $826,678PSF:$257 / $251Sq Ft:2,040 / 2,025DOM:18 / 7New:6Total:32
4 Beds
Avg:$566,826Median:$493,000Range:$300,000 – $1,015,000PSF:$249 / $235Sq Ft:2,298 / 1,918DOM:18 / 7New:8Total:34
5 Beds
Avg:$536,129Median:$525,000Range:$350,000 – $699,000PSF:$206 / $218Sq Ft:2,594 / 2,520DOM:19 / 16New:2Total:7

Rental Market Overview

Median Rent
$1,840
+1.7%
Median DOM
1
0.0%
New Listings
136
Inventory
292
+0.3%
  • Average Rent: $1,932
  • Median Rent: $1,840
  • Rent Range: $1,255 – $4,600
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 900 / 880
  • Square Footage Range: 450 – 3,208
  • Days on Market (Avg/Median): 4 / 1
  • Days on Market Range: 1 – 147
  • New Listings: 136
  • Total Listings: 292

Rentals by Property Type

Apartment
$1,780
Median DOM: 1
Inventory: 259
MoM: +1.7%
Condo
$2,000
Median DOM: 27
Inventory: 16
MoM: +1.7%
Single Family
$2,975
Median DOM: 8
Inventory: 17
MoM: +1.7%
Townhouse
Median DOM:
Inventory:
MoM: +1.7%
Apartment
Avg/Median Rent$1,856 / $1,780Range$1,255 – $2,968Rent per Sq Ft$2 / $2Sq Ft838 / 780DOM2 / 1New126Total259
Condo
Avg/Median Rent$2,062 / $2,000Range$1,750 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,083 / 1,137DOM32 / 27New3Total16
Single Family
Avg/Median Rent$2,976 / $2,975Range$2,095 – $4,600Rent per Sq Ft$2 / $2Sq Ft1,720 / 1,525DOM11 / 8New7Total17

Rentals by Bedroom Count

Studio
Avg:$1,294Median:$1,290Range:$1,255 – $1,395PSF:$3 / $3Sq Ft:481 / 510DOM:1 / 1New:14Total:21
1 Beds
Avg:$1,736Median:$1,685Range:$1,340 – $2,338PSF:$2 / $2Sq Ft:717 / 700DOM:2 / 1New:57Total:125
2 Beds
Avg:$2,078Median:$1,970Range:$1,550 – $2,968PSF:$2 / $2Sq Ft:1,036 / 1,102DOM:6 / 1New:57Total:128
3 Beds
Avg:$2,773Median:$2,540Range:$2,300 – $3,850PSF:$2 / $2Sq Ft:1,392 / 1,300DOM:4 / 1New:3Total:11
4 Beds
Avg:$3,392Median:$3,300Range:$2,900 – $4,600PSF:$2 / $2Sq Ft:2,193 / 1,980DOM:12 / 1New:5Total:7

6-Month Sales Trend

Feb 2026
Median Price:$450,990Median DOM:20New:28Total:77
Mar 2026
Median Price:$470,000Median DOM:9New:39Total:86
Apr 2026
Median Price:$449,000Median DOM:8New:46Total:100
May 2026
Median Price:$470,000Median DOM:9New:44Total:112
Jun 2026
Median Price:$472,500Median DOM:7New:54Total:118
Jul 2026
Median Price:$459,000Median DOM:9New:25Total:114

6-Month Rental Trend

Feb 2026
Median Rent:$1,799Median DOM:1New:185Total:230
Mar 2026
Median Rent:$1,720Median DOM:1New:215Total:259
Apr 2026
Median Rent:$1,740Median DOM:1New:192Total:282
May 2026
Median Rent:$1,800Median DOM:1New:208Total:302
Jun 2026
Median Rent:$1,810Median DOM:1New:220Total:291
Jul 2026
Median Rent:$1,840Median DOM:1New:136Total:292

Key Market Takeaways

Median sale prices softened this month while inventory compressed. 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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