ZIP 60523 Housing Market Report
Chicago Metro
Report period: August 2026
60523 Monthly Market Update – August 2026
ZIP 60523 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$739,000
−7.6%
Median DOM (Sales)
15
−55.9%
New Listings (Sales)
19
−20.8%
Median Rent
$3,111
−18.1%
Median DOM (Rental)
1
0.0%
Total Rental Listings
58
+1.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (2 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($3,580,000 median)
Sales Market Overview
Median Price
$739,000
−7.6%
Median DOM
15
−55.9%
New Listings
19
−20.8%
Inventory
66
−4.3%
- Average Price: $1,399,098
- Median Price: $739,000
- Price Range: $170,000 – $6,999,995
- Price per Sq Ft (Avg/Median): $329 / $320
- Square Footage (Avg/Median): 4,033 / 2,465
- Square Footage Range: 893 – 13,760
- Days on Market (Avg/Median): 57 / 15
- Days on Market Range: 1 – 365
- New Listings: 19
- Total Listings: 66
Sales by Property Type
Condo
Avg/Median Price$470,585 / $245,000Range$170,000 – $1,199,000Price per Sq Ft$292 / $218Sq Ft1,554 / 1,383DOM25 / 2New8Total20
Land
Avg/Median Price$1,285,117 / $949,999Range$489,993 – $4,000,000Price per Sq Ft—Sq Ft—DOM109 / 108New5Total17
Single Family
Avg/Median Price$2,604,636 / $1,690,000Range$620,000 – $6,999,995Price per Sq Ft$382 / $355Sq Ft6,771 / 5,929DOM69 / 44New5Total22
Townhouse
Avg/Median Price$539,971 / $529,900Range$375,000 – $800,000Price per Sq Ft$260 / $280Sq Ft2,157 / 1,962DOM30 / 7New1Total7
Sales by Bedroom Count
1 Beds
Avg:$188,750Median:$195,000Range:$170,000 – $195,000PSF:$203 / $211Sq Ft:932 / 910DOM:30 / 1New:2Total:4
2 Beds
Avg:$522,425Median:$475,000Range:$225,000 – $1,199,000PSF:$311 / $346Sq Ft:1,672 / 1,383DOM:30 / 2New:7Total:16
3 Beds
Avg:$812,882Median:$624,900Range:$425,000 – $1,975,000PSF:$358 / $306Sq Ft:2,347 / 2,028DOM:52 / 26New:0Total:11
4 Beds
Avg:$1,346,333Median:$1,300,000Range:$1,200,000 – $1,539,000PSF:$322 / $316Sq Ft:4,415 / 4,114DOM:31 / 1New:1Total:3
5 Beds
Avg:$2,932,600Median:$1,690,000Range:$799,000 – $6,999,995PSF:$334 / $320Sq Ft:8,008 / 6,119DOM:58 / 49New:2Total:10
6 Beds
Avg:$3,814,600Median:$3,580,000Range:$1,799,000 – $6,700,000PSF:$411 / $375Sq Ft:9,131 / 9,813DOM:78 / 1New:2Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $188,750 | $195,000 | $170,000 – $195,000 | $203 / $211 | 932 / 910 | 30 / 1 | 2 | 4 |
| 2 Beds | $522,425 | $475,000 | $225,000 – $1,199,000 | $311 / $346 | 1,672 / 1,383 | 30 / 2 | 7 | 16 |
| 3 Beds | $812,882 | $624,900 | $425,000 – $1,975,000 | $358 / $306 | 2,347 / 2,028 | 52 / 26 | 0 | 11 |
| 4 Beds | $1,346,333 | $1,300,000 | $1,200,000 – $1,539,000 | $322 / $316 | 4,415 / 4,114 | 31 / 1 | 1 | 3 |
| 5 Beds | $2,932,600 | $1,690,000 | $799,000 – $6,999,995 | $334 / $320 | 8,008 / 6,119 | 58 / 49 | 2 | 10 |
| 6 Beds | $3,814,600 | $3,580,000 | $1,799,000 – $6,700,000 | $411 / $375 | 9,131 / 9,813 | 78 / 1 | 2 | 5 |
Rental Market Overview
Median Rent
$3,111
−18.1%
Median DOM
1
0.0%
New Listings
44
Inventory
58
+1.8%
- Average Rent: $3,765
- Median Rent: $3,111
- Rent Range: $2,550 – $7,750
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 1,095 / 856
- Square Footage Range: 713 – 3,339
- Days on Market (Avg/Median): 9 / 1
- Days on Market Range: 1 – 240
- New Listings: 44
- Total Listings: 58
Rentals by Property Type
Apartment
$2,971
Median DOM: 1
Inventory: 53
MoM: −18.1%
Condo
—
Median DOM: —
Inventory: —
MoM: −18.1%
Single Family
$4,200
Median DOM: 38
Inventory: 2
MoM: −18.1%
Townhouse
$3,750
Median DOM: 14
Inventory: 3
MoM: −18.1%
Apartment
Avg/Median Rent$3,695 / $2,971Range$2,550 – $7,750Rent per Sq Ft$4 / $4Sq Ft995 / 856DOM2 / 1New43Total53
Single Family
Avg/Median Rent$5,850 / $4,200Range$4,200 – $7,500Rent per Sq Ft$3 / $1Sq Ft2,428 / 1,516DOM139 / 38New0Total2
Townhouse
Avg/Median Rent$3,600 / $3,750Range$3,250 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,967 / 1,962DOM29 / 14New1Total3
Rentals by Bedroom Count
1 Beds
Avg:$2,792Median:$2,750Range:$2,550 – $3,499PSF:$4 / $4Sq Ft:780 / 784DOM:3 / 1New:25Total:31
2 Beds
Avg:$4,379Median:$4,205Range:$3,695 – $5,352PSF:$4 / $4Sq Ft:1,167 / 1,088DOM:1 / 1New:14Total:16
3 Beds
Avg:$5,752Median:$6,176Range:$3,250 – $7,750PSF:$3 / $4Sq Ft:1,731 / 1,601DOM:33 / 1New:5Total:10
5 Beds
Avg:$4,200Median:$4,200Range:$4,200 – $4,200PSF:$1 / $1Sq Ft:3,339 / 3,339DOM:38 / 38New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,792 | $2,750 | $2,550 – $3,499 | $4 / $4 | 780 / 784 | 3 / 1 | 25 | 31 |
| 2 Beds | $4,379 | $4,205 | $3,695 – $5,352 | $4 / $4 | 1,167 / 1,088 | 1 / 1 | 14 | 16 |
| 3 Beds | $5,752 | $6,176 | $3,250 – $7,750 | $3 / $4 | 1,731 / 1,601 | 33 / 1 | 5 | 10 |
| 5 Beds | $4,200 | $4,200 | $4,200 – $4,200 | $1 / $1 | 3,339 / 3,339 | 38 / 38 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$825,000Median DOM:32New:22Total:71
Apr 2026
Median Price:$825,000Median DOM:28New:26Total:78
May 2026
Median Price:$945,000Median DOM:34New:22Total:73
Jun 2026
Median Price:$800,000Median DOM:16New:18Total:68
Jul 2026
Median Price:$800,000Median DOM:34New:24Total:69
Aug 2026
Median Price:$739,000Median DOM:15New:19Total:66
6-Month Rental Trend
Mar 2026
Median Rent:$4,345Median DOM:1New:24Total:33
Apr 2026
Median Rent:$4,205Median DOM:1New:28Total:41
May 2026
Median Rent:$4,075Median DOM:1New:39Total:53
Jun 2026
Median Rent:$3,905Median DOM:1New:37Total:53
Jul 2026
Median Rent:$3,800Median DOM:1New:42Total:57
Aug 2026
Median Rent:$3,111Median DOM:1New:44Total:58
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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