ZIP 60523 Housing Market Report
Chicago Metro
Report period: July 2026
60523 Monthly Market Update – July 2026
ZIP 60523 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$945,000
+18.1%
Median DOM (Sales)
19
+18.8%
New Listings (Sales)
13
−27.8%
Median Rent
$3,805
−2.6%
Median DOM (Rental)
1
0.0%
Total Rental Listings
56
+5.7%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($3,580,000 median)
Sales Market Overview
Median Price
$945,000
+18.1%
Median DOM
19
+18.8%
New Listings
13
−27.8%
Inventory
72
+5.9%
- Average Price: $1,419,830
- Median Price: $945,000
- Price Range: $135,000 – $6,999,995
- Price per Sq Ft (Avg/Median): $327 / $316
- Square Footage (Avg/Median): 4,259 / 2,800
- Square Footage Range: 585 – 12,676
- Days on Market (Avg/Median): 56 / 19
- Days on Market Range: 1 – 365
- New Listings: 13
- Total Listings: 72
Sales by Property Type
Condo
Avg/Median Price$438,005 / $249,500Range$135,000 – $1,199,000Price per Sq Ft$298 / $231Sq Ft1,497 / 1,383DOM32 / 1New6Total19
Land
Avg/Median Price$1,250,299 / $945,000Range$489,993 – $4,000,000Price per Sq Ft—Sq Ft—DOM125 / 111New3Total20
Single Family
Avg/Median Price$2,462,684 / $1,745,000Range$639,900 – $6,999,995Price per Sq Ft$353 / $320Sq Ft6,577 / 5,929DOM44 / 19New4Total26
Townhouse
Avg/Median Price$695,700 / $624,900Range$375,000 – $1,125,000Price per Sq Ft$302 / $303Sq Ft2,355 / 2,267DOM24 / 6New0Total7
Sales by Bedroom Count
Studio
Avg:$135,000Median:$135,000Range:$135,000 – $135,000PSF:$231 / $231Sq Ft:585 / 585DOM:1 / 1New:0Total:2
1 Beds
Avg:$195,000Median:$195,000Range:$195,000 – $195,000PSF:$213 / $211Sq Ft:918 / 910DOM:29 / 1New:1Total:2
2 Beds
Avg:$524,280Median:$515,000Range:$199,000 – $1,199,000PSF:$315 / $346Sq Ft:1,670 / 1,383DOM:41 / 11New:5Total:15
3 Beds
Avg:$848,470Median:$639,900Range:$425,000 – $1,975,000PSF:$310 / $303Sq Ft:2,715 / 2,465DOM:22 / 15New:0Total:10
4 Beds
Avg:$1,317,700Median:$1,275,000Range:$1,044,900 – $1,745,000PSF:$339 / $315Sq Ft:4,153 / 4,000DOM:18 / 4New:0Total:7
5 Beds
Avg:$2,871,700Median:$1,750,000Range:$675,000 – $6,999,995PSF:$319 / $286Sq Ft:7,992 / 6,119DOM:44 / 19New:1Total:10
6 Beds
Avg:$3,814,600Median:$3,580,000Range:$1,799,000 – $6,700,000PSF:$463 / $375Sq Ft:8,168 / 8,947DOM:66 / 1New:3Total:5
7 Beds
Avg:$3,199,000Median:$3,199,000Range:$3,199,000 – $3,199,000PSF:$315 / $315Sq Ft:10,147 / 10,147DOM:139 / 139New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $135,000 | $135,000 | $135,000 – $135,000 | $231 / $231 | 585 / 585 | 1 / 1 | 0 | 2 |
| 1 Beds | $195,000 | $195,000 | $195,000 – $195,000 | $213 / $211 | 918 / 910 | 29 / 1 | 1 | 2 |
| 2 Beds | $524,280 | $515,000 | $199,000 – $1,199,000 | $315 / $346 | 1,670 / 1,383 | 41 / 11 | 5 | 15 |
| 3 Beds | $848,470 | $639,900 | $425,000 – $1,975,000 | $310 / $303 | 2,715 / 2,465 | 22 / 15 | 0 | 10 |
| 4 Beds | $1,317,700 | $1,275,000 | $1,044,900 – $1,745,000 | $339 / $315 | 4,153 / 4,000 | 18 / 4 | 0 | 7 |
| 5 Beds | $2,871,700 | $1,750,000 | $675,000 – $6,999,995 | $319 / $286 | 7,992 / 6,119 | 44 / 19 | 1 | 10 |
| 6 Beds | $3,814,600 | $3,580,000 | $1,799,000 – $6,700,000 | $463 / $375 | 8,168 / 8,947 | 66 / 1 | 3 | 5 |
| 7 Beds | $3,199,000 | $3,199,000 | $3,199,000 – $3,199,000 | $315 / $315 | 10,147 / 10,147 | 139 / 139 | 0 | 1 |
Rental Market Overview
Median Rent
$3,805
−2.6%
Median DOM
1
0.0%
New Listings
40
Inventory
56
+5.7%
- Average Rent: $4,079
- Median Rent: $3,805
- Rent Range: $2,595 – $7,795
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 1,252 / 1,088
- Square Footage Range: 713 – 3,957
- Days on Market (Avg/Median): 17 / 1
- Days on Market Range: 1 – 361
- New Listings: 40
- Total Listings: 56
Rentals by Property Type
Apartment
$3,750
Median DOM: 1
Inventory: 49
MoM: −2.6%
Condo
—
Median DOM: —
Inventory: —
MoM: −2.6%
Single Family
$4,500
Median DOM: 29
Inventory: 6
MoM: −2.6%
Townhouse
$3,400
Median DOM: 42
Inventory: 1
MoM: −2.6%
Apartment
Avg/Median Rent$3,976 / $3,750Range$2,595 – $7,795Rent per Sq Ft$4 / $4Sq Ft1,052 / 1,083DOM2 / 1New39Total49
Single Family
Avg/Median Rent$5,025 / $4,500Range$3,200 – $7,500Rent per Sq Ft$2 / $1Sq Ft2,764 / 2,584DOM133 / 29New1Total6
Townhouse
Avg/Median Rent$3,400 / $3,400Range$3,400 – $3,400Rent per Sq Ft$2 / $2Sq Ft1,962 / 1,962DOM42 / 42New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$2,880Median:$2,775Range:$2,595 – $4,305PSF:$4 / $4Sq Ft:792 / 787DOM:3 / 1New:20Total:24
2 Beds
Avg:$4,537Median:$4,274Range:$3,695 – $7,795PSF:$4 / $4Sq Ft:1,193 / 1,093DOM:1 / 1New:14Total:19
3 Beds
Avg:$5,958Median:$6,375Range:$3,200 – $7,750PSF:$4 / $4Sq Ft:1,664 / 1,601DOM:49 / 1New:5Total:9
4 Beds
Avg:$5,000Median:$5,000Range:$5,000 – $5,000PSF:$2 / $2Sq Ft:2,584 / 2,584DOM:29 / 29New:0Total:1
5 Beds
Avg:$4,817Median:$4,500Range:$4,200 – $5,750PSF:$1 / $1Sq Ft:3,628 / 3,588DOM:125 / 8New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $2,880 | $2,775 | $2,595 – $4,305 | $4 / $4 | 792 / 787 | 3 / 1 | 20 | 24 |
| 2 Beds | $4,537 | $4,274 | $3,695 – $7,795 | $4 / $4 | 1,193 / 1,093 | 1 / 1 | 14 | 19 |
| 3 Beds | $5,958 | $6,375 | $3,200 – $7,750 | $4 / $4 | 1,664 / 1,601 | 49 / 1 | 5 | 9 |
| 4 Beds | $5,000 | $5,000 | $5,000 – $5,000 | $2 / $2 | 2,584 / 2,584 | 29 / 29 | 0 | 1 |
| 5 Beds | $4,817 | $4,500 | $4,200 – $5,750 | $1 / $1 | 3,628 / 3,588 | 125 / 8 | 1 | 3 |
6-Month Sales Trend
Feb 2026
Median Price:$789,000Median DOM:43New:16Total:59
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:$945,000Median DOM:19New:13Total:72
6-Month Rental Trend
Feb 2026
Median Rent:$4,500Median DOM:1New:23Total:35
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:$3,805Median DOM:1New:40Total:56
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower 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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