ZIP 60523 Housing Market Report
Chicago Metro
Report period: May 2026
60523 Monthly Market Update – May 2026
ZIP 60523 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$769,000
−6.8%
Median DOM (Sales)
30
+7.1%
New Listings (Sales)
6
−76.9%
Median Rent
$4,205
0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
37
−9.8%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (12 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 6 Beds ($3,580,000 median)
Sales Market Overview
Median Price
$769,000
−6.8%
Median DOM
30
+7.1%
New Listings
6
−76.9%
Inventory
76
−2.6%
- Average Price: $1,179,006
- Median Price: $769,000
- Price Range: $135,000 – $6,700,000
- Price per Sq Ft (Avg/Median): $309 / $280
- Square Footage (Avg/Median): 3,485 / 2,000
- Square Footage Range: 585 – 12,676
- Days on Market (Avg/Median): 63 / 30
- Days on Market Range: 3 – 320
- New Listings: 6
- Total Listings: 76
Sales by Property Type
Condo
Avg/Median Price$353,926 / $225,000Range$135,000 – $1,035,000Price per Sq Ft$269 / $208Sq Ft1,256 / 1,286DOM34 / 20New3Total23
Land
Avg/Median Price$1,217,681 / $949,999Range$489,993 – $4,000,000Price per Sq Ft—Sq Ft—DOM135 / 95New0Total22
Single Family
Avg/Median Price$2,159,665 / $1,600,000Range$664,900 – $6,700,000Price per Sq Ft$350 / $328Sq Ft6,028 / 5,584DOM50 / 25New2Total23
Townhouse
Avg/Median Price$625,362 / $539,000Range$375,000 – $1,125,000Price per Sq Ft$300 / $265Sq Ft2,131 / 1,972DOM21 / 12New1Total8
Sales by Bedroom Count
Studio
Avg:$137,450Median:$135,000Range:$135,000 – $139,900PSF:$231 / $231Sq Ft:585 / 585DOM:21 / 7New:1Total:2
1 Beds
Avg:$181,943Median:$189,700Range:$159,900 – $195,000PSF:$203 / $208Sq Ft:899 / 910DOM:52 / 21New:2Total:7
2 Beds
Avg:$464,453Median:$375,000Range:$200,000 – $1,035,000PSF:$297 / $198Sq Ft:1,515 / 1,383DOM:25 / 17New:0Total:15
3 Beds
Avg:$701,200Median:$624,900Range:$449,999 – $1,348,000PSF:$298 / $280Sq Ft:2,464 / 2,000DOM:18 / 11New:2Total:9
4 Beds
Avg:$1,703,800Median:$1,539,000Range:$1,075,000 – $2,950,000PSF:$370 / $336Sq Ft:4,881 / 4,577DOM:43 / 12New:0Total:10
5 Beds
Avg:$2,246,143Median:$1,530,000Range:$1,000,000 – $4,649,000PSF:$297 / $285Sq Ft:7,091 / 5,929DOM:52 / 37New:1Total:7
6 Beds
Avg:$5,140,000Median:$3,580,000Range:$3,580,000 – $6,700,000PSF:$625 / $500Sq Ft:8,052 / 7,158DOM:102 / 44New:0Total:2
7 Beds
Avg:$2,474,200Median:$1,749,400Range:$1,749,400 – $3,199,000PSF:$279 / $244Sq Ft:8,664 / 7,180DOM:75 / 34New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $137,450 | $135,000 | $135,000 – $139,900 | $231 / $231 | 585 / 585 | 21 / 7 | 1 | 2 |
| 1 Beds | $181,943 | $189,700 | $159,900 – $195,000 | $203 / $208 | 899 / 910 | 52 / 21 | 2 | 7 |
| 2 Beds | $464,453 | $375,000 | $200,000 – $1,035,000 | $297 / $198 | 1,515 / 1,383 | 25 / 17 | 0 | 15 |
| 3 Beds | $701,200 | $624,900 | $449,999 – $1,348,000 | $298 / $280 | 2,464 / 2,000 | 18 / 11 | 2 | 9 |
| 4 Beds | $1,703,800 | $1,539,000 | $1,075,000 – $2,950,000 | $370 / $336 | 4,881 / 4,577 | 43 / 12 | 0 | 10 |
| 5 Beds | $2,246,143 | $1,530,000 | $1,000,000 – $4,649,000 | $297 / $285 | 7,091 / 5,929 | 52 / 37 | 1 | 7 |
| 6 Beds | $5,140,000 | $3,580,000 | $3,580,000 – $6,700,000 | $625 / $500 | 8,052 / 7,158 | 102 / 44 | 0 | 2 |
| 7 Beds | $2,474,200 | $1,749,400 | $1,749,400 – $3,199,000 | $279 / $244 | 8,664 / 7,180 | 75 / 34 | 0 | 2 |
Rental Market Overview
Median Rent
$4,205
0.0%
Median DOM
1
0.0%
New Listings
18
Inventory
37
−9.8%
- Average Rent: $4,251
- Median Rent: $4,205
- Rent Range: $2,777 – $8,325
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 1,422 / 1,088
- Square Footage Range: 713 – 5,393
- Days on Market (Avg/Median): 25 / 1
- Days on Market Range: 1 – 336
- New Listings: 18
- Total Listings: 37
Rentals by Property Type
Apartment
$4,202
Median DOM: 1
Inventory: 29
MoM: 0.0%
Condo
—
Median DOM: —
Inventory: —
MoM: 0.0%
Single Family
$4,800
Median DOM: 149
Inventory: 7
MoM: 0.0%
Townhouse
$3,500
Median DOM: 7
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$4,111 / $4,202Range$2,777 – $8,325Rent per Sq Ft$4 / $4Sq Ft1,031 / 1,083DOM1 / 1New17Total29
Single Family
Avg/Median Rent$4,936 / $4,800Range$3,200 – $7,500Rent per Sq Ft$2 / $2Sq Ft2,965 / 2,501DOM125 / 149New0Total7
Townhouse
Avg/Median Rent$3,500 / $3,500Range$3,500 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,962 / 1,962DOM7 / 7New1Total1
Rentals by Bedroom Count
1 Beds
Avg:$3,160Median:$3,004Range:$2,777 – $4,250PSF:$4 / $4Sq Ft:820 / 793DOM:1 / 1New:9Total:14
2 Beds
Avg:$4,739Median:$4,352Range:$4,177 – $8,325PSF:$4 / $4Sq Ft:1,165 / 1,093DOM:1 / 1New:7Total:13
3 Beds
Avg:$5,246Median:$3,900Range:$3,200 – $7,500PSF:$3 / $2Sq Ft:1,657 / 1,593DOM:54 / 7New:2Total:6
4 Beds
Avg:$5,075Median:$4,800Range:$4,800 – $5,350PSF:$2 / $1Sq Ft:3,535 / 2,501DOM:24 / 18New:0Total:2
5 Beds
Avg:$4,900Median:$4,500Range:$4,500 – $5,300PSF:$1 / $1Sq Ft:4,490 / 3,588DOM:257 / 177New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $3,160 | $3,004 | $2,777 – $4,250 | $4 / $4 | 820 / 793 | 1 / 1 | 9 | 14 |
| 2 Beds | $4,739 | $4,352 | $4,177 – $8,325 | $4 / $4 | 1,165 / 1,093 | 1 / 1 | 7 | 13 |
| 3 Beds | $5,246 | $3,900 | $3,200 – $7,500 | $3 / $2 | 1,657 / 1,593 | 54 / 7 | 2 | 6 |
| 4 Beds | $5,075 | $4,800 | $4,800 – $5,350 | $2 / $1 | 3,535 / 2,501 | 24 / 18 | 0 | 2 |
| 5 Beds | $4,900 | $4,500 | $4,500 – $5,300 | $1 / $1 | 4,490 / 3,588 | 257 / 177 | 0 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$799,000Median DOM:72New:4Total:73
Jan 2026
Median Price:$789,000Median DOM:80New:11Total:66
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:$769,000Median DOM:30New:6Total:76
6-Month Rental Trend
Dec 2025
Median Rent:$4,166Median DOM:1New:25Total:37
Jan 2026
Median Rent:$4,647Median DOM:1New:21Total:28
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:$4,205Median DOM:1New:18Total:37
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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