ZIP 60532 Housing Market Report

Chicago Metro

Report period: May 2026

60532 Monthly Market Update – May 2026

ZIP 60532 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$270,000
0.0%
Median DOM (Sales)
16
+14.3%
New Listings (Sales)
12
−73.3%
Median Rent
$1,755
+0.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
295
−1.0%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (8 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 5 Beds ($949,000 median)

Sales Market Overview

Median Price
$270,000
0.0%
Median DOM
16
+14.3%
New Listings
12
−73.3%
Inventory
125
+8.7%
  • Average Price: $379,018
  • Median Price: $270,000
  • Price Range: $24,853 – $1,499,900
  • Price per Sq Ft (Avg/Median): $254 / $251
  • Square Footage (Avg/Median): 1,695 / 1,410
  • Square Footage Range: 600 – 4,600
  • Days on Market (Avg/Median): 44 / 16
  • Days on Market Range: 2 – 346
  • New Listings: 12
  • Total Listings: 125

Sales by Property Type

Condo
Avg/Median Price$225,607 / $212,000Range$125,000 – $375,000Price per Sq Ft$242 / $240Sq Ft959 / 920DOM30 / 16New4Total44
Land
Avg/Median Price$132,739 / $79,000Range$24,853 – $795,000Price per Sq FtSq FtDOM158 / 168New1Total20
Single Family
Avg/Median Price$622,897 / $599,000Range$210,000 – $1,499,900Price per Sq Ft$277 / $271Sq Ft2,338 / 2,132DOM34 / 13New4Total45
Townhouse
Avg/Median Price$422,837 / $450,000Range$240,000 – $599,999Price per Sq Ft$225 / $206Sq Ft1,947 / 1,914DOM11 / 8New3Total16

Sales by Bedroom Count

Studio
Avg:$139,900Median:$139,900Range:$139,900 – $139,900PSF:$233 / $233Sq Ft:600 / 600DOM:7 / 7New:1Total:1
1 Beds
Avg:$191,194Median:$199,000Range:$125,000 – $235,000PSF:$265 / $269Sq Ft:729 / 670DOM:25 / 19New:0Total:17
2 Beds
Avg:$291,691Median:$245,000Range:$179,900 – $1,100,000PSF:$233 / $237Sq Ft:1,260 / 1,067DOM:20 / 13New:6Total:35
3 Beds
Avg:$492,372Median:$450,000Range:$239,000 – $875,000PSF:$267 / $251Sq Ft:1,871 / 1,793DOM:40 / 14New:1Total:32
4 Beds
Avg:$659,535Median:$700,000Range:$239,999 – $858,990PSF:$249 / $271Sq Ft:2,779 / 2,560DOM:18 / 8New:1Total:14
5 Beds
Avg:$1,022,283Median:$949,000Range:$585,000 – $1,499,900PSF:$294 / $288Sq Ft:3,606 / 3,534DOM:56 / 6New:2Total:6

Rental Market Overview

Median Rent
$1,755
+0.3%
Median DOM
1
0.0%
New Listings
146
Inventory
295
−1.0%
  • Average Rent: $1,925
  • Median Rent: $1,755
  • Rent Range: $1,245 – $8,264
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 805 / 739
  • Square Footage Range: 483 – 2,121
  • Days on Market (Avg/Median): 12 / 1
  • Days on Market Range: 1 – 365
  • New Listings: 146
  • Total Listings: 295

Rentals by Property Type

Apartment
$1,754
Median DOM: 1
Inventory: 257
MoM: +0.3%
Condo
$1,700
Median DOM: 27
Inventory: 28
MoM: +0.3%
Single Family
$3,000
Median DOM: 6
Inventory: 6
MoM: +0.3%
Townhouse
$2,200
Median DOM: 5
Inventory: 2
MoM: +0.3%
Apartment
Avg/Median Rent$1,879 / $1,754Range$1,245 – $3,712Rent per Sq Ft$2 / $2Sq Ft782 / 723DOM7 / 1New139Total257
Condo
Avg/Median Rent$1,853 / $1,700Range$1,425 – $4,404Rent per Sq Ft$2 / $2Sq Ft831 / 760DOM49 / 27New3Total28
Multi-Family
Avg/Median Rent$2,372 / $1,850Range$1,850 – $2,895Rent per Sq Ft$1 / $1Sq Ft1,675 / 1,350DOM11 / 8New1Total2
Single Family
Avg/Median Rent$2,996 / $3,000Range$1,625 – $3,999Rent per Sq Ft$2 / $2Sq Ft1,472 / 1,900DOM21 / 6New2Total6
Townhouse
Avg/Median Rent$5,232 / $2,200Range$2,200 – $8,264Rent per Sq Ft$2 / $2Sq Ft910 / 910DOM100 / 5New1Total2

Rentals by Bedroom Count

Studio
Avg:$1,524Median:$1,500Range:$1,325 – $3,033PSF:$2 / $2Sq Ft:616 / 638DOM:5 / 1New:16Total:41
1 Beds
Avg:$1,781Median:$1,700Range:$1,245 – $4,404PSF:$3 / $2Sq Ft:714 / 714DOM:13 / 1New:87Total:159
2 Beds
Avg:$2,191Median:$2,126Range:$1,605 – $3,712PSF:$2 / $2Sq Ft:975 / 950DOM:11 / 1New:40Total:80
3 Beds
Avg:$3,014Median:$2,420Range:$2,155 – $8,264PSF:$2 / $2Sq Ft:1,345 / 1,217DOM:27 / 1New:2Total:12
4 Beds
Avg:$3,598Median:$3,900Range:$2,895 – $3,999PSF:$2 / $1Sq Ft:1,957 / 1,914DOM:29 / 8New:1Total:3

6-Month Sales Trend

Dec 2025
Median Price:$365,000Median DOM:44New:17Total:119
Jan 2026
Median Price:$319,900Median DOM:36New:29Total:110
Feb 2026
Median Price:$380,000Median DOM:19New:33Total:91
Mar 2026
Median Price:$305,000Median DOM:19New:36Total:104
Apr 2026
Median Price:$270,000Median DOM:14New:45Total:115
May 2026
Median Price:$270,000Median DOM:16New:12Total:125

6-Month Rental Trend

Dec 2025
Median Rent:$1,780Median DOM:1New:173Total:247
Jan 2026
Median Rent:$1,800Median DOM:1New:180Total:252
Feb 2026
Median Rent:$1,800Median DOM:1New:160Total:266
Mar 2026
Median Rent:$1,790Median DOM:1New:205Total:281
Apr 2026
Median Rent:$1,750Median DOM:1New:210Total:298
May 2026
Median Rent:$1,755Median DOM:1New:146Total:295

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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