ZIP 60534 Housing Market Report

Chicago Metro

Report period: May 2026

60534 Monthly Market Update – May 2026

ZIP 60534 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$289,500
+1.6%
Median DOM (Sales)
35
+2.9%
New Listings (Sales)
5
0.0%
Median Rent
$1,595
−0.3%
Median DOM (Rental)
31
+47.6%
Total Rental Listings
13
−13.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (29 DOM)
  • Fastest renting: Condo (4 DOM)
  • Strongest bedroom: 8 Beds ($850,000 median)

Sales Market Overview

Median Price
$289,500
+1.6%
Median DOM
35
+2.9%
New Listings
5
0.0%
Inventory
44
0.0%
  • Average Price: $265,555
  • Median Price: $289,500
  • Price Range: $6,000 – $850,000
  • Price per Sq Ft (Avg/Median): $220 / $224
  • Square Footage (Avg/Median): 1,588 / 1,591
  • Square Footage Range: 806 – 3,000
  • Days on Market (Avg/Median): 44 / 35
  • Days on Market Range: 2 – 178
  • New Listings: 5
  • Total Listings: 44

Sales by Property Type

Condo
Avg/Median Price$275,000 / $275,000Range$275,000 – $275,000Price per Sq Ft$125 / $125Sq Ft2,200 / 2,200DOM41 / 41New0Total1
Land
Avg/Median Price$69,818 / $6,000Range$6,000 – $365,000Price per Sq FtSq FtDOM97 / 112New0Total11
Multi-Family
Avg/Median Price$850,000 / $850,000Range$850,000 – $850,000Price per Sq FtSq FtDOM97 / 97New0Total1
Single Family
Avg/Median Price$315,852 / $309,000Range$69,900 – $499,000Price per Sq Ft$224 / $224Sq Ft1,568 / 1,573DOM38 / 29New5Total31

Sales by Bedroom Count

2 Beds
Avg:$279,733Median:$289,500Range:$230,000 – $325,000PSF:$319 / $313Sq Ft:918 / 864DOM:16 / 8New:1Total:6
3 Beds
Avg:$266,820Median:$290,000Range:$69,900 – $395,000PSF:$211 / $223Sq Ft:1,375 / 1,225DOM:38 / 35New:3Total:15
4 Beds
Avg:$393,570Median:$359,000Range:$215,900 – $499,000PSF:$189 / $172Sq Ft:2,152 / 2,000DOM:48 / 32New:1Total:10
5 Beds
Avg:$450,000Median:$450,000Range:$450,000 – $450,000PSF:$180 / $180Sq Ft:2,500 / 2,500DOM:68 / 68New:0Total:1
8 Beds
Avg:$850,000Median:$850,000Range:$850,000 – $850,000PSF:Sq Ft:DOM:97 / 97New:0Total:1

Rental Market Overview

Median Rent
$1,595
−0.3%
Median DOM
31
+47.6%
New Listings
0
Inventory
13
−13.3%
  • Average Rent: $1,838
  • Median Rent: $1,595
  • Rent Range: $1,175 – $2,995
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,094 / 1,000
  • Square Footage Range: 566 – 2,260
  • Days on Market (Avg/Median): 32 / 31
  • Days on Market Range: 4 – 83
  • New Listings: 0
  • Total Listings: 13

Rentals by Property Type

Apartment
$1,400
Median DOM: 13
Inventory: 5
MoM: −0.3%
Condo
$1,595
Median DOM: 4
Inventory: 2
MoM: −0.3%
Single Family
$1,800
Median DOM: 31
Inventory: 6
MoM: −0.3%
Townhouse
Median DOM:
Inventory:
MoM: −0.3%
Apartment
Avg/Median Rent$1,515 / $1,400Range$1,175 – $2,300Rent per Sq Ft$2 / $2Sq Ft815 / 750DOM18 / 13New0Total5
Condo
Avg/Median Rent$1,898 / $1,595Range$1,595 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,000DOM44 / 4New0Total2
Single Family
Avg/Median Rent$2,087 / $1,800Range$1,400 – $2,995Rent per Sq Ft$2 / $2Sq Ft1,392 / 1,200DOM36 / 31New0Total6

Rentals by Bedroom Count

Studio
Avg:$2,000Median:$2,000Range:$2,000 – $2,000PSF:Sq Ft:DOM:31 / 31New:0Total:1
1 Beds
Avg:$1,258Median:$1,200Range:$1,175 – $1,400PSF:$2 / $2Sq Ft:645 / 620DOM:37 / 37New:0Total:3
2 Beds
Avg:$1,724Median:$1,595Range:$1,500 – $2,200PSF:$2 / $2Sq Ft:962 / 1,000DOM:40 / 34New:0Total:5
3 Beds
Avg:$1,850Median:$1,400Range:$1,400 – $2,300PSF:$2 / $1Sq Ft:1,168 / 1,137DOM:33 / 13New:0Total:2
4 Beds
Avg:$2,898Median:$2,800Range:$2,800 – $2,995PSF:$2 / $1Sq Ft:1,955 / 1,650DOM:13 / 8New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$229,900Median DOM:63New:3Total:43
Jan 2026
Median Price:$260,000Median DOM:29New:10Total:44
Feb 2026
Median Price:$199,900Median DOM:19New:8Total:33
Mar 2026
Median Price:$289,500Median DOM:15New:19Total:49
Apr 2026
Median Price:$285,000Median DOM:34New:5Total:44
May 2026
Median Price:$289,500Median DOM:35New:5Total:44

6-Month Rental Trend

Dec 2025
Median Rent:$1,500Median DOM:17New:1Total:6
Jan 2026
Median Rent:$1,500Median DOM:48New:1Total:5
Feb 2026
Median Rent:$1,600Median DOM:12New:7Total:12
Mar 2026
Median Rent:$1,900Median DOM:17New:7Total:19
Apr 2026
Median Rent:$1,600Median DOM:21New:4Total:15
May 2026
Median Rent:$1,595Median DOM:31New:0Total:13

Key Market Takeaways

Median sale prices moved higher this month while inventory remained stable. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, 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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