ZIP 60534 Housing Market Report

Chicago Metro

Report period: August 2026

60534 Monthly Market Update – August 2026

ZIP 60534 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$304,900
0.0%
Median DOM (Sales)
6
−33.3%
New Listings (Sales)
12
−25.0%
Median Rent
$1,500
−6.0%
Median DOM (Rental)
36
+414.3%
Total Rental Listings
9
−30.8%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Condo (13 DOM)
  • Strongest bedroom: Studio ($1,300,000 median)

Sales Market Overview

Median Price
$304,900
0.0%
Median DOM
6
−33.3%
New Listings
12
−25.0%
Inventory
51
+2.0%
  • Average Price: $304,235
  • Median Price: $304,900
  • Price Range: $6,000 – $1,300,000
  • Price per Sq Ft (Avg/Median): $227 / $224
  • Square Footage (Avg/Median): 1,616 / 1,341
  • Square Footage Range: 816 – 3,235
  • Days on Market (Avg/Median): 36 / 6
  • Days on Market Range: 1 – 203
  • New Listings: 12
  • Total Listings: 51

Sales by Property Type

Condo
Avg/Median Price$269,667 / $275,000Range$259,000 – $275,000Price per Sq Ft$195 / $229Sq Ft1,507 / 1,200DOM27 / 1New2Total3
Land
Avg/Median Price$58,455 / $6,000Range$6,000 – $365,000Price per Sq FtSq FtDOM136 / 203New1Total11
Multi-Family
Avg/Median Price$791,633 / $675,000Range$399,900 – $1,300,000Price per Sq Ft$333 / $333Sq Ft1,200 / 1,200DOM6 / 1New1Total3
Single Family
Avg/Median Price$343,797 / $325,000Range$89,900 – $570,000Price per Sq Ft$227 / $223Sq Ft1,638 / 1,341DOM30 / 6New8Total34

Sales by Bedroom Count

Studio
Avg:$1,300,000Median:$1,300,000Range:$1,300,000 – $1,300,000PSF:Sq Ft:DOM:16 / 16New:0Total:1
1 Beds
Avg:$275,000Median:$275,000Range:$275,000 – $275,000PSF:$229 / $229Sq Ft:1,200 / 1,200DOM:1 / 1New:1Total:1
2 Beds
Avg:$264,333Median:$259,000Range:$245,000 – $289,000PSF:$295 / $300Sq Ft:917 / 816DOM:31 / 1New:2Total:3
3 Beds
Avg:$306,725Median:$305,000Range:$89,900 – $520,000PSF:$232 / $242Sq Ft:1,450 / 1,199DOM:44 / 9New:2Total:16
4 Beds
Avg:$380,833Median:$359,000Range:$250,000 – $570,000PSF:$209 / $221Sq Ft:1,863 / 1,881DOM:11 / 1New:5Total:15
5 Beds
Avg:$405,000Median:$360,000Range:$360,000 – $450,000PSF:$159 / $138Sq Ft:2,555 / 2,500DOM:70 / 19New:0Total:2
6 Beds
Avg:$399,900Median:$399,900Range:$399,900 – $399,900PSF:$333 / $333Sq Ft:1,200 / 1,200DOM:1 / 1New:1Total:1
7 Beds
Avg:$675,000Median:$675,000Range:$675,000 – $675,000PSF:Sq Ft:DOM:1 / 1New:0Total:1

Rental Market Overview

Median Rent
$1,500
−6.0%
Median DOM
36
+414.3%
New Listings
1
Inventory
9
−30.8%
  • Average Rent: $1,609
  • Median Rent: $1,500
  • Rent Range: $1,150 – $2,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 886 / 820
  • Square Footage Range: 650 – 1,600
  • Days on Market (Avg/Median): 65 / 36
  • Days on Market Range: 8 – 267
  • New Listings: 1
  • Total Listings: 9

Rentals by Property Type

Apartment
$1,350
Median DOM: 28
Inventory: 6
MoM: −6.0%
Condo
$1,495
Median DOM: 13
Inventory: 2
MoM: −6.0%
Single Family
$1,595
Median DOM: 65
Inventory: 1
MoM: −6.0%
Townhouse
Median DOM:
Inventory:
MoM: −6.0%
Apartment
Avg/Median Rent$1,649 / $1,350Range$1,150 – $2,900Rent per Sq Ft$2 / $2Sq Ft892 / 750DOM85 / 28New1Total6
Condo
Avg/Median Rent$1,498 / $1,495Range$1,495 – $1,500Rent per Sq Ft$2 / $2Sq Ft900 / 800DOM26 / 13New0Total2
Single Family
Avg/Median Rent$1,595 / $1,595Range$1,595 – $1,595Rent per Sq Ft$2 / $2Sq Ft820 / 820DOM65 / 65New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,377Median:$1,350Range:$1,150 – $1,595PSF:$2 / $2Sq Ft:734 / 750DOM:31 / 13New:1Total:5
2 Beds
Avg:$1,567Median:$1,600Range:$1,500 – $1,600PSF:$2 / $2Sq Ft:900 / 850DOM:153 / 38New:0Total:3
4 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:$2 / $2Sq Ft:1,600 / 1,600DOM:28 / 28New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$289,500Median DOM:15New:19Total:49
Apr 2026
Median Price:$285,000Median DOM:34New:5Total:44
May 2026
Median Price:$299,000Median DOM:24New:18Total:47
Jun 2026
Median Price:$299,000Median DOM:14New:14Total:46
Jul 2026
Median Price:$304,900Median DOM:9New:16Total:50
Aug 2026
Median Price:$304,900Median DOM:6New:12Total:51

6-Month Rental Trend

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:4New:6Total:16
Jun 2026
Median Rent:$1,595Median DOM:7New:2Total:14
Jul 2026
Median Rent:$1,595Median DOM:7New:2Total:13
Aug 2026
Median Rent:$1,500Median DOM:36New:1Total:9

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving 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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