ZIP 60561 Housing Market Report
Chicago Metro
Report period: August 2026
60561 Monthly Market Update – August 2026
ZIP 60561 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$450,000
−2.2%
Median DOM (Sales)
1
−75.0%
New Listings (Sales)
29
−45.3%
Median Rent
$2,350
+3.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
37
−2.6%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Land (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($1,024,990 median)
Sales Market Overview
Median Price
$450,000
−2.2%
Median DOM
1
−75.0%
New Listings
29
−45.3%
Inventory
100
+2.0%
- Average Price: $495,077
- Median Price: $450,000
- Price Range: $165,000 – $1,249,990
- Price per Sq Ft (Avg/Median): $254 / $250
- Square Footage (Avg/Median): 2,059 / 1,800
- Square Footage Range: 725 – 7,650
- Days on Market (Avg/Median): 13 / 1
- Days on Market Range: 1 – 124
- New Listings: 29
- Total Listings: 100
Sales by Property Type
Condo
Avg/Median Price$304,541 / $299,000Range$165,000 – $399,900Price per Sq Ft$238 / $229Sq Ft1,298 / 1,358DOM33 / 18New4Total16
Land
Avg/Median Price$249,900 / $249,900Range$249,900 – $249,900Price per Sq Ft—Sq Ft—DOM1 / 1New1Total1
Single Family
Avg/Median Price$619,303 / $549,500Range$346,750 – $1,249,990Price per Sq Ft$262 / $258Sq Ft2,558 / 2,176DOM8 / 1New16Total51
Townhouse
Avg/Median Price$400,022 / $395,000Range$285,000 – $550,000Price per Sq Ft$248 / $243Sq Ft1,642 / 1,704DOM10 / 1New8Total32
Sales by Bedroom Count
1 Beds
Avg:$165,000Median:$165,000Range:$165,000 – $165,000PSF:$228 / $228Sq Ft:725 / 725DOM:11 / 11New:0Total:1
2 Beds
Avg:$346,096Median:$350,000Range:$219,000 – $450,000PSF:$249 / $250Sq Ft:1,414 / 1,369DOM:20 / 3New:5Total:25
3 Beds
Avg:$447,427Median:$450,000Range:$284,900 – $619,900PSF:$265 / $255Sq Ft:1,710 / 1,704DOM:12 / 2New:14Total:45
4 Beds
Avg:$685,073Median:$599,900Range:$440,000 – $1,249,990PSF:$250 / $250Sq Ft:2,837 / 2,459DOM:6 / 1New:7Total:23
5 Beds
Avg:$909,898Median:$1,024,990Range:$549,500 – $1,100,000PSF:$193 / $184Sq Ft:5,103 / 5,566DOM:10 / 6New:2Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $165,000 | $165,000 | $165,000 – $165,000 | $228 / $228 | 725 / 725 | 11 / 11 | 0 | 1 |
| 2 Beds | $346,096 | $350,000 | $219,000 – $450,000 | $249 / $250 | 1,414 / 1,369 | 20 / 3 | 5 | 25 |
| 3 Beds | $447,427 | $450,000 | $284,900 – $619,900 | $265 / $255 | 1,710 / 1,704 | 12 / 2 | 14 | 45 |
| 4 Beds | $685,073 | $599,900 | $440,000 – $1,249,990 | $250 / $250 | 2,837 / 2,459 | 6 / 1 | 7 | 23 |
| 5 Beds | $909,898 | $1,024,990 | $549,500 – $1,100,000 | $193 / $184 | 5,103 / 5,566 | 10 / 6 | 2 | 5 |
Rental Market Overview
Median Rent
$2,350
+3.7%
Median DOM
1
0.0%
New Listings
10
Inventory
37
−2.6%
- Average Rent: $2,386
- Median Rent: $2,350
- Rent Range: $1,500 – $5,200
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,336 / 1,255
- Square Footage Range: 300 – 3,905
- Days on Market (Avg/Median): 23 / 1
- Days on Market Range: 1 – 188
- New Listings: 10
- Total Listings: 37
Rentals by Property Type
Apartment
$2,254
Median DOM: 1
Inventory: 24
MoM: +3.7%
Condo
$1,850
Median DOM: 40
Inventory: 3
MoM: +3.7%
Single Family
$2,900
Median DOM: 6
Inventory: 8
MoM: +3.7%
Townhouse
$2,500
Median DOM: 1
Inventory: 2
MoM: +3.7%
Apartment
Avg/Median Rent$2,129 / $2,254Range$1,550 – $2,700Rent per Sq Ft$2 / $2Sq Ft1,144 / 1,255DOM23 / 1New6Total24
Condo
Avg/Median Rent$1,900 / $1,850Range$1,500 – $2,350Rent per Sq Ft$2 / $2Sq Ft939 / 972DOM29 / 40New1Total3
Single Family
Avg/Median Rent$3,249 / $2,900Range$1,700 – $5,200Rent per Sq Ft$2 / $2Sq Ft2,030 / 1,598DOM24 / 6New2Total8
Townhouse
Avg/Median Rent$2,750 / $2,500Range$2,500 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,462 / 1,300DOM7 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$2,098Median:$2,098Range:$2,098 – $2,098PSF:$7 / $7Sq Ft:300 / 300DOM:1 / 1New:1Total:1
1 Beds
Avg:$1,598Median:$1,595Range:$1,500 – $1,700PSF:$2 / $2Sq Ft:746 / 750DOM:40 / 44New:0Total:3
2 Beds
Avg:$2,129Median:$2,254Range:$1,550 – $2,700PSF:$2 / $2Sq Ft:1,156 / 1,255DOM:24 / 1New:5Total:22
3 Beds
Avg:$2,609Median:$2,500Range:$2,350 – $3,000PSF:$2 / $2Sq Ft:1,561 / 1,604DOM:8 / 1New:3Total:7
4 Beds
Avg:$4,074Median:$3,850Range:$3,250 – $5,200PSF:$2 / $2Sq Ft:2,632 / 2,427DOM:36 / 23New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,098 | $2,098 | $2,098 – $2,098 | $7 / $7 | 300 / 300 | 1 / 1 | 1 | 1 |
| 1 Beds | $1,598 | $1,595 | $1,500 – $1,700 | $2 / $2 | 746 / 750 | 40 / 44 | 0 | 3 |
| 2 Beds | $2,129 | $2,254 | $1,550 – $2,700 | $2 / $2 | 1,156 / 1,255 | 24 / 1 | 5 | 22 |
| 3 Beds | $2,609 | $2,500 | $2,350 – $3,000 | $2 / $2 | 1,561 / 1,604 | 8 / 1 | 3 | 7 |
| 4 Beds | $4,074 | $3,850 | $3,250 – $5,200 | $2 / $2 | 2,632 / 2,427 | 36 / 23 | 1 | 4 |
6-Month Sales Trend
Mar 2026
Median Price:$485,000Median DOM:13New:24Total:59
Apr 2026
Median Price:$439,000Median DOM:15New:28Total:71
May 2026
Median Price:$479,900Median DOM:6New:28Total:79
Jun 2026
Median Price:$465,000Median DOM:6New:46Total:87
Jul 2026
Median Price:$460,000Median DOM:4New:53Total:98
Aug 2026
Median Price:$450,000Median DOM:1New:29Total:100
6-Month Rental Trend
Mar 2026
Median Rent:$2,259Median DOM:14New:13Total:29
Apr 2026
Median Rent:$2,268Median DOM:17New:14Total:33
May 2026
Median Rent:$2,275Median DOM:5New:14Total:37
Jun 2026
Median Rent:$2,254Median DOM:1New:18Total:33
Jul 2026
Median Rent:$2,266Median DOM:1New:19Total:38
Aug 2026
Median Rent:$2,350Median DOM:1New:10Total:37
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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