ZIP 60561 Housing Market Report
Chicago Metro
Report period: May 2026
60561 Monthly Market Update – May 2026
ZIP 60561 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$450,000
+2.5%
Median DOM (Sales)
9
−40.0%
New Listings (Sales)
7
−75.0%
Median Rent
$2,275
+0.3%
Median DOM (Rental)
14
−17.6%
Total Rental Listings
35
+6.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (6 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 5 Beds ($749,900 median)
Sales Market Overview
Median Price
$450,000
+2.5%
Median DOM
9
−40.0%
New Listings
7
−75.0%
Inventory
78
+9.9%
- Average Price: $510,305
- Median Price: $450,000
- Price Range: $185,000 – $1,295,000
- Price per Sq Ft (Avg/Median): $255 / $250
- Square Footage (Avg/Median): 2,079 / 1,815
- Square Footage Range: 1,022 – 6,005
- Days on Market (Avg/Median): 21 / 9
- Days on Market Range: 2 – 123
- New Listings: 7
- Total Listings: 78
Sales by Property Type
Condo
Avg/Median Price$324,037 / $320,000Range$185,000 – $429,500Price per Sq Ft$243 / $246Sq Ft1,341 / 1,358DOM26 / 21New1Total19
Land
Avg/Median Price$524,000 / $449,000Range$449,000 – $599,000Price per Sq Ft—Sq Ft—DOM29 / 29New0Total2
Single Family
Avg/Median Price$610,083 / $535,000Range$299,000 – $1,295,000Price per Sq Ft$264 / $265Sq Ft2,455 / 2,097DOM18 / 6New5Total44
Townhouse
Avg/Median Price$442,723 / $415,000Range$345,000 – $675,000Price per Sq Ft$242 / $243Sq Ft1,914 / 1,704DOM21 / 14New1Total13
Sales by Bedroom Count
2 Beds
Avg:$341,221Median:$345,000Range:$185,000 – $488,000PSF:$245 / $243Sq Ft:1,393 / 1,419DOM:26 / 21New:0Total:19
3 Beds
Avg:$452,571Median:$425,000Range:$275,000 – $735,000PSF:$279 / $271Sq Ft:1,680 / 1,665DOM:14 / 6New:6Total:31
4 Beds
Avg:$657,635Median:$595,000Range:$400,000 – $1,079,000PSF:$234 / $229Sq Ft:2,868 / 2,444DOM:28 / 16New:1Total:22
5 Beds
Avg:$943,725Median:$749,900Range:$629,999 – $1,295,000PSF:$226 / $214Sq Ft:4,278 / 3,600DOM:7 / 6New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $341,221 | $345,000 | $185,000 – $488,000 | $245 / $243 | 1,393 / 1,419 | 26 / 21 | 0 | 19 |
| 3 Beds | $452,571 | $425,000 | $275,000 – $735,000 | $279 / $271 | 1,680 / 1,665 | 14 / 6 | 6 | 31 |
| 4 Beds | $657,635 | $595,000 | $400,000 – $1,079,000 | $234 / $229 | 2,868 / 2,444 | 28 / 16 | 1 | 22 |
| 5 Beds | $943,725 | $749,900 | $629,999 – $1,295,000 | $226 / $214 | 4,278 / 3,600 | 7 / 6 | 0 | 4 |
Rental Market Overview
Median Rent
$2,275
+0.3%
Median DOM
14
−17.6%
New Listings
7
Inventory
35
+6.1%
- Average Rent: $2,413
- Median Rent: $2,275
- Rent Range: $1,525 – $3,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,350 / 1,255
- Square Footage Range: 300 – 3,196
- Days on Market (Avg/Median): 22 / 14
- Days on Market Range: 1 – 97
- New Listings: 7
- Total Listings: 35
Rentals by Property Type
Apartment
$1,895
Median DOM: 1
Inventory: 18
MoM: +0.3%
Condo
$1,600
Median DOM: 43
Inventory: 2
MoM: +0.3%
Single Family
$3,199
Median DOM: 18
Inventory: 9
MoM: +0.3%
Townhouse
$2,750
Median DOM: 16
Inventory: 6
MoM: +0.3%
Apartment
Avg/Median Rent$2,066 / $1,895Range$1,525 – $2,754Rent per Sq Ft$2 / $2Sq Ft1,068 / 1,000DOM19 / 1New5Total18
Condo
Avg/Median Rent$1,850 / $1,600Range$1,600 – $2,100Rent per Sq Ft$2 / $2Sq Ft1,108 / 868DOM48 / 43New0Total2
Single Family
Avg/Median Rent$3,021 / $3,199Range$1,995 – $3,950Rent per Sq Ft$2 / $2Sq Ft1,874 / 1,872DOM24 / 18New1Total9
Townhouse
Avg/Median Rent$2,729 / $2,750Range$2,325 – $2,900Rent per Sq Ft$2 / $2Sq Ft1,516 / 1,450DOM17 / 16New1Total6
Rentals by Bedroom Count
Studio
Avg:$2,129Median:$2,129Range:$2,129 – $2,129PSF:$7 / $7Sq Ft:300 / 300DOM:1 / 1New:0Total:1
1 Beds
Avg:$1,600Median:$1,600Range:$1,600 – $1,600PSF:$2 / $2Sq Ft:868 / 868DOM:43 / 43New:0Total:1
2 Beds
Avg:$2,175Median:$2,195Range:$1,525 – $2,900PSF:$2 / $2Sq Ft:1,149 / 1,100DOM:23 / 14New:6Total:23
3 Beds
Avg:$2,942Median:$2,754Range:$2,259 – $3,950PSF:$2 / $2Sq Ft:1,614 / 1,604DOM:9 / 1New:1Total:6
4 Beds
Avg:$3,262Median:$3,200Range:$3,100 – $3,500PSF:$1 / $1Sq Ft:2,441 / 2,268DOM:33 / 21New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,129 | $2,129 | $2,129 – $2,129 | $7 / $7 | 300 / 300 | 1 / 1 | 0 | 1 |
| 1 Beds | $1,600 | $1,600 | $1,600 – $1,600 | $2 / $2 | 868 / 868 | 43 / 43 | 0 | 1 |
| 2 Beds | $2,175 | $2,195 | $1,525 – $2,900 | $2 / $2 | 1,149 / 1,100 | 23 / 14 | 6 | 23 |
| 3 Beds | $2,942 | $2,754 | $2,259 – $3,950 | $2 / $2 | 1,614 / 1,604 | 9 / 1 | 1 | 6 |
| 4 Beds | $3,262 | $3,200 | $3,100 – $3,500 | $1 / $1 | 2,441 / 2,268 | 33 / 21 | 0 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$414,900Median DOM:42New:8Total:76
Jan 2026
Median Price:$459,000Median DOM:29New:23Total:65
Feb 2026
Median Price:$469,000Median DOM:13New:26Total:56
Mar 2026
Median Price:$485,000Median DOM:13New:24Total:59
Apr 2026
Median Price:$439,000Median DOM:15New:28Total:71
May 2026
Median Price:$450,000Median DOM:9New:7Total:78
6-Month Rental Trend
Dec 2025
Median Rent:$2,182Median DOM:30New:5Total:19
Jan 2026
Median Rent:$2,300Median DOM:36New:6Total:19
Feb 2026
Median Rent:$1,995Median DOM:19New:7Total:22
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:14New:7Total:35
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory increased.
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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