ZIP 60561 Housing Market Report

Chicago Metro

Report period: March 2026

60561 Monthly Market Update – March 2026

ZIP 60561 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$459,000
−2.1%
Median DOM (Sales)
13
0.0%
New Listings (Sales)
6
−76.9%
Median Rent
$2,202
+10.4%
Median DOM (Rental)
17
−10.5%
Total Rental Listings
23
+4.5%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (8 DOM)
  • Fastest renting: Townhouse (11 DOM)
  • Strongest bedroom: 5 Beds ($649,999 median)

Sales Market Overview

Median Price
$459,000
−2.1%
Median DOM
13
0.0%
New Listings
6
−76.9%
Inventory
60
+7.1%
  • Average Price: $533,342
  • Median Price: $459,000
  • Price Range: $249,900 – $1,499,000
  • Price per Sq Ft (Avg/Median): $247 / $250
  • Square Footage (Avg/Median): 2,229 / 1,790
  • Square Footage Range: 1,022 – 6,800
  • Days on Market (Avg/Median): 27 / 13
  • Days on Market Range: 2 – 159
  • New Listings: 6
  • Total Listings: 60

Sales by Property Type

Condo
Avg/Median Price$329,164 / $300,000Range$255,000 – $450,000Price per Sq Ft$248 / $241Sq Ft1,327 / 1,358DOM37 / 15New3Total14
Land
Avg/Median Price$483,300 / $500,000Range$249,900 – $700,000Price per Sq FtSq FtDOM41 / 30New0Total3
Single Family
Avg/Median Price$671,168 / $620,000Range$360,000 – $1,499,000Price per Sq Ft$250 / $251Sq Ft2,779 / 2,376DOM22 / 12New3Total31
Townhouse
Avg/Median Price$428,008 / $394,500Range$349,900 – $629,900Price per Sq Ft$240 / $232Sq Ft1,858 / 1,749DOM26 / 8New0Total12

Sales by Bedroom Count

2 Beds
Avg:$357,278Median:$350,000Range:$255,000 – $488,000PSF:$253 / $250Sq Ft:1,419 / 1,360DOM:26 / 9New:3Total:18
3 Beds
Avg:$437,659Median:$419,000Range:$300,000 – $675,000PSF:$255 / $254Sq Ft:1,745 / 1,682DOM:27 / 12New:0Total:17
4 Beds
Avg:$738,441Median:$635,000Range:$399,000 – $1,499,000PSF:$233 / $234Sq Ft:3,260 / 2,800DOM:25 / 16New:3Total:17
5 Beds
Avg:$825,180Median:$649,999Range:$600,000 – $1,487,000PSF:$247 / $233Sq Ft:3,283 / 2,744DOM:32 / 22New:0Total:5

Rental Market Overview

Median Rent
$2,202
+10.4%
Median DOM
17
−10.5%
New Listings
3
Inventory
23
+4.5%
  • Average Rent: $2,327
  • Median Rent: $2,202
  • Rent Range: $1,500 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,266 / 1,255
  • Square Footage Range: 300 – 2,423
  • Days on Market (Avg/Median): 40 / 17
  • Days on Market Range: 1 – 346
  • New Listings: 3
  • Total Listings: 23

Rentals by Property Type

Apartment
$1,850
Median DOM: 21
Inventory: 10
MoM: +10.4%
Condo
$2,100
Median DOM: 12
Inventory: 3
MoM: +10.4%
Single Family
$3,400
Median DOM: 14
Inventory: 6
MoM: +10.4%
Townhouse
$2,325
Median DOM: 11
Inventory: 4
MoM: +10.4%
Apartment
Avg/Median Rent$1,814 / $1,850Range$1,525 – $2,202Rent per Sq Ft$2 / $2Sq Ft842 / 800DOM65 / 21New0Total10
Condo
Avg/Median Rent$2,000 / $2,100Range$1,500 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,164 / 1,348DOM21 / 12New1Total3
Single Family
Avg/Median Rent$3,325 / $3,400Range$2,500 – $4,000Rent per Sq Ft$2 / $2Sq Ft1,947 / 2,000DOM33 / 14New1Total6
Townhouse
Avg/Median Rent$2,356 / $2,325Range$2,300 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,381 / 1,400DOM18 / 11New1Total4

Rentals by Bedroom Count

Studio
Avg:$1,589Median:$1,589Range:$1,589 – $1,589PSF:$5 / $5Sq Ft:300 / 300DOM:1 / 1New:0Total:1
1 Beds
Avg:$1,667Median:$1,550Range:$1,500 – $1,950PSF:$2 / $2Sq Ft:740 / 730DOM:24 / 12New:0Total:3
2 Beds
Avg:$2,075Median:$2,100Range:$1,525 – $2,400PSF:$2 / $2Sq Ft:1,147 / 1,255DOM:50 / 18New:2Total:13
3 Beds
Avg:$2,650Median:$2,500Range:$2,500 – $2,800PSF:$2 / $2Sq Ft:1,299 / 1,200DOM:25 / 14New:0Total:2
4 Beds
Avg:$3,662Median:$3,500Range:$3,400 – $4,000PSF:$2 / $2Sq Ft:2,271 / 2,310DOM:37 / 9New:1Total:4

6-Month Sales Trend

Oct 2025
Median Price:$435,000Median DOM:33New:34Total:103
Nov 2025
Median Price:$429,000Median DOM:37New:22Total:93
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:$459,000Median DOM:13New:6Total:60

6-Month Rental Trend

Oct 2025
Median Rent:$2,200Median DOM:32New:4Total:32
Nov 2025
Median Rent:$2,143Median DOM:59New:2Total:20
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:$2,202Median DOM:17New:3Total:23

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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