ZIP 60563 Housing Market Report
Chicago Metro
Report period: May 2026
60563 Monthly Market Update – May 2026
ZIP 60563 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$574,856
−0.0%
Median DOM (Sales)
12
−25.0%
New Listings (Sales)
39
−35.0%
Median Rent
$2,079
+0.0%
Median DOM (Rental)
1
0.0%
Total Rental Listings
711
+2.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,400,000 median)
Sales Market Overview
Median Price
$574,856
−0.0%
Median DOM
12
−25.0%
New Listings
39
−35.0%
Inventory
162
+8.7%
- Average Price: $666,250
- Median Price: $574,856
- Price Range: $140,000 – $2,500,000
- Price per Sq Ft (Avg/Median): $299 / $266
- Square Footage (Avg/Median): 2,108 / 1,992
- Square Footage Range: 675 – 5,298
- Days on Market (Avg/Median): 32 / 12
- Days on Market Range: 2 – 231
- New Listings: 39
- Total Listings: 162
Sales by Property Type
Condo
Avg/Median Price$247,576 / $231,900Range$140,000 – $479,000Price per Sq Ft$239 / $238Sq Ft1,052 / 1,036DOM26 / 12New6Total34
Land
Avg/Median Price$486,960 / $345,000Range$324,900 – $995,000Price per Sq Ft—Sq Ft—DOM152 / 179New0Total5
Multi-Family
Avg/Median Price$2,400,000 / $2,400,000Range$2,400,000 – $2,400,000Price per Sq Ft—Sq Ft—DOM119 / 119New0Total1
Single Family
Avg/Median Price$894,804 / $729,900Range$319,000 – $2,500,000Price per Sq Ft$331 / $314Sq Ft2,664 / 2,576DOM35 / 16New9Total68
Townhouse
Avg/Median Price$626,546 / $589,900Range$295,000 – $1,449,990Price per Sq Ft$296 / $265Sq Ft2,082 / 2,062DOM19 / 7New24Total54
Sales by Bedroom Count
1 Beds
Avg:$185,783Median:$174,900Range:$140,000 – $230,000PSF:$251 / $240Sq Ft:745 / 741DOM:30 / 18New:3Total:12
2 Beds
Avg:$351,674Median:$329,900Range:$215,000 – $650,000PSF:$242 / $237Sq Ft:1,461 / 1,353DOM:22 / 12New:9Total:43
3 Beds
Avg:$643,675Median:$590,000Range:$295,000 – $1,449,990PSF:$319 / $305Sq Ft:2,006 / 1,992DOM:28 / 8New:19Total:53
4 Beds
Avg:$995,196Median:$809,500Range:$499,000 – $2,449,900PSF:$334 / $317Sq Ft:2,941 / 2,736DOM:35 / 14New:5Total:39
5 Beds
Avg:$1,424,322Median:$1,000,000Range:$500,000 – $2,500,000PSF:$351 / $278Sq Ft:3,862 / 3,600DOM:16 / 12New:3Total:9
8 Beds
Avg:$2,400,000Median:$2,400,000Range:$2,400,000 – $2,400,000PSF:—Sq Ft:—DOM:119 / 119New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $185,783 | $174,900 | $140,000 – $230,000 | $251 / $240 | 745 / 741 | 30 / 18 | 3 | 12 |
| 2 Beds | $351,674 | $329,900 | $215,000 – $650,000 | $242 / $237 | 1,461 / 1,353 | 22 / 12 | 9 | 43 |
| 3 Beds | $643,675 | $590,000 | $295,000 – $1,449,990 | $319 / $305 | 2,006 / 1,992 | 28 / 8 | 19 | 53 |
| 4 Beds | $995,196 | $809,500 | $499,000 – $2,449,900 | $334 / $317 | 2,941 / 2,736 | 35 / 14 | 5 | 39 |
| 5 Beds | $1,424,322 | $1,000,000 | $500,000 – $2,500,000 | $351 / $278 | 3,862 / 3,600 | 16 / 12 | 3 | 9 |
| 8 Beds | $2,400,000 | $2,400,000 | $2,400,000 – $2,400,000 | — | — | 119 / 119 | 0 | 1 |
Rental Market Overview
Median Rent
$2,079
+0.0%
Median DOM
1
0.0%
New Listings
364
Inventory
711
+2.2%
- Average Rent: $2,176
- Median Rent: $2,079
- Rent Range: $800 – $8,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 985 / 944
- Square Footage Range: 433 – 3,152
- Days on Market (Avg/Median): 7 / 1
- Days on Market Range: 1 – 349
- New Listings: 364
- Total Listings: 711
Rentals by Property Type
Apartment
$2,034
Median DOM: 1
Inventory: 628
MoM: +0.0%
Condo
$2,250
Median DOM: 27
Inventory: 11
MoM: +0.0%
Single Family
$2,500
Median DOM: 9
Inventory: 43
MoM: +0.0%
Townhouse
$2,600
Median DOM: 22
Inventory: 27
MoM: +0.0%
Apartment
Avg/Median Rent$2,094 / $2,034Range$1,410 – $4,020Rent per Sq Ft$2 / $2Sq Ft915 / 888DOM4 / 1New339Total628
Condo
Avg/Median Rent$2,136 / $2,250Range$1,525 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,148 / 1,224DOM34 / 27New1Total11
Multi-Family
Avg/Median Rent$5,350 / $2,700Range$2,700 – $8,000Rent per Sq Ft$2 / $2Sq Ft2,166 / 1,260DOM37 / 13New1Total2
Single Family
Avg/Median Rent$2,773 / $2,500Range$800 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,508 / 1,392DOM27 / 9New18Total43
Townhouse
Avg/Median Rent$2,918 / $2,600Range$2,100 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,725 / 1,542DOM40 / 22New5Total27
Rentals by Bedroom Count
Studio
Avg:$1,791Median:$1,845Range:$1,410 – $2,275PSF:$3 / $3Sq Ft:562 / 540DOM:1 / 1New:17Total:24
1 Beds
Avg:$1,882Median:$1,847Range:$1,415 – $3,593PSF:$3 / $3Sq Ft:752 / 765DOM:6 / 1New:154Total:286
2 Beds
Avg:$2,283Median:$2,295Range:$800 – $4,020PSF:$2 / $2Sq Ft:1,102 / 1,091DOM:5 / 1New:183Total:362
3 Beds
Avg:$3,540Median:$3,150Range:$2,600 – $8,000PSF:$2 / $2Sq Ft:1,779 / 1,665DOM:41 / 14New:10Total:31
4 Beds
Avg:$3,681Median:$3,750Range:$1,200 – $5,500PSF:$2 / $2Sq Ft:2,301 / 2,460DOM:26 / 14New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,791 | $1,845 | $1,410 – $2,275 | $3 / $3 | 562 / 540 | 1 / 1 | 17 | 24 |
| 1 Beds | $1,882 | $1,847 | $1,415 – $3,593 | $3 / $3 | 752 / 765 | 6 / 1 | 154 | 286 |
| 2 Beds | $2,283 | $2,295 | $800 – $4,020 | $2 / $2 | 1,102 / 1,091 | 5 / 1 | 183 | 362 |
| 3 Beds | $3,540 | $3,150 | $2,600 – $8,000 | $2 / $2 | 1,779 / 1,665 | 41 / 14 | 10 | 31 |
| 4 Beds | $3,681 | $3,750 | $1,200 – $5,500 | $2 / $2 | 2,301 / 2,460 | 26 / 14 | 0 | 8 |
6-Month Sales Trend
Dec 2025
Median Price:$479,000Median DOM:45New:34Total:147
Jan 2026
Median Price:$524,900Median DOM:33New:41Total:123
Feb 2026
Median Price:$499,000Median DOM:22New:48Total:114
Mar 2026
Median Price:$460,000Median DOM:19New:54Total:131
Apr 2026
Median Price:$574,900Median DOM:16New:60Total:149
May 2026
Median Price:$574,856Median DOM:12New:39Total:162
6-Month Rental Trend
Dec 2025
Median Rent:$2,164Median DOM:1New:306Total:510
Jan 2026
Median Rent:$2,106Median DOM:1New:344Total:506
Feb 2026
Median Rent:$2,070Median DOM:1New:383Total:550
Mar 2026
Median Rent:$2,042Median DOM:1New:422Total:568
Apr 2026
Median Rent:$2,078Median DOM:1New:511Total:696
May 2026
Median Rent:$2,079Median DOM:1New:364Total:711
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 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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