ZIP 60563 Housing Market Report
Chicago Metro
Report period: March 2026
60563 Monthly Market Update – March 2026
ZIP 60563 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$509,900
+2.2%
Median DOM (Sales)
22
0.0%
New Listings (Sales)
21
−56.3%
Median Rent
$2,056
−0.7%
Median DOM (Rental)
1
0.0%
Total Rental Listings
528
−4.0%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (15 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 8 Beds ($2,400,000 median)
Sales Market Overview
Median Price
$509,900
+2.2%
Median DOM
22
0.0%
New Listings
21
−56.3%
Inventory
117
+2.6%
- Average Price: $645,903
- Median Price: $509,900
- Price Range: $112,500 – $2,449,900
- Price per Sq Ft (Avg/Median): $292 / $260
- Square Footage (Avg/Median): 2,100 / 1,929
- Square Footage Range: 675 – 5,180
- Days on Market (Avg/Median): 42 / 22
- Days on Market Range: 2 – 323
- New Listings: 21
- Total Listings: 117
Sales by Property Type
Condo
Avg/Median Price$259,768 / $244,500Range$169,900 – $489,900Price per Sq Ft$232 / $231Sq Ft1,131 / 1,080DOM27 / 17New6Total25
Land
Avg/Median Price$423,733 / $330,000Range$112,500 – $995,000Price per Sq Ft—Sq Ft—DOM189 / 161New0Total6
Multi-Family
Avg/Median Price$2,400,000 / $2,400,000Range$2,400,000 – $2,400,000Price per Sq Ft—Sq Ft—DOM69 / 69New0Total1
Single Family
Avg/Median Price$872,888 / $699,000Range$339,000 – $2,449,900Price per Sq Ft$332 / $317Sq Ft2,628 / 2,544DOM42 / 15New8Total50
Townhouse
Avg/Median Price$585,419 / $499,000Range$280,000 – $1,225,000Price per Sq Ft$280 / $254Sq Ft2,053 / 1,932DOM28 / 22New7Total35
Sales by Bedroom Count
1 Beds
Avg:$188,450Median:$189,000Range:$169,900 – $209,900PSF:$244 / $240Sq Ft:776 / 796DOM:24 / 21New:2Total:8
2 Beds
Avg:$348,803Median:$320,000Range:$215,000 – $675,000PSF:$250 / $237Sq Ft:1,373 / 1,300DOM:29 / 15New:5Total:30
3 Beds
Avg:$599,741Median:$575,000Range:$280,000 – $1,225,000PSF:$294 / $283Sq Ft:2,024 / 1,937DOM:39 / 13New:9Total:43
4 Beds
Avg:$1,150,178Median:$975,000Range:$535,000 – $2,449,900PSF:$359 / $340Sq Ft:3,146 / 2,979DOM:41 / 33New:4Total:23
5 Beds
Avg:$1,068,933Median:$1,050,000Range:$625,000 – $1,399,700PSF:$282 / $277Sq Ft:3,800 / 3,572DOM:16 / 12New:1Total:6
8 Beds
Avg:$2,400,000Median:$2,400,000Range:$2,400,000 – $2,400,000PSF:—Sq Ft:—DOM:69 / 69New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $188,450 | $189,000 | $169,900 – $209,900 | $244 / $240 | 776 / 796 | 24 / 21 | 2 | 8 |
| 2 Beds | $348,803 | $320,000 | $215,000 – $675,000 | $250 / $237 | 1,373 / 1,300 | 29 / 15 | 5 | 30 |
| 3 Beds | $599,741 | $575,000 | $280,000 – $1,225,000 | $294 / $283 | 2,024 / 1,937 | 39 / 13 | 9 | 43 |
| 4 Beds | $1,150,178 | $975,000 | $535,000 – $2,449,900 | $359 / $340 | 3,146 / 2,979 | 41 / 33 | 4 | 23 |
| 5 Beds | $1,068,933 | $1,050,000 | $625,000 – $1,399,700 | $282 / $277 | 3,800 / 3,572 | 16 / 12 | 1 | 6 |
| 8 Beds | $2,400,000 | $2,400,000 | $2,400,000 – $2,400,000 | — | — | 69 / 69 | 0 | 1 |
Rental Market Overview
Median Rent
$2,056
−0.7%
Median DOM
1
0.0%
New Listings
325
Inventory
528
−4.0%
- Average Rent: $2,177
- Median Rent: $2,056
- Rent Range: $1,415 – $8,000
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 985 / 944
- Square Footage Range: 433 – 3,071
- Days on Market (Avg/Median): 9 / 1
- Days on Market Range: 1 – 327
- New Listings: 325
- Total Listings: 528
Rentals by Property Type
Apartment
$1,996
Median DOM: 1
Inventory: 470
MoM: −0.7%
Condo
$2,395
Median DOM: 28
Inventory: 9
MoM: −0.7%
Single Family
$2,599
Median DOM: 22
Inventory: 24
MoM: −0.7%
Townhouse
$2,600
Median DOM: 33
Inventory: 23
MoM: −0.7%
Apartment
Avg/Median Rent$2,087 / $1,996Range$1,415 – $4,360Rent per Sq Ft$2 / $2Sq Ft911 / 875DOM4 / 1New319Total470
Condo
Avg/Median Rent$2,342 / $2,395Range$2,000 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,307 / 1,353DOM47 / 28New2Total9
Multi-Family
Avg/Median Rent$5,300 / $2,600Range$2,600 – $8,000Rent per Sq Ft$2 / $2Sq Ft2,284 / 1,498DOM21 / 11New1Total2
Single Family
Avg/Median Rent$2,959 / $2,599Range$1,500 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,553 / 1,428DOM44 / 22New2Total24
Townhouse
Avg/Median Rent$2,870 / $2,600Range$2,300 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,689 / 1,538DOM55 / 33New1Total23
Rentals by Bedroom Count
Studio
Avg:$1,848Median:$1,815Range:$1,490 – $2,275PSF:$3 / $3Sq Ft:583 / 585DOM:1 / 1New:10Total:17
1 Beds
Avg:$1,880Median:$1,832Range:$1,415 – $3,593PSF:$3 / $3Sq Ft:747 / 750DOM:7 / 1New:125Total:205
2 Beds
Avg:$2,285Median:$2,250Range:$1,500 – $4,360PSF:$2 / $2Sq Ft:1,098 / 1,091DOM:6 / 1New:188Total:278
3 Beds
Avg:$3,444Median:$3,150Range:$1,800 – $8,000PSF:$2 / $2Sq Ft:1,806 / 1,640DOM:55 / 31New:2Total:25
4 Beds
Avg:$3,847Median:$4,250Range:$2,890 – $4,400PSF:$2 / $2Sq Ft:2,310 / 2,402DOM:47 / 60New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,848 | $1,815 | $1,490 – $2,275 | $3 / $3 | 583 / 585 | 1 / 1 | 10 | 17 |
| 1 Beds | $1,880 | $1,832 | $1,415 – $3,593 | $3 / $3 | 747 / 750 | 7 / 1 | 125 | 205 |
| 2 Beds | $2,285 | $2,250 | $1,500 – $4,360 | $2 / $2 | 1,098 / 1,091 | 6 / 1 | 188 | 278 |
| 3 Beds | $3,444 | $3,150 | $1,800 – $8,000 | $2 / $2 | 1,806 / 1,640 | 55 / 31 | 2 | 25 |
| 4 Beds | $3,847 | $4,250 | $2,890 – $4,400 | $2 / $2 | 2,310 / 2,402 | 47 / 60 | 0 | 3 |
6-Month Sales Trend
Oct 2025
Median Price:$439,000Median DOM:48New:45Total:166
Nov 2025
Median Price:$450,000Median DOM:46New:27Total:149
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:$509,900Median DOM:22New:21Total:117
6-Month Rental Trend
Oct 2025
Median Rent:$2,117Median DOM:1New:356Total:562
Nov 2025
Median Rent:$2,168Median DOM:1New:329Total:562
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:$2,056Median DOM:1New:325Total:528
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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