ZIP 60565 Housing Market Report
Chicago Metro
Report period: August 2026
60565 Monthly Market Update – August 2026
ZIP 60565 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$650,000
+1.6%
Median DOM (Sales)
1
0.0%
New Listings (Sales)
51
−44.0%
Median Rent
$2,308
−4.3%
Median DOM (Rental)
1
0.0%
Total Rental Listings
87
−1.1%
Month-over-Month Movement
Median sale prices moved higher. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (1 DOM)
- Fastest renting: Apartment (1 DOM)
- Strongest bedroom: 7 Beds ($1,295,000 median)
Sales Market Overview
Median Price
$650,000
+1.6%
Median DOM
1
0.0%
New Listings
51
−44.0%
Inventory
147
−3.9%
- Average Price: $686,464
- Median Price: $650,000
- Price Range: $149,900 – $3,275,000
- Price per Sq Ft (Avg/Median): $274 / $270
- Square Footage (Avg/Median): 2,534 / 2,261
- Square Footage Range: 550 – 10,305
- Days on Market (Avg/Median): 16 / 1
- Days on Market Range: 1 – 323
- New Listings: 51
- Total Listings: 147
Sales by Property Type
Condo
Avg/Median Price$260,962 / $215,000Range$149,900 – $779,000Price per Sq Ft$245 / $236Sq Ft1,050 / 927DOM21 / 6New7Total21
Land
Avg/Median Price$590,000 / $590,000Range$590,000 – $590,000Price per Sq Ft—Sq Ft—DOM323 / 323New0Total1
Single Family
Avg/Median Price$809,344 / $725,000Range$350,000 – $3,275,000Price per Sq Ft$281 / $284Sq Ft2,953 / 2,769DOM13 / 1New40Total109
Townhouse
Avg/Median Price$413,844 / $405,000Range$314,900 – $700,000Price per Sq Ft$261 / $266Sq Ft1,627 / 1,582DOM10 / 5New4Total16
Sales by Bedroom Count
1 Beds
Avg:$180,760Median:$164,900Range:$149,900 – $215,000PSF:$253 / $226Sq Ft:730 / 743DOM:8 / 1New:2Total:5
2 Beds
Avg:$299,156Median:$269,900Range:$179,900 – $474,900PSF:$256 / $250Sq Ft:1,191 / 1,051DOM:14 / 6New:7Total:25
3 Beds
Avg:$493,456Median:$469,900Range:$335,000 – $779,000PSF:$288 / $287Sq Ft:1,766 / 1,727DOM:19 / 1New:10Total:27
4 Beds
Avg:$797,508Median:$730,000Range:$475,000 – $2,295,000PSF:$277 / $285Sq Ft:2,922 / 2,800DOM:12 / 1New:22Total:65
5 Beds
Avg:$1,119,600Median:$999,999Range:$475,500 – $3,275,000PSF:$275 / $260Sq Ft:4,031 / 3,433DOM:10 / 1New:10Total:22
6 Beds
Avg:$850,000Median:$850,000Range:$850,000 – $850,000PSF:$216 / $216Sq Ft:3,929 / 3,929DOM:1 / 1New:0Total:1
7 Beds
Avg:$1,295,000Median:$1,295,000Range:$1,295,000 – $1,295,000PSF:$206 / $206Sq Ft:6,300 / 6,300DOM:81 / 81New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $180,760 | $164,900 | $149,900 – $215,000 | $253 / $226 | 730 / 743 | 8 / 1 | 2 | 5 |
| 2 Beds | $299,156 | $269,900 | $179,900 – $474,900 | $256 / $250 | 1,191 / 1,051 | 14 / 6 | 7 | 25 |
| 3 Beds | $493,456 | $469,900 | $335,000 – $779,000 | $288 / $287 | 1,766 / 1,727 | 19 / 1 | 10 | 27 |
| 4 Beds | $797,508 | $730,000 | $475,000 – $2,295,000 | $277 / $285 | 2,922 / 2,800 | 12 / 1 | 22 | 65 |
| 5 Beds | $1,119,600 | $999,999 | $475,500 – $3,275,000 | $275 / $260 | 4,031 / 3,433 | 10 / 1 | 10 | 22 |
| 6 Beds | $850,000 | $850,000 | $850,000 – $850,000 | $216 / $216 | 3,929 / 3,929 | 1 / 1 | 0 | 1 |
| 7 Beds | $1,295,000 | $1,295,000 | $1,295,000 – $1,295,000 | $206 / $206 | 6,300 / 6,300 | 81 / 81 | 0 | 1 |
Rental Market Overview
Median Rent
$2,308
−4.3%
Median DOM
1
0.0%
New Listings
42
Inventory
87
−1.1%
- Average Rent: $2,534
- Median Rent: $2,308
- Rent Range: $1,650 – $5,950
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,394 / 1,100
- Square Footage Range: 775 – 4,000
- Days on Market (Avg/Median): 21 / 1
- Days on Market Range: 1 – 332
- New Listings: 42
- Total Listings: 87
Rentals by Property Type
Apartment
$1,900
Median DOM: 1
Inventory: 30
MoM: −4.3%
Condo
$1,875
Median DOM: 1
Inventory: 15
MoM: −4.3%
Single Family
$3,195
Median DOM: 3
Inventory: 32
MoM: −4.3%
Townhouse
$2,800
Median DOM: 10
Inventory: 8
MoM: −4.3%
Apartment
Avg/Median Rent$2,033 / $1,900Range$1,650 – $2,418Rent per Sq Ft$2 / $2Sq Ft953 / 1,000DOM21 / 1New19Total30
Condo
Avg/Median Rent$1,885 / $1,875Range$1,699 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,057 / 980DOM18 / 1New10Total15
Multi-Family
Avg/Median Rent$3,298 / $2,900Range$2,900 – $3,695Rent per Sq Ft$2 / $2Sq Ft1,674 / 1,314DOM5 / 1New1Total2
Single Family
Avg/Median Rent$3,199 / $3,195Range$1,750 – $5,950Rent per Sq Ft$2 / $2Sq Ft1,876 / 1,758DOM26 / 3New12Total32
Townhouse
Avg/Median Rent$2,775 / $2,800Range$2,600 – $2,975Rent per Sq Ft$2 / $2Sq Ft1,628 / 1,600DOM15 / 10New0Total8
Rentals by Bedroom Count
1 Beds
Avg:$1,791Median:$1,807Range:$1,650 – $1,898PSF:$2 / $2Sq Ft:813 / 800DOM:34 / 1New:7Total:13
2 Beds
Avg:$2,071Median:$1,900Range:$1,699 – $2,850PSF:$2 / $2Sq Ft:1,051 / 1,000DOM:16 / 1New:24Total:39
3 Beds
Avg:$2,897Median:$2,850Range:$2,450 – $3,695PSF:$2 / $2Sq Ft:1,524 / 1,600DOM:25 / 15New:3Total:19
4 Beds
Avg:$3,698Median:$3,550Range:$2,949 – $4,600PSF:$2 / $2Sq Ft:2,453 / 2,203DOM:22 / 1New:8Total:14
5 Beds
Avg:$4,775Median:$3,600Range:$3,600 – $5,950PSF:$2 / $1Sq Ft:3,046 / 2,741DOM:23 / 19New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,791 | $1,807 | $1,650 – $1,898 | $2 / $2 | 813 / 800 | 34 / 1 | 7 | 13 |
| 2 Beds | $2,071 | $1,900 | $1,699 – $2,850 | $2 / $2 | 1,051 / 1,000 | 16 / 1 | 24 | 39 |
| 3 Beds | $2,897 | $2,850 | $2,450 – $3,695 | $2 / $2 | 1,524 / 1,600 | 25 / 15 | 3 | 19 |
| 4 Beds | $3,698 | $3,550 | $2,949 – $4,600 | $2 / $2 | 2,453 / 2,203 | 22 / 1 | 8 | 14 |
| 5 Beds | $4,775 | $3,600 | $3,600 – $5,950 | $2 / $1 | 3,046 / 2,741 | 23 / 19 | 0 | 2 |
6-Month Sales Trend
Mar 2026
Median Price:$590,000Median DOM:9New:50Total:104
Apr 2026
Median Price:$615,000Median DOM:13New:38Total:108
May 2026
Median Price:$615,000Median DOM:9New:56Total:113
Jun 2026
Median Price:$635,000Median DOM:5New:75Total:133
Jul 2026
Median Price:$640,000Median DOM:1New:91Total:153
Aug 2026
Median Price:$650,000Median DOM:1New:51Total:147
6-Month Rental Trend
Mar 2026
Median Rent:$2,032Median DOM:12New:29Total:64
Apr 2026
Median Rent:$2,052Median DOM:8New:38Total:73
May 2026
Median Rent:$2,189Median DOM:8New:33Total:81
Jun 2026
Median Rent:$2,300Median DOM:3New:49Total:86
Jul 2026
Median Rent:$2,411Median DOM:1New:48Total:88
Aug 2026
Median Rent:$2,308Median DOM:1New:42Total:87
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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