ZIP 60565 Housing Market Report

Chicago Metro

Report period: May 2026

60565 Monthly Market Update – May 2026

ZIP 60565 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$595,000
−3.3%
Median DOM (Sales)
10
−23.1%
New Listings (Sales)
21
−44.7%
Median Rent
$2,140
+4.3%
Median DOM (Rental)
8
0.0%
Total Rental Listings
79
+8.2%

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: Single Family (9 DOM)
  • Fastest renting: Apartment (1 DOM)
  • Strongest bedroom: 6 Beds ($950,000 median)

Sales Market Overview

Median Price
$595,000
−3.3%
Median DOM
10
−23.1%
New Listings
21
−44.7%
Inventory
108
0.0%
  • Average Price: $682,693
  • Median Price: $595,000
  • Price Range: $175,000 – $3,285,000
  • Price per Sq Ft (Avg/Median): $274 / $267
  • Square Footage (Avg/Median): 2,545 / 2,202
  • Square Footage Range: 530 – 10,305
  • Days on Market (Avg/Median): 25 / 10
  • Days on Market Range: 3 – 232
  • New Listings: 21
  • Total Listings: 108

Sales by Property Type

Condo
Avg/Median Price$275,600 / $282,000Range$175,000 – $425,000Price per Sq Ft$262 / $258Sq Ft1,069 / 1,067DOM37 / 17New3Total13
Land
Avg/Median Price$490,000 / $390,000Range$390,000 – $590,000Price per Sq FtSq FtDOM161 / 89New0Total2
Single Family
Avg/Median Price$821,304 / $750,000Range$359,000 – $3,285,000Price per Sq Ft$281 / $273Sq Ft3,007 / 2,848DOM20 / 9New15Total75
Townhouse
Avg/Median Price$420,567 / $425,000Range$285,000 – $575,000Price per Sq Ft$253 / $249Sq Ft1,684 / 1,640DOM21 / 13New3Total18

Sales by Bedroom Count

1 Beds
Avg:$175,000Median:$175,000Range:$175,000 – $175,000PSF:$330 / $330Sq Ft:530 / 530DOM:68 / 68New:0Total:1
2 Beds
Avg:$344,609Median:$311,000Range:$209,999 – $575,000PSF:$264 / $258Sq Ft:1,334 / 1,080DOM:28 / 13New:4Total:22
3 Beds
Avg:$467,448Median:$429,000Range:$282,000 – $750,000PSF:$288 / $278Sq Ft:1,691 / 1,640DOM:23 / 17New:5Total:23
4 Beds
Avg:$832,604Median:$760,000Range:$434,900 – $2,295,000PSF:$276 / $269Sq Ft:3,017 / 2,849DOM:16 / 8New:9Total:50
5 Beds
Avg:$1,337,988Median:$915,000Range:$749,900 – $3,285,000PSF:$240 / $215Sq Ft:5,371 / 4,138DOM:29 / 10New:2Total:8
6 Beds
Avg:$954,500Median:$950,000Range:$950,000 – $959,000PSF:$269 / $244Sq Ft:3,584 / 3,240DOM:55 / 7New:1Total:2

Rental Market Overview

Median Rent
$2,140
+4.3%
Median DOM
8
0.0%
New Listings
24
Inventory
79
+8.2%
  • Average Rent: $2,460
  • Median Rent: $2,140
  • Rent Range: $1,475 – $5,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,345 / 1,080
  • Square Footage Range: 756 – 3,800
  • Days on Market (Avg/Median): 28 / 8
  • Days on Market Range: 1 – 253
  • New Listings: 24
  • Total Listings: 79

Rentals by Property Type

Apartment
$1,850
Median DOM: 1
Inventory: 33
MoM: +4.3%
Condo
$1,850
Median DOM: 17
Inventory: 13
MoM: +4.3%
Single Family
$3,150
Median DOM: 20
Inventory: 30
MoM: +4.3%
Townhouse
$3,100
Median DOM: 5
Inventory: 2
MoM: +4.3%
Apartment
Avg/Median Rent$1,927 / $1,850Range$1,600 – $2,250Rent per Sq Ft$2 / $2Sq Ft957 / 1,000DOM12 / 1New15Total33
Condo
Avg/Median Rent$1,873 / $1,850Range$1,580 – $2,600Rent per Sq Ft$2 / $2Sq Ft930 / 885DOM59 / 17New1Total13
Multi-Family
Avg/Median Rent$2,600 / $2,600Range$2,600 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM5 / 5New0Total1
Single Family
Avg/Median Rent$3,253 / $3,150Range$1,475 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,913 / 1,660DOM36 / 20New7Total30
Townhouse
Avg/Median Rent$3,125 / $3,100Range$3,100 – $3,150Rent per Sq Ft$2 / $2Sq Ft1,775 / 1,700DOM5 / 5New1Total2

Rentals by Bedroom Count

1 Beds
Avg:$1,747Median:$1,724Range:$1,580 – $2,140PSF:$2 / $2Sq Ft:796 / 800DOM:19 / 1New:7Total:18
2 Beds
Avg:$2,035Median:$2,037Range:$1,650 – $2,600PSF:$2 / $2Sq Ft:1,045 / 1,000DOM:25 / 5New:11Total:33
3 Beds
Avg:$2,995Median:$3,000Range:$1,475 – $3,500PSF:$2 / $2Sq Ft:1,628 / 1,628DOM:25 / 15New:4Total:16
4 Beds
Avg:$3,798Median:$3,350Range:$2,899 – $5,500PSF:$2 / $1Sq Ft:2,401 / 2,098DOM:61 / 46New:1Total:10
5 Beds
Avg:$4,950Median:$4,600Range:$4,600 – $5,300PSF:$1 / $1Sq Ft:3,525 / 3,250DOM:17 / 6New:1Total:2

6-Month Sales Trend

Dec 2025
Median Price:$540,000Median DOM:48New:17Total:112
Jan 2026
Median Price:$568,000Median DOM:34New:30Total:98
Feb 2026
Median Price:$560,000Median DOM:15New:31Total:82
Mar 2026
Median Price:$590,000Median DOM:9New:50Total:104
Apr 2026
Median Price:$615,000Median DOM:13New:38Total:108
May 2026
Median Price:$595,000Median DOM:10New:21Total:108

6-Month Rental Trend

Dec 2025
Median Rent:$2,017Median DOM:31New:11Total:53
Jan 2026
Median Rent:$2,096Median DOM:30New:21Total:51
Feb 2026
Median Rent:$2,100Median DOM:33New:15Total:54
Mar 2026
Median Rent:$2,032Median DOM:12New:29Total:64
Apr 2026
Median Rent:$2,052Median DOM:8New:38Total:73
May 2026
Median Rent:$2,140Median DOM:8New:24Total:79

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. 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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