ZIP 60601 Housing Market Report
Chicago Metro
Report period: August 2026
60601 Monthly Market Update – August 2026
ZIP 60601 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$549,000
+5.6%
Median DOM (Sales)
28
−22.2%
New Listings (Sales)
42
−30.0%
Median Rent
$2,750
0.0%
Median DOM (Rental)
23
0.0%
Total Rental Listings
471
+1.1%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (1 DOM)
- Fastest renting: Condo (17 DOM)
- Strongest bedroom: 4 Beds ($2,650,000 median)
Sales Market Overview
Median Price
$549,000
+5.6%
Median DOM
28
−22.2%
New Listings
42
−30.0%
Inventory
175
−5.9%
- Average Price: $1,001,145
- Median Price: $549,000
- Price Range: $30,000 – $8,415,000
- Price per Sq Ft (Avg/Median): $591 / $534
- Square Footage (Avg/Median): 1,548 / 1,250
- Square Footage Range: 525 – 5,734
- Days on Market (Avg/Median): 53 / 28
- Days on Market Range: 1 – 301
- New Listings: 42
- Total Listings: 175
Sales by Property Type
Condo
Avg/Median Price$1,032,770 / $550,000Range$199,000 – $8,415,000Price per Sq Ft$590 / $515Sq Ft1,526 / 1,250DOM49 / 25New41Total165
Land
Avg/Median Price$40,550 / $40,000Range$30,000 – $55,000Price per Sq Ft—Sq Ft—DOM163 / 133New0Total8
Townhouse
Avg/Median Price$2,234,500 / $2,150,000Range$2,150,000 – $2,319,000Price per Sq Ft$680 / $636Sq Ft3,291 / 3,200DOM3 / 1New1Total2
Sales by Bedroom Count
Studio
Avg:$243,333Median:$229,000Range:$199,000 – $283,000PSF:$381 / $379Sq Ft:622 / 650DOM:33 / 15New:2Total:6
1 Beds
Avg:$401,923Median:$350,000Range:$215,000 – $980,000PSF:$484 / $445Sq Ft:844 / 825DOM:45 / 28New:13Total:61
2 Beds
Avg:$787,670Median:$585,000Range:$359,000 – $1,850,000PSF:$534 / $467Sq Ft:1,414 / 1,350DOM:42 / 25New:16Total:52
3 Beds
Avg:$1,808,725Median:$1,890,000Range:$745,000 – $3,995,000PSF:$768 / $734Sq Ft:2,332 / 2,334DOM:52 / 19New:10Total:40
4 Beds
Avg:$4,448,863Median:$2,650,000Range:$975,000 – $8,415,000PSF:$972 / $756Sq Ft:4,211 / 3,547DOM:115 / 138New:1Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $243,333 | $229,000 | $199,000 – $283,000 | $381 / $379 | 622 / 650 | 33 / 15 | 2 | 6 |
| 1 Beds | $401,923 | $350,000 | $215,000 – $980,000 | $484 / $445 | 844 / 825 | 45 / 28 | 13 | 61 |
| 2 Beds | $787,670 | $585,000 | $359,000 – $1,850,000 | $534 / $467 | 1,414 / 1,350 | 42 / 25 | 16 | 52 |
| 3 Beds | $1,808,725 | $1,890,000 | $745,000 – $3,995,000 | $768 / $734 | 2,332 / 2,334 | 52 / 19 | 10 | 40 |
| 4 Beds | $4,448,863 | $2,650,000 | $975,000 – $8,415,000 | $972 / $756 | 4,211 / 3,547 | 115 / 138 | 1 | 8 |
Rental Market Overview
Median Rent
$2,750
0.0%
Median DOM
23
0.0%
New Listings
45
Inventory
471
+1.1%
- Average Rent: $3,080
- Median Rent: $2,750
- Rent Range: $1,760 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 804 / 728
- Square Footage Range: 350 – 2,500
- Days on Market (Avg/Median): 50 / 23
- Days on Market Range: 1 – 365
- New Listings: 45
- Total Listings: 471
Rentals by Property Type
Apartment
$2,716
Median DOM: 24
Inventory: 380
MoM: 0.0%
Condo
$3,000
Median DOM: 17
Inventory: 82
MoM: 0.0%
Single Family
$2,917
Median DOM: 23
Inventory: 9
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,941 / $2,716Range$1,760 – $7,500Rent per Sq Ft$4 / $4Sq Ft761 / 712DOM53 / 24New39Total380
Condo
Avg/Median Rent$3,675 / $3,000Range$1,925 – $10,000Rent per Sq Ft$4 / $4Sq Ft1,006 / 834DOM43 / 17New5Total82
Single Family
Avg/Median Rent$3,524 / $2,917Range$2,295 – $6,000Rent per Sq Ft$4 / $3Sq Ft1,009 / 815DOM31 / 23New1Total9
Rentals by Bedroom Count
Studio
Avg:$2,406Median:$2,428Range:$1,760 – $3,003PSF:$4 / $4Sq Ft:577 / 565DOM:43 / 21New:11Total:127
1 Beds
Avg:$2,783Median:$2,664Range:$1,950 – $10,000PSF:$4 / $4Sq Ft:754 / 730DOM:46 / 21New:27Total:231
2 Beds
Avg:$4,150Median:$4,149Range:$2,560 – $6,400PSF:$4 / $4Sq Ft:1,164 / 1,170DOM:75 / 30New:6Total:98
3 Beds
Avg:$6,370Median:$6,628Range:$4,447 – $9,500PSF:$4 / $3Sq Ft:1,820 / 1,800DOM:27 / 13New:1Total:15
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,406 | $2,428 | $1,760 – $3,003 | $4 / $4 | 577 / 565 | 43 / 21 | 11 | 127 |
| 1 Beds | $2,783 | $2,664 | $1,950 – $10,000 | $4 / $4 | 754 / 730 | 46 / 21 | 27 | 231 |
| 2 Beds | $4,150 | $4,149 | $2,560 – $6,400 | $4 / $4 | 1,164 / 1,170 | 75 / 30 | 6 | 98 |
| 3 Beds | $6,370 | $6,628 | $4,447 – $9,500 | $4 / $3 | 1,820 / 1,800 | 27 / 13 | 1 | 15 |
6-Month Sales Trend
Mar 2026
Median Price:$670,000Median DOM:38New:48Total:167
Apr 2026
Median Price:$529,000Median DOM:36New:59Total:197
May 2026
Median Price:$520,000Median DOM:38New:56Total:207
Jun 2026
Median Price:$499,000Median DOM:30New:71Total:204
Jul 2026
Median Price:$519,999Median DOM:36New:60Total:186
Aug 2026
Median Price:$549,000Median DOM:28New:42Total:175
6-Month Rental Trend
Mar 2026
Median Rent:$2,720Median DOM:30New:63Total:363
Apr 2026
Median Rent:$2,673Median DOM:28New:100Total:470
May 2026
Median Rent:$2,698Median DOM:27New:111Total:503
Jun 2026
Median Rent:$2,650Median DOM:26New:75Total:480
Jul 2026
Median Rent:$2,750Median DOM:23New:103Total:466
Aug 2026
Median Rent:$2,750Median DOM:23New:45Total:471
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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