ZIP 60601 Housing Market Report
Chicago Metro
Report period: May 2026
60601 Monthly Market Update – May 2026
ZIP 60601 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$525,000
−0.8%
Median DOM (Sales)
36
0.0%
New Listings (Sales)
19
−67.8%
Median Rent
$2,673
0.0%
Median DOM (Rental)
28
0.0%
Total Rental Listings
471
+0.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (36 DOM)
- Fastest renting: Condo (12 DOM)
- Strongest bedroom: 4 Beds ($4,800,000 median)
Sales Market Overview
Median Price
$525,000
−0.8%
Median DOM
36
0.0%
New Listings
19
−67.8%
Inventory
203
+3.0%
- Average Price: $991,618
- Median Price: $525,000
- Price Range: $30,000 – $8,415,000
- Price per Sq Ft (Avg/Median): $593 / $519
- Square Footage (Avg/Median): 1,541 / 1,250
- Square Footage Range: 525 – 5,734
- Days on Market (Avg/Median): 60 / 36
- Days on Market Range: 3 – 361
- New Listings: 19
- Total Listings: 203
Sales by Property Type
Condo
Avg/Median Price$1,046,120 / $539,000Range$199,000 – $8,415,000Price per Sq Ft$593 / $519Sq Ft1,541 / 1,250DOM58 / 36New19Total192
Land
Avg/Median Price$40,309 / $40,000Range$30,000 – $65,000Price per Sq Ft—Sq Ft—DOM103 / 42New0Total11
Sales by Bedroom Count
Studio
Avg:$236,333Median:$210,000Range:$199,000 – $300,000PSF:$414 / $400Sq Ft:567 / 525DOM:17 / 19New:0Total:3
1 Beds
Avg:$419,234Median:$385,000Range:$199,000 – $1,475,000PSF:$487 / $446Sq Ft:866 / 850DOM:50 / 28New:9Total:76
2 Beds
Avg:$736,720Median:$590,000Range:$299,000 – $1,950,000PSF:$512 / $460Sq Ft:1,400 / 1,350DOM:55 / 29New:6Total:61
3 Beds
Avg:$1,855,795Median:$1,899,000Range:$795,000 – $4,095,000PSF:$783 / $782Sq Ft:2,333 / 2,350DOM:74 / 56New:4Total:44
4 Beds
Avg:$5,211,172Median:$4,800,000Range:$2,599,000 – $8,415,000PSF:$1,131 / $994Sq Ft:4,434 / 4,568DOM:91 / 88New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $236,333 | $210,000 | $199,000 – $300,000 | $414 / $400 | 567 / 525 | 17 / 19 | 0 | 3 |
| 1 Beds | $419,234 | $385,000 | $199,000 – $1,475,000 | $487 / $446 | 866 / 850 | 50 / 28 | 9 | 76 |
| 2 Beds | $736,720 | $590,000 | $299,000 – $1,950,000 | $512 / $460 | 1,400 / 1,350 | 55 / 29 | 6 | 61 |
| 3 Beds | $1,855,795 | $1,899,000 | $795,000 – $4,095,000 | $783 / $782 | 2,333 / 2,350 | 74 / 56 | 4 | 44 |
| 4 Beds | $5,211,172 | $4,800,000 | $2,599,000 – $8,415,000 | $1,131 / $994 | 4,434 / 4,568 | 91 / 88 | 0 | 8 |
Rental Market Overview
Median Rent
$2,673
0.0%
Median DOM
28
0.0%
New Listings
46
Inventory
471
+0.2%
- Average Rent: $3,002
- Median Rent: $2,673
- Rent Range: $1,500 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 813 / 729
- Square Footage Range: 365 – 2,500
- Days on Market (Avg/Median): 72 / 28
- Days on Market Range: 2 – 365
- New Listings: 46
- Total Listings: 471
Rentals by Property Type
Apartment
$2,600
Median DOM: 38
Inventory: 378
MoM: 0.0%
Condo
$3,200
Median DOM: 12
Inventory: 86
MoM: 0.0%
Single Family
$2,900
Median DOM: 18
Inventory: 7
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,870 / $2,600Range$1,575 – $9,714Rent per Sq Ft$4 / $4Sq Ft764 / 715DOM85 / 38New34Total378
Condo
Avg/Median Rent$3,560 / $3,200Range$1,500 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,035 / 875DOM33 / 12New12Total86
Single Family
Avg/Median Rent$3,270 / $2,900Range$1,993 – $6,250Rent per Sq Ft$3 / $3Sq Ft986 / 860DOM21 / 18New0Total7
Rentals by Bedroom Count
Studio
Avg:$2,268Median:$2,275Range:$1,575 – $2,829PSF:$4 / $4Sq Ft:569 / 545DOM:61 / 17New:12Total:99
1 Beds
Avg:$2,633Median:$2,600Range:$1,500 – $4,100PSF:$4 / $4Sq Ft:751 / 729DOM:71 / 29New:26Total:248
2 Beds
Avg:$3,951Median:$3,900Range:$2,535 – $7,000PSF:$3 / $3Sq Ft:1,174 / 1,170DOM:83 / 33New:5Total:110
3 Beds
Avg:$7,287Median:$6,650Range:$5,500 – $10,000PSF:$4 / $4Sq Ft:2,002 / 1,900DOM:65 / 15New:3Total:14
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,268 | $2,275 | $1,575 – $2,829 | $4 / $4 | 569 / 545 | 61 / 17 | 12 | 99 |
| 1 Beds | $2,633 | $2,600 | $1,500 – $4,100 | $4 / $4 | 751 / 729 | 71 / 29 | 26 | 248 |
| 2 Beds | $3,951 | $3,900 | $2,535 – $7,000 | $3 / $3 | 1,174 / 1,170 | 83 / 33 | 5 | 110 |
| 3 Beds | $7,287 | $6,650 | $5,500 – $10,000 | $4 / $4 | 2,002 / 1,900 | 65 / 15 | 3 | 14 |
6-Month Sales Trend
Dec 2025
Median Price:$615,000Median DOM:92New:11Total:156
Jan 2026
Median Price:$630,000Median DOM:72New:45Total:153
Feb 2026
Median Price:$685,000Median DOM:39New:39Total:151
Mar 2026
Median Price:$670,000Median DOM:38New:48Total:167
Apr 2026
Median Price:$529,000Median DOM:36New:59Total:197
May 2026
Median Price:$525,000Median DOM:36New:19Total:203
6-Month Rental Trend
Dec 2025
Median Rent:$2,888Median DOM:82New:18Total:278
Jan 2026
Median Rent:$2,877Median DOM:91New:32Total:259
Feb 2026
Median Rent:$2,713Median DOM:36New:78Total:350
Mar 2026
Median Rent:$2,720Median DOM:30New:63Total:363
Apr 2026
Median Rent:$2,673Median DOM:28New:100Total:470
May 2026
Median Rent:$2,673Median DOM:28New:46Total:471
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market were unchanged, signaling steady 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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