ZIP 60601 Housing Market Report

Chicago Metro

Report period: July 2026

60601 Monthly Market Update – July 2026

ZIP 60601 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$499,500
+0.1%
Median DOM (Sales)
33
+10.0%
New Listings (Sales)
39
−45.1%
Median Rent
$2,729
+3.0%
Median DOM (Rental)
23
−11.5%
Total Rental Listings
463
−3.5%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (4 DOM)
  • Fastest renting: Single Family (10 DOM)
  • Strongest bedroom: 4 Beds ($2,995,000 median)

Sales Market Overview

Median Price
$499,500
+0.1%
Median DOM
33
+10.0%
New Listings
39
−45.1%
Inventory
201
−1.5%
  • Average Price: $944,063
  • Median Price: $499,500
  • Price Range: $30,000 – $8,415,000
  • Price per Sq Ft (Avg/Median): $577 / $513
  • Square Footage (Avg/Median): 1,483 / 1,224
  • Square Footage Range: 525 – 5,734
  • Days on Market (Avg/Median): 51 / 33
  • Days on Market Range: 1 – 297
  • New Listings: 39
  • Total Listings: 201

Sales by Property Type

Condo
Avg/Median Price$980,326 / $540,000Range$199,000 – $8,415,000Price per Sq Ft$577 / $508Sq Ft1,473 / 1,221DOM48 / 32New39Total191
Land
Avg/Median Price$40,489 / $40,000Range$30,000 – $55,000Price per Sq FtSq FtDOM141 / 103New0Total9
Townhouse
Avg/Median Price$2,150,000 / $2,150,000Range$2,150,000 – $2,150,000Price per Sq Ft$636 / $636Sq Ft3,382 / 3,382DOM4 / 4New0Total1

Sales by Bedroom Count

Studio
Avg:$260,143Median:$259,000Range:$199,000 – $349,999PSF:$409 / $379Sq Ft:626 / 650DOM:24 / 15New:2Total:7
1 Beds
Avg:$414,559Median:$375,000Range:$225,000 – $1,475,000PSF:$487 / $431Sq Ft:852 / 826DOM:45 / 27New:17Total:78
2 Beds
Avg:$796,515Median:$599,500Range:$335,000 – $1,850,000PSF:$531 / $467Sq Ft:1,430 / 1,350DOM:40 / 29New:13Total:56
3 Beds
Avg:$1,700,488Median:$1,470,000Range:$745,000 – $3,995,000PSF:$737 / $706Sq Ft:2,271 / 2,155DOM:56 / 35New:7Total:43
4 Beds
Avg:$4,688,738Median:$2,995,000Range:$2,099,000 – $8,415,000PSF:$1,027 / $994Sq Ft:4,338 / 3,800DOM:115 / 123New:0Total:8

Rental Market Overview

Median Rent
$2,729
+3.0%
Median DOM
23
−11.5%
New Listings
38
Inventory
463
−3.5%
  • Average Rent: $3,064
  • Median Rent: $2,729
  • Rent Range: $1,685 – $10,000
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 808 / 728
  • Square Footage Range: 350 – 2,500
  • Days on Market (Avg/Median): 57 / 23
  • Days on Market Range: 2 – 360
  • New Listings: 38
  • Total Listings: 463

Rentals by Property Type

Apartment
$2,620
Median DOM: 26
Inventory: 368
MoM: +3.0%
Condo
$3,200
Median DOM: 17
Inventory: 88
MoM: +3.0%
Single Family
$3,250
Median DOM: 10
Inventory: 7
MoM: +3.0%
Townhouse
Median DOM:
Inventory:
MoM: +3.0%
Apartment
Avg/Median Rent$2,860 / $2,620Range$1,685 – $9,944Rent per Sq Ft$4 / $4Sq Ft748 / 715DOM66 / 26New28Total368
Condo
Avg/Median Rent$3,855 / $3,200Range$1,925 – $10,000Rent per Sq Ft$4 / $4Sq Ft1,066 / 881DOM34 / 17New7Total88
Single Family
Avg/Median Rent$3,874 / $3,250Range$2,654 – $6,000Rent per Sq Ft$4 / $4Sq Ft1,089 / 1,060DOM19 / 10New3Total7

Rentals by Bedroom Count

Studio
Avg:$2,330Median:$2,360Range:$1,685 – $3,039PSF:$4 / $4Sq Ft:576 / 565DOM:56 / 21New:12Total:115
1 Beds
Avg:$2,775Median:$2,688Range:$1,973 – $10,000PSF:$4 / $4Sq Ft:762 / 746DOM:57 / 21New:15Total:238
2 Beds
Avg:$4,033Median:$4,060Range:$2,560 – $7,000PSF:$4 / $3Sq Ft:1,149 / 1,162DOM:66 / 26New:9Total:96
3 Beds
Avg:$7,364Median:$7,500Range:$4,200 – $10,000PSF:$4 / $4Sq Ft:1,939 / 1,887DOM:31 / 28New:2Total:14

6-Month Sales Trend

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:$520,000Median DOM:38New:56Total:207
Jun 2026
Median Price:$499,000Median DOM:30New:71Total:204
Jul 2026
Median Price:$499,500Median DOM:33New:39Total:201

6-Month Rental Trend

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:$2,698Median DOM:27New:111Total:503
Jun 2026
Median Rent:$2,650Median DOM:26New:75Total:480
Jul 2026
Median Rent:$2,729Median DOM:23New:38Total:463

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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.

← Back to Chicago Metro