ZIP 60602 Housing Market Report
Chicago Metro
Report period: March 2026
60602 Monthly Market Update – March 2026
ZIP 60602 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$320,000
−30.0%
Median DOM (Sales)
46
−9.8%
New Listings (Sales)
3
−25.0%
Median Rent
$2,045
−0.6%
Median DOM (Rental)
12
0.0%
Total Rental Listings
17
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened.
What's Moving Fastest
- Fastest selling: Condo (41 DOM)
- Fastest renting: Condo (11 DOM)
- Strongest bedroom: 4 Beds ($1,575,000 median)
Sales Market Overview
Median Price
$320,000
−30.0%
Median DOM
46
−9.8%
New Listings
3
−25.0%
Inventory
33
+3.1%
- Average Price: $525,630
- Median Price: $320,000
- Price Range: $25,000 – $1,575,000
- Price per Sq Ft (Avg/Median): $447 / $446
- Square Footage (Avg/Median): 1,580 / 1,616
- Square Footage Range: 500 – 3,052
- Days on Market (Avg/Median): 93 / 46
- Days on Market Range: 7 – 342
- New Listings: 3
- Total Listings: 33
Sales by Property Type
Condo
Avg/Median Price$708,450 / $579,000Range$209,999 – $1,575,000Price per Sq Ft$447 / $446Sq Ft1,580 / 1,616DOM70 / 41New3Total24
Land
Avg/Median Price$38,111 / $33,000Range$25,000 – $65,000Price per Sq Ft—Sq Ft—DOM205 / 244New0Total9
Sales by Bedroom Count
1 Beds
Avg:$277,725Median:$240,000Range:$209,999 – $457,000PSF:$353 / $331Sq Ft:825 / 760DOM:55 / 38New:2Total:8
2 Beds
Avg:$568,000Median:$525,000Range:$289,000 – $750,000PSF:$397 / $385Sq Ft:1,417 / 1,336DOM:76 / 48New:1Total:6
3 Beds
Avg:$1,088,667Median:$1,125,000Range:$738,000 – $1,500,000PSF:$520 / $522Sq Ft:2,094 / 2,096DOM:71 / 44New:0Total:9
4 Beds
Avg:$1,575,000Median:$1,575,000Range:$1,575,000 – $1,575,000PSF:$643 / $643Sq Ft:2,450 / 2,450DOM:135 / 135New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $277,725 | $240,000 | $209,999 – $457,000 | $353 / $331 | 825 / 760 | 55 / 38 | 2 | 8 |
| 2 Beds | $568,000 | $525,000 | $289,000 – $750,000 | $397 / $385 | 1,417 / 1,336 | 76 / 48 | 1 | 6 |
| 3 Beds | $1,088,667 | $1,125,000 | $738,000 – $1,500,000 | $520 / $522 | 2,094 / 2,096 | 71 / 44 | 0 | 9 |
| 4 Beds | $1,575,000 | $1,575,000 | $1,575,000 – $1,575,000 | $643 / $643 | 2,450 / 2,450 | 135 / 135 | 0 | 1 |
Rental Market Overview
Median Rent
$2,045
−0.6%
Median DOM
12
0.0%
New Listings
1
Inventory
17
0.0%
- Average Rent: $2,252
- Median Rent: $2,045
- Rent Range: $1,495 – $6,000
- Rent per Sq Ft (Avg/Median): $4 / $5
- Square Footage (Avg/Median): 582 / 411
- Square Footage Range: 284 – 2,096
- Days on Market (Avg/Median): 22 / 12
- Days on Market Range: 5 – 80
- New Listings: 1
- Total Listings: 17
Rentals by Property Type
Apartment
$2,005
Median DOM: 12
Inventory: 12
MoM: −0.6%
Condo
$2,224
Median DOM: 11
Inventory: 5
MoM: −0.6%
Single Family
—
Median DOM: —
Inventory: —
MoM: −0.6%
Townhouse
—
Median DOM: —
Inventory: —
MoM: −0.6%
Apartment
Avg/Median Rent$1,872 / $2,005Range$1,495 – $2,158Rent per Sq Ft$5 / $5Sq Ft390 / 411DOM20 / 12New0Total12
Condo
Avg/Median Rent$3,163 / $2,224Range$1,900 – $6,000Rent per Sq Ft$3 / $3Sq Ft1,352 / 1,200DOM26 / 11New1Total5
Rentals by Bedroom Count
Studio
Avg:$1,674Median:$1,562Range:$1,495 – $2,192PSF:$5 / $5Sq Ft:292 / 291DOM:26 / 12New:0Total:5
1 Beds
Avg:$2,042Median:$2,045Range:$1,898 – $2,224PSF:$4 / $5Sq Ft:474 / 411DOM:22 / 12New:1Total:10
2 Beds
Avg:$3,500Median:$3,500Range:$3,500 – $3,500PSF:$3 / $3Sq Ft:1,200 / 1,200DOM:23 / 23New:0Total:1
3 Beds
Avg:$6,000Median:$6,000Range:$6,000 – $6,000PSF:$3 / $3Sq Ft:2,096 / 2,096DOM:5 / 5New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,674 | $1,562 | $1,495 – $2,192 | $5 / $5 | 292 / 291 | 26 / 12 | 0 | 5 |
| 1 Beds | $2,042 | $2,045 | $1,898 – $2,224 | $4 / $5 | 474 / 411 | 22 / 12 | 1 | 10 |
| 2 Beds | $3,500 | $3,500 | $3,500 – $3,500 | $3 / $3 | 1,200 / 1,200 | 23 / 23 | 0 | 1 |
| 3 Beds | $6,000 | $6,000 | $6,000 – $6,000 | $3 / $3 | 2,096 / 2,096 | 5 / 5 | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$320,000Median DOM:59New:8Total:38
Nov 2025
Median Price:$329,000Median DOM:59New:5Total:38
Dec 2025
Median Price:$329,000Median DOM:87New:1Total:33
Jan 2026
Median Price:$475,000Median DOM:80New:9Total:35
Feb 2026
Median Price:$457,000Median DOM:51New:4Total:32
Mar 2026
Median Price:$320,000Median DOM:46New:3Total:33
6-Month Rental Trend
Oct 2025
Median Rent:$2,500Median DOM:41New:2Total:8
Nov 2025
Median Rent:$2,550Median DOM:30New:4Total:14
Dec 2025
Median Rent:$2,600Median DOM:26New:2Total:14
Jan 2026
Median Rent:$3,100Median DOM:26New:2Total:11
Feb 2026
Median Rent:$2,058Median DOM:12New:8Total:17
Mar 2026
Median Rent:$2,045Median DOM:12New:1Total:17
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory was flat.
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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