ZIP 60602 Housing Market Report
Chicago Metro
Report period: July 2026
60602 Monthly Market Update – July 2026
ZIP 60602 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$369,000
−17.1%
Median DOM (Sales)
34
−38.2%
New Listings (Sales)
4
−20.0%
Median Rent
$1,565
+0.6%
Median DOM (Rental)
23
0.0%
Total Rental Listings
107
−6.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (29 DOM)
- Fastest renting: Single Family (16 DOM)
- Strongest bedroom: 3 Beds ($725,000 median)
Sales Market Overview
Median Price
$369,000
−17.1%
Median DOM
34
−38.2%
New Listings
4
−20.0%
Inventory
24
−11.1%
- Average Price: $424,412
- Median Price: $369,000
- Price Range: $25,000 – $1,099,000
- Price per Sq Ft (Avg/Median): $407 / $382
- Square Footage (Avg/Median): 1,421 / 1,392
- Square Footage Range: 670 – 2,157
- Days on Market (Avg/Median): 55 / 34
- Days on Market Range: 1 – 244
- New Listings: 4
- Total Listings: 24
Sales by Property Type
Condo
Avg/Median Price$581,729 / $515,000Range$234,500 – $1,099,000Price per Sq Ft$407 / $382Sq Ft1,421 / 1,392DOM43 / 29New4Total17
Land
Avg/Median Price$42,357 / $38,500Range$25,000 – $65,000Price per Sq Ft—Sq Ft—DOM157 / 70New0Total7
Sales by Bedroom Count
1 Beds
Avg:$283,700Median:$275,000Range:$234,500 – $369,000PSF:$329 / $321Sq Ft:872 / 770DOM:10 / 1New:2Total:5
2 Beds
Avg:$621,317Median:$515,000Range:$505,000 – $899,900PSF:$428 / $382Sq Ft:1,440 / 1,392DOM:54 / 34New:1Total:6
3 Beds
Avg:$790,500Median:$725,000Range:$445,000 – $1,099,000PSF:$439 / $439Sq Ft:1,769 / 1,653DOM:60 / 60New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $283,700 | $275,000 | $234,500 – $369,000 | $329 / $321 | 872 / 770 | 10 / 1 | 2 | 5 |
| 2 Beds | $621,317 | $515,000 | $505,000 – $899,900 | $428 / $382 | 1,440 / 1,392 | 54 / 34 | 1 | 6 |
| 3 Beds | $790,500 | $725,000 | $445,000 – $1,099,000 | $439 / $439 | 1,769 / 1,653 | 60 / 60 | 1 | 6 |
Rental Market Overview
Median Rent
$1,565
+0.6%
Median DOM
23
0.0%
New Listings
7
Inventory
107
−6.1%
- Average Rent: $1,822
- Median Rent: $1,565
- Rent Range: $1,487 – $4,039
- Rent per Sq Ft (Avg/Median): $5 / $5
- Square Footage (Avg/Median): 415 / 313
- Square Footage Range: 281 – 1,400
- Days on Market (Avg/Median): 30 / 23
- Days on Market Range: 1 – 232
- New Listings: 7
- Total Listings: 107
Rentals by Property Type
Apartment
$1,556
Median DOM: 25
Inventory: 95
MoM: +0.6%
Condo
$2,800
Median DOM: 21
Inventory: 11
MoM: +0.6%
Single Family
$2,335
Median DOM: 16
Inventory: 1
MoM: +0.6%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +0.6%
Apartment
Avg/Median Rent$1,678 / $1,556Range$1,487 – $4,039Rent per Sq Ft$5 / $5Sq Ft351 / 312DOM28 / 25New5Total95
Condo
Avg/Median Rent$3,027 / $2,800Range$2,100 – $3,921Rent per Sq Ft$3 / $3Sq Ft1,015 / 900DOM43 / 21New2Total11
Single Family
Avg/Median Rent$2,335 / $2,335Range$2,335 – $2,335Rent per Sq Ft$3 / $3Sq Ft800 / 800DOM16 / 16New0Total1
Rentals by Bedroom Count
Studio
Avg:$1,555Median:$1,549Range:$1,487 – $1,796PSF:$5 / $5Sq Ft:309 / 309DOM:27 / 23New:5Total:82
1 Beds
Avg:$2,464Median:$2,335Range:$2,027 – $3,600PSF:$4 / $4Sq Ft:647 / 511DOM:41 / 29New:1Total:19
2 Beds
Avg:$3,452Median:$3,600Range:$2,575 – $4,039PSF:$3 / $3Sq Ft:1,204 / 1,200DOM:28 / 27New:1Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,555 | $1,549 | $1,487 – $1,796 | $5 / $5 | 309 / 309 | 27 / 23 | 5 | 82 |
| 1 Beds | $2,464 | $2,335 | $2,027 – $3,600 | $4 / $4 | 647 / 511 | 41 / 29 | 1 | 19 |
| 2 Beds | $3,452 | $3,600 | $2,575 – $4,039 | $3 / $3 | 1,204 / 1,200 | 28 / 27 | 1 | 6 |
6-Month Sales Trend
Feb 2026
Median Price:$457,000Median DOM:51New:4Total:32
Mar 2026
Median Price:$457,000Median DOM:39New:12Total:37
Apr 2026
Median Price:$457,000Median DOM:42New:7Total:37
May 2026
Median Price:$505,000Median DOM:45New:9Total:34
Jun 2026
Median Price:$445,000Median DOM:55New:5Total:27
Jul 2026
Median Price:$369,000Median DOM:34New:4Total:24
6-Month Rental Trend
Feb 2026
Median Rent:$2,058Median DOM:12New:8Total:17
Mar 2026
Median Rent:$1,575Median DOM:13New:23Total:36
Apr 2026
Median Rent:$1,540Median DOM:18New:37Total:72
May 2026
Median Rent:$1,551Median DOM:25New:25Total:88
Jun 2026
Median Rent:$1,556Median DOM:23New:53Total:114
Jul 2026
Median Rent:$1,565Median DOM:23New:7Total:107
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro