ZIP 60603 Housing Market Report

Chicago Metro

Report period: August 2026

60603 Monthly Market Update – August 2026

ZIP 60603 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$315,000
+1.6%
Median DOM (Sales)
33
−2.9%
New Listings (Sales)
8
−20.0%
Median Rent
$2,378
+5.9%
Median DOM (Rental)
20
−31.0%
Total Rental Listings
46
−9.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (21 DOM)
  • Fastest renting: Condo (7 DOM)
  • Strongest bedroom: 3 Beds ($1,250,000 median)

Sales Market Overview

Median Price
$315,000
+1.6%
Median DOM
33
−2.9%
New Listings
8
−20.0%
Inventory
34
+6.3%
  • Average Price: $517,250
  • Median Price: $315,000
  • Price Range: $6,500 – $1,698,000
  • Price per Sq Ft (Avg/Median): $381 / $319
  • Square Footage (Avg/Median): 1,439 / 1,189
  • Square Footage Range: 700 – 3,000
  • Days on Market (Avg/Median): 59 / 33
  • Days on Market Range: 1 – 189
  • New Listings: 8
  • Total Listings: 34

Sales by Property Type

Condo
Avg/Median Price$583,600 / $325,000Range$220,000 – $1,698,000Price per Sq Ft$381 / $319Sq Ft1,439 / 1,189DOM56 / 21New8Total30
Land
Avg/Median Price$19,625 / $16,000Range$6,500 – $28,000Price per Sq FtSq FtDOM96 / 33New0Total4

Sales by Bedroom Count

1 Beds
Avg:$248,250Median:$223,000Range:$220,000 – $325,000PSF:$324 / $317Sq Ft:762 / 709DOM:42 / 6New:1Total:4
2 Beds
Avg:$449,379Median:$315,000Range:$260,000 – $1,299,000PSF:$340 / $290Sq Ft:1,318 / 1,100DOM:52 / 39New:5Total:19
3 Beds
Avg:$1,181,150Median:$1,250,000Range:$359,000 – $1,698,000PSF:$540 / $506Sq Ft:2,111 / 1,960DOM:87 / 1New:2Total:6
4 Beds
Avg:$889,900Median:$889,900Range:$889,900 – $889,900PSF:$387 / $387Sq Ft:2,300 / 2,300DOM:21 / 21New:0Total:1

Rental Market Overview

Median Rent
$2,378
+5.9%
Median DOM
20
−31.0%
New Listings
3
Inventory
46
−9.8%
  • Average Rent: $2,555
  • Median Rent: $2,378
  • Rent Range: $1,672 – $4,300
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 793 / 727
  • Square Footage Range: 418 – 1,491
  • Days on Market (Avg/Median): 74 / 20
  • Days on Market Range: 2 – 364
  • New Listings: 3
  • Total Listings: 46

Rentals by Property Type

Apartment
$2,270
Median DOM: 70
Inventory: 32
MoM: +5.9%
Condo
$2,700
Median DOM: 7
Inventory: 14
MoM: +5.9%
Single Family
Median DOM:
Inventory:
MoM: +5.9%
Townhouse
Median DOM:
Inventory:
MoM: +5.9%
Apartment
Avg/Median Rent$2,362 / $2,270Range$1,672 – $3,255Rent per Sq Ft$3 / $3Sq Ft690 / 556DOM127 / 70New2Total32
Condo
Avg/Median Rent$2,995 / $2,700Range$2,020 – $4,300Rent per Sq Ft$3 / $3Sq Ft1,082 / 1,004DOM15 / 7New1Total14

Rentals by Bedroom Count

Studio
Avg:$2,054Median:$2,040Range:$1,672 – $2,378PSF:$4 / $4Sq Ft:536 / 542DOM:123 / 42New:1Total:17
1 Beds
Avg:$2,440Median:$2,395Range:$1,945 – $3,200PSF:$3 / $3Sq Ft:787 / 733DOM:86 / 29New:2Total:16
2 Beds
Avg:$3,350Median:$3,225Range:$2,700 – $4,300PSF:$3 / $3Sq Ft:1,185 / 1,144DOM:31 / 16New:0Total:13

6-Month Sales Trend

Mar 2026
Median Price:$595,000Median DOM:31New:8Total:37
Apr 2026
Median Price:$579,900Median DOM:44New:9Total:38
May 2026
Median Price:$560,000Median DOM:59New:5Total:33
Jun 2026
Median Price:$325,000Median DOM:61New:9Total:31
Jul 2026
Median Price:$310,000Median DOM:34New:10Total:32
Aug 2026
Median Price:$315,000Median DOM:33New:8Total:34

6-Month Rental Trend

Mar 2026
Median Rent:$2,100Median DOM:32New:10Total:50
Apr 2026
Median Rent:$2,095Median DOM:38New:6Total:56
May 2026
Median Rent:$2,105Median DOM:44New:10Total:61
Jun 2026
Median Rent:$2,190Median DOM:24New:12Total:61
Jul 2026
Median Rent:$2,245Median DOM:29New:6Total:51
Aug 2026
Median Rent:$2,378Median DOM:20New:3Total:46

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. 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.

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