ZIP 60605 Housing Market Report
Chicago Metro
Report period: August 2026
60605 Monthly Market Update – August 2026
ZIP 60605 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$350,000
−2.8%
Median DOM (Sales)
13
−18.8%
New Listings (Sales)
53
−43.0%
Median Rent
$2,563
+0.6%
Median DOM (Rental)
20
−9.1%
Total Rental Listings
1,112
−4.5%
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: Townhouse (6 DOM)
- Fastest renting: Townhouse (13 DOM)
- Strongest bedroom: 4 Beds ($899,999 median)
Sales Market Overview
Median Price
$350,000
−2.8%
Median DOM
13
−18.8%
New Listings
53
−43.0%
Inventory
227
−2.2%
- Average Price: $438,106
- Median Price: $350,000
- Price Range: $21,900 – $3,499,000
- Price per Sq Ft (Avg/Median): $344 / $329
- Square Footage (Avg/Median): 1,390 / 1,240
- Square Footage Range: 520 – 9,542
- Days on Market (Avg/Median): 37 / 13
- Days on Market Range: 1 – 349
- New Listings: 53
- Total Listings: 227
Sales by Property Type
Condo
Avg/Median Price$464,307 / $375,000Range$132,000 – $3,499,000Price per Sq Ft$342 / $328Sq Ft1,367 / 1,232DOM30 / 12New48Total197
Land
Avg/Median Price$36,445 / $30,000Range$21,900 – $80,000Price per Sq Ft—Sq Ft—DOM114 / 103New2Total20
Townhouse
Avg/Median Price$725,280 / $749,000Range$349,900 – $1,199,900Price per Sq Ft$405 / $431Sq Ft1,945 / 1,740DOM44 / 6New3Total10
Sales by Bedroom Count
Studio
Avg:$168,837Median:$155,900Range:$132,000 – $208,000PSF:$253 / $245Sq Ft:685 / 659DOM:74 / 19New:1Total:8
1 Beds
Avg:$277,940Median:$275,000Range:$180,000 – $375,000PSF:$319 / $325Sq Ft:888 / 880DOM:23 / 11New:19Total:69
2 Beds
Avg:$483,270Median:$439,900Range:$249,000 – $899,000PSF:$360 / $350Sq Ft:1,360 / 1,300DOM:27 / 6New:22Total:86
3 Beds
Avg:$739,175Median:$720,000Range:$334,900 – $1,899,000PSF:$378 / $333Sq Ft:2,013 / 1,800DOM:37 / 28New:6Total:37
4 Beds
Avg:$1,325,986Median:$899,999Range:$755,000 – $3,499,000PSF:$335 / $316Sq Ft:3,889 / 3,034DOM:67 / 14New:3Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $168,837 | $155,900 | $132,000 – $208,000 | $253 / $245 | 685 / 659 | 74 / 19 | 1 | 8 |
| 1 Beds | $277,940 | $275,000 | $180,000 – $375,000 | $319 / $325 | 888 / 880 | 23 / 11 | 19 | 69 |
| 2 Beds | $483,270 | $439,900 | $249,000 – $899,000 | $360 / $350 | 1,360 / 1,300 | 27 / 6 | 22 | 86 |
| 3 Beds | $739,175 | $720,000 | $334,900 – $1,899,000 | $378 / $333 | 2,013 / 1,800 | 37 / 28 | 6 | 37 |
| 4 Beds | $1,325,986 | $899,999 | $755,000 – $3,499,000 | $335 / $316 | 3,889 / 3,034 | 67 / 14 | 3 | 7 |
Rental Market Overview
Median Rent
$2,563
+0.6%
Median DOM
20
−9.1%
New Listings
48
Inventory
1,112
−4.5%
- Average Rent: $2,830
- Median Rent: $2,563
- Rent Range: $967 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 816 / 739
- Square Footage Range: 323 – 3,119
- Days on Market (Avg/Median): 54 / 20
- Days on Market Range: 1 – 365
- New Listings: 48
- Total Listings: 1,112
Rentals by Property Type
Apartment
$2,520
Median DOM: 22
Inventory: 969
MoM: +0.6%
Condo
$2,700
Median DOM: 17
Inventory: 118
MoM: +0.6%
Single Family
$3,285
Median DOM: 28
Inventory: 21
MoM: +0.6%
Townhouse
$3,700
Median DOM: 13
Inventory: 4
MoM: +0.6%
Apartment
Avg/Median Rent$2,797 / $2,520Range$989 – $8,806Rent per Sq Ft$4 / $4Sq Ft781 / 722DOM57 / 22New39Total969
Condo
Avg/Median Rent$2,947 / $2,700Range$967 – $6,900Rent per Sq Ft$3 / $3Sq Ft1,048 / 972DOM44 / 17New8Total118
Single Family
Avg/Median Rent$3,440 / $3,285Range$1,650 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,101 / 1,030DOM55 / 28New0Total21
Townhouse
Avg/Median Rent$4,238 / $3,700Range$3,400 – $5,000Rent per Sq Ft$2 / $2Sq Ft2,056 / 2,017DOM16 / 13New1Total4
Rentals by Bedroom Count
Studio
Avg:$2,175Median:$2,151Range:$1,650 – $2,891PSF:$4 / $4Sq Ft:550 / 555DOM:37 / 14New:18Total:284
1 Beds
Avg:$2,579Median:$2,506Range:$1,750 – $5,237PSF:$3 / $3Sq Ft:759 / 739DOM:54 / 21New:16Total:506
2 Beds
Avg:$3,556Median:$3,458Range:$2,100 – $7,995PSF:$3 / $3Sq Ft:1,111 / 1,082DOM:69 / 28New:13Total:284
3 Beds
Avg:$5,414Median:$5,090Range:$967 – $8,009PSF:$3 / $3Sq Ft:1,869 / 1,777DOM:68 / 35New:1Total:29
4 Beds
Avg:$6,373Median:$7,116Range:$1,025 – $10,000PSF:$3 / $3Sq Ft:1,885 / 1,800DOM:118 / 90New:0Total:9
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,175 | $2,151 | $1,650 – $2,891 | $4 / $4 | 550 / 555 | 37 / 14 | 18 | 284 |
| 1 Beds | $2,579 | $2,506 | $1,750 – $5,237 | $3 / $3 | 759 / 739 | 54 / 21 | 16 | 506 |
| 2 Beds | $3,556 | $3,458 | $2,100 – $7,995 | $3 / $3 | 1,111 / 1,082 | 69 / 28 | 13 | 284 |
| 3 Beds | $5,414 | $5,090 | $967 – $8,009 | $3 / $3 | 1,869 / 1,777 | 68 / 35 | 1 | 29 |
| 4 Beds | $6,373 | $7,116 | $1,025 – $10,000 | $3 / $3 | 1,885 / 1,800 | 118 / 90 | 0 | 9 |
6-Month Sales Trend
Mar 2026
Median Price:$369,900Median DOM:23New:75Total:215
Apr 2026
Median Price:$369,000Median DOM:21New:76Total:228
May 2026
Median Price:$364,900Median DOM:21New:78Total:235
Jun 2026
Median Price:$355,000Median DOM:18New:92Total:235
Jul 2026
Median Price:$359,999Median DOM:16New:93Total:232
Aug 2026
Median Price:$350,000Median DOM:13New:53Total:227
6-Month Rental Trend
Mar 2026
Median Rent:$2,661Median DOM:35New:123Total:799
Apr 2026
Median Rent:$2,605Median DOM:31New:179Total:1,021
May 2026
Median Rent:$2,576Median DOM:32New:176Total:1,104
Jun 2026
Median Rent:$2,591Median DOM:28New:165Total:1,101
Jul 2026
Median Rent:$2,547Median DOM:22New:273Total:1,165
Aug 2026
Median Rent:$2,563Median DOM:20New:48Total:1,112
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.
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