ZIP 60606 Housing Market Report

Chicago Metro

Report period: May 2026

60606 Monthly Market Update – May 2026

ZIP 60606 · Last updated May 11, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$395,000
0.0%
Median DOM (Sales)
28
+27.3%
New Listings (Sales)
2
−83.3%
Median Rent
$2,370
+1.4%
Median DOM (Rental)
26
+18.2%
Total Rental Listings
112
+1.8%

Month-over-Month Movement

Median sale prices were flat. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (27 DOM)
  • Fastest renting: Single Family (21 DOM)
  • Strongest bedroom: 3 Beds ($1,275,000 median)

Sales Market Overview

Median Price
$395,000
0.0%
Median DOM
28
+27.3%
New Listings
2
−83.3%
Inventory
33
+3.1%
  • Average Price: $487,685
  • Median Price: $395,000
  • Price Range: $25,000 – $1,389,000
  • Price per Sq Ft (Avg/Median): $332 / $292
  • Square Footage (Avg/Median): 1,566 / 1,370
  • Square Footage Range: 700 – 2,603
  • Days on Market (Avg/Median): 50 / 28
  • Days on Market Range: 3 – 308
  • New Listings: 2
  • Total Listings: 33

Sales by Property Type

Condo
Avg/Median Price$502,144 / $395,000Range$224,900 – $1,389,000Price per Sq Ft$332 / $292Sq Ft1,566 / 1,370DOM42 / 27New2Total32
Land
Avg/Median Price$25,000 / $25,000Range$25,000 – $25,000Price per Sq FtSq FtDOM308 / 308New0Total1

Sales by Bedroom Count

1 Beds
Avg:$336,112Median:$300,000Range:$224,900 – $450,000PSF:$315 / $291Sq Ft:1,114 / 1,100DOM:18 / 13New:1Total:8
2 Beds
Avg:$409,832Median:$400,000Range:$289,000 – $585,000PSF:$293 / $280Sq Ft:1,468 / 1,370DOM:51 / 33New:1Total:19
3 Beds
Avg:$1,118,580Median:$1,275,000Range:$579,900 – $1,389,000PSF:$464 / $500Sq Ft:2,385 / 2,568DOM:43 / 20New:0Total:5

Rental Market Overview

Median Rent
$2,370
+1.4%
Median DOM
26
+18.2%
New Listings
6
Inventory
112
+1.8%
  • Average Rent: $2,828
  • Median Rent: $2,370
  • Rent Range: $1,865 – $8,545
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 724 / 622
  • Square Footage Range: 372 – 1,988
  • Days on Market (Avg/Median): 65 / 26
  • Days on Market Range: 2 – 365
  • New Listings: 6
  • Total Listings: 112

Rentals by Property Type

Apartment
$2,275
Median DOM: 26
Inventory: 90
MoM: +1.4%
Condo
$2,800
Median DOM: 29
Inventory: 16
MoM: +1.4%
Single Family
$4,500
Median DOM: 21
Inventory: 6
MoM: +1.4%
Townhouse
Median DOM:
Inventory:
MoM: +1.4%
Apartment
Avg/Median Rent$2,634 / $2,275Range$1,865 – $8,545Rent per Sq Ft$4 / $4Sq Ft635 / 600DOM71 / 26New5Total90
Condo
Avg/Median Rent$3,107 / $2,800Range$2,100 – $5,150Rent per Sq Ft$3 / $3Sq Ft1,082 / 1,030DOM46 / 29New1Total16
Single Family
Avg/Median Rent$4,993 / $4,500Range$3,330 – $6,752Rent per Sq Ft$4 / $4Sq Ft1,270 / 1,061DOM35 / 21New0Total6

Rentals by Bedroom Count

Studio
Avg:$2,055Median:$1,960Range:$1,865 – $2,475PSF:$5 / $5Sq Ft:472 / 427DOM:43 / 25New:4Total:42
1 Beds
Avg:$2,734Median:$2,488Range:$2,100 – $5,488PSF:$4 / $4Sq Ft:704 / 681DOM:73 / 29New:1Total:48
2 Beds
Avg:$4,307Median:$3,900Range:$2,800 – $8,545PSF:$3 / $3Sq Ft:1,439 / 1,300DOM:66 / 27New:1Total:18
3 Beds
Avg:$5,425Median:$5,250Range:$5,150 – $5,900PSF:$3 / $3Sq Ft:1,610 / 1,600DOM:199 / 201New:0Total:4

6-Month Sales Trend

Dec 2025
Median Price:$365,000Median DOM:64New:2Total:31
Jan 2026
Median Price:$390,000Median DOM:53New:10Total:31
Feb 2026
Median Price:$375,000Median DOM:38New:7Total:25
Mar 2026
Median Price:$390,000Median DOM:21New:16Total:29
Apr 2026
Median Price:$395,000Median DOM:22New:12Total:32
May 2026
Median Price:$395,000Median DOM:28New:2Total:33

6-Month Rental Trend

Dec 2025
Median Rent:$2,386Median DOM:48New:11Total:73
Jan 2026
Median Rent:$2,476Median DOM:50New:15Total:79
Feb 2026
Median Rent:$2,600Median DOM:43New:15Total:87
Mar 2026
Median Rent:$2,488Median DOM:34New:16Total:85
Apr 2026
Median Rent:$2,337Median DOM:22New:40Total:110
May 2026
Median Rent:$2,370Median DOM:26New:6Total:112

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, while total rental inventory increased.

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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