ZIP 60607 Housing Market Report

Chicago Metro

Report period: July 2026

60607 Monthly Market Update – July 2026

ZIP 60607 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$550,000
−8.3%
Median DOM (Sales)
13
−27.8%
New Listings (Sales)
56
−39.8%
Median Rent
$3,000
0.0%
Median DOM (Rental)
32
+10.3%
Total Rental Listings
933
−4.0%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (5 DOM)
  • Fastest renting: Townhouse (9 DOM)
  • Strongest bedroom: 5 Beds ($2,000,000 median)

Sales Market Overview

Median Price
$550,000
−8.3%
Median DOM
13
−27.8%
New Listings
56
−39.8%
Inventory
226
+2.7%
  • Average Price: $836,920
  • Median Price: $550,000
  • Price Range: $24,000 – $7,500,000
  • Price per Sq Ft (Avg/Median): $461 / $417
  • Square Footage (Avg/Median): 1,616 / 1,279
  • Square Footage Range: 656 – 5,250
  • Days on Market (Avg/Median): 35 / 13
  • Days on Market Range: 1 – 286
  • New Listings: 56
  • Total Listings: 226

Sales by Property Type

Condo
Avg/Median Price$754,435 / $505,000Range$230,000 – $4,950,000Price per Sq Ft$462 / $417Sq Ft1,540 / 1,240DOM33 / 13New53Total205
Land
Avg/Median Price$2,600,428 / $54,999Range$24,000 – $7,500,000Price per Sq FtSq FtDOM105 / 64New1Total7
Multi-Family
Avg/Median Price$1,112,000 / $749,000Range$700,000 – $2,150,000Price per Sq Ft$585 / $585Sq Ft3,675 / 3,675DOM31 / 10New0Total4
Single Family
Avg/Median Price$1,240,880 / $1,300,000Range$829,500 – $1,650,000Price per Sq Ft$408 / $384Sq Ft3,278 / 3,374DOM16 / 5New1Total5
Townhouse
Avg/Median Price$1,125,880 / $949,500Range$649,900 – $1,736,000Price per Sq Ft$407 / $317Sq Ft3,102 / 3,000DOM11 / 8New1Total5

Sales by Bedroom Count

Studio
Avg:$668,333Median:$700,000Range:$580,000 – $725,000PSF:$306 / $186Sq Ft:2,412 / 1,700DOM:36 / 8New:1Total:3
1 Beds
Avg:$347,664Median:$349,900Range:$239,999 – $505,000PSF:$410 / $389Sq Ft:874 / 850DOM:29 / 7New:14Total:52
2 Beds
Avg:$567,162Median:$549,000Range:$230,000 – $1,550,000PSF:$429 / $400Sq Ft:1,307 / 1,268DOM:35 / 18New:25Total:108
3 Beds
Avg:$1,279,745Median:$950,000Range:$340,000 – $4,950,000PSF:$574 / $509Sq Ft:2,292 / 2,200DOM:24 / 10New:11Total:31
4 Beds
Avg:$2,054,243Median:$1,736,000Range:$674,900 – $3,900,000PSF:$601 / $647Sq Ft:3,398 / 3,157DOM:34 / 18New:4Total:14
5 Beds
Avg:$2,019,267Median:$2,000,000Range:$749,000 – $3,250,000PSF:$548 / $645Sq Ft:4,099 / 3,876DOM:45 / 12New:0Total:9
6 Beds
Avg:$1,499,500Median:$849,000Range:$849,000 – $2,150,000PSF:$585 / $585Sq Ft:3,675 / 3,675DOM:52 / 10New:0Total:2

Rental Market Overview

Median Rent
$3,000
0.0%
Median DOM
32
+10.3%
New Listings
42
Inventory
933
−4.0%
  • Average Rent: $3,340
  • Median Rent: $3,000
  • Rent Range: $1,080 – $10,000
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 885 / 771
  • Square Footage Range: 311 – 3,000
  • Days on Market (Avg/Median): 60 / 32
  • Days on Market Range: 1 – 362
  • New Listings: 42
  • Total Listings: 933

Rentals by Property Type

Apartment
$2,995
Median DOM: 37
Inventory: 731
MoM: 0.0%
Condo
$3,150
Median DOM: 19
Inventory: 155
MoM: 0.0%
Single Family
$3,300
Median DOM: 15
Inventory: 43
MoM: 0.0%
Townhouse
$4,500
Median DOM: 9
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$3,276 / $2,995Range$1,080 – $7,995Rent per Sq Ft$4 / $4Sq Ft815 / 743DOM65 / 37New22Total731
Condo
Avg/Median Rent$3,498 / $3,150Range$1,550 – $8,044Rent per Sq Ft$3 / $3Sq Ft1,136 / 1,100DOM56 / 19New13Total155
Multi-Family
Avg/Median Rent$7,000 / $7,000Range$7,000 – $7,000Rent per Sq Ft$2 / $2Sq Ft3,000 / 3,000DOM12 / 12New1Total1
Single Family
Avg/Median Rent$3,641 / $3,300Range$1,600 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,201 / 1,100DOM27 / 15New6Total43
Townhouse
Avg/Median Rent$5,100 / $4,500Range$4,200 – $6,600Rent per Sq Ft$2 / $2Sq Ft2,167 / 2,000DOM19 / 9New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,340Median:$2,300Range:$1,650 – $3,810PSF:$5 / $5Sq Ft:518 / 499DOM:54 / 31New:4Total:149
1 Beds
Avg:$2,913Median:$2,897Range:$1,308 – $4,695PSF:$4 / $4Sq Ft:721 / 720DOM:67 / 37New:15Total:394
2 Beds
Avg:$3,791Median:$3,734Range:$1,600 – $6,500PSF:$3 / $3Sq Ft:1,119 / 1,100DOM:56 / 23New:18Total:271
3 Beds
Avg:$5,127Median:$5,199Range:$2,200 – $8,044PSF:$3 / $3Sq Ft:1,501 / 1,350DOM:60 / 29New:2Total:97
4 Beds
Avg:$4,111Median:$3,575Range:$1,080 – $10,000PSF:$3 / $3Sq Ft:1,370 / 1,100DOM:44 / 32New:2Total:20
5 Beds
Avg:$6,398Median:$5,795Range:$5,795 – $7,000PSF:$3 / $2Sq Ft:2,500 / 2,000DOM:12 / 12New:1Total:2

6-Month Sales Trend

Feb 2026
Median Price:$475,000Median DOM:26New:60Total:180
Mar 2026
Median Price:$485,000Median DOM:20New:75Total:193
Apr 2026
Median Price:$500,000Median DOM:19New:77Total:217
May 2026
Median Price:$499,900Median DOM:20New:72Total:219
Jun 2026
Median Price:$599,900Median DOM:18New:93Total:220
Jul 2026
Median Price:$550,000Median DOM:13New:56Total:226

6-Month Rental Trend

Feb 2026
Median Rent:$2,960Median DOM:26New:152Total:547
Mar 2026
Median Rent:$2,935Median DOM:27New:171Total:699
Apr 2026
Median Rent:$2,900Median DOM:25New:227Total:899
May 2026
Median Rent:$2,979Median DOM:30New:178Total:984
Jun 2026
Median Rent:$3,000Median DOM:29New:206Total:972
Jul 2026
Median Rent:$3,000Median DOM:32New:42Total:933

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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