ZIP 60607 Housing Market Report

Chicago Metro

Report period: March 2026

60607 Monthly Market Update – March 2026

ZIP 60607 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$473,000
−0.4%
Median DOM (Sales)
23
−11.5%
New Listings (Sales)
21
−65.0%
Median Rent
$2,950
−0.3%
Median DOM (Rental)
17
−34.6%
Total Rental Listings
611
+11.7%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (5 DOM)
  • Fastest renting: Apartment (17 DOM)
  • Strongest bedroom: 5 Beds ($2,999,000 median)

Sales Market Overview

Median Price
$473,000
−0.4%
Median DOM
23
−11.5%
New Listings
21
−65.0%
Inventory
187
+3.9%
  • Average Price: $784,422
  • Median Price: $473,000
  • Price Range: $19,900 – $9,750,000
  • Price per Sq Ft (Avg/Median): $459 / $416
  • Square Footage (Avg/Median): 1,525 / 1,223
  • Square Footage Range: 625 – 5,250
  • Days on Market (Avg/Median): 49 / 23
  • Days on Market Range: 2 – 345
  • New Listings: 21
  • Total Listings: 187

Sales by Property Type

Condo
Avg/Median Price$723,958 / $449,900Range$223,000 – $4,850,000Price per Sq Ft$464 / $417Sq Ft1,495 / 1,200DOM46 / 21New20Total168
Land
Avg/Median Price$1,953,988 / $50,000Range$19,900 – $9,750,000Price per Sq FtSq FtDOM131 / 95New0Total8
Multi-Family
Avg/Median Price$686,000 / $699,999Range$565,000 – $779,000Price per Sq FtSq FtDOM89 / 19New0Total4
Single Family
Avg/Median Price$1,099,000 / $800,000Range$800,000 – $1,398,000Price per Sq Ft$363 / $325Sq Ft3,150 / 2,000DOM21 / 5New0Total2
Townhouse
Avg/Median Price$897,600 / $649,999Range$473,000 – $1,995,000Price per Sq Ft$313 / $325Sq Ft1,837 / 2,000DOM19 / 15New1Total5

Sales by Bedroom Count

Studio
Avg:$700,000Median:$700,000Range:$700,000 – $700,000PSF:Sq Ft:DOM:22 / 22New:0Total:1
1 Beds
Avg:$321,585Median:$314,500Range:$223,000 – $505,000PSF:$405 / $392Sq Ft:829 / 780DOM:44 / 19New:6Total:59
2 Beds
Avg:$572,390Median:$539,900Range:$264,034 – $1,149,000PSF:$436 / $405Sq Ft:1,391 / 1,270DOM:47 / 23New:8Total:78
3 Beds
Avg:$1,225,846Median:$799,900Range:$241,900 – $4,850,000PSF:$527 / $435Sq Ft:2,121 / 1,900DOM:39 / 11New:4Total:25
4 Beds
Avg:$2,141,600Median:$2,175,000Range:$565,000 – $4,000,000PSF:$695 / $752Sq Ft:3,677 / 3,310DOM:80 / 14New:3Total:10
5 Beds
Avg:$2,778,780Median:$2,999,000Range:$1,449,900 – $3,995,000PSF:$638 / $807Sq Ft:4,686 / 4,949DOM:31 / 24New:0Total:5
6 Beds
Avg:$779,000Median:$779,000Range:$779,000 – $779,000PSF:Sq Ft:DOM:19 / 19New:0Total:1

Rental Market Overview

Median Rent
$2,950
−0.3%
Median DOM
17
−34.6%
New Listings
78
Inventory
611
+11.7%
  • Average Rent: $3,249
  • Median Rent: $2,950
  • Rent Range: $1,288 – $10,000
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 885 / 794
  • Square Footage Range: 405 – 2,500
  • Days on Market (Avg/Median): 65 / 17
  • Days on Market Range: 1 – 364
  • New Listings: 78
  • Total Listings: 611

Rentals by Property Type

Apartment
$2,956
Median DOM: 17
Inventory: 454
MoM: −0.3%
Condo
$2,950
Median DOM: 23
Inventory: 130
MoM: −0.3%
Single Family
$2,865
Median DOM: 27
Inventory: 27
MoM: −0.3%
Townhouse
Median DOM:
Inventory:
MoM: −0.3%
Apartment
Avg/Median Rent$3,235 / $2,956Range$1,288 – $9,995Rent per Sq Ft$4 / $4Sq Ft822 / 749DOM68 / 17New66Total454
Condo
Avg/Median Rent$3,272 / $2,950Range$1,800 – $8,750Rent per Sq Ft$3 / $3Sq Ft1,109 / 1,052DOM59 / 23New10Total130
Single Family
Avg/Median Rent$3,358 / $2,865Range$1,750 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,078 / 1,000DOM44 / 27New2Total27

Rentals by Bedroom Count

Studio
Avg:$2,264Median:$2,200Range:$1,745 – $3,650PSF:$5 / $5Sq Ft:486 / 465DOM:67 / 17New:9Total:94
1 Beds
Avg:$2,831Median:$2,800Range:$1,640 – $5,100PSF:$4 / $4Sq Ft:754 / 738DOM:60 / 17New:32Total:249
2 Beds
Avg:$3,701Median:$3,690Range:$1,288 – $9,995PSF:$3 / $3Sq Ft:1,140 / 1,100DOM:60 / 20New:32Total:218
3 Beds
Avg:$5,188Median:$5,000Range:$2,400 – $8,750PSF:$3 / $3Sq Ft:1,514 / 1,383DOM:114 / 28New:3Total:44
4 Beds
Avg:$5,333Median:$4,000Range:$3,500 – $10,000PSF:$4 / $3Sq Ft:1,516 / 1,095DOM:38 / 28New:2Total:6

6-Month Sales Trend

Oct 2025
Median Price:$519,000Median DOM:51New:69Total:294
Nov 2025
Median Price:$505,000Median DOM:56New:39Total:256
Dec 2025
Median Price:$525,000Median DOM:64New:19Total:204
Jan 2026
Median Price:$499,000Median DOM:44New:64Total:190
Feb 2026
Median Price:$475,000Median DOM:26New:60Total:180
Mar 2026
Median Price:$473,000Median DOM:23New:21Total:187

6-Month Rental Trend

Oct 2025
Median Rent:$2,853Median DOM:42New:85Total:544
Nov 2025
Median Rent:$2,909Median DOM:47New:75Total:522
Dec 2025
Median Rent:$2,950Median DOM:51New:59Total:472
Jan 2026
Median Rent:$2,909Median DOM:56New:65Total:423
Feb 2026
Median Rent:$2,960Median DOM:26New:152Total:547
Mar 2026
Median Rent:$2,950Median DOM:17New:78Total:611

Key Market Takeaways

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