ZIP 60607 Housing Market Report
Chicago Metro
Report period: May 2026
60607 Monthly Market Update – May 2026
ZIP 60607 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$500,000
0.0%
Median DOM (Sales)
19
0.0%
New Listings (Sales)
26
−66.2%
Median Rent
$2,935
+1.2%
Median DOM (Rental)
25
0.0%
Total Rental Listings
961
+6.9%
Month-over-Month Movement
Median sale prices were flat. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (7 DOM)
- Fastest renting: Townhouse (11 DOM)
- Strongest bedroom: 5 Beds ($2,250,000 median)
Sales Market Overview
Median Price
$500,000
0.0%
Median DOM
19
0.0%
New Listings
26
−66.2%
Inventory
224
+3.2%
- Average Price: $836,763
- Median Price: $500,000
- Price Range: $19,900 – $9,750,000
- Price per Sq Ft (Avg/Median): $456 / $418
- Square Footage (Avg/Median): 1,537 / 1,200
- Square Footage Range: 625 – 5,250
- Days on Market (Avg/Median): 37 / 19
- Days on Market Range: 2 – 353
- New Listings: 26
- Total Listings: 224
Sales by Property Type
Condo
Avg/Median Price$745,869 / $489,900Range$212,900 – $4,850,000Price per Sq Ft$457 / $417Sq Ft1,492 / 1,200DOM34 / 19New21Total202
Land
Avg/Median Price$2,562,433 / $449,000Range$19,900 – $9,750,000Price per Sq Ft—Sq Ft—DOM104 / 103New1Total9
Multi-Family
Avg/Median Price$1,069,600 / $820,000Range$699,999 – $2,200,000Price per Sq Ft$599 / $599Sq Ft3,675 / 3,675DOM99 / 43New0Total5
Single Family
Avg/Median Price$899,500 / $899,500Range$899,500 – $899,500Price per Sq Ft$232 / $232Sq Ft3,876 / 3,876DOM7 / 7New1Total1
Townhouse
Avg/Median Price$1,065,700 / $750,000Range$599,999 – $1,835,000Price per Sq Ft$448 / $481Sq Ft2,568 / 2,700DOM13 / 7New3Total7
Sales by Bedroom Count
Studio
Avg:$580,000Median:$580,000Range:$580,000 – $580,000PSF:$186 / $186Sq Ft:3,125 / 3,125DOM:32 / 32New:0Total:1
1 Beds
Avg:$345,468Median:$345,000Range:$212,900 – $505,000PSF:$411 / $391Sq Ft:856 / 830DOM:35 / 18New:6Total:56
2 Beds
Avg:$550,173Median:$525,000Range:$264,034 – $1,500,000PSF:$418 / $397Sq Ft:1,291 / 1,219DOM:33 / 15New:16Total:108
3 Beds
Avg:$1,336,409Median:$1,000,000Range:$599,900 – $4,850,000PSF:$580 / $481Sq Ft:2,317 / 2,200DOM:24 / 22New:0Total:26
4 Beds
Avg:$2,094,545Median:$2,000,000Range:$699,999 – $3,900,000PSF:$688 / $799Sq Ft:3,272 / 3,157DOM:68 / 28New:2Total:11
5 Beds
Avg:$2,341,340Median:$2,250,000Range:$820,000 – $3,750,000PSF:$604 / $667Sq Ft:4,192 / 3,876DOM:44 / 28New:1Total:10
6 Beds
Avg:$1,489,500Median:$779,000Range:$779,000 – $2,200,000PSF:$599 / $599Sq Ft:3,675 / 3,675DOM:45 / 33New:0Total:2
8 Beds
Avg:$849,000Median:$849,000Range:$849,000 – $849,000PSF:—Sq Ft:—DOM:10 / 10New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $580,000 | $580,000 | $580,000 – $580,000 | $186 / $186 | 3,125 / 3,125 | 32 / 32 | 0 | 1 |
| 1 Beds | $345,468 | $345,000 | $212,900 – $505,000 | $411 / $391 | 856 / 830 | 35 / 18 | 6 | 56 |
| 2 Beds | $550,173 | $525,000 | $264,034 – $1,500,000 | $418 / $397 | 1,291 / 1,219 | 33 / 15 | 16 | 108 |
| 3 Beds | $1,336,409 | $1,000,000 | $599,900 – $4,850,000 | $580 / $481 | 2,317 / 2,200 | 24 / 22 | 0 | 26 |
| 4 Beds | $2,094,545 | $2,000,000 | $699,999 – $3,900,000 | $688 / $799 | 3,272 / 3,157 | 68 / 28 | 2 | 11 |
| 5 Beds | $2,341,340 | $2,250,000 | $820,000 – $3,750,000 | $604 / $667 | 4,192 / 3,876 | 44 / 28 | 1 | 10 |
| 6 Beds | $1,489,500 | $779,000 | $779,000 – $2,200,000 | $599 / $599 | 3,675 / 3,675 | 45 / 33 | 0 | 2 |
| 8 Beds | $849,000 | $849,000 | $849,000 – $849,000 | — | — | 10 / 10 | 0 | 1 |
Rental Market Overview
Median Rent
$2,935
+1.2%
Median DOM
25
0.0%
New Listings
79
Inventory
961
+6.9%
- Average Rent: $3,241
- Median Rent: $2,935
- Rent Range: $900 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 857 / 762
- Square Footage Range: 343 – 3,000
- Days on Market (Avg/Median): 54 / 25
- Days on Market Range: 1 – 358
- New Listings: 79
- Total Listings: 961
Rentals by Property Type
Apartment
$2,900
Median DOM: 30
Inventory: 736
MoM: +1.2%
Condo
$2,964
Median DOM: 14
Inventory: 193
MoM: +1.2%
Single Family
$3,500
Median DOM: 12
Inventory: 27
MoM: +1.2%
Townhouse
$6,800
Median DOM: 11
Inventory: 5
MoM: +1.2%
Apartment
Avg/Median Rent$3,185 / $2,900Range$1,080 – $9,235Rent per Sq Ft$4 / $4Sq Ft787 / 737DOM60 / 30New52Total736
Condo
Avg/Median Rent$3,317 / $2,964Range$900 – $8,750Rent per Sq Ft$3 / $3Sq Ft1,116 / 1,020DOM40 / 14New22Total193
Single Family
Avg/Median Rent$3,613 / $3,500Range$1,600 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,109 / 1,100DOM38 / 12New4Total27
Townhouse
Avg/Median Rent$6,520 / $6,800Range$4,500 – $9,000Rent per Sq Ft$2 / $3Sq Ft2,500 / 2,500DOM16 / 11New1Total5
Rentals by Bedroom Count
Studio
Avg:$2,284Median:$2,250Range:$1,227 – $3,650PSF:$5 / $5Sq Ft:492 / 465DOM:46 / 25New:15Total:173
1 Beds
Avg:$2,877Median:$2,842Range:$900 – $5,325PSF:$4 / $4Sq Ft:738 / 737DOM:55 / 27New:24Total:418
2 Beds
Avg:$3,692Median:$3,699Range:$1,800 – $6,700PSF:$3 / $3Sq Ft:1,117 / 1,095DOM:56 / 24New:30Total:277
3 Beds
Avg:$5,411Median:$5,400Range:$2,300 – $9,235PSF:$4 / $4Sq Ft:1,556 / 1,383DOM:65 / 21New:7Total:83
4 Beds
Avg:$4,237Median:$4,000Range:$1,080 – $10,000PSF:$3 / $3Sq Ft:1,425 / 1,280DOM:33 / 25New:3Total:9
5 Beds
Avg:$6,795Median:$6,795Range:$6,795 – $6,795PSF:$3 / $3Sq Ft:2,000 / 2,000DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,284 | $2,250 | $1,227 – $3,650 | $5 / $5 | 492 / 465 | 46 / 25 | 15 | 173 |
| 1 Beds | $2,877 | $2,842 | $900 – $5,325 | $4 / $4 | 738 / 737 | 55 / 27 | 24 | 418 |
| 2 Beds | $3,692 | $3,699 | $1,800 – $6,700 | $3 / $3 | 1,117 / 1,095 | 56 / 24 | 30 | 277 |
| 3 Beds | $5,411 | $5,400 | $2,300 – $9,235 | $4 / $4 | 1,556 / 1,383 | 65 / 21 | 7 | 83 |
| 4 Beds | $4,237 | $4,000 | $1,080 – $10,000 | $3 / $3 | 1,425 / 1,280 | 33 / 25 | 3 | 9 |
| 5 Beds | $6,795 | $6,795 | $6,795 – $6,795 | $3 / $3 | 2,000 / 2,000 | — | 0 | 1 |
6-Month Sales Trend
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:$485,000Median DOM:20New:75Total:193
Apr 2026
Median Price:$500,000Median DOM:19New:77Total:217
May 2026
Median Price:$500,000Median DOM:19New:26Total:224
6-Month Rental Trend
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:$2,935Median DOM:27New:171Total:699
Apr 2026
Median Rent:$2,900Median DOM:25New:227Total:899
May 2026
Median Rent:$2,935Median DOM:25New:79Total:961
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady 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.
600046000560007600086001060016600186002560026600296004360053600566006060062600676006860070600746007660077600896009060091601016010360104601066010760108+168 more
← Back to Chicago Metro