ZIP 60607 Housing Market Report
Chicago Metro
Report period: August 2026
60607 Monthly Market Update – August 2026
ZIP 60607 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$499,900
−1.8%
Median DOM (Sales)
8
−38.5%
New Listings (Sales)
59
−36.6%
Median Rent
$3,010
−0.0%
Median DOM (Rental)
30
−6.3%
Total Rental Listings
909
−1.1%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (3 DOM)
- Fastest renting: Multi-Family (15 DOM)
- Strongest bedroom: 4 Beds ($2,130,000 median)
Sales Market Overview
Median Price
$499,900
−1.8%
Median DOM
8
−38.5%
New Listings
59
−36.6%
Inventory
220
0.0%
- Average Price: $803,172
- Median Price: $499,900
- Price Range: $24,000 – $6,950,000
- Price per Sq Ft (Avg/Median): $458 / $406
- Square Footage (Avg/Median): 1,640 / 1,268
- Square Footage Range: 700 – 5,250
- Days on Market (Avg/Median): 34 / 8
- Days on Market Range: 1 – 316
- New Listings: 59
- Total Listings: 220
Sales by Property Type
Condo
Avg/Median Price$751,670 / $459,000Range$230,000 – $4,950,000Price per Sq Ft$462 / $409Sq Ft1,555 / 1,223DOM32 / 8New54Total197
Land
Avg/Median Price$1,539,714 / $54,999Range$24,000 – $6,950,000Price per Sq Ft—Sq Ft—DOM113 / 49New1Total7
Multi-Family
Avg/Median Price$1,108,600 / $849,000Range$700,000 – $2,150,000Price per Sq Ft$585 / $585Sq Ft3,675 / 3,675DOM11 / 10New1Total5
Single Family
Avg/Median Price$1,225,900 / $1,300,000Range$829,500 – $1,650,000Price per Sq Ft$402 / $384Sq Ft3,278 / 3,374DOM17 / 5New0Total5
Townhouse
Avg/Median Price$1,028,083 / $699,000Range$550,000 – $1,695,000Price per Sq Ft$358 / $314Sq Ft2,564 / 2,300DOM13 / 3New3Total6
Sales by Bedroom Count
Studio
Avg:$668,333Median:$700,000Range:$580,000 – $725,000PSF:$306 / $186Sq Ft:2,412 / 1,700DOM:56 / 36New:0Total:3
1 Beds
Avg:$350,654Median:$349,900Range:$239,999 – $505,000PSF:$414 / $419Sq Ft:857 / 830DOM:29 / 5New:17Total:49
2 Beds
Avg:$535,929Median:$469,900Range:$230,000 – $1,550,000PSF:$417 / $384Sq Ft:1,277 / 1,219DOM:34 / 14New:20Total:100
3 Beds
Avg:$1,199,422Median:$899,900Range:$340,000 – $4,950,000PSF:$546 / $473Sq Ft:2,206 / 2,160DOM:19 / 5New:15Total:36
4 Beds
Avg:$2,210,243Median:$2,130,000Range:$674,900 – $3,900,000PSF:$623 / $675Sq Ft:3,485 / 3,362DOM:33 / 1New:5Total:14
5 Beds
Avg:$1,865,425Median:$1,650,000Range:$749,000 – $3,000,000PSF:$528 / $384Sq Ft:3,970 / 3,859DOM:49 / 1New:0Total:8
6 Beds
Avg:$1,364,667Median:$1,095,000Range:$849,000 – $2,150,000PSF:$585 / $585Sq Ft:3,675 / 3,675DOM:8 / 10New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $668,333 | $700,000 | $580,000 – $725,000 | $306 / $186 | 2,412 / 1,700 | 56 / 36 | 0 | 3 |
| 1 Beds | $350,654 | $349,900 | $239,999 – $505,000 | $414 / $419 | 857 / 830 | 29 / 5 | 17 | 49 |
| 2 Beds | $535,929 | $469,900 | $230,000 – $1,550,000 | $417 / $384 | 1,277 / 1,219 | 34 / 14 | 20 | 100 |
| 3 Beds | $1,199,422 | $899,900 | $340,000 – $4,950,000 | $546 / $473 | 2,206 / 2,160 | 19 / 5 | 15 | 36 |
| 4 Beds | $2,210,243 | $2,130,000 | $674,900 – $3,900,000 | $623 / $675 | 3,485 / 3,362 | 33 / 1 | 5 | 14 |
| 5 Beds | $1,865,425 | $1,650,000 | $749,000 – $3,000,000 | $528 / $384 | 3,970 / 3,859 | 49 / 1 | 0 | 8 |
| 6 Beds | $1,364,667 | $1,095,000 | $849,000 – $2,150,000 | $585 / $585 | 3,675 / 3,675 | 8 / 10 | 1 | 3 |
Rental Market Overview
Median Rent
$3,010
−0.0%
Median DOM
30
−6.3%
New Listings
64
Inventory
909
−1.1%
- Average Rent: $3,380
- Median Rent: $3,010
- Rent Range: $1,080 – $10,000
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 901 / 785
- Square Footage Range: 311 – 3,000
- Days on Market (Avg/Median): 61 / 30
- Days on Market Range: 1 – 365
- New Listings: 64
- Total Listings: 909
Rentals by Property Type
Apartment
$2,997
Median DOM: 46
Inventory: 681
MoM: −0.0%
Condo
$3,150
Median DOM: 19
Inventory: 170
MoM: −0.0%
Single Family
$3,000
Median DOM: 15
Inventory: 51
MoM: −0.0%
Townhouse
$5,450
Median DOM: 19
Inventory: 6
MoM: −0.0%
Apartment
Avg/Median Rent$3,321 / $2,997Range$1,080 – $9,021Rent per Sq Ft$4 / $4Sq Ft819 / 748DOM71 / 46New29Total681
Condo
Avg/Median Rent$3,506 / $3,150Range$1,550 – $8,000Rent per Sq Ft$3 / $3Sq Ft1,129 / 1,100DOM45 / 19New25Total170
Multi-Family
Avg/Median Rent$7,000 / $7,000Range$7,000 – $7,000Rent per Sq Ft$2 / $2Sq Ft3,000 / 3,000DOM15 / 15New0Total1
Single Family
Avg/Median Rent$3,438 / $3,000Range$1,500 – $10,000Rent per Sq Ft$3 / $3Sq Ft1,224 / 1,100DOM21 / 15New10Total51
Townhouse
Avg/Median Rent$5,358 / $5,450Range$3,400 – $7,250Rent per Sq Ft$3 / $3Sq Ft2,081 / 2,200DOM19 / 19New0Total6
Rentals by Bedroom Count
Studio
Avg:$2,333Median:$2,250Range:$1,234 – $5,000PSF:$5 / $5Sq Ft:515 / 465DOM:62 / 29New:9Total:136
1 Beds
Avg:$2,876Median:$2,850Range:$1,313 – $4,975PSF:$4 / $4Sq Ft:730 / 730DOM:65 / 39New:24Total:382
2 Beds
Avg:$3,846Median:$3,799Range:$1,600 – $6,700PSF:$3 / $3Sq Ft:1,132 / 1,101DOM:54 / 24New:23Total:269
3 Beds
Avg:$5,239Median:$5,400Range:$1,950 – $9,021PSF:$3 / $3Sq Ft:1,518 / 1,417DOM:62 / 25New:6Total:102
4 Beds
Avg:$4,141Median:$3,600Range:$1,080 – $10,000PSF:$3 / $3Sq Ft:1,344 / 1,100DOM:53 / 42New:2Total:18
5 Beds
Avg:$6,398Median:$5,795Range:$5,795 – $7,000PSF:$3 / $2Sq Ft:2,500 / 2,000DOM:15 / 15New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,333 | $2,250 | $1,234 – $5,000 | $5 / $5 | 515 / 465 | 62 / 29 | 9 | 136 |
| 1 Beds | $2,876 | $2,850 | $1,313 – $4,975 | $4 / $4 | 730 / 730 | 65 / 39 | 24 | 382 |
| 2 Beds | $3,846 | $3,799 | $1,600 – $6,700 | $3 / $3 | 1,132 / 1,101 | 54 / 24 | 23 | 269 |
| 3 Beds | $5,239 | $5,400 | $1,950 – $9,021 | $3 / $3 | 1,518 / 1,417 | 62 / 25 | 6 | 102 |
| 4 Beds | $4,141 | $3,600 | $1,080 – $10,000 | $3 / $3 | 1,344 / 1,100 | 53 / 42 | 2 | 18 |
| 5 Beds | $6,398 | $5,795 | $5,795 – $7,000 | $3 / $2 | 2,500 / 2,000 | 15 / 15 | 0 | 2 |
6-Month Sales Trend
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:$509,000Median DOM:13New:93Total:220
Aug 2026
Median Price:$499,900Median DOM:8New:59Total:220
6-Month Rental Trend
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:$3,011Median DOM:32New:150Total:919
Aug 2026
Median Rent:$3,010Median DOM:30New:64Total:909
Key Market Takeaways
Median sale prices softened this month while inventory remained stable. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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