ZIP 60608 Housing Market Report

Chicago Metro

Report period: August 2026

60608 Monthly Market Update – August 2026

ZIP 60608 · Last updated Aug 9, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$403,000
−3.8%
Median DOM (Sales)
14
−6.7%
New Listings (Sales)
32
−42.9%
Median Rent
$2,050
0.0%
Median DOM (Rental)
31
+14.8%
Total Rental Listings
411
+0.2%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (8 DOM)
  • Fastest renting: Single Family (13 DOM)
  • Strongest bedroom: 4 Beds ($699,000 median)

Sales Market Overview

Median Price
$403,000
−3.8%
Median DOM
14
−6.7%
New Listings
32
−42.9%
Inventory
147
−1.3%
  • Average Price: $468,896
  • Median Price: $403,000
  • Price Range: $100,000 – $1,549,000
  • Price per Sq Ft (Avg/Median): $330 / $306
  • Square Footage (Avg/Median): 1,516 / 1,226
  • Square Footage Range: 630 – 4,920
  • Days on Market (Avg/Median): 45 / 14
  • Days on Market Range: 1 – 349
  • New Listings: 32
  • Total Listings: 147

Sales by Property Type

Condo
Avg/Median Price$386,347 / $359,000Range$194,900 – $725,000Price per Sq Ft$323 / $314Sq Ft1,190 / 1,110DOM32 / 13New16Total61
Land
Avg/Median Price$333,713 / $249,900Range$100,000 – $999,000Price per Sq FtSq FtDOM128 / 108New2Total15
Multi-Family
Avg/Median Price$567,103 / $499,500Range$159,000 – $1,549,000Price per Sq Ft$376 / $359Sq Ft2,317 / 2,200DOM36 / 16New10Total36
Single Family
Avg/Median Price$582,696 / $535,000Range$199,000 – $1,200,000Price per Sq Ft$363 / $252Sq Ft2,069 / 1,791DOM39 / 8New4Total24
Townhouse
Avg/Median Price$541,318 / $511,500Range$398,000 – $739,000Price per Sq Ft$288 / $295Sq Ft1,872 / 1,900DOM54 / 28New0Total11

Sales by Bedroom Count

Studio
Avg:$279,900Median:$279,900Range:$279,900 – $279,900PSF:Sq Ft:DOM:68 / 68New:0Total:1
1 Beds
Avg:$270,700Median:$260,000Range:$194,900 – $399,999PSF:$304 / $306Sq Ft:852 / 850DOM:36 / 22New:3Total:14
2 Beds
Avg:$357,167Median:$354,999Range:$269,999 – $511,500PSF:$322 / $322Sq Ft:1,132 / 1,131DOM:31 / 13New:6Total:31
3 Beds
Avg:$516,060Median:$498,000Range:$199,000 – $950,000PSF:$346 / $305Sq Ft:1,683 / 1,600DOM:42 / 9New:8Total:40
4 Beds
Avg:$670,894Median:$699,000Range:$300,000 – $1,199,000PSF:$339 / $304Sq Ft:2,415 / 2,200DOM:34 / 5New:5Total:16
5 Beds
Avg:$607,983Median:$524,900Range:$375,000 – $1,200,000PSF:$293 / $250Sq Ft:3,292 / 1,791DOM:47 / 37New:0Total:6
6 Beds
Avg:$515,838Median:$485,000Range:$159,000 – $789,900PSF:Sq Ft:DOM:25 / 26New:1Total:8
7 Beds
Avg:$629,658Median:$518,000Range:$300,000 – $1,549,000PSF:Sq Ft:DOM:45 / 3New:5Total:12
8 Beds
Avg:$518,250Median:$450,000Range:$339,000 – $755,000PSF:Sq Ft:DOM:10 / 1New:2Total:4

Rental Market Overview

Median Rent
$2,050
0.0%
Median DOM
31
+14.8%
New Listings
15
Inventory
411
+0.2%
  • Average Rent: $2,234
  • Median Rent: $2,050
  • Rent Range: $950 – $7,700
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,016 / 902
  • Square Footage Range: 280 – 3,510
  • Days on Market (Avg/Median): 60 / 31
  • Days on Market Range: 2 – 360
  • New Listings: 15
  • Total Listings: 411

Rentals by Property Type

Apartment
$2,000
Median DOM: 40
Inventory: 311
MoM: 0.0%
Condo
$2,500
Median DOM: 26
Inventory: 50
MoM: 0.0%
Single Family
$2,100
Median DOM: 13
Inventory: 46
MoM: 0.0%
Townhouse
$2,499
Median DOM:
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$2,160 / $2,000Range$1,000 – $7,700Rent per Sq Ft$3 / $2Sq Ft957 / 850DOM68 / 40New7Total311
Condo
Avg/Median Rent$2,560 / $2,500Range$1,200 – $5,700Rent per Sq Ft$2 / $2Sq Ft1,120 / 1,147DOM47 / 26New5Total50
Multi-Family
Avg/Median Rent$1,925 / $1,900Range$1,900 – $1,950Rent per Sq Ft$2 / $1Sq Ft1,250 / 1,000DOM194 / 28New0Total2
Single Family
Avg/Median Rent$2,384 / $2,100Range$950 – $4,995Rent per Sq Ft$2 / $2Sq Ft1,252 / 1,050DOM26 / 13New3Total46
Townhouse
Avg/Median Rent$2,500 / $2,499Range$2,499 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOMNew0Total2

Rentals by Bedroom Count

Studio
Avg:$2,130Median:$1,972Range:$1,200 – $7,700PSF:$4 / $4Sq Ft:620 / 509DOM:34 / 23New:1Total:29
1 Beds
Avg:$1,846Median:$1,775Range:$950 – $2,600PSF:$3 / $3Sq Ft:710 / 735DOM:77 / 36New:3Total:88
2 Beds
Avg:$2,122Median:$1,900Range:$1,000 – $5,700PSF:$2 / $2Sq Ft:937 / 902DOM:62 / 31New:10Total:182
3 Beds
Avg:$2,739Median:$2,650Range:$1,495 – $4,995PSF:$2 / $2Sq Ft:1,477 / 1,300DOM:52 / 28New:1Total:105
4 Beds
Avg:$3,055Median:$3,475Range:$1,950 – $3,600PSF:$2 / $2Sq Ft:1,601 / 1,500DOM:41 / 28New:0Total:5
5 Beds
Avg:$2,495Median:$2,295Range:$2,295 – $2,695PSF:$2 / $1Sq Ft:1,550 / 1,100DOM:62 / 30New:0Total:2

6-Month Sales Trend

Mar 2026
Median Price:$409,000Median DOM:26New:57Total:155
Apr 2026
Median Price:$414,999Median DOM:24New:44Total:157
May 2026
Median Price:$414,999Median DOM:18New:50Total:158
Jun 2026
Median Price:$425,000Median DOM:15New:57Total:159
Jul 2026
Median Price:$419,000Median DOM:15New:56Total:149
Aug 2026
Median Price:$403,000Median DOM:14New:32Total:147

6-Month Rental Trend

Mar 2026
Median Rent:$2,095Median DOM:27New:116Total:353
Apr 2026
Median Rent:$2,000Median DOM:24New:115Total:405
May 2026
Median Rent:$2,000Median DOM:29New:82Total:410
Jun 2026
Median Rent:$2,000Median DOM:27New:99Total:409
Jul 2026
Median Rent:$2,050Median DOM:27New:105Total:410
Aug 2026
Median Rent:$2,050Median DOM:31New:15Total:411

Key Market Takeaways

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