ZIP 60609 Housing Market Report

Chicago Metro

Report period: May 2026

60609 Monthly Market Update – May 2026

ZIP 60609 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$265,000
+6.0%
Median DOM (Sales)
38
−11.6%
New Listings (Sales)
15
−63.4%
Median Rent
$1,500
0.0%
Median DOM (Rental)
33
0.0%
Total Rental Listings
87
−10.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Condo (29 DOM)
  • Strongest bedroom: 8 Beds ($424,900 median)

Sales Market Overview

Median Price
$265,000
+6.0%
Median DOM
38
−11.6%
New Listings
15
−63.4%
Inventory
173
+4.2%
  • Average Price: $284,974
  • Median Price: $265,000
  • Price Range: $5,000 – $980,000
  • Price per Sq Ft (Avg/Median): $213 / $203
  • Square Footage (Avg/Median): 1,620 / 1,333
  • Square Footage Range: 600 – 4,000
  • Days on Market (Avg/Median): 71 / 38
  • Days on Market Range: 2 – 346
  • New Listings: 15
  • Total Listings: 173

Sales by Property Type

Condo
Avg/Median Price$287,335 / $288,000Range$230,000 – $399,900Price per Sq Ft$243 / $212Sq Ft1,276 / 1,240DOM54 / 36New3Total17
Land
Avg/Median Price$86,089 / $34,375Range$5,000 – $672,500Price per Sq FtSq FtDOM136 / 122New2Total37
Multi-Family
Avg/Median Price$353,489 / $329,000Range$49,900 – $875,000Price per Sq Ft$171 / $162Sq Ft2,055 / 1,700DOM60 / 25New4Total66
Single Family
Avg/Median Price$333,078 / $269,900Range$34,900 – $980,000Price per Sq Ft$209 / $215Sq Ft1,652 / 1,237DOM65 / 37New5Total49
Townhouse
Avg/Median Price$394,850 / $349,900Range$167,000 – $566,500Price per Sq Ft$208 / $201Sq Ft1,835 / 1,575DOM11 / 6New1Total4

Sales by Bedroom Count

1 Beds
Avg:$252,300Median:$248,000Range:$219,000 – $289,900PSF:$316 / $322Sq Ft:820 / 900DOM:108 / 156New:0Total:3
2 Beds
Avg:$273,092Median:$265,000Range:$36,000 – $548,000PSF:$232 / $177Sq Ft:1,175 / 1,160DOM:46 / 25New:5Total:19
3 Beds
Avg:$368,308Median:$339,000Range:$47,900 – $800,000PSF:$201 / $200Sq Ft:1,761 / 1,500DOM:61 / 26New:5Total:35
4 Beds
Avg:$268,150Median:$244,900Range:$34,900 – $630,000PSF:$199 / $203Sq Ft:1,572 / 1,328DOM:71 / 25New:1Total:28
5 Beds
Avg:$414,312Median:$305,000Range:$175,000 – $980,000PSF:$221 / $230Sq Ft:2,251 / 2,600DOM:54 / 16New:1Total:17
6 Beds
Avg:$370,230Median:$339,000Range:$49,900 – $679,000PSF:$162 / $162Sq Ft:1,700 / 1,700DOM:69 / 38New:0Total:20
7 Beds
Avg:$382,099Median:$329,900Range:$79,995 – $875,000PSF:Sq Ft:DOM:36 / 34New:1Total:9
8 Beds
Avg:$376,760Median:$424,900Range:$215,000 – $430,000PSF:$147 / $142Sq Ft:2,770 / 2,555DOM:31 / 17New:0Total:5

Rental Market Overview

Median Rent
$1,500
0.0%
Median DOM
33
0.0%
New Listings
5
Inventory
87
−10.3%
  • Average Rent: $1,641
  • Median Rent: $1,500
  • Rent Range: $700 – $4,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,098 / 900
  • Square Footage Range: 400 – 4,568
  • Days on Market (Avg/Median): 57 / 33
  • Days on Market Range: 2 – 320
  • New Listings: 5
  • Total Listings: 87

Rentals by Property Type

Apartment
$1,395
Median DOM: 35
Inventory: 35
MoM: 0.0%
Condo
$1,800
Median DOM: 29
Inventory: 12
MoM: 0.0%
Single Family
$1,500
Median DOM: 33
Inventory: 39
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,445 / $1,395Range$700 – $2,500Rent per Sq Ft$2 / $1Sq Ft997 / 900DOM57 / 35New0Total35
Condo
Avg/Median Rent$2,023 / $1,800Range$1,180 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,375 / 1,100DOM45 / 29New2Total12
Multi-Family
Avg/Median Rent$1,700 / $1,700Range$1,700 – $1,700Rent per Sq Ft$2 / $2Sq Ft800 / 800DOMNew0Total1
Single Family
Avg/Median Rent$1,699 / $1,500Range$900 – $3,700Rent per Sq Ft$2 / $2Sq Ft1,119 / 900DOM60 / 33New3Total39

Rentals by Bedroom Count

Studio
Avg:$1,097Median:$1,095Range:$1,000 – $1,195PSF:$3 / $3Sq Ft:400 / 400DOM:114 / 118New:0Total:3
1 Beds
Avg:$1,169Median:$1,200Range:$700 – $1,495PSF:$2 / $2Sq Ft:698 / 650DOM:36 / 33New:0Total:12
2 Beds
Avg:$1,500Median:$1,395Range:$1,050 – $2,200PSF:$2 / $2Sq Ft:1,012 / 900DOM:64 / 35New:3Total:36
3 Beds
Avg:$1,814Median:$1,720Range:$1,200 – $3,700PSF:$2 / $2Sq Ft:1,142 / 1,000DOM:52 / 33New:2Total:29
4 Beds
Avg:$2,700Median:$2,500Range:$1,700 – $4,800PSF:$1 / $1Sq Ft:1,965 / 1,900DOM:23 / 23New:0Total:5
5 Beds
Avg:$2,500Median:$2,500Range:$2,500 – $2,500PSF:Sq Ft:DOM:13 / 13New:0Total:1
6 Beds
Avg:$2,880Median:$2,880Range:$2,880 – $2,880PSF:$1 / $1Sq Ft:2,000 / 2,000DOM:103 / 103New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$215,000Median DOM:64New:38Total:209
Jan 2026
Median Price:$204,000Median DOM:64New:38Total:211
Feb 2026
Median Price:$239,900Median DOM:68New:34Total:176
Mar 2026
Median Price:$245,000Median DOM:60New:37Total:173
Apr 2026
Median Price:$249,900Median DOM:43New:41Total:166
May 2026
Median Price:$265,000Median DOM:38New:15Total:173

6-Month Rental Trend

Dec 2025
Median Rent:$1,600Median DOM:49New:21Total:87
Jan 2026
Median Rent:$1,600Median DOM:49New:17Total:91
Feb 2026
Median Rent:$1,550Median DOM:42New:25Total:90
Mar 2026
Median Rent:$1,500Median DOM:33New:22Total:96
Apr 2026
Median Rent:$1,500Median DOM:33New:21Total:97
May 2026
Median Rent:$1,500Median DOM:33New:5Total:87

Key Market Takeaways

Median sale prices moved higher 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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