ZIP 60609 Housing Market Report

Chicago Metro

Report period: August 2026

60609 Monthly Market Update – August 2026

ZIP 60609 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$248,000
−4.2%
Median DOM (Sales)
23
−17.9%
New Listings (Sales)
48
−32.4%
Median Rent
$1,600
−5.1%
Median DOM (Rental)
34
+13.3%
Total Rental Listings
84
+3.7%

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 (12 DOM)
  • Fastest renting: Apartment (29 DOM)
  • Strongest bedroom: 8 Beds ($415,000 median)

Sales Market Overview

Median Price
$248,000
−4.2%
Median DOM
23
−17.9%
New Listings
48
−32.4%
Inventory
207
+0.5%
  • Average Price: $259,232
  • Median Price: $248,000
  • Price Range: $8,000 – $920,000
  • Price per Sq Ft (Avg/Median): $205 / $206
  • Square Footage (Avg/Median): 1,554 / 1,344
  • Square Footage Range: 600 – 4,000
  • Days on Market (Avg/Median): 53 / 23
  • Days on Market Range: 1 – 348
  • New Listings: 48
  • Total Listings: 207

Sales by Property Type

Condo
Avg/Median Price$278,994 / $259,000Range$219,999 – $400,000Price per Sq Ft$274 / $254Sq Ft1,078 / 1,041DOM79 / 57New1Total16
Land
Avg/Median Price$82,327 / $19,000Range$8,000 – $672,500Price per Sq FtSq FtDOM68 / 36New13Total59
Multi-Family
Avg/Median Price$345,312 / $344,900Range$79,995 – $875,000Price per Sq Ft$154 / $157Sq Ft1,964 / 1,460DOM43 / 15New17Total76
Single Family
Avg/Median Price$307,626 / $247,000Range$65,000 – $920,000Price per Sq Ft$187 / $170Sq Ft1,621 / 1,400DOM45 / 12New16Total50
Townhouse
Avg/Median Price$452,458 / $484,000Range$135,000 – $568,000Price per Sq Ft$232 / $257Sq Ft1,854 / 2,000DOM51 / 63New1Total6

Sales by Bedroom Count

1 Beds
Avg:$245,166Median:$239,999Range:$229,000 – $265,000PSF:$275 / $322Sq Ft:1,032 / 800DOM:48 / 8New:2Total:6
2 Beds
Avg:$258,891Median:$259,000Range:$68,250 – $449,000PSF:$214 / $229Sq Ft:1,170 / 1,136DOM:67 / 60New:3Total:17
3 Beds
Avg:$357,164Median:$335,000Range:$75,000 – $729,000PSF:$212 / $212Sq Ft:1,655 / 1,580DOM:44 / 12New:11Total:38
4 Beds
Avg:$270,932Median:$239,900Range:$65,000 – $649,000PSF:$166 / $171Sq Ft:1,498 / 1,344DOM:50 / 18New:6Total:30
5 Beds
Avg:$358,757Median:$290,000Range:$129,900 – $920,000PSF:$149 / $135Sq Ft:2,523 / 2,800DOM:37 / 7New:3Total:14
6 Beds
Avg:$364,908Median:$380,000Range:$149,900 – $555,555PSF:Sq Ft:DOM:39 / 9New:5Total:19
7 Beds
Avg:$367,545Median:$360,000Range:$79,995 – $875,000PSF:Sq Ft:DOM:73 / 81New:3Total:11
8 Beds
Avg:$402,500Median:$415,000Range:$149,900 – $599,999PSF:$148 / $139Sq Ft:2,770 / 2,555DOM:33 / 11New:2Total:13

Rental Market Overview

Median Rent
$1,600
−5.1%
Median DOM
34
+13.3%
New Listings
6
Inventory
84
+3.7%
  • Average Rent: $1,737
  • Median Rent: $1,600
  • Rent Range: $950 – $4,800
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,176 / 1,050
  • Square Footage Range: 500 – 4,568
  • Days on Market (Avg/Median): 72 / 34
  • Days on Market Range: 2 – 358
  • New Listings: 6
  • Total Listings: 84

Rentals by Property Type

Apartment
$1,595
Median DOM: 29
Inventory: 43
MoM: −5.1%
Condo
$1,650
Median DOM: 50
Inventory: 15
MoM: −5.1%
Single Family
$1,650
Median DOM: 37
Inventory: 26
MoM: −5.1%
Townhouse
Median DOM:
Inventory:
MoM: −5.1%
Apartment
Avg/Median Rent$1,704 / $1,595Range$950 – $4,800Rent per Sq Ft$2 / $2Sq Ft1,101 / 1,100DOM70 / 29New1Total43
Condo
Avg/Median Rent$1,698 / $1,650Range$1,150 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,095 / 900DOM64 / 50New0Total15
Single Family
Avg/Median Rent$1,814 / $1,650Range$1,100 – $3,650Rent per Sq Ft$2 / $2Sq Ft1,301 / 1,050DOM78 / 37New5Total26

Rentals by Bedroom Count

1 Beds
Avg:$1,240Median:$1,150Range:$950 – $1,600PSF:$2 / $2Sq Ft:693 / 600DOM:96 / 17New:1Total:10
2 Beds
Avg:$1,654Median:$1,500Range:$998 – $3,100PSF:$2 / $2Sq Ft:1,152 / 900DOM:81 / 37New:4Total:38
3 Beds
Avg:$1,828Median:$1,750Range:$1,200 – $3,000PSF:$2 / $2Sq Ft:1,240 / 1,200DOM:58 / 29New:1Total:32
4 Beds
Avg:$3,038Median:$2,000Range:$1,700 – $4,800PSF:$2 / $1Sq Ft:1,750 / 1,300DOM:23 / 27New:0Total:4

6-Month Sales Trend

Mar 2026
Median Price:$245,000Median DOM:60New:37Total:173
Apr 2026
Median Price:$249,900Median DOM:43New:41Total:166
May 2026
Median Price:$264,000Median DOM:32New:51Total:186
Jun 2026
Median Price:$275,000Median DOM:27New:66Total:204
Jul 2026
Median Price:$259,000Median DOM:28New:71Total:206
Aug 2026
Median Price:$248,000Median DOM:23New:48Total:207

6-Month Rental Trend

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:19Total:91
Jun 2026
Median Rent:$1,550Median DOM:34New:15Total:77
Jul 2026
Median Rent:$1,686Median DOM:30New:17Total:81
Aug 2026
Median Rent:$1,600Median DOM:34New:6Total:84

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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