ZIP 60614 Housing Market Report

Chicago Metro

Report period: May 2026

60614 Monthly Market Update – May 2026

ZIP 60614 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$799,000
−0.1%
Median DOM (Sales)
8
+14.3%
New Listings (Sales)
38
−72.7%
Median Rent
$2,700
+1.9%
Median DOM (Rental)
16
−11.1%
Total Rental Listings
1,271
+9.4%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Multi-Family (6 DOM)
  • Strongest bedroom: 6 Beds ($3,695,000 median)

Sales Market Overview

Median Price
$799,000
−0.1%
Median DOM
8
+14.3%
New Listings
38
−72.7%
Inventory
317
+1.3%
  • Average Price: $1,274,312
  • Median Price: $799,000
  • Price Range: $175,000 – $8,995,000
  • Price per Sq Ft (Avg/Median): $504 / $463
  • Square Footage (Avg/Median): 2,430 / 1,725
  • Square Footage Range: 500 – 9,512
  • Days on Market (Avg/Median): 20 / 8
  • Days on Market Range: 1 – 343
  • New Listings: 38
  • Total Listings: 317

Sales by Property Type

Condo
Avg/Median Price$837,434 / $589,000Range$175,000 – $4,650,000Price per Sq Ft$464 / $429Sq Ft1,600 / 1,400DOM16 / 7New26Total216
Land
Avg/Median Price$1,383,300 / $650,000Range$399,900 – $3,100,000Price per Sq FtSq FtDOM166 / 120New0Total3
Multi-Family
Avg/Median Price$1,439,500 / $1,530,000Range$525,000 – $1,700,000Price per Sq Ft$500 / $500Sq Ft2,700 / 2,700DOM20 / 11New1Total11
Single Family
Avg/Median Price$3,038,821 / $2,795,000Range$685,000 – $8,995,000Price per Sq Ft$636 / $603Sq Ft5,042 / 5,200DOM33 / 13New7Total57
Townhouse
Avg/Median Price$995,797 / $945,000Range$599,000 – $1,825,000Price per Sq Ft$470 / $470Sq Ft2,251 / 2,100DOM8 / 6New4Total30

Sales by Bedroom Count

Studio
Avg:$195,500Median:$190,000Range:$175,000 – $239,000PSF:$367 / $360Sq Ft:534 / 515DOM:24 / 15New:0Total:8
1 Beds
Avg:$336,916Median:$330,000Range:$210,000 – $600,000PSF:$409 / $413Sq Ft:843 / 800DOM:20 / 7New:14Total:51
2 Beds
Avg:$594,516Median:$574,900Range:$299,900 – $995,000PSF:$439 / $436Sq Ft:1,390 / 1,400DOM:12 / 7New:6Total:80
3 Beds
Avg:$1,148,898Median:$950,000Range:$449,000 – $3,250,000PSF:$508 / $444Sq Ft:2,295 / 2,300DOM:13 / 7New:10Total:82
4 Beds
Avg:$1,944,154Median:$1,795,000Range:$749,000 – $4,650,000PSF:$564 / $507Sq Ft:3,413 / 3,080DOM:23 / 9New:3Total:50
5 Beds
Avg:$3,009,976Median:$2,750,000Range:$525,000 – $7,750,000PSF:$667 / $663Sq Ft:5,132 / 4,500DOM:28 / 8New:2Total:21
6 Beds
Avg:$3,573,176Median:$3,695,000Range:$1,490,000 – $5,795,000PSF:$715 / $664Sq Ft:5,786 / 5,200DOM:26 / 14New:3Total:17
7 Beds
Avg:$3,625,600Median:$2,595,000Range:$1,350,000 – $8,995,000PSF:$659 / $494Sq Ft:7,290 / 7,404DOM:60 / 15New:0Total:5

Rental Market Overview

Median Rent
$2,700
+1.9%
Median DOM
16
−11.1%
New Listings
164
Inventory
1,271
+9.4%
  • Average Rent: $3,093
  • Median Rent: $2,700
  • Rent Range: $825 – $9,744
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 961 / 750
  • Square Footage Range: 250 – 10,000
  • Days on Market (Avg/Median): 47 / 16
  • Days on Market Range: 1 – 364
  • New Listings: 164
  • Total Listings: 1,271

Rentals by Property Type

Apartment
$2,600
Median DOM: 21
Inventory: 968
MoM: +1.9%
Condo
$3,395
Median DOM: 10
Inventory: 209
MoM: +1.9%
Single Family
$2,995
Median DOM: 8
Inventory: 72
MoM: +1.9%
Townhouse
$5,800
Median DOM: 10
Inventory: 10
MoM: +1.9%
Apartment
Avg/Median Rent$2,924 / $2,600Range$825 – $8,715Rent per Sq Ft$4 / $4Sq Ft894 / 700DOM54 / 21New96Total968
Condo
Avg/Median Rent$3,706 / $3,395Range$1,400 – $9,744Rent per Sq Ft$4 / $3Sq Ft1,278 / 1,200DOM36 / 10New54Total209
Multi-Family
Avg/Median Rent$3,423 / $2,900Range$1,575 – $6,500Rent per Sq Ft$3 / $3Sq Ft1,000 / 1,000DOM38 / 6New1Total12
Single Family
Avg/Median Rent$3,146 / $2,995Range$1,100 – $9,000Rent per Sq Ft$4 / $4Sq Ft895 / 800DOM13 / 8New13Total72
Townhouse
Avg/Median Rent$5,774 / $5,800Range$1,395 – $8,500Rent per Sq Ft$2 / $3Sq Ft1,900 / 2,000DOM53 / 10New0Total10

Rentals by Bedroom Count

Studio
Avg:$1,806Median:$1,775Range:$825 – $3,900PSF:$4 / $4Sq Ft:525 / 410DOM:60 / 23New:41Total:328
1 Beds
Avg:$2,580Median:$2,500Range:$1,395 – $7,641PSF:$4 / $4Sq Ft:805 / 700DOM:47 / 17New:46Total:411
2 Beds
Avg:$3,675Median:$3,600Range:$1,800 – $9,700PSF:$4 / $3Sq Ft:1,128 / 1,050DOM:41 / 15New:30Total:285
3 Beds
Avg:$4,669Median:$4,595Range:$1,500 – $8,715PSF:$3 / $3Sq Ft:1,453 / 1,500DOM:38 / 10New:40Total:187
4 Beds
Avg:$5,807Median:$5,800Range:$2,800 – $9,500PSF:$3 / $3Sq Ft:1,985 / 1,900DOM:53 / 17New:5Total:55
5 Beds
Avg:$7,627Median:$7,495Range:$6,095 – $9,744PSF:$3 / $3Sq Ft:2,385 / 2,000DOM:30 / 9New:2Total:5

6-Month Sales Trend

Dec 2025
Median Price:$749,900Median DOM:54New:20Total:287
Jan 2026
Median Price:$795,000Median DOM:43New:59Total:236
Feb 2026
Median Price:$850,000Median DOM:9New:100Total:207
Mar 2026
Median Price:$799,999Median DOM:8New:106Total:264
Apr 2026
Median Price:$800,000Median DOM:7New:139Total:313
May 2026
Median Price:$799,000Median DOM:8New:38Total:317

6-Month Rental Trend

Dec 2025
Median Rent:$2,195Median DOM:44New:99Total:650
Jan 2026
Median Rent:$2,295Median DOM:36New:139Total:690
Feb 2026
Median Rent:$2,399Median DOM:26New:188Total:762
Mar 2026
Median Rent:$2,595Median DOM:20New:257Total:903
Apr 2026
Median Rent:$2,650Median DOM:18New:324Total:1,162
May 2026
Median Rent:$2,700Median DOM:16New:164Total:1,271

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market lengthened, signaling slower 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.

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