ZIP 60617 Housing Market Report
Chicago Metro
Report period: August 2026
60617 Monthly Market Update – August 2026
ZIP 60617 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$228,888
+1.8%
Median DOM (Sales)
25
0.0%
New Listings (Sales)
61
−35.8%
Median Rent
$1,495
+0.3%
Median DOM (Rental)
63
−3.1%
Total Rental Listings
135
+1.5%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (21 DOM)
- Fastest renting: Townhouse (6 DOM)
- Strongest bedroom: 7 Beds ($330,000 median)
Sales Market Overview
Median Price
$228,888
+1.8%
Median DOM
25
0.0%
New Listings
61
−35.8%
Inventory
271
+1.5%
- Average Price: $222,986
- Median Price: $228,888
- Price Range: $8,000 – $700,000
- Price per Sq Ft (Avg/Median): $158 / $156
- Square Footage (Avg/Median): 1,534 / 1,344
- Square Footage Range: 550 – 4,868
- Days on Market (Avg/Median): 54 / 25
- Days on Market Range: 1 – 364
- New Listings: 61
- Total Listings: 271
Sales by Property Type
Condo
Avg/Median Price$60,160 / $29,900Range$16,000 – $140,000Price per Sq Ft$48 / $43Sq Ft1,117 / 700DOM51 / 27New1Total5
Land
Avg/Median Price$90,405 / $24,800Range$8,000 – $599,000Price per Sq Ft—Sq Ft—DOM89 / 24New7Total22
Multi-Family
Avg/Median Price$266,366 / $249,900Range$37,500 – $700,000Price per Sq Ft$158 / $134Sq Ft2,199 / 2,350DOM83 / 62New8Total53
Single Family
Avg/Median Price$239,964 / $249,000Range$44,900 – $499,900Price per Sq Ft$164 / $162Sq Ft1,571 / 1,400DOM43 / 21New41Total175
Townhouse
Avg/Median Price$126,787 / $125,000Range$59,900 – $215,000Price per Sq Ft$130 / $133Sq Ft1,023 / 950DOM49 / 27New4Total16
Sales by Bedroom Count
2 Beds
Avg:$164,529Median:$150,000Range:$16,000 – $495,000PSF:$143 / $141Sq Ft:984 / 952DOM:54 / 27New:3Total:28
3 Beds
Avg:$225,769Median:$239,900Range:$58,000 – $400,000PSF:$167 / $167Sq Ft:1,436 / 1,283DOM:44 / 21New:29Total:113
4 Beds
Avg:$246,024Median:$249,999Range:$37,500 – $499,900PSF:$155 / $158Sq Ft:1,841 / 1,500DOM:55 / 22New:15Total:56
5 Beds
Avg:$233,462Median:$249,000Range:$49,900 – $395,000PSF:$133 / $110Sq Ft:2,052 / 1,800DOM:53 / 33New:3Total:24
6 Beds
Avg:$288,200Median:$270,000Range:$55,000 – $700,000PSF:—Sq Ft:—DOM:47 / 32New:1Total:9
7 Beds
Avg:$331,962Median:$330,000Range:$159,000 – $479,000PSF:$193 / $193Sq Ft:2,064 / 2,064DOM:84 / 2New:2Total:8
8 Beds
Avg:$335,618Median:$319,900Range:$130,000 – $599,900PSF:$120 / $105Sq Ft:3,175 / 2,350DOM:88 / 86New:1Total:11
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $164,529 | $150,000 | $16,000 – $495,000 | $143 / $141 | 984 / 952 | 54 / 27 | 3 | 28 |
| 3 Beds | $225,769 | $239,900 | $58,000 – $400,000 | $167 / $167 | 1,436 / 1,283 | 44 / 21 | 29 | 113 |
| 4 Beds | $246,024 | $249,999 | $37,500 – $499,900 | $155 / $158 | 1,841 / 1,500 | 55 / 22 | 15 | 56 |
| 5 Beds | $233,462 | $249,000 | $49,900 – $395,000 | $133 / $110 | 2,052 / 1,800 | 53 / 33 | 3 | 24 |
| 6 Beds | $288,200 | $270,000 | $55,000 – $700,000 | — | — | 47 / 32 | 1 | 9 |
| 7 Beds | $331,962 | $330,000 | $159,000 – $479,000 | $193 / $193 | 2,064 / 2,064 | 84 / 2 | 2 | 8 |
| 8 Beds | $335,618 | $319,900 | $130,000 – $599,900 | $120 / $105 | 3,175 / 2,350 | 88 / 86 | 1 | 11 |
Rental Market Overview
Median Rent
$1,495
+0.3%
Median DOM
63
−3.1%
New Listings
17
Inventory
135
+1.5%
- Average Rent: $1,490
- Median Rent: $1,495
- Rent Range: $775 – $2,800
- Rent per Sq Ft (Avg/Median): $2 / $1
- Square Footage (Avg/Median): 1,060 / 980
- Square Footage Range: 275 – 4,687
- Days on Market (Avg/Median): 92 / 63
- Days on Market Range: 2 – 307
- New Listings: 17
- Total Listings: 135
Rentals by Property Type
Apartment
$1,325
Median DOM: 101
Inventory: 85
MoM: +0.3%
Condo
$1,700
Median DOM: 11
Inventory: 9
MoM: +0.3%
Single Family
$1,600
Median DOM: 34
Inventory: 38
MoM: +0.3%
Townhouse
$1,900
Median DOM: 6
Inventory: 2
MoM: +0.3%
Apartment
Avg/Median Rent$1,371 / $1,325Range$775 – $2,800Rent per Sq Ft$2 / $1Sq Ft907 / 900DOM109 / 101New9Total85
Condo
Avg/Median Rent$1,617 / $1,700Range$1,300 – $1,900Rent per Sq Ft$1 / $1Sq Ft2,349 / 1,650DOM54 / 11New3Total9
Multi-Family
Avg/Median Rent$2,400 / $2,400Range$2,400 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,083 / 1,083DOM7 / 7New1Total1
Single Family
Avg/Median Rent$1,679 / $1,600Range$975 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,182 / 1,038DOM67 / 34New3Total38
Townhouse
Avg/Median Rent$1,900 / $1,900Range$1,900 – $1,900Rent per Sq Ft$2 / $2Sq Ft938 / 931DOM72 / 6New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,140Median:$785Range:$775 – $1,500PSF:$2 / $2Sq Ft:643 / 397DOM:79 / 25New:0Total:4
1 Beds
Avg:$1,075Median:$970Range:$800 – $2,100PSF:$2 / $2Sq Ft:659 / 600DOM:127 / 128New:0Total:21
2 Beds
Avg:$1,412Median:$1,400Range:$950 – $2,400PSF:$1 / $1Sq Ft:1,006 / 900DOM:93 / 60New:7Total:61
3 Beds
Avg:$1,752Median:$1,700Range:$1,150 – $2,800PSF:$2 / $1Sq Ft:1,296 / 1,150DOM:82 / 63New:9Total:44
4 Beds
Avg:$2,072Median:$2,100Range:$1,800 – $2,200PSF:$1 / $1Sq Ft:1,933 / 1,800DOM:51 / 31New:0Total:4
5 Beds
Avg:$2,400Median:$2,400Range:$2,400 – $2,400PSF:$2 / $2Sq Ft:1,083 / 1,083DOM:7 / 7New:1Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,140 | $785 | $775 – $1,500 | $2 / $2 | 643 / 397 | 79 / 25 | 0 | 4 |
| 1 Beds | $1,075 | $970 | $800 – $2,100 | $2 / $2 | 659 / 600 | 127 / 128 | 0 | 21 |
| 2 Beds | $1,412 | $1,400 | $950 – $2,400 | $1 / $1 | 1,006 / 900 | 93 / 60 | 7 | 61 |
| 3 Beds | $1,752 | $1,700 | $1,150 – $2,800 | $2 / $1 | 1,296 / 1,150 | 82 / 63 | 9 | 44 |
| 4 Beds | $2,072 | $2,100 | $1,800 – $2,200 | $1 / $1 | 1,933 / 1,800 | 51 / 31 | 0 | 4 |
| 5 Beds | $2,400 | $2,400 | $2,400 – $2,400 | $2 / $2 | 1,083 / 1,083 | 7 / 7 | 1 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$209,900Median DOM:46New:73Total:306
Apr 2026
Median Price:$200,000Median DOM:37New:80Total:299
May 2026
Median Price:$209,999Median DOM:38New:69Total:280
Jun 2026
Median Price:$225,000Median DOM:33New:80Total:270
Jul 2026
Median Price:$224,900Median DOM:25New:95Total:267
Aug 2026
Median Price:$228,888Median DOM:25New:61Total:271
6-Month Rental Trend
Mar 2026
Median Rent:$1,490Median DOM:66New:31Total:153
Apr 2026
Median Rent:$1,475Median DOM:51New:32Total:160
May 2026
Median Rent:$1,500Median DOM:58New:28Total:162
Jun 2026
Median Rent:$1,500Median DOM:67New:16Total:142
Jul 2026
Median Rent:$1,490Median DOM:65New:19Total:133
Aug 2026
Median Rent:$1,495Median DOM:63New:17Total:135
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market were unchanged, signaling steady 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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