ZIP 60617 Housing Market Report

Chicago Metro

Report period: May 2026

60617 Monthly Market Update – May 2026

ZIP 60617 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$209,900
+5.0%
Median DOM (Sales)
36
−2.7%
New Listings (Sales)
24
−70.0%
Median Rent
$1,490
+1.0%
Median DOM (Rental)
57
+11.8%
Total Rental Listings
159
−0.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (27 DOM)
  • Fastest renting: Multi-Family (18 DOM)
  • Strongest bedroom: 7 Beds ($330,000 median)

Sales Market Overview

Median Price
$209,900
+5.0%
Median DOM
36
−2.7%
New Listings
24
−70.0%
Inventory
289
−3.3%
  • Average Price: $210,365
  • Median Price: $209,900
  • Price Range: $9,900 – $525,000
  • Price per Sq Ft (Avg/Median): $150 / $146
  • Square Footage (Avg/Median): 1,564 / 1,344
  • Square Footage Range: 608 – 4,409
  • Days on Market (Avg/Median): 64 / 36
  • Days on Market Range: 2 – 363
  • New Listings: 24
  • Total Listings: 289

Sales by Property Type

Condo
Avg/Median Price$89,967 / $90,000Range$24,900 – $155,000Price per Sq Ft$78 / $44Sq Ft1,247 / 996DOM53 / 42New0Total3
Land
Avg/Median Price$75,300 / $30,000Range$9,900 – $385,000Price per Sq FtSq FtDOM117 / 81New1Total19
Multi-Family
Avg/Median Price$239,522 / $249,000Range$38,000 – $525,000Price per Sq Ft$130 / $105Sq Ft2,523 / 2,520DOM67 / 34New5Total71
Single Family
Avg/Median Price$220,521 / $220,000Range$22,900 – $439,000Price per Sq Ft$153 / $148Sq Ft1,559 / 1,398DOM59 / 36New17Total184
Townhouse
Avg/Median Price$126,083 / $99,900Range$55,000 – $225,000Price per Sq Ft$119 / $85Sq Ft1,321 / 956DOM74 / 27New1Total12

Sales by Bedroom Count

2 Beds
Avg:$177,932Median:$161,000Range:$24,900 – $525,000PSF:$153 / $148Sq Ft:1,171 / 1,008DOM:65 / 33New:3Total:38
3 Beds
Avg:$219,499Median:$219,900Range:$22,900 – $425,000PSF:$156 / $150Sq Ft:1,518 / 1,300DOM:63 / 41New:8Total:102
4 Beds
Avg:$211,244Median:$220,000Range:$38,000 – $439,000PSF:$143 / $130Sq Ft:1,687 / 1,584DOM:60 / 39New:4Total:61
5 Beds
Avg:$234,550Median:$249,000Range:$49,900 – $433,900PSF:$121 / $103Sq Ft:2,150 / 1,800DOM:51 / 28New:5Total:26
6 Beds
Avg:$225,633Median:$215,000Range:$49,900 – $360,000PSF:Sq Ft:DOM:57 / 23New:1Total:18
7 Beds
Avg:$295,364Median:$330,000Range:$93,900 – $499,900PSF:$131 / $69Sq Ft:2,292 / 2,064DOM:86 / 53New:2Total:11
8 Beds
Avg:$279,986Median:$275,000Range:$80,000 – $450,000PSF:$120 / $105Sq Ft:3,175 / 2,350DOM:62 / 34New:0Total:14

Rental Market Overview

Median Rent
$1,490
+1.0%
Median DOM
57
+11.8%
New Listings
11
Inventory
159
−0.6%
  • Average Rent: $1,550
  • Median Rent: $1,490
  • Rent Range: $760 – $4,400
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,043 / 1,000
  • Square Footage Range: 275 – 2,700
  • Days on Market (Avg/Median): 87 / 57
  • Days on Market Range: 1 – 327
  • New Listings: 11
  • Total Listings: 159

Rentals by Property Type

Apartment
$1,350
Median DOM: 71
Inventory: 100
MoM: +1.0%
Condo
$1,600
Median DOM: 57
Inventory: 13
MoM: +1.0%
Single Family
$1,700
Median DOM: 36
Inventory: 40
MoM: +1.0%
Townhouse
$1,600
Median DOM: 35
Inventory: 4
MoM: +1.0%
Apartment
Avg/Median Rent$1,389 / $1,350Range$760 – $3,072Rent per Sq Ft$2 / $1Sq Ft936 / 900DOM99 / 71New6Total100
Condo
Avg/Median Rent$1,661 / $1,600Range$1,250 – $2,475Rent per Sq Ft$1 / $1Sq Ft1,387 / 1,373DOM86 / 57New1Total13
Multi-Family
Avg/Median Rent$1,400 / $1,400Range$1,400 – $1,400Rent per Sq Ft$1 / $1Sq Ft1,000 / 1,000DOM73 / 18New0Total2
Single Family
Avg/Median Rent$1,907 / $1,700Range$975 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,189 / 1,100DOM59 / 36New4Total40
Townhouse
Avg/Median Rent$1,738 / $1,600Range$1,550 – $1,900Rent per Sq Ft$2 / $2Sq Ft932 / 931DOM60 / 35New0Total4

Rentals by Bedroom Count

Studio
Avg:$853Median:$785Range:$760 – $1,015PSF:$2 / $2Sq Ft:374 / 397DOM:208 / 203New:0Total:3
1 Beds
Avg:$1,083Median:$975Range:$800 – $1,650PSF:$2 / $2Sq Ft:643 / 600DOM:110 / 71New:2Total:23
2 Beds
Avg:$1,437Median:$1,400Range:$950 – $3,072PSF:$1 / $1Sq Ft:969 / 937DOM:88 / 70New:3Total:70
3 Beds
Avg:$1,712Median:$1,700Range:$1,150 – $2,400PSF:$2 / $1Sq Ft:1,184 / 1,200DOM:74 / 47New:5Total:44
4 Beds
Avg:$2,073Median:$1,800Range:$1,350 – $4,400PSF:$2 / $1Sq Ft:1,375 / 1,300DOM:53 / 27New:1Total:14
5 Beds
Avg:$2,567Median:$2,500Range:$2,500 – $2,700PSF:$1 / $1Sq Ft:2,300 / 2,200DOM:67 / 36New:0Total:3
6 Beds
Avg:$2,475Median:$2,475Range:$2,475 – $2,475PSF:$1 / $1Sq Ft:1,750 / 1,750DOM:109 / 109New:0Total:1
7 Beds
Avg:$3,920Median:$3,920Range:$3,920 – $3,920PSF:Sq Ft:DOM:New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$209,999Median DOM:65New:66Total:415
Jan 2026
Median Price:$207,000Median DOM:65New:56Total:368
Feb 2026
Median Price:$199,900Median DOM:53New:70Total:317
Mar 2026
Median Price:$209,900Median DOM:46New:73Total:306
Apr 2026
Median Price:$200,000Median DOM:37New:80Total:299
May 2026
Median Price:$209,900Median DOM:36New:24Total:289

6-Month Rental Trend

Dec 2025
Median Rent:$1,490Median DOM:50New:34Total:148
Jan 2026
Median Rent:$1,500Median DOM:54New:25Total:162
Feb 2026
Median Rent:$1,490Median DOM:69New:21Total:155
Mar 2026
Median Rent:$1,490Median DOM:66New:31Total:153
Apr 2026
Median Rent:$1,475Median DOM:51New:32Total:160
May 2026
Median Rent:$1,490Median DOM:57New:11Total:159

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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