ZIP 60620 Housing Market Report

Chicago Metro

Report period: May 2026

60620 Monthly Market Update – May 2026

ZIP 60620 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$275,000
0.0%
Median DOM (Sales)
39
−7.1%
New Listings (Sales)
25
−65.3%
Median Rent
$1,400
0.0%
Median DOM (Rental)
88
+4.8%
Total Rental Listings
246
−0.4%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (16 DOM)
  • Fastest renting: Condo (31 DOM)
  • Strongest bedroom: 8 Beds ($410,000 median)

Sales Market Overview

Median Price
$275,000
0.0%
Median DOM
39
−7.1%
New Listings
25
−65.3%
Inventory
269
−3.9%
  • Average Price: $257,492
  • Median Price: $275,000
  • Price Range: $7,000 – $500,000
  • Price per Sq Ft (Avg/Median): $153 / $147
  • Square Footage (Avg/Median): 1,799 / 1,538
  • Square Footage Range: 748 – 6,525
  • Days on Market (Avg/Median): 63 / 39
  • Days on Market Range: 1 – 350
  • New Listings: 25
  • Total Listings: 269

Sales by Property Type

Land
Avg/Median Price$149,085 / $30,000Range$7,000 – $500,000Price per Sq FtSq FtDOM100 / 61New1Total20
Multi-Family
Avg/Median Price$304,743 / $300,000Range$47,500 – $499,900Price per Sq Ft$117 / $115Sq Ft2,524 / 2,400DOM78 / 42New5Total65
Single Family
Avg/Median Price$253,062 / $269,000Range$45,000 – $465,000Price per Sq Ft$154 / $147Sq Ft1,786 / 1,518DOM55 / 29New19Total183
Townhouse
Avg/Median Price$165,000 / $165,000Range$165,000 – $165,000Price per Sq Ft$133 / $133Sq Ft1,240 / 1,240DOM16 / 16New0Total1

Sales by Bedroom Count

1 Beds
Avg:$99,000Median:$99,000Range:$99,000 – $99,000PSF:$96 / $96Sq Ft:1,031 / 1,031DOM:86 / 86New:0Total:1
2 Beds
Avg:$202,592Median:$169,900Range:$99,000 – $339,900PSF:$161 / $148Sq Ft:1,299 / 1,080DOM:48 / 14New:2Total:14
3 Beds
Avg:$250,299Median:$259,000Range:$75,000 – $399,999PSF:$165 / $156Sq Ft:1,700 / 1,400DOM:46 / 26New:11Total:85
4 Beds
Avg:$266,089Median:$285,000Range:$75,000 – $465,000PSF:$138 / $132Sq Ft:1,979 / 1,924DOM:62 / 36New:7Total:82
5 Beds
Avg:$262,799Median:$279,999Range:$45,000 – $450,000PSF:$147 / $143Sq Ft:1,903 / 1,730DOM:88 / 45New:2Total:35
6 Beds
Avg:$313,871Median:$300,000Range:$184,900 – $469,000PSF:$162 / $135Sq Ft:2,308 / 2,200DOM:51 / 36New:2Total:21
7 Beds
Avg:$398,514Median:$390,000Range:$315,000 – $489,900PSF:Sq Ft:DOM:101 / 57New:0Total:7
8 Beds
Avg:$418,725Median:$410,000Range:$350,000 – $499,900PSF:Sq Ft:DOM:98 / 77New:0Total:4

Rental Market Overview

Median Rent
$1,400
0.0%
Median DOM
88
+4.8%
New Listings
17
Inventory
246
−0.4%
  • Average Rent: $1,457
  • Median Rent: $1,400
  • Rent Range: $650 – $3,495
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 924 / 802
  • Square Footage Range: 422 – 2,500
  • Days on Market (Avg/Median): 111 / 88
  • Days on Market Range: 1 – 355
  • New Listings: 17
  • Total Listings: 246

Rentals by Property Type

Apartment
$1,330
Median DOM: 112
Inventory: 187
MoM: 0.0%
Condo
$1,550
Median DOM: 31
Inventory: 12
MoM: 0.0%
Single Family
$1,600
Median DOM: 42
Inventory: 46
MoM: 0.0%
Townhouse
$1,850
Median DOM: 91
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,388 / $1,330Range$775 – $3,195Rent per Sq Ft$2 / $2Sq Ft819 / 750DOM124 / 112New14Total187
Condo
Avg/Median Rent$1,566 / $1,550Range$1,350 – $1,845Rent per Sq Ft$2 / $2Sq Ft1,097 / 1,000DOM74 / 31New0Total12
Single Family
Avg/Median Rent$1,702 / $1,600Range$650 – $3,495Rent per Sq Ft$1 / $1Sq Ft1,236 / 1,100DOM75 / 42New3Total46
Townhouse
Avg/Median Rent$1,850 / $1,850Range$1,850 – $1,850Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM91 / 91New0Total1

Rentals by Bedroom Count

Studio
Avg:$974Median:$850Range:$650 – $1,500PSF:$2 / $2Sq Ft:551 / 500DOM:131 / 80New:0Total:12
1 Beds
Avg:$1,137Median:$1,055Range:$845 – $1,580PSF:$2 / $2Sq Ft:701 / 650DOM:99 / 63New:4Total:50
2 Beds
Avg:$1,403Median:$1,400Range:$795 – $3,000PSF:$2 / $2Sq Ft:852 / 789DOM:110 / 98New:10Total:117
3 Beds
Avg:$1,794Median:$1,795Range:$1,180 – $3,195PSF:$1 / $1Sq Ft:1,233 / 1,200DOM:118 / 90New:2Total:57
4 Beds
Avg:$2,229Median:$2,400Range:$1,600 – $2,700PSF:$1 / $1Sq Ft:1,801 / 1,328DOM:85 / 42New:1Total:7
5 Beds
Avg:$2,175Median:$1,950Range:$1,950 – $2,400PSF:$2 / $1Sq Ft:1,552 / 1,100DOM:250 / 220New:0Total:2
6 Beds
Avg:$3,495Median:$3,495Range:$3,495 – $3,495PSF:$2 / $2Sq Ft:1,920 / 1,920DOM:18 / 18New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$250,000Median DOM:58New:53Total:338
Jan 2026
Median Price:$250,000Median DOM:55New:72Total:337
Feb 2026
Median Price:$256,000Median DOM:43New:64Total:274
Mar 2026
Median Price:$275,000Median DOM:40New:69Total:275
Apr 2026
Median Price:$275,000Median DOM:42New:72Total:280
May 2026
Median Price:$275,000Median DOM:39New:25Total:269

6-Month Rental Trend

Dec 2025
Median Rent:$1,450Median DOM:59New:57Total:235
Jan 2026
Median Rent:$1,500Median DOM:72New:32Total:251
Feb 2026
Median Rent:$1,500Median DOM:67New:57Total:279
Mar 2026
Median Rent:$1,450Median DOM:71New:34Total:267
Apr 2026
Median Rent:$1,400Median DOM:84New:31Total:247
May 2026
Median Rent:$1,400Median DOM:88New:17Total:246

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. 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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