ZIP 60620 Housing Market Report

Chicago Metro

Report period: August 2026

60620 Monthly Market Update – August 2026

ZIP 60620 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$274,900
+1.1%
Median DOM (Sales)
20
+5.3%
New Listings (Sales)
50
−46.2%
Median Rent
$1,375
0.0%
Median DOM (Rental)
71
−12.3%
Total Rental Listings
235
+1.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Condo (30 DOM)
  • Strongest bedroom: 8 Beds ($479,999 median)

Sales Market Overview

Median Price
$274,900
+1.1%
Median DOM
20
+5.3%
New Listings
50
−46.2%
Inventory
253
−4.2%
  • Average Price: $259,989
  • Median Price: $274,900
  • Price Range: $7,000 – $950,000
  • Price per Sq Ft (Avg/Median): $150 / $142
  • Square Footage (Avg/Median): 1,817 / 1,700
  • Square Footage Range: 700 – 7,807
  • Days on Market (Avg/Median): 47 / 20
  • Days on Market Range: 1 – 342
  • New Listings: 50
  • Total Listings: 253

Sales by Property Type

Land
Avg/Median Price$163,800 / $32,000Range$7,000 – $725,000Price per Sq FtSq FtDOM141 / 128New2Total19
Multi-Family
Avg/Median Price$315,417 / $285,000Range$35,000 – $950,000Price per Sq Ft$105 / $119Sq Ft2,749 / 2,796DOM43 / 24New10Total54
Single Family
Avg/Median Price$255,072 / $269,999Range$45,000 – $499,900Price per Sq Ft$151 / $144Sq Ft1,805 / 1,676DOM41 / 17New37Total176
Townhouse
Avg/Median Price$184,950 / $174,900Range$155,000 – $209,900Price per Sq Ft$140 / $117Sq Ft1,384 / 1,240DOM18 / 6New1Total4

Sales by Bedroom Count

2 Beds
Avg:$164,006Median:$160,000Range:$65,000 – $289,999PSF:$138 / $125Sq Ft:1,212 / 1,100DOM:19 / 17New:4Total:16
3 Beds
Avg:$254,246Median:$262,900Range:$59,900 – $435,000PSF:$168 / $156Sq Ft:1,605 / 1,345DOM:39 / 11New:18Total:78
4 Beds
Avg:$268,134Median:$284,900Range:$59,900 – $499,900PSF:$134 / $135Sq Ft:2,123 / 2,000DOM:43 / 21New:16Total:80
5 Beds
Avg:$261,326Median:$279,999Range:$35,000 – $450,000PSF:$144 / $146Sq Ft:1,714 / 1,500DOM:53 / 26New:5Total:27
6 Beds
Avg:$280,382Median:$289,000Range:$105,000 – $415,000PSF:$141 / $134Sq Ft:2,596 / 2,796DOM:35 / 18New:2Total:17
7 Beds
Avg:$378,570Median:$370,000Range:$240,000 – $525,000PSF:$124 / $124Sq Ft:3,220 / 3,220DOM:60 / 54New:1Total:10
8 Beds
Avg:$525,150Median:$479,999Range:$265,000 – $950,000PSF:Sq Ft:DOM:20 / 10New:2Total:6

Rental Market Overview

Median Rent
$1,375
0.0%
Median DOM
71
−12.3%
New Listings
13
Inventory
235
+1.3%
  • Average Rent: $1,486
  • Median Rent: $1,375
  • Rent Range: $650 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,012 / 900
  • Square Footage Range: 450 – 2,528
  • Days on Market (Avg/Median): 117 / 71
  • Days on Market Range: 2 – 360
  • New Listings: 13
  • Total Listings: 235

Rentals by Property Type

Apartment
$1,275
Median DOM: 99
Inventory: 176
MoM: 0.0%
Condo
$1,550
Median DOM: 30
Inventory: 14
MoM: 0.0%
Single Family
$1,725
Median DOM: 51
Inventory: 45
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,382 / $1,275Range$650 – $3,195Rent per Sq Ft$2 / $2Sq Ft872 / 775DOM133 / 99New12Total176
Condo
Avg/Median Rent$1,511 / $1,550Range$850 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,251 / 1,050DOM52 / 30New1Total14
Single Family
Avg/Median Rent$1,882 / $1,725Range$650 – $4,500Rent per Sq Ft$1 / $1Sq Ft1,386 / 1,300DOM75 / 51New0Total45

Rentals by Bedroom Count

Studio
Avg:$953Median:$860Range:$650 – $1,650PSF:$1 / $1Sq Ft:710 / 600DOM:113 / 61New:0Total:13
1 Beds
Avg:$1,117Median:$1,025Range:$845 – $2,500PSF:$2 / $2Sq Ft:693 / 625DOM:102 / 71New:2Total:40
2 Beds
Avg:$1,378Median:$1,330Range:$965 – $2,200PSF:$2 / $2Sq Ft:894 / 775DOM:146 / 120New:9Total:108
3 Beds
Avg:$1,814Median:$1,750Range:$1,250 – $3,195PSF:$1 / $1Sq Ft:1,313 / 1,256DOM:92 / 46New:2Total:60
4 Beds
Avg:$2,292Median:$2,400Range:$1,750 – $2,650PSF:$1 / $1Sq Ft:1,799 / 1,700DOM:40 / 24New:0Total:13
6 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$2 / $2Sq Ft:1,920 / 1,920DOM:53 / 53New:0Total:1

6-Month Sales Trend

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:33New:69Total:268
Jun 2026
Median Price:$274,900Median DOM:26New:89Total:267
Jul 2026
Median Price:$272,000Median DOM:19New:93Total:264
Aug 2026
Median Price:$274,900Median DOM:20New:50Total:253

6-Month Rental Trend

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:90New:37Total:247
Jun 2026
Median Rent:$1,350Median DOM:77New:40Total:244
Jul 2026
Median Rent:$1,375Median DOM:81New:35Total:232
Aug 2026
Median Rent:$1,375Median DOM:71New:13Total:235

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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