ZIP 60622 Housing Market Report

Chicago Metro

Report period: August 2026

60622 Monthly Market Update – August 2026

ZIP 60622 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$699,900
−0.0%
Median DOM (Sales)
6
0.0%
New Listings (Sales)
48
−52.0%
Median Rent
$2,750
+1.9%
Median DOM (Rental)
26
+4.0%
Total Rental Listings
561
−4.6%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (5 DOM)
  • Fastest renting: Multi-Family (12 DOM)
  • Strongest bedroom: 6 Beds ($1,350,000 median)

Sales Market Overview

Median Price
$699,900
−0.0%
Median DOM
6
0.0%
New Listings
48
−52.0%
Inventory
207
−1.9%
  • Average Price: $836,333
  • Median Price: $699,900
  • Price Range: $75,000 – $4,995,000
  • Price per Sq Ft (Avg/Median): $407 / $410
  • Square Footage (Avg/Median): 2,034 / 1,650
  • Square Footage Range: 725 – 9,740
  • Days on Market (Avg/Median): 20 / 6
  • Days on Market Range: 1 – 321
  • New Listings: 48
  • Total Listings: 207

Sales by Property Type

Condo
Avg/Median Price$648,916 / $649,000Range$220,000 – $1,700,000Price per Sq Ft$398 / $391Sq Ft1,651 / 1,500DOM12 / 5New42Total155
Land
Avg/Median Price$1,325,000 / $1,100,000Range$75,000 – $3,500,000Price per Sq FtSq FtDOM148 / 95New0Total5
Multi-Family
Avg/Median Price$1,159,270 / $899,000Range$499,000 – $4,995,000Price per Sq Ft$445 / $513Sq Ft4,699 / 2,956DOM43 / 23New3Total24
Single Family
Avg/Median Price$1,714,620 / $1,500,000Range$525,000 – $4,695,000Price per Sq Ft$453 / $457Sq Ft3,974 / 4,000DOM30 / 6New3Total20
Townhouse
Avg/Median Price$1,266,333 / $1,100,000Range$1,099,000 – $1,600,000Price per Sq Ft$483 / $466Sq Ft2,815 / 2,200DOM15 / 14New0Total3

Sales by Bedroom Count

1 Beds
Avg:$306,843Median:$300,000Range:$220,000 – $379,900PSF:$314 / $333Sq Ft:1,080 / 900DOM:24 / 14New:0Total:7
2 Beds
Avg:$552,149Median:$525,000Range:$249,000 – $1,150,000PSF:$410 / $400Sq Ft:1,390 / 1,250DOM:12 / 5New:18Total:79
3 Beds
Avg:$848,393Median:$765,000Range:$389,900 – $2,550,000PSF:$408 / $415Sq Ft:2,130 / 2,000DOM:11 / 4New:22Total:68
4 Beds
Avg:$1,199,682Median:$1,100,000Range:$499,000 – $2,199,800PSF:$436 / $455Sq Ft:3,061 / 2,912DOM:22 / 1New:3Total:22
5 Beds
Avg:$1,262,882Median:$799,900Range:$525,000 – $4,695,000PSF:$426 / $283Sq Ft:5,625 / 3,000DOM:41 / 1New:4Total:11
6 Beds
Avg:$1,899,970Median:$1,350,000Range:$729,990 – $4,995,000PSF:$425 / $498Sq Ft:6,452 / 4,900DOM:36 / 23New:0Total:7
7 Beds
Avg:$1,044,500Median:$899,000Range:$899,000 – $1,190,000PSF:Sq Ft:DOM:1 / 1New:0Total:2
8 Beds
Avg:$1,227,333Median:$1,250,000Range:$640,000 – $1,850,000PSF:$217 / $217Sq Ft:2,956 / 2,956DOM:83 / 86New:1Total:6

Rental Market Overview

Median Rent
$2,750
+1.9%
Median DOM
26
+4.0%
New Listings
51
Inventory
561
−4.6%
  • Average Rent: $3,074
  • Median Rent: $2,750
  • Rent Range: $986 – $10,000
  • Rent per Sq Ft (Avg/Median): $3 / $3
  • Square Footage (Avg/Median): 1,199 / 1,050
  • Square Footage Range: 355 – 10,753
  • Days on Market (Avg/Median): 52 / 26
  • Days on Market Range: 1 – 363
  • New Listings: 51
  • Total Listings: 561

Rentals by Property Type

Apartment
$2,680
Median DOM: 33
Inventory: 377
MoM: +1.9%
Condo
$3,200
Median DOM: 17
Inventory: 114
MoM: +1.9%
Single Family
$2,550
Median DOM: 15
Inventory: 62
MoM: +1.9%
Townhouse
$6,200
Median DOM: 34
Inventory: 1
MoM: +1.9%
Apartment
Avg/Median Rent$2,953 / $2,680Range$986 – $9,695Rent per Sq Ft$3 / $3Sq Ft1,122 / 1,000DOM62 / 33New23Total377
Condo
Avg/Median Rent$3,402 / $3,200Range$1,450 – $6,335Rent per Sq Ft$3 / $3Sq Ft1,344 / 1,244DOM43 / 17New17Total114
Multi-Family
Avg/Median Rent$2,954 / $2,995Range$2,000 – $4,095Rent per Sq Ft$2 / $2Sq Ft1,379 / 1,200DOM13 / 12New0Total7
Single Family
Avg/Median Rent$3,171 / $2,550Range$1,350 – $10,000Rent per Sq Ft$2 / $2Sq Ft1,352 / 1,100DOM24 / 15New11Total62
Townhouse
Avg/Median Rent$6,200 / $6,200Range$6,200 – $6,200Rent per Sq Ft$3 / $3Sq Ft2,428 / 2,428DOM34 / 34New0Total1

Rentals by Bedroom Count

Studio
Avg:$2,180Median:$2,245Range:$1,199 – $2,650PSF:$4 / $5Sq Ft:541 / 469DOM:66 / 17New:2Total:39
1 Beds
Avg:$2,406Median:$2,350Range:$986 – $4,500PSF:$3 / $3Sq Ft:781 / 714DOM:51 / 25New:5Total:99
2 Beds
Avg:$2,854Median:$2,650Range:$1,500 – $6,335PSF:$3 / $3Sq Ft:1,051 / 1,000DOM:52 / 20New:32Total:250
3 Beds
Avg:$3,727Median:$3,700Range:$2,000 – $9,695PSF:$2 / $2Sq Ft:1,643 / 1,500DOM:46 / 27New:12Total:145
4 Beds
Avg:$5,143Median:$4,995Range:$3,800 – $10,000PSF:$2 / $2Sq Ft:2,232 / 2,200DOM:73 / 43New:0Total:25
5 Beds
Avg:$6,263Median:$5,895Range:$5,895 – $7,000PSF:$2 / $3Sq Ft:3,045 / 2,068DOM:49 / 56New:0Total:3

6-Month Sales Trend

Mar 2026
Median Price:$680,000Median DOM:10New:73Total:207
Apr 2026
Median Price:$699,000Median DOM:9New:94Total:230
May 2026
Median Price:$699,900Median DOM:8New:89Total:235
Jun 2026
Median Price:$699,999Median DOM:7New:102Total:230
Jul 2026
Median Price:$700,000Median DOM:6New:100Total:211
Aug 2026
Median Price:$699,900Median DOM:6New:48Total:207

6-Month Rental Trend

Mar 2026
Median Rent:$2,600Median DOM:16New:211Total:604
Apr 2026
Median Rent:$2,675Median DOM:16New:228Total:714
May 2026
Median Rent:$2,650Median DOM:19New:175Total:730
Jun 2026
Median Rent:$2,700Median DOM:25New:152Total:669
Jul 2026
Median Rent:$2,700Median DOM:25New:142Total:588
Aug 2026
Median Rent:$2,750Median DOM:26New:51Total:561

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady 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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