ZIP 60623 Housing Market Report

Chicago Metro

Report period: June 2026

60623 Monthly Market Update – June 2026

ZIP 60623 · Last updated Jun 13, 2026 · Data range Jan 2026 – Jun 2026

Executive Snapshot

Median Sale Price
$289,000
−0.3%
Median DOM (Sales)
47
−14.5%
New Listings (Sales)
27
−30.8%
Median Rent
$1,575
0.0%
Median DOM (Rental)
39
+2.6%
Total Rental Listings
176
−6.9%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (23 DOM)
  • Fastest renting: Multi-Family (8 DOM)
  • Strongest bedroom: 7 Beds ($449,900 median)

Sales Market Overview

Median Price
$289,000
−0.3%
Median DOM
47
−14.5%
New Listings
27
−30.8%
Inventory
148
0.0%
  • Average Price: $262,644
  • Median Price: $289,000
  • Price Range: $6,500 – $600,000
  • Price per Sq Ft (Avg/Median): $212 / $191
  • Square Footage (Avg/Median): 1,704 / 1,707
  • Square Footage Range: 728 – 3,125
  • Days on Market (Avg/Median): 86 / 47
  • Days on Market Range: 1 – 363
  • New Listings: 27
  • Total Listings: 148

Sales by Property Type

Land
Avg/Median Price$72,420 / $42,500Range$6,500 – $349,900Price per Sq FtSq FtDOM134 / 111New9Total50
Multi-Family
Avg/Median Price$373,200 / $380,000Range$85,000 – $599,998Price per Sq Ft$186 / $183Sq Ft2,058 / 1,790DOM69 / 38New12Total68
Single Family
Avg/Median Price$328,748 / $299,000Range$109,900 – $600,000Price per Sq Ft$218 / $231Sq Ft1,628 / 1,700DOM46 / 23New6Total29
Townhouse
Avg/Median Price$339,000 / $339,000Range$339,000 – $339,000Price per Sq Ft$188 / $188Sq Ft1,800 / 1,800DOM131 / 131New0Total1

Sales by Bedroom Count

Studio
Avg:$394,450Median:$289,000Range:$289,000 – $499,900PSF:Sq Ft:DOM:161 / 28New:0Total:2
2 Beds
Avg:$288,112Median:$250,000Range:$110,000 – $550,000PSF:$218 / $236Sq Ft:1,215 / 1,035DOM:43 / 3New:3Total:8
3 Beds
Avg:$305,964Median:$299,000Range:$109,900 – $549,000PSF:$214 / $202Sq Ft:1,533 / 1,381DOM:52 / 15New:4Total:14
4 Beds
Avg:$370,714Median:$349,000Range:$85,000 – $600,000PSF:$219 / $190Sq Ft:1,915 / 1,800DOM:67 / 59New:1Total:21
5 Beds
Avg:$378,885Median:$385,000Range:$169,000 – $599,998PSF:$227 / $226Sq Ft:1,903 / 2,100DOM:59 / 40New:4Total:20
6 Beds
Avg:$337,173Median:$335,000Range:$129,900 – $540,000PSF:$86 / $86Sq Ft:2,800 / 2,800DOM:80 / 23New:3Total:15
7 Beds
Avg:$417,975Median:$449,900Range:$149,900 – $525,000PSF:$183 / $183Sq Ft:1,631 / 1,631DOM:41 / 8New:2Total:8
8 Beds
Avg:$410,890Median:$400,000Range:$220,000 – $575,000PSF:$157 / $157Sq Ft:2,900 / 2,900DOM:69 / 43New:1Total:10

Rental Market Overview

Median Rent
$1,575
0.0%
Median DOM
39
+2.6%
New Listings
12
Inventory
176
−6.9%
  • Average Rent: $1,706
  • Median Rent: $1,575
  • Rent Range: $895 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 996 / 951
  • Square Footage Range: 300 – 2,400
  • Days on Market (Avg/Median): 65 / 39
  • Days on Market Range: 1 – 317
  • New Listings: 12
  • Total Listings: 176

Rentals by Property Type

Apartment
$1,500
Median DOM: 45
Inventory: 118
MoM: 0.0%
Condo
$1,500
Median DOM: 20
Inventory: 10
MoM: 0.0%
Single Family
$1,700
Median DOM: 32
Inventory: 45
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,668 / $1,500Range$895 – $4,500Rent per Sq Ft$2 / $2Sq Ft947 / 900DOM76 / 45New6Total118
Condo
Avg/Median Rent$1,619 / $1,500Range$1,150 – $2,100Rent per Sq Ft$1 / $1Sq Ft1,178 / 1,000DOM37 / 20New1Total10
Multi-Family
Avg/Median Rent$1,537 / $1,525Range$1,285 – $1,800Rent per Sq Ft$2 / $2Sq Ft867 / 900DOM11 / 8New0Total3
Single Family
Avg/Median Rent$1,836 / $1,700Range$1,200 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,062 / 1,000DOM48 / 32New5Total45

Rentals by Bedroom Count

Studio
Avg:$1,115Median:$1,050Range:$895 – $1,400PSF:$2 / $2Sq Ft:575 / 300DOM:41 / 14New:1Total:3
1 Beds
Avg:$1,418Median:$1,225Range:$950 – $3,722PSF:$2 / $2Sq Ft:706 / 700DOM:79 / 50New:1Total:24
2 Beds
Avg:$1,484Median:$1,450Range:$1,080 – $2,100PSF:$2 / $2Sq Ft:865 / 900DOM:69 / 44New:5Total:80
3 Beds
Avg:$1,970Median:$1,795Range:$1,375 – $4,500PSF:$2 / $2Sq Ft:1,224 / 1,200DOM:59 / 29New:4Total:59
4 Beds
Avg:$2,750Median:$2,600Range:$1,900 – $4,500PSF:$2 / $2Sq Ft:1,267 / 1,250DOM:41 / 29New:1Total:9
5 Beds
Avg:$3,150Median:$3,150Range:$3,150 – $3,150PSF:$1 / $1Sq Ft:2,400 / 2,400DOM:11 / 11New:0Total:1

6-Month Sales Trend

Jan 2026
Median Price:$249,000Median DOM:68New:24Total:148
Feb 2026
Median Price:$249,000Median DOM:52New:35Total:144
Mar 2026
Median Price:$250,000Median DOM:48New:31Total:149
Apr 2026
Median Price:$254,900Median DOM:57New:23Total:152
May 2026
Median Price:$290,000Median DOM:55New:39Total:148
Jun 2026
Median Price:$289,000Median DOM:47New:27Total:148

6-Month Rental Trend

Jan 2026
Median Rent:$1,550Median DOM:48New:57Total:178
Feb 2026
Median Rent:$1,550Median DOM:39New:39Total:189
Mar 2026
Median Rent:$1,550Median DOM:35New:59Total:219
Apr 2026
Median Rent:$1,550Median DOM:40New:41Total:213
May 2026
Median Rent:$1,575Median DOM:38New:35Total:189
Jun 2026
Median Rent:$1,575Median DOM:39New:12Total:176

Key Market Takeaways

Median sale prices softened this month while inventory remained stable. 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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