ZIP 60623 Housing Market Report
Chicago Metro
Report period: March 2026
60623 Monthly Market Update – March 2026
ZIP 60623 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$255,000
+2.4%
Median DOM (Sales)
61
+17.3%
New Listings (Sales)
9
−74.3%
Median Rent
$1,550
0.0%
Median DOM (Rental)
36
−7.7%
Total Rental Listings
206
+9.0%
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: Single Family (12 DOM)
- Fastest renting: Condo (31 DOM)
- Strongest bedroom: 8 Beds ($399,999 median)
Sales Market Overview
Median Price
$255,000
+2.4%
Median DOM
61
+17.3%
New Listings
9
−74.3%
Inventory
149
+3.5%
- Average Price: $250,164
- Median Price: $255,000
- Price Range: $21,500 – $600,000
- Price per Sq Ft (Avg/Median): $200 / $192
- Square Footage (Avg/Median): 1,830 / 1,800
- Square Footage Range: 672 – 3,780
- Days on Market (Avg/Median): 81 / 61
- Days on Market Range: 2 – 339
- New Listings: 9
- Total Listings: 149
Sales by Property Type
Land
Avg/Median Price$74,783 / $40,000Range$21,500 – $499,900Price per Sq Ft—Sq Ft—DOM134 / 98New1Total48
Multi-Family
Avg/Median Price$338,945 / $335,000Range$85,000 – $575,000Price per Sq Ft$194 / $208Sq Ft2,188 / 2,160DOM65 / 44New5Total79
Single Family
Avg/Median Price$323,510 / $295,000Range$55,000 – $600,000Price per Sq Ft$211 / $192Sq Ft1,690 / 1,412DOM29 / 12New3Total20
Townhouse
Avg/Median Price$219,000 / $99,000Range$99,000 – $339,000Price per Sq Ft$132 / $76Sq Ft1,550 / 1,300DOM38 / 13New0Total2
Sales by Bedroom Count
Studio
Avg:$350,000Median:$350,000Range:$350,000 – $350,000PSF:—Sq Ft:—DOM:200 / 200New:0Total:1
2 Beds
Avg:$301,667Median:$255,000Range:$100,000 – $550,000PSF:$156 / $132Sq Ft:1,084 / 756DOM:65 / 7New:0Total:3
3 Beds
Avg:$321,309Median:$320,000Range:$55,000 – $559,000PSF:$182 / $182Sq Ft:1,727 / 1,381DOM:44 / 12New:2Total:11
4 Beds
Avg:$329,284Median:$310,000Range:$85,000 – $600,000PSF:$204 / $188Sq Ft:1,844 / 1,566DOM:46 / 15New:1Total:25
5 Beds
Avg:$309,838Median:$319,900Range:$94,500 – $490,000PSF:$287 / $231Sq Ft:1,500 / 847DOM:65 / 29New:2Total:21
6 Beds
Avg:$331,487Median:$300,000Range:$159,900 – $540,000PSF:$141 / $155Sq Ft:2,763 / 2,700DOM:55 / 31New:2Total:23
7 Beds
Avg:$369,963Median:$350,000Range:$199,900 – $575,000PSF:$230 / $230Sq Ft:2,500 / 2,500DOM:55 / 33New:1Total:11
8 Beds
Avg:$410,500Median:$399,999Range:$300,000 – $489,000PSF:—Sq Ft:—DOM:83 / 85New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $350,000 | $350,000 | $350,000 – $350,000 | — | — | 200 / 200 | 0 | 1 |
| 2 Beds | $301,667 | $255,000 | $100,000 – $550,000 | $156 / $132 | 1,084 / 756 | 65 / 7 | 0 | 3 |
| 3 Beds | $321,309 | $320,000 | $55,000 – $559,000 | $182 / $182 | 1,727 / 1,381 | 44 / 12 | 2 | 11 |
| 4 Beds | $329,284 | $310,000 | $85,000 – $600,000 | $204 / $188 | 1,844 / 1,566 | 46 / 15 | 1 | 25 |
| 5 Beds | $309,838 | $319,900 | $94,500 – $490,000 | $287 / $231 | 1,500 / 847 | 65 / 29 | 2 | 21 |
| 6 Beds | $331,487 | $300,000 | $159,900 – $540,000 | $141 / $155 | 2,763 / 2,700 | 55 / 31 | 2 | 23 |
| 7 Beds | $369,963 | $350,000 | $199,900 – $575,000 | $230 / $230 | 2,500 / 2,500 | 55 / 33 | 1 | 11 |
| 8 Beds | $410,500 | $399,999 | $300,000 – $489,000 | — | — | 83 / 85 | 0 | 6 |
Rental Market Overview
Median Rent
$1,550
0.0%
Median DOM
36
−7.7%
New Listings
33
Inventory
206
+9.0%
- Average Rent: $1,666
- Median Rent: $1,550
- Rent Range: $875 – $4,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,024 / 1,000
- Square Footage Range: 350 – 3,125
- Days on Market (Avg/Median): 66 / 36
- Days on Market Range: 2 – 365
- New Listings: 33
- Total Listings: 206
Rentals by Property Type
Apartment
$1,500
Median DOM: 38
Inventory: 126
MoM: 0.0%
Condo
$1,750
Median DOM: 31
Inventory: 15
MoM: 0.0%
Single Family
$1,650
Median DOM: 33
Inventory: 61
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,621 / $1,500Range$875 – $4,500Rent per Sq Ft$2 / $2Sq Ft959 / 900DOM69 / 38New23Total126
Condo
Avg/Median Rent$1,726 / $1,750Range$1,000 – $2,500Rent per Sq Ft$1 / $1Sq Ft1,273 / 1,210DOM87 / 31New3Total15
Multi-Family
Avg/Median Rent$1,408 / $1,325Range$1,195 – $1,685Rent per Sq Ft$2 / $1Sq Ft981 / 700DOM86 / 97New1Total4
Single Family
Avg/Median Rent$1,759 / $1,650Range$1,000 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,095 / 1,000DOM55 / 33New6Total61
Rentals by Bedroom Count
Studio
Avg:$1,175Median:$1,200Range:$875 – $1,450PSF:$2 / $1Sq Ft:725 / 350DOM:33 / 31New:1Total:3
1 Beds
Avg:$1,236Median:$1,200Range:$900 – $1,600PSF:$2 / $2Sq Ft:686 / 700DOM:44 / 30New:8Total:23
2 Beds
Avg:$1,458Median:$1,400Range:$900 – $2,250PSF:$2 / $2Sq Ft:914 / 900DOM:77 / 44New:9Total:86
3 Beds
Avg:$1,870Median:$1,800Range:$1,250 – $4,000PSF:$2 / $2Sq Ft:1,202 / 1,200DOM:62 / 31New:15Total:77
4 Beds
Avg:$2,483Median:$2,100Range:$1,500 – $4,500PSF:$2 / $2Sq Ft:1,332 / 1,250DOM:64 / 34New:0Total:16
5 Beds
Avg:$2,100Median:$2,100Range:$2,100 – $2,100PSF:$1 / $1Sq Ft:1,600 / 1,600DOM:—New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,175 | $1,200 | $875 – $1,450 | $2 / $1 | 725 / 350 | 33 / 31 | 1 | 3 |
| 1 Beds | $1,236 | $1,200 | $900 – $1,600 | $2 / $2 | 686 / 700 | 44 / 30 | 8 | 23 |
| 2 Beds | $1,458 | $1,400 | $900 – $2,250 | $2 / $2 | 914 / 900 | 77 / 44 | 9 | 86 |
| 3 Beds | $1,870 | $1,800 | $1,250 – $4,000 | $2 / $2 | 1,202 / 1,200 | 62 / 31 | 15 | 77 |
| 4 Beds | $2,483 | $2,100 | $1,500 – $4,500 | $2 / $2 | 1,332 / 1,250 | 64 / 34 | 0 | 16 |
| 5 Beds | $2,100 | $2,100 | $2,100 – $2,100 | $1 / $1 | 1,600 / 1,600 | — | 0 | 1 |
6-Month Sales Trend
Oct 2025
Median Price:$225,000Median DOM:51New:48Total:171
Nov 2025
Median Price:$239,900Median DOM:58New:30Total:163
Dec 2025
Median Price:$237,500Median DOM:62New:24Total:161
Jan 2026
Median Price:$249,000Median DOM:68New:24Total:148
Feb 2026
Median Price:$249,000Median DOM:52New:35Total:144
Mar 2026
Median Price:$255,000Median DOM:61New:9Total:149
6-Month Rental Trend
Oct 2025
Median Rent:$1,500Median DOM:39New:47Total:194
Nov 2025
Median Rent:$1,500Median DOM:46New:34Total:183
Dec 2025
Median Rent:$1,500Median DOM:55New:24Total:164
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:36New:33Total:206
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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