ZIP 60628 Housing Market Report

Chicago Metro

Report period: August 2026

60628 Monthly Market Update – August 2026

ZIP 60628 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$170,000
−6.8%
Median DOM (Sales)
17
−29.2%
New Listings (Sales)
89
−23.9%
Median Rent
$1,550
0.0%
Median DOM (Rental)
44
+4.8%
Total Rental Listings
99
+1.0%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Land (4 DOM)
  • Fastest renting: Townhouse (6 DOM)
  • Strongest bedroom: 8 Beds ($325,000 median)

Sales Market Overview

Median Price
$170,000
−6.8%
Median DOM
17
−29.2%
New Listings
89
−23.9%
Inventory
354
+3.2%
  • Average Price: $168,913
  • Median Price: $170,000
  • Price Range: $6,000 – $369,000
  • Price per Sq Ft (Avg/Median): $141 / $135
  • Square Footage (Avg/Median): 1,471 / 1,325
  • Square Footage Range: 640 – 7,500
  • Days on Market (Avg/Median): 56 / 17
  • Days on Market Range: 1 – 364
  • New Listings: 89
  • Total Listings: 354

Sales by Property Type

Land
Avg/Median Price$24,404 / $10,000Range$6,000 – $199,000Price per Sq FtSq FtDOM51 / 4New30Total51
Multi-Family
Avg/Median Price$200,661 / $200,000Range$32,900 – $369,000Price per Sq Ft$88 / $102Sq Ft2,670 / 2,450DOM65 / 20New10Total51
Single Family
Avg/Median Price$197,415 / $194,900Range$34,900 – $369,000Price per Sq Ft$146 / $143Sq Ft1,459 / 1,328DOM55 / 18New47Total234
Townhouse
Avg/Median Price$117,878 / $89,900Range$50,000 – $275,000Price per Sq Ft$93 / $79Sq Ft1,357 / 1,118DOM52 / 41New2Total18

Sales by Bedroom Count

2 Beds
Avg:$182,129Median:$175,000Range:$50,000 – $289,900PSF:$152 / $137Sq Ft:1,281 / 1,085DOM:41 / 15New:8Total:45
3 Beds
Avg:$191,114Median:$179,000Range:$42,000 – $339,000PSF:$148 / $147Sq Ft:1,384 / 1,200DOM:53 / 18New:28Total:126
4 Beds
Avg:$200,930Median:$224,599Range:$32,900 – $349,900PSF:$137 / $131Sq Ft:1,577 / 1,508DOM:56 / 22New:13Total:76
5 Beds
Avg:$198,056Median:$198,000Range:$50,000 – $369,000PSF:$115 / $91Sq Ft:1,916 / 1,680DOM:80 / 34New:8Total:36
6 Beds
Avg:$146,783Median:$105,000Range:$60,000 – $290,000PSF:$60 / $41Sq Ft:1,990 / 1,968DOM:73 / 62New:1Total:12
7 Beds
Avg:$205,625Median:$170,000Range:$82,500 – $320,000PSF:$102 / $102Sq Ft:2,450 / 2,450DOM:118 / 98New:0Total:4
8 Beds
Avg:$322,475Median:$325,000Range:$279,900 – $350,000PSF:$115 / $115Sq Ft:2,910 / 2,910DOM:44 / 10New:1Total:4

Rental Market Overview

Median Rent
$1,550
0.0%
Median DOM
44
+4.8%
New Listings
8
Inventory
99
+1.0%
  • Average Rent: $1,738
  • Median Rent: $1,550
  • Rent Range: $900 – $7,780
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,135 / 1,000
  • Square Footage Range: 498 – 4,340
  • Days on Market (Avg/Median): 73 / 44
  • Days on Market Range: 2 – 341
  • New Listings: 8
  • Total Listings: 99

Rentals by Property Type

Apartment
$1,350
Median DOM: 61
Inventory: 41
MoM: 0.0%
Condo
$1,450
Median DOM: 31
Inventory: 6
MoM: 0.0%
Single Family
$1,985
Median DOM: 31
Inventory: 50
MoM: 0.0%
Townhouse
$1,600
Median DOM: 6
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,355 / $1,350Range$900 – $2,249Rent per Sq Ft$2 / $2Sq Ft912 / 910DOM97 / 61New5Total41
Condo
Avg/Median Rent$1,431 / $1,450Range$1,000 – $1,684Rent per Sq Ft$2 / $1Sq Ft993 / 950DOM63 / 31New0Total6
Single Family
Avg/Median Rent$2,089 / $1,985Range$1,050 – $7,780Rent per Sq Ft$2 / $2Sq Ft1,297 / 1,100DOM58 / 31New3Total50
Townhouse
Avg/Median Rent$1,750 / $1,600Range$1,600 – $1,900Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM6 / 6New0Total2

Rentals by Bedroom Count

Studio
Avg:$975Median:$975Range:$975 – $975PSF:$2 / $2Sq Ft:650 / 650DOM:New:0Total:1
1 Beds
Avg:$1,136Median:$1,050Range:$900 – $1,500PSF:$2 / $1Sq Ft:821 / 750DOM:115 / 120New:2Total:17
2 Beds
Avg:$1,460Median:$1,400Range:$1,105 – $2,200PSF:$2 / $2Sq Ft:1,077 / 900DOM:61 / 48New:3Total:35
3 Beds
Avg:$2,037Median:$1,800Range:$1,125 – $7,780PSF:$2 / $2Sq Ft:1,147 / 1,100DOM:53 / 25New:2Total:28
4 Beds
Avg:$2,134Median:$2,150Range:$1,500 – $2,500PSF:$2 / $1Sq Ft:1,490 / 1,449DOM:102 / 56New:0Total:10
5 Beds
Avg:$2,734Median:$2,500Range:$2,200 – $3,500PSF:$2 / $1Sq Ft:1,953 / 1,731DOM:89 / 69New:0Total:7
6 Beds
Avg:$3,200Median:$3,200Range:$3,200 – $3,200PSF:Sq Ft:DOM:9 / 9New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$170,000Median DOM:44New:92Total:373
Apr 2026
Median Price:$170,000Median DOM:42New:82Total:384
May 2026
Median Price:$170,000Median DOM:41New:99Total:363
Jun 2026
Median Price:$175,000Median DOM:31New:116Total:350
Jul 2026
Median Price:$182,500Median DOM:24New:117Total:343
Aug 2026
Median Price:$170,000Median DOM:17New:89Total:354

6-Month Rental Trend

Mar 2026
Median Rent:$1,450Median DOM:47New:30Total:118
Apr 2026
Median Rent:$1,500Median DOM:42New:27Total:127
May 2026
Median Rent:$1,500Median DOM:56New:15Total:112
Jun 2026
Median Rent:$1,550Median DOM:57New:22Total:100
Jul 2026
Median Rent:$1,550Median DOM:42New:21Total:98
Aug 2026
Median Rent:$1,550Median DOM:44New:8Total:99

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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