ZIP 60631 Housing Market Report
Chicago Metro
Report period: March 2026
60631 Monthly Market Update – March 2026
ZIP 60631 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$499,900
+2.0%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
6
−64.7%
Median Rent
$2,200
+8.6%
Median DOM (Rental)
32
−22.0%
Total Rental Listings
34
−5.6%
Month-over-Month Movement
Median sale prices moved higher. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Multi-Family (6 DOM)
- Fastest renting: Condo (24 DOM)
- Strongest bedroom: 7 Beds ($949,000 median)
Sales Market Overview
Median Price
$499,900
+2.0%
Median DOM
8
0.0%
New Listings
6
−64.7%
Inventory
48
+6.7%
- Average Price: $579,892
- Median Price: $499,900
- Price Range: $179,900 – $1,450,000
- Price per Sq Ft (Avg/Median): $282 / $260
- Square Footage (Avg/Median): 2,032 / 1,666
- Square Footage Range: 735 – 4,300
- Days on Market (Avg/Median): 28 / 8
- Days on Market Range: 2 – 168
- New Listings: 6
- Total Listings: 48
Sales by Property Type
Condo
Avg/Median Price$251,900 / $235,000Range$179,900 – $370,000Price per Sq Ft$234 / $234Sq Ft1,085 / 1,003DOM58 / 19New1Total9
Land
Avg/Median Price$662,500 / $475,000Range$475,000 – $850,000Price per Sq Ft—Sq Ft—DOM20 / 20New0Total2
Multi-Family
Avg/Median Price$843,500 / $824,999Range$425,000 – $1,175,000Price per Sq Ft—Sq Ft—DOM80 / 6New1Total4
Single Family
Avg/Median Price$632,385 / $599,000Range$325,000 – $1,450,000Price per Sq Ft$296 / $283Sq Ft2,291 / 2,400DOM14 / 6New4Total33
Sales by Bedroom Count
1 Beds
Avg:$355,000Median:$355,000Range:$355,000 – $355,000PSF:$355 / $355Sq Ft:1,000 / 1,000DOM:6 / 6New:0Total:1
2 Beds
Avg:$286,555Median:$240,000Range:$179,900 – $560,000PSF:$246 / $234Sq Ft:1,191 / 1,003DOM:48 / 14New:2Total:11
3 Beds
Avg:$461,758Median:$439,000Range:$379,900 – $599,900PSF:$310 / $307Sq Ft:1,593 / 1,300DOM:15 / 6New:0Total:12
4 Beds
Avg:$768,558Median:$727,000Range:$350,000 – $1,450,000PSF:$287 / $272Sq Ft:2,847 / 2,800DOM:15 / 8New:4Total:19
6 Beds
Avg:$955,000Median:$735,000Range:$735,000 – $1,175,000PSF:$196 / $196Sq Ft:3,750 / 3,750DOM:89 / 10New:0Total:2
7 Beds
Avg:$949,000Median:$949,000Range:$949,000 – $949,000PSF:—Sq Ft:—DOM:142 / 142New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $355,000 | $355,000 | $355,000 – $355,000 | $355 / $355 | 1,000 / 1,000 | 6 / 6 | 0 | 1 |
| 2 Beds | $286,555 | $240,000 | $179,900 – $560,000 | $246 / $234 | 1,191 / 1,003 | 48 / 14 | 2 | 11 |
| 3 Beds | $461,758 | $439,000 | $379,900 – $599,900 | $310 / $307 | 1,593 / 1,300 | 15 / 6 | 0 | 12 |
| 4 Beds | $768,558 | $727,000 | $350,000 – $1,450,000 | $287 / $272 | 2,847 / 2,800 | 15 / 8 | 4 | 19 |
| 6 Beds | $955,000 | $735,000 | $735,000 – $1,175,000 | $196 / $196 | 3,750 / 3,750 | 89 / 10 | 0 | 2 |
| 7 Beds | $949,000 | $949,000 | $949,000 – $949,000 | — | — | 142 / 142 | 0 | 1 |
Rental Market Overview
Median Rent
$2,200
+8.6%
Median DOM
32
−22.0%
New Listings
3
Inventory
34
−5.6%
- Average Rent: $2,135
- Median Rent: $2,200
- Rent Range: $940 – $3,300
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,146 / 1,200
- Square Footage Range: 750 – 1,565
- Days on Market (Avg/Median): 81 / 32
- Days on Market Range: 2 – 306
- New Listings: 3
- Total Listings: 34
Rentals by Property Type
Apartment
$1,900
Median DOM: 53
Inventory: 18
MoM: +8.6%
Condo
$2,250
Median DOM: 24
Inventory: 7
MoM: +8.6%
Single Family
$2,400
Median DOM: 71
Inventory: 9
MoM: +8.6%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +8.6%
Apartment
Avg/Median Rent$1,880 / $1,900Range$940 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,112 / 1,200DOM120 / 53New0Total18
Condo
Avg/Median Rent$2,328 / $2,250Range$1,500 – $3,300Rent per Sq Ft$2 / $2Sq Ft1,215 / 1,000DOM21 / 24New2Total7
Single Family
Avg/Median Rent$2,494 / $2,400Range$1,950 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,188 / 1,200DOM76 / 71New1Total9
Rentals by Bedroom Count
Studio
Avg:$940Median:$940Range:$940 – $940PSF:—Sq Ft:—DOM:281 / 281New:0Total:1
1 Beds
Avg:$1,915Median:$1,625Range:$1,500 – $3,300PSF:$2 / $2Sq Ft:817 / 800DOM:43 / 30New:2Total:5
2 Beds
Avg:$2,129Median:$2,200Range:$1,400 – $2,750PSF:$2 / $2Sq Ft:1,185 / 1,200DOM:89 / 32New:1Total:23
3 Beds
Avg:$2,620Median:$2,700Range:$2,250 – $3,000PSF:$2 / $2Sq Ft:1,206 / 1,200DOM:50 / 36New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $940 | $940 | $940 – $940 | — | — | 281 / 281 | 0 | 1 |
| 1 Beds | $1,915 | $1,625 | $1,500 – $3,300 | $2 / $2 | 817 / 800 | 43 / 30 | 2 | 5 |
| 2 Beds | $2,129 | $2,200 | $1,400 – $2,750 | $2 / $2 | 1,185 / 1,200 | 89 / 32 | 1 | 23 |
| 3 Beds | $2,620 | $2,700 | $2,250 – $3,000 | $2 / $2 | 1,206 / 1,200 | 50 / 36 | 0 | 5 |
6-Month Sales Trend
Oct 2025
Median Price:$485,000Median DOM:37New:30Total:117
Nov 2025
Median Price:$439,900Median DOM:44New:21Total:102
Dec 2025
Median Price:$435,000Median DOM:47New:8Total:88
Jan 2026
Median Price:$449,900Median DOM:37New:15Total:73
Feb 2026
Median Price:$489,900Median DOM:8New:17Total:45
Mar 2026
Median Price:$499,900Median DOM:8New:6Total:48
6-Month Rental Trend
Oct 2025
Median Rent:$2,300Median DOM:25New:11Total:46
Nov 2025
Median Rent:$2,200Median DOM:38New:7Total:42
Dec 2025
Median Rent:$2,150Median DOM:60New:3Total:35
Jan 2026
Median Rent:$1,900Median DOM:22New:15Total:34
Feb 2026
Median Rent:$2,025Median DOM:41New:3Total:36
Mar 2026
Median Rent:$2,200Median DOM:32New:3Total:34
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. 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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