ZIP 60631 Housing Market Report
Chicago Metro
Report period: August 2026
60631 Monthly Market Update – August 2026
ZIP 60631 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$489,900
+3.1%
Median DOM (Sales)
5
+66.7%
New Listings (Sales)
18
−62.5%
Median Rent
$2,100
0.0%
Median DOM (Rental)
29
+26.1%
Total Rental Listings
33
+10.0%
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 (4 DOM)
- Fastest renting: Condo (4 DOM)
- Strongest bedroom: 6 Beds ($875,000 median)
Sales Market Overview
Median Price
$489,900
+3.1%
Median DOM
5
+66.7%
New Listings
18
−62.5%
Inventory
93
−5.1%
- Average Price: $549,568
- Median Price: $489,900
- Price Range: $138,000 – $1,700,000
- Price per Sq Ft (Avg/Median): $293 / $274
- Square Footage (Avg/Median): 1,943 / 1,680
- Square Footage Range: 500 – 4,992
- Days on Market (Avg/Median): 20 / 5
- Days on Market Range: 1 – 156
- New Listings: 18
- Total Listings: 93
Sales by Property Type
Condo
Avg/Median Price$224,670 / $234,900Range$138,000 – $329,000Price per Sq Ft$229 / $227Sq Ft1,026 / 1,050DOM14 / 10New3Total17
Land
Avg/Median Price$659,500 / $469,000Range$469,000 – $850,000Price per Sq Ft—Sq Ft—DOM132 / 132New0Total2
Multi-Family
Avg/Median Price$774,633 / $849,900Range$599,000 – $875,000Price per Sq Ft—Sq Ft—DOM9 / 13New0Total3
Single Family
Avg/Median Price$622,700 / $520,000Range$299,000 – $1,700,000Price per Sq Ft$310 / $300Sq Ft2,149 / 1,900DOM19 / 4New15Total68
Townhouse
Avg/Median Price$434,633 / $369,000Range$345,000 – $589,900Price per Sq Ft$241 / $230Sq Ft1,893 / 1,500DOM50 / 64New0Total3
Sales by Bedroom Count
Studio
Avg:$138,000Median:$138,000Range:$138,000 – $138,000PSF:$276 / $276Sq Ft:500 / 500DOM:36 / 36New:0Total:1
1 Beds
Avg:$179,967Median:$185,000Range:$150,000 – $204,900PSF:$254 / $248Sq Ft:770 / 715DOM:14 / 1New:0Total:3
2 Beds
Avg:$309,969Median:$289,000Range:$184,900 – $499,000PSF:$250 / $235Sq Ft:1,274 / 1,200DOM:10 / 6New:3Total:23
3 Beds
Avg:$511,940Median:$489,900Range:$299,000 – $749,900PSF:$335 / $317Sq Ft:1,608 / 1,498DOM:18 / 3New:7Total:30
4 Beds
Avg:$741,600Median:$659,000Range:$449,900 – $1,700,000PSF:$297 / $274Sq Ft:2,584 / 2,283DOM:22 / 5New:7Total:26
5 Beds
Avg:$924,114Median:$850,000Range:$649,000 – $1,370,000PSF:$249 / $262Sq Ft:3,747 / 3,500DOM:40 / 14New:1Total:7
6 Beds
Avg:$875,000Median:$875,000Range:$875,000 – $875,000PSF:—Sq Ft:—DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $138,000 | $138,000 | $138,000 – $138,000 | $276 / $276 | 500 / 500 | 36 / 36 | 0 | 1 |
| 1 Beds | $179,967 | $185,000 | $150,000 – $204,900 | $254 / $248 | 770 / 715 | 14 / 1 | 0 | 3 |
| 2 Beds | $309,969 | $289,000 | $184,900 – $499,000 | $250 / $235 | 1,274 / 1,200 | 10 / 6 | 3 | 23 |
| 3 Beds | $511,940 | $489,900 | $299,000 – $749,900 | $335 / $317 | 1,608 / 1,498 | 18 / 3 | 7 | 30 |
| 4 Beds | $741,600 | $659,000 | $449,900 – $1,700,000 | $297 / $274 | 2,584 / 2,283 | 22 / 5 | 7 | 26 |
| 5 Beds | $924,114 | $850,000 | $649,000 – $1,370,000 | $249 / $262 | 3,747 / 3,500 | 40 / 14 | 1 | 7 |
| 6 Beds | $875,000 | $875,000 | $875,000 – $875,000 | — | — | 1 / 1 | 0 | 1 |
Rental Market Overview
Median Rent
$2,100
0.0%
Median DOM
29
+26.1%
New Listings
5
Inventory
33
+10.0%
- Average Rent: $2,138
- Median Rent: $2,100
- Rent Range: $1,260 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,078 / 1,000
- Square Footage Range: 600 – 2,300
- Days on Market (Avg/Median): 60 / 29
- Days on Market Range: 2 – 355
- New Listings: 5
- Total Listings: 33
Rentals by Property Type
Apartment
$1,975
Median DOM: 33
Inventory: 17
MoM: 0.0%
Condo
$2,150
Median DOM: 4
Inventory: 6
MoM: 0.0%
Single Family
$2,500
Median DOM: 31
Inventory: 9
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,906 / $1,975Range$1,260 – $2,500Rent per Sq Ft$2 / $2Sq Ft997 / 980DOM85 / 33New0Total17
Condo
Avg/Median Rent$2,242 / $2,150Range$2,000 – $2,600Rent per Sq Ft$2 / $2Sq Ft1,133 / 1,100DOM21 / 4New3Total6
Multi-Family
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft—Sq Ft—DOM21 / 21New0Total1
Single Family
Avg/Median Rent$2,522 / $2,500Range$1,600 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,212 / 1,123DOM62 / 31New2Total9
Rentals by Bedroom Count
1 Beds
Avg:$1,541Median:$1,600Range:$1,260 – $1,800PSF:$2 / $2Sq Ft:688 / 600DOM:98 / 51New:0Total:5
2 Beds
Avg:$2,095Median:$2,000Range:$1,500 – $2,700PSF:$2 / $2Sq Ft:1,098 / 1,100DOM:63 / 21New:3Total:20
3 Beds
Avg:$2,450Median:$2,400Range:$2,000 – $3,200PSF:$2 / $2Sq Ft:1,320 / 1,200DOM:40 / 23New:2Total:7
4 Beds
Avg:$3,800Median:$3,800Range:$3,800 – $3,800PSF:$3 / $3Sq Ft:1,123 / 1,123DOM:29 / 29New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,541 | $1,600 | $1,260 – $1,800 | $2 / $2 | 688 / 600 | 98 / 51 | 0 | 5 |
| 2 Beds | $2,095 | $2,000 | $1,500 – $2,700 | $2 / $2 | 1,098 / 1,100 | 63 / 21 | 3 | 20 |
| 3 Beds | $2,450 | $2,400 | $2,000 – $3,200 | $2 / $2 | 1,320 / 1,200 | 40 / 23 | 2 | 7 |
| 4 Beds | $3,800 | $3,800 | $3,800 – $3,800 | $3 / $3 | 1,123 / 1,123 | 29 / 29 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$525,000Median DOM:8New:25Total:58
Apr 2026
Median Price:$525,000Median DOM:8New:35Total:73
May 2026
Median Price:$475,000Median DOM:7New:46Total:94
Jun 2026
Median Price:$469,000Median DOM:6New:41Total:99
Jul 2026
Median Price:$475,000Median DOM:3New:48Total:98
Aug 2026
Median Price:$489,900Median DOM:5New:18Total:93
6-Month Rental Trend
Mar 2026
Median Rent:$2,200Median DOM:27New:9Total:36
Apr 2026
Median Rent:$2,200Median DOM:24New:7Total:30
May 2026
Median Rent:$2,250Median DOM:31New:7Total:30
Jun 2026
Median Rent:$2,200Median DOM:37New:1Total:30
Jul 2026
Median Rent:$2,100Median DOM:23New:10Total:30
Aug 2026
Median Rent:$2,100Median DOM:29New:5Total:33
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. 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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