ZIP 60631 Housing Market Report

Chicago Metro

Report period: May 2026

60631 Monthly Market Update – May 2026

ZIP 60631 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$525,000
0.0%
Median DOM (Sales)
8
0.0%
New Listings (Sales)
18
−48.6%
Median Rent
$2,200
0.0%
Median DOM (Rental)
24
0.0%
Total Rental Listings
31
+3.3%

Month-over-Month Movement

Median sale prices were flat. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Single Family (7 DOM)
  • Fastest renting: Single Family (17 DOM)
  • Strongest bedroom: 6 Beds ($1,175,000 median)

Sales Market Overview

Median Price
$525,000
0.0%
Median DOM
8
0.0%
New Listings
18
−48.6%
Inventory
82
+12.3%
  • Average Price: $568,883
  • Median Price: $525,000
  • Price Range: $144,900 – $1,450,000
  • Price per Sq Ft (Avg/Median): $286 / $273
  • Square Footage (Avg/Median): 1,969 / 1,832
  • Square Footage Range: 500 – 4,403
  • Days on Market (Avg/Median): 18 / 8
  • Days on Market Range: 2 – 173
  • New Listings: 18
  • Total Listings: 82

Sales by Property Type

Condo
Avg/Median Price$239,895 / $229,000Range$144,900 – $375,000Price per Sq Ft$241 / $248Sq Ft1,016 / 1,000DOM16 / 8New6Total21
Land
Avg/Median Price$662,450 / $474,900Range$474,900 – $850,000Price per Sq FtSq FtDOM41 / 41New0Total2
Multi-Family
Avg/Median Price$866,300 / $799,000Range$624,900 – $1,175,000Price per Sq FtSq FtDOM65 / 15New0Total3
Single Family
Avg/Median Price$678,399 / $649,000Range$325,000 – $1,450,000Price per Sq Ft$303 / $287Sq Ft2,335 / 2,200DOM16 / 7New12Total55
Townhouse
Avg/Median Price$374,900 / $374,900Range$374,900 – $374,900Price per Sq Ft$293 / $293Sq Ft1,280 / 1,280DOM20 / 20New0Total1

Sales by Bedroom Count

Studio
Avg:$144,900Median:$144,900Range:$144,900 – $144,900PSF:$290 / $290Sq Ft:500 / 500DOM:63 / 63New:0Total:1
1 Beds
Avg:$206,248Median:$185,000Range:$185,000 – $255,000PSF:$270 / $259Sq Ft:766 / 715DOM:15 / 6New:2Total:4
2 Beds
Avg:$269,319Median:$239,900Range:$179,000 – $449,950PSF:$252 / $248Sq Ft:1,094 / 1,019DOM:15 / 8New:4Total:18
3 Beds
Avg:$543,056Median:$500,000Range:$325,000 – $846,000PSF:$313 / $308Sq Ft:1,809 / 1,716DOM:8 / 6New:7Total:27
4 Beds
Avg:$782,438Median:$675,000Range:$499,900 – $1,450,000PSF:$280 / $271Sq Ft:2,865 / 2,800DOM:21 / 8New:5Total:26
5 Beds
Avg:$1,108,333Median:$1,050,000Range:$875,000 – $1,400,000PSF:$306 / $319Sq Ft:3,593 / 3,296DOM:40 / 35New:0Total:3
6 Beds
Avg:$1,175,000Median:$1,175,000Range:$1,175,000 – $1,175,000PSF:Sq Ft:DOM:173 / 173New:0Total:1

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
24
0.0%
New Listings
4
Inventory
31
+3.3%
  • Average Rent: $2,204
  • Median Rent: $2,200
  • Rent Range: $1,350 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,104 / 1,050
  • Square Footage Range: 550 – 3,096
  • Days on Market (Avg/Median): 55 / 24
  • Days on Market Range: 3 – 317
  • New Listings: 4
  • Total Listings: 31

Rentals by Property Type

Apartment
$2,095
Median DOM: 21
Inventory: 11
MoM: 0.0%
Condo
$2,495
Median DOM: 37
Inventory: 8
MoM: 0.0%
Single Family
$2,200
Median DOM: 17
Inventory: 12
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$2,010 / $2,095Range$1,395 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,080 / 1,100DOM45 / 21New2Total11
Condo
Avg/Median Rent$2,277 / $2,495Range$1,500 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,061 / 900DOM70 / 37New0Total8
Single Family
Avg/Median Rent$2,333 / $2,200Range$1,350 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,154 / 1,000DOM49 / 17New2Total12

Rentals by Bedroom Count

Studio
Avg:$1,350Median:$1,350Range:$1,350 – $1,350PSF:$2 / $2Sq Ft:600 / 600DOM:24 / 24New:0Total:1
1 Beds
Avg:$1,782Median:$1,525Range:$1,395 – $3,000PSF:$2 / $2Sq Ft:710 / 700DOM:28 / 24New:1Total:6
2 Beds
Avg:$2,230Median:$2,200Range:$1,440 – $3,000PSF:$2 / $2Sq Ft:1,157 / 1,100DOM:93 / 45New:1Total:17
3 Beds
Avg:$2,312Median:$2,250Range:$1,850 – $2,579PSF:$2 / $2Sq Ft:1,025 / 900DOM:25 / 21New:1Total:6
5 Beds
Avg:$4,500Median:$4,500Range:$4,500 – $4,500PSF:$1 / $1Sq Ft:3,096 / 3,096DOM:5 / 5New:1Total:1

6-Month Sales Trend

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:$525,000Median DOM:8New:25Total:58
Apr 2026
Median Price:$525,000Median DOM:8New:35Total:73
May 2026
Median Price:$525,000Median DOM:8New:18Total:82

6-Month Rental Trend

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:27New:9Total:36
Apr 2026
Median Rent:$2,200Median DOM:24New:7Total:30
May 2026
Median Rent:$2,200Median DOM:24New:4Total:31

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market were unchanged, signaling steady 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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