ZIP 60637 Housing Market Report

Chicago Metro

Report period: August 2026

60637 Monthly Market Update – August 2026

ZIP 60637 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$279,000
−2.1%
Median DOM (Sales)
27
−3.6%
New Listings (Sales)
63
−25.9%
Median Rent
$1,800
0.0%
Median DOM (Rental)
62
+8.8%
Total Rental Listings
333
−4.6%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Multi-Family (15 DOM)
  • Fastest renting: Condo (23 DOM)
  • Strongest bedroom: 5 Beds ($450,000 median)

Sales Market Overview

Median Price
$279,000
−2.1%
Median DOM
27
−3.6%
New Listings
63
−25.9%
Inventory
252
+2.0%
  • Average Price: $319,862
  • Median Price: $279,000
  • Price Range: $8,000 – $1,665,000
  • Price per Sq Ft (Avg/Median): $177 / $157
  • Square Footage (Avg/Median): 1,961 / 1,700
  • Square Footage Range: 450 – 6,000
  • Days on Market (Avg/Median): 68 / 27
  • Days on Market Range: 1 – 365
  • New Listings: 63
  • Total Listings: 252

Sales by Property Type

Condo
Avg/Median Price$259,619 / $240,000Range$87,900 – $925,000Price per Sq Ft$178 / $162Sq Ft1,514 / 1,401DOM45 / 19New24Total72
Land
Avg/Median Price$133,077 / $100,000Range$8,000 – $550,000Price per Sq FtSq FtDOM189 / 156New4Total44
Multi-Family
Avg/Median Price$413,559 / $374,900Range$74,900 – $750,250Price per Sq Ft$182 / $157Sq Ft2,576 / 2,424DOM46 / 15New16Total63
Single Family
Avg/Median Price$372,423 / $280,000Range$60,000 – $1,595,000Price per Sq Ft$160 / $146Sq Ft2,241 / 2,000DOM55 / 23New16Total66
Townhouse
Avg/Median Price$774,714 / $735,000Range$255,000 – $1,665,000Price per Sq Ft$327 / $325Sq Ft2,280 / 2,250DOM31 / 27New3Total7

Sales by Bedroom Count

Studio
Avg:$140,000Median:$140,000Range:$140,000 – $140,000PSF:Sq Ft:DOM:122 / 122New:0Total:1
1 Beds
Avg:$172,050Median:$149,900Range:$95,000 – $279,000PSF:$248 / $250Sq Ft:825 / 850DOM:77 / 16New:3Total:12
2 Beds
Avg:$202,273Median:$185,000Range:$87,900 – $359,000PSF:$158 / $143Sq Ft:1,243 / 1,200DOM:43 / 31New:10Total:33
3 Beds
Avg:$345,248Median:$299,900Range:$60,000 – $1,395,000PSF:$169 / $150Sq Ft:1,981 / 1,700DOM:46 / 20New:21Total:67
4 Beds
Avg:$420,028Median:$349,000Range:$80,000 – $1,665,000PSF:$179 / $151Sq Ft:2,335 / 2,307DOM:52 / 23New:9Total:33
5 Beds
Avg:$560,680Median:$450,000Range:$124,900 – $1,595,000PSF:$215 / $190Sq Ft:2,983 / 2,700DOM:44 / 14New:6Total:25
6 Beds
Avg:$375,292Median:$365,000Range:$260,000 – $599,900PSF:Sq Ft:DOM:22 / 6New:5Total:13
7 Beds
Avg:$366,000Median:$320,000Range:$85,000 – $650,000PSF:$264 / $246Sq Ft:1,688 / 1,300DOM:71 / 34New:1Total:12
8 Beds
Avg:$465,821Median:$389,900Range:$305,000 – $750,250PSF:$135 / $140Sq Ft:3,797 / 4,000DOM:42 / 8New:4Total:12

Rental Market Overview

Median Rent
$1,800
0.0%
Median DOM
62
+8.8%
New Listings
15
Inventory
333
−4.6%
  • Average Rent: $1,972
  • Median Rent: $1,800
  • Rent Range: $750 – $7,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,157 / 1,100
  • Square Footage Range: 250 – 5,000
  • Days on Market (Avg/Median): 85 / 62
  • Days on Market Range: 2 – 365
  • New Listings: 15
  • Total Listings: 333

Rentals by Property Type

Apartment
$1,680
Median DOM: 69
Inventory: 228
MoM: 0.0%
Condo
$2,150
Median DOM: 23
Inventory: 41
MoM: 0.0%
Single Family
$1,900
Median DOM: 58
Inventory: 58
MoM: 0.0%
Townhouse
$3,000
Median DOM: 23
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$1,884 / $1,680Range$800 – $4,895Rent per Sq Ft$2 / $2Sq Ft1,069 / 1,000DOM92 / 69New8Total228
Condo
Avg/Median Rent$2,088 / $2,150Range$1,250 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,272 / 1,200DOM79 / 23New5Total41
Multi-Family
Avg/Median Rent$2,175 / $2,200Range$1,800 – $2,400Rent per Sq Ft$2 / $2Sq Ft1,125 / 1,100DOM65 / 69New0Total4
Single Family
Avg/Median Rent$2,162 / $1,900Range$750 – $7,500Rent per Sq Ft$2 / $2Sq Ft1,356 / 1,250DOM70 / 58New2Total58
Townhouse
Avg/Median Rent$3,600 / $3,000Range$3,000 – $4,200Rent per Sq Ft$2 / $2Sq Ft1,726 / 1,452DOM23 / 23New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,749Median:$1,450Range:$750 – $4,095PSF:$3 / $3Sq Ft:734 / 500DOM:76 / 69New:0Total:15
1 Beds
Avg:$1,376Median:$1,350Range:$800 – $2,495PSF:$2 / $2Sq Ft:722 / 685DOM:91 / 57New:4Total:33
2 Beds
Avg:$1,664Median:$1,595Range:$1,000 – $4,645PSF:$2 / $2Sq Ft:980 / 980DOM:95 / 72New:8Total:128
3 Beds
Avg:$2,208Median:$2,195Range:$1,205 – $4,295PSF:$2 / $2Sq Ft:1,339 / 1,300DOM:76 / 49New:3Total:115
4 Beds
Avg:$2,686Median:$2,350Range:$1,450 – $7,500PSF:$2 / $2Sq Ft:1,507 / 1,400DOM:81 / 51New:0Total:40
5 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$1 / $1Sq Ft:3,500 / 3,500DOM:89 / 89New:0Total:1
6 Beds
Avg:$6,500Median:$6,500Range:$6,500 – $6,500PSF:$1 / $1Sq Ft:5,000 / 5,000DOM:63 / 63New:0Total:1

6-Month Sales Trend

Mar 2026
Median Price:$275,000Median DOM:49New:72Total:267
Apr 2026
Median Price:$284,900Median DOM:49New:61Total:272
May 2026
Median Price:$290,000Median DOM:51New:48Total:253
Jun 2026
Median Price:$275,000Median DOM:47New:77Total:254
Jul 2026
Median Price:$284,900Median DOM:28New:85Total:247
Aug 2026
Median Price:$279,000Median DOM:27New:63Total:252

6-Month Rental Trend

Mar 2026
Median Rent:$1,800Median DOM:53New:79Total:380
Apr 2026
Median Rent:$1,800Median DOM:46New:74Total:390
May 2026
Median Rent:$1,850Median DOM:47New:74Total:378
Jun 2026
Median Rent:$1,800Median DOM:57New:63Total:354
Jul 2026
Median Rent:$1,800Median DOM:57New:59Total:349
Aug 2026
Median Rent:$1,800Median DOM:62New:15Total:333

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 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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