ZIP 60638 Housing Market Report
Chicago Metro
Report period: August 2026
60638 Monthly Market Update – August 2026
ZIP 60638 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$359,900
−0.0%
Median DOM (Sales)
8
−20.0%
New Listings (Sales)
42
−35.4%
Median Rent
$1,995
+2.3%
Median DOM (Rental)
26
0.0%
Total Rental Listings
44
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher.
What's Moving Fastest
- Fastest selling: Single Family (6 DOM)
- Fastest renting: Apartment (22 DOM)
- Strongest bedroom: 8 Beds ($509,999 median)
Sales Market Overview
Median Price
$359,900
−0.0%
Median DOM
8
−20.0%
New Listings
42
−35.4%
Inventory
155
+4.0%
- Average Price: $376,393
- Median Price: $359,900
- Price Range: $89,900 – $2,250,000
- Price per Sq Ft (Avg/Median): $253 / $242
- Square Footage (Avg/Median): 1,523 / 1,208
- Square Footage Range: 400 – 4,800
- Days on Market (Avg/Median): 24 / 8
- Days on Market Range: 1 – 169
- New Listings: 42
- Total Listings: 155
Sales by Property Type
Condo
Avg/Median Price$173,824 / $174,900Range$104,900 – $255,000Price per Sq Ft$199 / $200Sq Ft874 / 900DOM31 / 16New4Total21
Land
Avg/Median Price$693,760 / $249,000Range$89,900 – $2,250,000Price per Sq Ft—Sq Ft—DOM77 / 71New1Total5
Multi-Family
Avg/Median Price$495,940 / $399,900Range$294,900 – $890,000Price per Sq Ft$164 / $164Sq Ft1,802 / 1,802DOM20 / 8New2Total5
Single Family
Avg/Median Price$401,557 / $379,900Range$125,000 – $799,000Price per Sq Ft$265 / $258Sq Ft1,659 / 1,465DOM21 / 6New32Total114
Townhouse
Avg/Median Price$296,460 / $289,900Range$199,999 – $415,000Price per Sq Ft$236 / $237Sq Ft1,314 / 1,200DOM14 / 6New3Total10
Sales by Bedroom Count
Studio
Avg:$104,900Median:$104,900Range:$104,900 – $104,900PSF:$262 / $262Sq Ft:400 / 400DOM:5 / 5New:1Total:1
1 Beds
Avg:$143,050Median:$140,000Range:$132,500 – $164,900PSF:$193 / $187Sq Ft:745 / 750DOM:37 / 2New:2Total:6
2 Beds
Avg:$253,806Median:$259,000Range:$129,900 – $405,000PSF:$245 / $227Sq Ft:1,047 / 900DOM:21 / 10New:6Total:33
3 Beds
Avg:$375,583Median:$365,000Range:$125,000 – $615,000PSF:$266 / $258Sq Ft:1,493 / 1,254DOM:21 / 6New:21Total:72
4 Beds
Avg:$472,162Median:$439,000Range:$235,000 – $799,000PSF:$245 / $222Sq Ft:2,176 / 1,880DOM:22 / 6New:8Total:29
5 Beds
Avg:$494,975Median:$450,000Range:$350,000 – $629,999PSF:$239 / $220Sq Ft:2,175 / 2,250DOM:46 / 36New:1Total:4
6 Beds
Avg:$644,950Median:$399,900Range:$399,900 – $890,000PSF:—Sq Ft:—DOM:1 / 1New:2Total:2
7 Beds
Avg:$418,900Median:$418,900Range:$418,900 – $418,900PSF:$246 / $246Sq Ft:1,700 / 1,700DOM:1 / 1New:0Total:1
8 Beds
Avg:$554,950Median:$509,999Range:$509,999 – $599,900PSF:$153 / $153Sq Ft:3,326 / 3,326DOM:17 / 8New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $104,900 | $104,900 | $104,900 – $104,900 | $262 / $262 | 400 / 400 | 5 / 5 | 1 | 1 |
| 1 Beds | $143,050 | $140,000 | $132,500 – $164,900 | $193 / $187 | 745 / 750 | 37 / 2 | 2 | 6 |
| 2 Beds | $253,806 | $259,000 | $129,900 – $405,000 | $245 / $227 | 1,047 / 900 | 21 / 10 | 6 | 33 |
| 3 Beds | $375,583 | $365,000 | $125,000 – $615,000 | $266 / $258 | 1,493 / 1,254 | 21 / 6 | 21 | 72 |
| 4 Beds | $472,162 | $439,000 | $235,000 – $799,000 | $245 / $222 | 2,176 / 1,880 | 22 / 6 | 8 | 29 |
| 5 Beds | $494,975 | $450,000 | $350,000 – $629,999 | $239 / $220 | 2,175 / 2,250 | 46 / 36 | 1 | 4 |
| 6 Beds | $644,950 | $399,900 | $399,900 – $890,000 | — | — | 1 / 1 | 2 | 2 |
| 7 Beds | $418,900 | $418,900 | $418,900 – $418,900 | $246 / $246 | 1,700 / 1,700 | 1 / 1 | 0 | 1 |
| 8 Beds | $554,950 | $509,999 | $509,999 – $599,900 | $153 / $153 | 3,326 / 3,326 | 17 / 8 | 0 | 2 |
Rental Market Overview
Median Rent
$1,995
+2.3%
Median DOM
26
0.0%
New Listings
3
Inventory
44
0.0%
- Average Rent: $2,131
- Median Rent: $1,995
- Rent Range: $1,100 – $3,800
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,211 / 1,140
- Square Footage Range: 550 – 2,292
- Days on Market (Avg/Median): 59 / 26
- Days on Market Range: 2 – 351
- New Listings: 3
- Total Listings: 44
Rentals by Property Type
Apartment
$1,800
Median DOM: 22
Inventory: 9
MoM: +2.3%
Condo
$1,950
Median DOM: 147
Inventory: 3
MoM: +2.3%
Single Family
$2,200
Median DOM: 24
Inventory: 28
MoM: +2.3%
Townhouse
$2,400
Median DOM: 26
Inventory: 3
MoM: +2.3%
Apartment
Avg/Median Rent$1,777 / $1,800Range$1,200 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,069 / 1,140DOM31 / 22New0Total9
Condo
Avg/Median Rent$1,727 / $1,950Range$1,250 – $1,980Rent per Sq Ft$2 / $2Sq Ft1,017 / 1,100DOM152 / 147New0Total3
Multi-Family
Avg/Median Rent$3,000 / $3,000Range$3,000 – $3,000Rent per Sq Ft$2 / $2Sq Ft2,000 / 2,000DOM100 / 100New0Total1
Single Family
Avg/Median Rent$2,229 / $2,200Range$1,100 – $3,800Rent per Sq Ft$2 / $2Sq Ft1,240 / 1,200DOM50 / 24New2Total28
Townhouse
Avg/Median Rent$2,400 / $2,400Range$2,300 – $2,500Rent per Sq Ft$2 / $2Sq Ft1,194 / 988DOM51 / 26New1Total3
Rentals by Bedroom Count
Studio
Avg:$1,450Median:$1,450Range:$1,450 – $1,450PSF:$2 / $2Sq Ft:800 / 800DOM:20 / 20New:0Total:1
1 Beds
Avg:$1,283Median:$1,250Range:$1,100 – $1,475PSF:$2 / $2Sq Ft:710 / 550DOM:129 / 59New:0Total:8
2 Beds
Avg:$1,699Median:$1,600Range:$1,250 – $2,175PSF:$2 / $2Sq Ft:1,006 / 900DOM:24 / 19New:0Total:12
3 Beds
Avg:$2,507Median:$2,400Range:$1,800 – $3,600PSF:$2 / $2Sq Ft:1,320 / 1,232DOM:51 / 22New:2Total:18
4 Beds
Avg:$3,250Median:$2,900Range:$2,900 – $3,600PSF:$2 / $2Sq Ft:1,547 / 1,500DOM:33 / 29New:0Total:2
5 Beds
Avg:$3,350Median:$3,250Range:$3,000 – $3,800PSF:$2 / $2Sq Ft:2,097 / 2,000DOM:49 / 34New:1Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,450 | $1,450 | $1,450 – $1,450 | $2 / $2 | 800 / 800 | 20 / 20 | 0 | 1 |
| 1 Beds | $1,283 | $1,250 | $1,100 – $1,475 | $2 / $2 | 710 / 550 | 129 / 59 | 0 | 8 |
| 2 Beds | $1,699 | $1,600 | $1,250 – $2,175 | $2 / $2 | 1,006 / 900 | 24 / 19 | 0 | 12 |
| 3 Beds | $2,507 | $2,400 | $1,800 – $3,600 | $2 / $2 | 1,320 / 1,232 | 51 / 22 | 2 | 18 |
| 4 Beds | $3,250 | $2,900 | $2,900 – $3,600 | $2 / $2 | 1,547 / 1,500 | 33 / 29 | 0 | 2 |
| 5 Beds | $3,350 | $3,250 | $3,000 – $3,800 | $2 / $2 | 2,097 / 2,000 | 49 / 34 | 1 | 3 |
6-Month Sales Trend
Mar 2026
Median Price:$350,000Median DOM:20New:51Total:147
Apr 2026
Median Price:$349,900Median DOM:14New:61Total:167
May 2026
Median Price:$369,900Median DOM:11New:54Total:161
Jun 2026
Median Price:$359,900Median DOM:12New:73Total:152
Jul 2026
Median Price:$359,999Median DOM:10New:65Total:149
Aug 2026
Median Price:$359,900Median DOM:8New:42Total:155
6-Month Rental Trend
Mar 2026
Median Rent:$1,800Median DOM:30New:9Total:60
Apr 2026
Median Rent:$1,650Median DOM:34New:7Total:43
May 2026
Median Rent:$1,650Median DOM:31New:11Total:36
Jun 2026
Median Rent:$1,950Median DOM:25New:12Total:39
Jul 2026
Median Rent:$1,950Median DOM:26New:11Total:44
Aug 2026
Median Rent:$1,995Median DOM:26New:3Total:44
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, while total rental inventory was flat.
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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