ZIP 60638 Housing Market Report
Chicago Metro
Report period: May 2026
60638 Monthly Market Update – May 2026
ZIP 60638 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$359,900
+2.9%
Median DOM (Sales)
14
0.0%
New Listings (Sales)
17
−72.1%
Median Rent
$1,650
0.0%
Median DOM (Rental)
34
0.0%
Total Rental Listings
39
−9.3%
Month-over-Month Movement
Median sale prices moved higher. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Condo (8 DOM)
- Fastest renting: Apartment (12 DOM)
- Strongest bedroom: 6 Beds ($440,000 median)
Sales Market Overview
Median Price
$359,900
+2.9%
Median DOM
14
0.0%
New Listings
17
−72.1%
Inventory
165
−1.2%
- Average Price: $365,065
- Median Price: $359,900
- Price Range: $89,000 – $2,400,000
- Price per Sq Ft (Avg/Median): $254 / $250
- Square Footage (Avg/Median): 1,479 / 1,200
- Square Footage Range: 500 – 3,800
- Days on Market (Avg/Median): 31 / 14
- Days on Market Range: 2 – 190
- New Listings: 17
- Total Listings: 165
Sales by Property Type
Condo
Avg/Median Price$172,379 / $169,000Range$89,000 – $259,000Price per Sq Ft$192 / $194Sq Ft900 / 900DOM22 / 8New5Total23
Land
Avg/Median Price$580,975 / $249,000Range$95,000 – $2,400,000Price per Sq Ft—Sq Ft—DOM45 / 34New1Total8
Multi-Family
Avg/Median Price$488,386 / $440,000Range$294,900 – $890,000Price per Sq Ft$196 / $164Sq Ft2,064 / 1,802DOM29 / 17New1Total7
Single Family
Avg/Median Price$384,811 / $384,900Range$125,000 – $729,999Price per Sq Ft$267 / $264Sq Ft1,584 / 1,300DOM32 / 14New10Total122
Townhouse
Avg/Median Price$251,538 / $222,888Range$200,000 – $379,900Price per Sq Ft$229 / $210Sq Ft1,182 / 988DOM24 / 8New0Total5
Sales by Bedroom Count
Studio
Avg:$94,450Median:$89,000Range:$89,000 – $99,900PSF:$163 / $127Sq Ft:600 / 500DOM:33 / 16New:0Total:2
1 Beds
Avg:$173,225Median:$137,000Range:$135,000 – $275,000PSF:$208 / $204Sq Ft:907 / 670DOM:50 / 8New:0Total:4
2 Beds
Avg:$234,110Median:$209,900Range:$149,800 – $415,000PSF:$231 / $214Sq Ft:1,010 / 950DOM:29 / 13New:5Total:31
3 Beds
Avg:$357,113Median:$359,999Range:$125,000 – $679,000PSF:$276 / $277Sq Ft:1,388 / 1,164DOM:31 / 13New:5Total:77
4 Beds
Avg:$456,439Median:$439,900Range:$279,900 – $729,999PSF:$240 / $235Sq Ft:2,101 / 1,940DOM:34 / 20New:4Total:33
5 Beds
Avg:$439,950Median:$425,000Range:$390,000 – $499,900PSF:$213 / $179Sq Ft:2,270 / 1,600DOM:10 / 7New:1Total:6
6 Beds
Avg:$562,225Median:$440,000Range:$389,900 – $890,000PSF:$227 / $227Sq Ft:2,326 / 2,326DOM:17 / 10New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $94,450 | $89,000 | $89,000 – $99,900 | $163 / $127 | 600 / 500 | 33 / 16 | 0 | 2 |
| 1 Beds | $173,225 | $137,000 | $135,000 – $275,000 | $208 / $204 | 907 / 670 | 50 / 8 | 0 | 4 |
| 2 Beds | $234,110 | $209,900 | $149,800 – $415,000 | $231 / $214 | 1,010 / 950 | 29 / 13 | 5 | 31 |
| 3 Beds | $357,113 | $359,999 | $125,000 – $679,000 | $276 / $277 | 1,388 / 1,164 | 31 / 13 | 5 | 77 |
| 4 Beds | $456,439 | $439,900 | $279,900 – $729,999 | $240 / $235 | 2,101 / 1,940 | 34 / 20 | 4 | 33 |
| 5 Beds | $439,950 | $425,000 | $390,000 – $499,900 | $213 / $179 | 2,270 / 1,600 | 10 / 7 | 1 | 6 |
| 6 Beds | $562,225 | $440,000 | $389,900 – $890,000 | $227 / $227 | 2,326 / 2,326 | 17 / 10 | 1 | 4 |
Rental Market Overview
Median Rent
$1,650
0.0%
Median DOM
34
0.0%
New Listings
7
Inventory
39
−9.3%
- Average Rent: $1,891
- Median Rent: $1,650
- Rent Range: $1,195 – $3,500
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,026 / 948
- Square Footage Range: 550 – 2,500
- Days on Market (Avg/Median): 79 / 34
- Days on Market Range: 1 – 364
- New Listings: 7
- Total Listings: 39
Rentals by Property Type
Apartment
$1,550
Median DOM: 12
Inventory: 6
MoM: 0.0%
Condo
$1,675
Median DOM: 56
Inventory: 5
MoM: 0.0%
Single Family
$1,625
Median DOM: 37
Inventory: 27
MoM: 0.0%
Townhouse
$2,500
Median DOM: 28
Inventory: 1
MoM: 0.0%
Apartment
Avg/Median Rent$1,696 / $1,550Range$1,450 – $2,100Rent per Sq Ft$2 / $2Sq Ft964 / 900DOM52 / 12New1Total6
Condo
Avg/Median Rent$1,695 / $1,675Range$1,350 – $1,950Rent per Sq Ft$2 / $2Sq Ft888 / 800DOM79 / 56New0Total5
Single Family
Avg/Median Rent$1,948 / $1,625Range$1,195 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,061 / 948DOM85 / 37New6Total27
Townhouse
Avg/Median Rent$2,500 / $2,500Range$2,500 – $2,500Rent per Sq Ft$3 / $3Sq Ft988 / 988DOM28 / 28New0Total1
Rentals by Bedroom Count
1 Beds
Avg:$1,287Median:$1,195Range:$1,195 – $1,600PSF:$2 / $2Sq Ft:576 / 550DOM:164 / 114New:0Total:11
2 Beds
Avg:$1,687Median:$1,550Range:$1,350 – $2,700PSF:$2 / $2Sq Ft:1,061 / 1,000DOM:35 / 12New:3Total:13
3 Beds
Avg:$2,400Median:$2,400Range:$1,700 – $3,500PSF:$2 / $2Sq Ft:1,174 / 1,100DOM:55 / 34New:3Total:11
4 Beds
Avg:$2,812Median:$2,600Range:$2,500 – $3,500PSF:$2 / $1Sq Ft:1,651 / 1,200DOM:37 / 11New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $1,287 | $1,195 | $1,195 – $1,600 | $2 / $2 | 576 / 550 | 164 / 114 | 0 | 11 |
| 2 Beds | $1,687 | $1,550 | $1,350 – $2,700 | $2 / $2 | 1,061 / 1,000 | 35 / 12 | 3 | 13 |
| 3 Beds | $2,400 | $2,400 | $1,700 – $3,500 | $2 / $2 | 1,174 / 1,100 | 55 / 34 | 3 | 11 |
| 4 Beds | $2,812 | $2,600 | $2,500 – $3,500 | $2 / $1 | 1,651 / 1,200 | 37 / 11 | 1 | 4 |
6-Month Sales Trend
Dec 2025
Median Price:$349,900Median DOM:47New:33Total:178
Jan 2026
Median Price:$349,900Median DOM:40New:34Total:156
Feb 2026
Median Price:$360,000Median DOM:23New:52Total:129
Mar 2026
Median Price:$350,000Median DOM:20New:51Total:147
Apr 2026
Median Price:$349,900Median DOM:14New:61Total:167
May 2026
Median Price:$359,900Median DOM:14New:17Total:165
6-Month Rental Trend
Dec 2025
Median Rent:$1,775Median DOM:51New:9Total:68
Jan 2026
Median Rent:$1,850Median DOM:43New:22Total:73
Feb 2026
Median Rent:$1,795Median DOM:47New:15Total:73
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:34New:7Total:39
Key Market Takeaways
Median sale prices moved higher this month while inventory compressed. Days on market were unchanged, signaling steady 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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