ZIP 60638 Housing Market Report

Chicago Metro

Report period: March 2026

60638 Monthly Market Update – March 2026

ZIP 60638 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$355,000
−1.4%
Median DOM (Sales)
21
−8.7%
New Listings (Sales)
18
−65.4%
Median Rent
$1,750
−2.5%
Median DOM (Rental)
42
−10.6%
Total Rental Listings
72
−1.4%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (11 DOM)
  • Fastest renting: Townhouse (8 DOM)
  • Strongest bedroom: 6 Beds ($479,900 median)

Sales Market Overview

Median Price
$355,000
−1.4%
Median DOM
21
−8.7%
New Listings
18
−65.4%
Inventory
135
+4.7%
  • Average Price: $348,882
  • Median Price: $355,000
  • Price Range: $69,900 – $699,000
  • Price per Sq Ft (Avg/Median): $260 / $250
  • Square Footage (Avg/Median): 1,492 / 1,225
  • Square Footage Range: 500 – 3,780
  • Days on Market (Avg/Median): 37 / 21
  • Days on Market Range: 1 – 202
  • New Listings: 18
  • Total Listings: 135

Sales by Property Type

Condo
Avg/Median Price$155,878 / $149,900Range$99,900 – $194,900Price per Sq Ft$208 / $200Sq Ft764 / 750DOM20 / 11New2Total14
Land
Avg/Median Price$192,760 / $95,000Range$69,900 – $599,000Price per Sq FtSq FtDOM51 / 48New0Total5
Multi-Family
Avg/Median Price$394,950 / $399,900Range$294,900 – $460,000Price per Sq Ft$210 / $164Sq Ft1,801 / 1,800DOM84 / 50New0Total4
Single Family
Avg/Median Price$381,315 / $364,000Range$199,000 – $699,000Price per Sq Ft$268 / $255Sq Ft1,569 / 1,307DOM38 / 21New16Total109
Townhouse
Avg/Median Price$269,933 / $249,900Range$180,000 – $379,900Price per Sq Ft$223 / $205Sq Ft1,243 / 988DOM11 / 14New0Total3

Sales by Bedroom Count

Studio
Avg:$99,900Median:$99,900Range:$99,900 – $99,900PSF:$200 / $200Sq Ft:500 / 500DOM:11 / 11New:1Total:1
1 Beds
Avg:$159,950Median:$139,900Range:$124,900 – $280,000PSF:$198 / $200Sq Ft:875 / 700DOM:35 / 21New:0Total:6
2 Beds
Avg:$268,772Median:$249,900Range:$149,900 – $389,900PSF:$255 / $245Sq Ft:1,082 / 900DOM:29 / 14New:3Total:22
3 Beds
Avg:$349,621Median:$349,900Range:$180,000 – $699,000PSF:$276 / $261Sq Ft:1,383 / 1,164DOM:32 / 20New:11Total:68
4 Beds
Avg:$464,265Median:$449,900Range:$250,000 – $699,000PSF:$240 / $235Sq Ft:2,080 / 1,916DOM:48 / 28New:3Total:29
5 Beds
Avg:$481,600Median:$425,000Range:$399,900 – $619,900PSF:$210 / $210Sq Ft:2,954 / 2,954DOM:52 / 16New:0Total:3
6 Beds
Avg:$479,900Median:$479,900Range:$479,900 – $479,900PSF:$233 / $233Sq Ft:2,058 / 2,058DOM:202 / 202New:0Total:1

Rental Market Overview

Median Rent
$1,750
−2.5%
Median DOM
42
−10.6%
New Listings
3
Inventory
72
−1.4%
  • Average Rent: $2,050
  • Median Rent: $1,750
  • Rent Range: $975 – $5,900
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,202 / 1,100
  • Square Footage Range: 480 – 3,780
  • Days on Market (Avg/Median): 72 / 42
  • Days on Market Range: 4 – 325
  • New Listings: 3
  • Total Listings: 72

Rentals by Property Type

Apartment
$1,650
Median DOM: 35
Inventory: 17
MoM: −2.5%
Condo
$1,750
Median DOM: 31
Inventory: 11
MoM: −2.5%
Single Family
$2,400
Median DOM: 46
Inventory: 43
MoM: −2.5%
Townhouse
$2,450
Median DOM: 8
Inventory: 1
MoM: −2.5%
Apartment
Avg/Median Rent$1,616 / $1,650Range$975 – $2,105Rent per Sq Ft$2 / $2Sq Ft933 / 1,000DOM77 / 35New1Total17
Condo
Avg/Median Rent$1,711 / $1,750Range$1,100 – $2,300Rent per Sq Ft$2 / $2Sq Ft972 / 950DOM49 / 31New0Total11
Single Family
Avg/Median Rent$2,299 / $2,400Range$1,195 – $5,900Rent per Sq Ft$2 / $2Sq Ft1,350 / 1,200DOM77 / 46New2Total43
Townhouse
Avg/Median Rent$2,450 / $2,450Range$2,450 – $2,450Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,200DOM8 / 8New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,249Median:$1,195Range:$975 – $1,600PSF:$2 / $2Sq Ft:691 / 550DOM:108 / 104New:0Total:17
2 Beds
Avg:$1,878Median:$1,650Range:$1,395 – $3,500PSF:$2 / $2Sq Ft:1,039 / 1,000DOM:62 / 30New:2Total:20
3 Beds
Avg:$2,329Median:$2,200Range:$1,255 – $3,700PSF:$2 / $2Sq Ft:1,363 / 1,194DOM:67 / 35New:0Total:27
4 Beds
Avg:$2,791Median:$2,600Range:$2,200 – $3,500PSF:$2 / $1Sq Ft:1,834 / 1,324DOM:20 / 8New:1Total:6
5 Beds
Avg:$4,600Median:$3,300Range:$3,300 – $5,900PSF:$2 / $1Sq Ft:2,450 / 2,400DOM:69 / 24New:0Total:2

6-Month Sales Trend

Oct 2025
Median Price:$339,900Median DOM:44New:66Total:218
Nov 2025
Median Price:$349,900Median DOM:42New:50Total:210
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:$355,000Median DOM:21New:18Total:135

6-Month Rental Trend

Oct 2025
Median Rent:$1,775Median DOM:26New:28Total:71
Nov 2025
Median Rent:$1,800Median DOM:34New:17Total:74
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:$1,750Median DOM:42New:3Total:72

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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