ZIP 60646 Housing Market Report

Chicago Metro

Report period: August 2026

60646 Monthly Market Update – August 2026

ZIP 60646 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$599,999
−4.0%
Median DOM (Sales)
7
0.0%
New Listings (Sales)
22
−53.2%
Median Rent
$2,100
+5.0%
Median DOM (Rental)
14
−41.7%
Total Rental Listings
45
+7.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Rents moved higher. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (1 DOM)
  • Fastest renting: Single Family (11 DOM)
  • Strongest bedroom: 6 Beds ($989,000 median)

Sales Market Overview

Median Price
$599,999
−4.0%
Median DOM
7
0.0%
New Listings
22
−53.2%
Inventory
90
−5.3%
  • Average Price: $709,185
  • Median Price: $599,999
  • Price Range: $265,000 – $3,000,000
  • Price per Sq Ft (Avg/Median): $319 / $308
  • Square Footage (Avg/Median): 2,240 / 2,035
  • Square Footage Range: 715 – 6,000
  • Days on Market (Avg/Median): 21 / 7
  • Days on Market Range: 1 – 126
  • New Listings: 22
  • Total Listings: 90

Sales by Property Type

Condo
Avg/Median Price$409,483 / $419,000Range$265,000 – $515,000Price per Sq Ft$325 / $299Sq Ft1,276 / 1,300DOM29 / 10New3Total6
Land
Avg/Median Price$1,887,450 / $774,900Range$774,900 – $3,000,000Price per Sq FtSq FtDOM125 / 125New0Total2
Multi-Family
Avg/Median Price$722,891 / $685,000Range$530,000 – $989,000Price per Sq Ft$302 / $286Sq Ft2,283 / 2,200DOM46 / 51New3Total11
Single Family
Avg/Median Price$714,200 / $599,900Range$385,000 – $2,500,000Price per Sq Ft$323 / $311Sq Ft2,342 / 2,163DOM16 / 5New14Total66
Townhouse
Avg/Median Price$501,160 / $500,000Range$359,000 – $624,900Price per Sq Ft$266 / $247Sq Ft2,070 / 1,942DOM6 / 1New2Total5

Sales by Bedroom Count

2 Beds
Avg:$460,663Median:$479,000Range:$265,000 – $599,900PSF:$381 / $366Sq Ft:1,287 / 1,300DOM:20 / 1New:7Total:19
3 Beds
Avg:$640,456Median:$599,900Range:$419,900 – $1,575,000PSF:$313 / $306Sq Ft:2,143 / 2,058DOM:15 / 6New:9Total:39
4 Beds
Avg:$767,570Median:$690,000Range:$425,000 – $1,199,950PSF:$267 / $271Sq Ft:2,919 / 2,664DOM:14 / 4New:4Total:15
5 Beds
Avg:$1,028,989Median:$735,000Range:$538,000 – $2,500,000PSF:$306 / $271Sq Ft:4,190 / 4,342DOM:29 / 10New:2Total:9
6 Beds
Avg:$1,070,967Median:$989,000Range:$674,900 – $1,549,000PSF:$241 / $241Sq Ft:2,800 / 2,800DOM:63 / 60New:0Total:3
7 Beds
Avg:$669,000Median:$669,000Range:$669,000 – $669,000PSF:Sq Ft:DOM:51 / 51New:0Total:1
8 Beds
Avg:$832,500Median:$830,000Range:$830,000 – $835,000PSF:$377 / $377Sq Ft:2,200 / 2,200DOM:56 / 26New:0Total:2

Rental Market Overview

Median Rent
$2,100
+5.0%
Median DOM
14
−41.7%
New Listings
8
Inventory
45
+7.1%
  • Average Rent: $2,331
  • Median Rent: $2,100
  • Rent Range: $1,000 – $5,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,266 / 1,150
  • Square Footage Range: 500 – 3,300
  • Days on Market (Avg/Median): 42 / 14
  • Days on Market Range: 1 – 339
  • New Listings: 8
  • Total Listings: 45

Rentals by Property Type

Apartment
$1,875
Median DOM: 18
Inventory: 19
MoM: +5.0%
Condo
$2,250
Median DOM: 24
Inventory: 7
MoM: +5.0%
Single Family
$2,350
Median DOM: 11
Inventory: 19
MoM: +5.0%
Townhouse
Median DOM:
Inventory:
MoM: +5.0%
Apartment
Avg/Median Rent$2,058 / $1,875Range$1,000 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,108 / 1,056DOM58 / 18New4Total19
Condo
Avg/Median Rent$2,424 / $2,250Range$1,650 – $3,600Rent per Sq Ft$2 / $2Sq Ft1,199 / 1,400DOM65 / 24New1Total7
Single Family
Avg/Median Rent$2,570 / $2,350Range$1,000 – $5,000Rent per Sq Ft$2 / $2Sq Ft1,415 / 1,300DOM18 / 11New3Total19

Rentals by Bedroom Count

Studio
Avg:$1,450Median:$1,000Range:$1,000 – $1,900PSF:$2 / $2Sq Ft:675 / 500DOM:32 / 13New:0Total:2
1 Beds
Avg:$1,564Median:$1,500Range:$1,000 – $2,220PSF:$2 / $2Sq Ft:764 / 600DOM:45 / 21New:0Total:5
2 Beds
Avg:$2,031Median:$1,950Range:$1,495 – $2,850PSF:$2 / $2Sq Ft:1,190 / 1,100DOM:53 / 24New:4Total:25
3 Beds
Avg:$3,292Median:$3,000Range:$2,000 – $5,000PSF:$2 / $2Sq Ft:1,681 / 1,450DOM:23 / 11New:3Total:12
4 Beds
Avg:$3,900Median:$3,900Range:$3,900 – $3,900PSF:$2 / $2Sq Ft:1,850 / 1,850DOM:10 / 10New:1Total:1

6-Month Sales Trend

Mar 2026
Median Price:$625,000Median DOM:13New:30Total:68
Apr 2026
Median Price:$639,900Median DOM:12New:25Total:75
May 2026
Median Price:$639,000Median DOM:9New:29Total:72
Jun 2026
Median Price:$629,900Median DOM:10New:36Total:75
Jul 2026
Median Price:$624,888Median DOM:7New:47Total:95
Aug 2026
Median Price:$599,999Median DOM:7New:22Total:90

6-Month Rental Trend

Mar 2026
Median Rent:$2,100Median DOM:31New:15Total:39
Apr 2026
Median Rent:$2,050Median DOM:23New:12Total:47
May 2026
Median Rent:$2,000Median DOM:30New:8Total:36
Jun 2026
Median Rent:$1,900Median DOM:42New:13Total:37
Jul 2026
Median Rent:$2,000Median DOM:24New:11Total:42
Aug 2026
Median Rent:$2,100Median DOM:14New:8Total:45

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market were unchanged, signaling steady buyer activity. Rental pricing increased, 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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