ZIP 60646 Housing Market Report

Chicago Metro

Report period: March 2026

60646 Monthly Market Update – March 2026

ZIP 60646 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$599,900
+0.5%
Median DOM (Sales)
16
−15.8%
New Listings (Sales)
8
−70.4%
Median Rent
$1,995
0.0%
Median DOM (Rental)
39
+25.8%
Total Rental Listings
32
0.0%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents were stable.

What's Moving Fastest

  • Fastest selling: Townhouse (7 DOM)
  • Fastest renting: Apartment (23 DOM)
  • Strongest bedroom: 4 Beds ($699,900 median)

Sales Market Overview

Median Price
$599,900
+0.5%
Median DOM
16
−15.8%
New Listings
8
−70.4%
Inventory
65
+1.6%
  • Average Price: $679,806
  • Median Price: $599,900
  • Price Range: $299,000 – $3,000,000
  • Price per Sq Ft (Avg/Median): $311 / $303
  • Square Footage (Avg/Median): 2,125 / 1,994
  • Square Footage Range: 987 – 6,000
  • Days on Market (Avg/Median): 38 / 16
  • Days on Market Range: 3 – 365
  • New Listings: 8
  • Total Listings: 65

Sales by Property Type

Condo
Avg/Median Price$419,900 / $419,900Range$389,900 – $449,900Price per Sq Ft$240 / $221Sq Ft1,700 / 1,500DOM26 / 12New1Total3
Land
Avg/Median Price$1,349,000 / $792,000Range$365,000 – $3,000,000Price per Sq FtSq FtDOM221 / 155New0Total4
Multi-Family
Avg/Median Price$656,000 / $699,000Range$479,000 – $735,000Price per Sq Ft$278 / $278Sq Ft2,400 / 2,400DOM61 / 24New1Total5
Single Family
Avg/Median Price$661,185 / $599,900Range$299,000 – $2,400,000Price per Sq Ft$320 / $313Sq Ft2,140 / 2,000DOM27 / 16New5Total48
Townhouse
Avg/Median Price$502,960 / $510,000Range$344,900 – $625,000Price per Sq Ft$255 / $268Sq Ft2,114 / 1,994DOM12 / 7New1Total5

Sales by Bedroom Count

2 Beds
Avg:$483,289Median:$475,000Range:$344,900 – $675,000PSF:$334 / $366Sq Ft:1,537 / 1,242DOM:29 / 24New:1Total:9
3 Beds
Avg:$562,113Median:$539,900Range:$299,000 – $989,900PSF:$308 / $285Sq Ft:1,943 / 1,853DOM:24 / 12New:4Total:31
4 Beds
Avg:$755,127Median:$699,900Range:$479,000 – $1,150,000PSF:$308 / $304Sq Ft:2,547 / 2,059DOM:28 / 14New:1Total:11
5 Beds
Avg:$705,238Median:$699,000Range:$519,000 – $1,035,000PSF:$288 / $304Sq Ft:2,463 / 2,500DOM:51 / 32New:1Total:8
6 Beds
Avg:$1,534,000Median:$668,000Range:$668,000 – $2,400,000PSF:$339 / $278Sq Ft:4,200 / 2,400DOM:12 / 8New:1Total:2

Rental Market Overview

Median Rent
$1,995
0.0%
Median DOM
39
+25.8%
New Listings
3
Inventory
32
0.0%
  • Average Rent: $2,068
  • Median Rent: $1,995
  • Rent Range: $450 – $4,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,143 / 1,015
  • Square Footage Range: 300 – 2,500
  • Days on Market (Avg/Median): 50 / 39
  • Days on Market Range: 6 – 231
  • New Listings: 3
  • Total Listings: 32

Rentals by Property Type

Apartment
$1,600
Median DOM: 23
Inventory: 6
MoM: 0.0%
Condo
$1,800
Median DOM: 39
Inventory: 8
MoM: 0.0%
Single Family
$2,150
Median DOM: 42
Inventory: 17
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,699 / $1,600Range$450 – $2,500Rent per Sq Ft$2 / $2Sq Ft967 / 800DOM79 / 23New1Total6
Condo
Avg/Median Rent$1,912 / $1,800Range$1,450 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,043 / 1,000DOM61 / 39New0Total8
Multi-Family
Avg/Median Rent$2,000 / $2,000Range$2,000 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,500 / 1,500DOM31 / 31New0Total1
Single Family
Avg/Median Rent$2,276 / $2,150Range$1,000 – $4,500Rent per Sq Ft$2 / $2Sq Ft1,218 / 1,100DOM38 / 42New2Total17

Rentals by Bedroom Count

Studio
Avg:$450Median:$450Range:$450 – $450PSF:$2 / $2Sq Ft:300 / 300DOM:122 / 122New:0Total:1
1 Beds
Avg:$1,425Median:$1,300Range:$1,300 – $1,650PSF:$2 / $2Sq Ft:650 / 650DOM:16 / 9New:2Total:4
2 Beds
Avg:$2,180Median:$1,995Range:$1,595 – $4,500PSF:$2 / $2Sq Ft:1,118 / 1,000DOM:64 / 46New:0Total:16
3 Beds
Avg:$2,114Median:$2,100Range:$1,000 – $2,550PSF:$2 / $2Sq Ft:1,225 / 1,200DOM:38 / 31New:1Total:10
4 Beds
Avg:$4,000Median:$4,000Range:$4,000 – $4,000PSF:$2 / $2Sq Ft:2,500 / 2,500DOM:8 / 8New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$519,000Median DOM:36New:34Total:113
Nov 2025
Median Price:$544,900Median DOM:42New:14Total:97
Dec 2025
Median Price:$525,000Median DOM:49New:11Total:81
Jan 2026
Median Price:$579,900Median DOM:36New:17Total:70
Feb 2026
Median Price:$597,000Median DOM:19New:27Total:64
Mar 2026
Median Price:$599,900Median DOM:16New:8Total:65

6-Month Rental Trend

Oct 2025
Median Rent:$1,850Median DOM:25New:8Total:35
Nov 2025
Median Rent:$1,800Median DOM:26New:11Total:38
Dec 2025
Median Rent:$1,650Median DOM:26New:9Total:40
Jan 2026
Median Rent:$1,950Median DOM:23New:10Total:30
Feb 2026
Median Rent:$1,995Median DOM:31New:9Total:32
Mar 2026
Median Rent:$1,995Median DOM:39New:3Total:32

Key Market Takeaways

Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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