ZIP 60646 Housing Market Report

Chicago Metro

Report period: May 2026

60646 Monthly Market Update – May 2026

ZIP 60646 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$650,000
+1.6%
Median DOM (Sales)
16
+33.3%
New Listings (Sales)
6
−76.0%
Median Rent
$2,100
+2.4%
Median DOM (Rental)
23
0.0%
Total Rental Listings
40
−14.9%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (10 DOM)
  • Fastest renting: Townhouse (13 DOM)
  • Strongest bedroom: 8 Beds ($799,000 median)

Sales Market Overview

Median Price
$650,000
+1.6%
Median DOM
16
+33.3%
New Listings
6
−76.0%
Inventory
66
−12.0%
  • Average Price: $769,348
  • Median Price: $650,000
  • Price Range: $375,000 – $3,000,000
  • Price per Sq Ft (Avg/Median): $329 / $315
  • Square Footage (Avg/Median): 2,400 / 2,200
  • Square Footage Range: 960 – 6,000
  • Days on Market (Avg/Median): 26 / 16
  • Days on Market Range: 3 – 198
  • New Listings: 6
  • Total Listings: 66

Sales by Property Type

Condo
Avg/Median Price$419,000 / $419,000Range$419,000 – $419,000Price per Sq Ft$299 / $299Sq Ft1,400 / 1,400DOM61 / 61New0Total1
Land
Avg/Median Price$1,887,500 / $775,000Range$775,000 – $3,000,000Price per Sq FtSq FtDOM34 / 34New0Total2
Multi-Family
Avg/Median Price$687,642 / $689,900Range$479,000 – $830,000Price per Sq Ft$328 / $278Sq Ft2,300 / 2,200DOM40 / 16New0Total12
Single Family
Avg/Median Price$756,628 / $639,000Range$375,000 – $2,600,000Price per Sq Ft$329 / $316Sq Ft2,427 / 2,200DOM22 / 10New6Total50
Townhouse
Avg/Median Price$499,900 / $499,900Range$499,900 – $499,900Price per Sq FtSq FtDOM39 / 39New0Total1

Sales by Bedroom Count

2 Beds
Avg:$457,780Median:$425,000Range:$375,000 – $570,000PSF:$372 / $352Sq Ft:1,210 / 1,209DOM:41 / 39New:0Total:5
3 Beds
Avg:$694,457Median:$619,900Range:$439,900 – $1,799,900PSF:$346 / $320Sq Ft:2,151 / 2,150DOM:17 / 7New:5Total:23
4 Beds
Avg:$770,823Median:$699,900Range:$479,000 – $1,500,000PSF:$317 / $312Sq Ft:2,558 / 2,291DOM:27 / 14New:0Total:17
5 Beds
Avg:$877,823Median:$650,000Range:$499,900 – $2,600,000PSF:$281 / $279Sq Ft:3,621 / 3,408DOM:38 / 18New:1Total:13
6 Beds
Avg:$635,333Median:$668,000Range:$539,000 – $699,000PSF:$275 / $273Sq Ft:2,188 / 1,977DOM:18 / 16New:0Total:3
7 Beds
Avg:$689,900Median:$689,900Range:$689,900 – $689,900PSF:Sq Ft:DOM:6 / 6New:0Total:1
8 Beds
Avg:$814,500Median:$799,000Range:$799,000 – $830,000PSF:$377 / $377Sq Ft:2,200 / 2,200DOM:30 / 7New:0Total:2

Rental Market Overview

Median Rent
$2,100
+2.4%
Median DOM
23
0.0%
New Listings
4
Inventory
40
−14.9%
  • Average Rent: $2,217
  • Median Rent: $2,100
  • Rent Range: $1,000 – $6,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,122 / 1,100
  • Square Footage Range: 450 – 2,200
  • Days on Market (Avg/Median): 44 / 23
  • Days on Market Range: 2 – 293
  • New Listings: 4
  • Total Listings: 40

Rentals by Property Type

Apartment
$1,850
Median DOM: 21
Inventory: 12
MoM: +2.4%
Condo
$1,935
Median DOM: 27
Inventory: 8
MoM: +2.4%
Single Family
$2,200
Median DOM: 24
Inventory: 19
MoM: +2.4%
Townhouse
$3,600
Median DOM: 13
Inventory: 1
MoM: +2.4%
Apartment
Avg/Median Rent$1,893 / $1,850Range$1,495 – $2,175Rent per Sq Ft$2 / $2Sq Ft1,075 / 1,100DOM51 / 21New3Total12
Condo
Avg/Median Rent$1,991 / $1,935Range$1,650 – $2,350Rent per Sq Ft$2 / $2Sq Ft879 / 800DOM44 / 27New0Total8
Single Family
Avg/Median Rent$2,444 / $2,200Range$1,000 – $6,000Rent per Sq Ft$2 / $2Sq Ft1,202 / 1,116DOM43 / 24New1Total19
Townhouse
Avg/Median Rent$3,600 / $3,600Range$3,600 – $3,600Rent per Sq Ft$2 / $2Sq Ft2,000 / 2,000DOM13 / 13New0Total1

Rentals by Bedroom Count

1 Beds
Avg:$1,677Median:$1,500Range:$1,300 – $2,220PSF:$3 / $2Sq Ft:750 / 650DOM:27 / 20New:0Total:9
2 Beds
Avg:$2,179Median:$2,099Range:$1,495 – $4,500PSF:$2 / $2Sq Ft:1,119 / 1,100DOM:54 / 21New:4Total:18
3 Beds
Avg:$2,644Median:$2,350Range:$1,000 – $6,000PSF:$2 / $2Sq Ft:1,342 / 1,250DOM:43 / 24New:0Total:13

6-Month Sales Trend

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:$625,000Median DOM:13New:30Total:68
Apr 2026
Median Price:$639,900Median DOM:12New:25Total:75
May 2026
Median Price:$650,000Median DOM:16New:6Total:66

6-Month Rental Trend

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:$2,100Median DOM:31New:15Total:39
Apr 2026
Median Rent:$2,050Median DOM:23New:12Total:47
May 2026
Median Rent:$2,100Median DOM:23New:4Total:40

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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