ZIP 60647 Housing Market Report
Chicago Metro
Report period: March 2026
60647 Monthly Market Update – March 2026
ZIP 60647 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$699,900
−1.4%
Median DOM (Sales)
10
−23.1%
New Listings (Sales)
25
−56.1%
Median Rent
$2,145
+2.1%
Median DOM (Rental)
19
−24.0%
Total Rental Listings
876
+11.3%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Condo (7 DOM)
- Fastest renting: Single Family (13 DOM)
- Strongest bedroom: 7 Beds ($1,050,000 median)
Sales Market Overview
Median Price
$699,900
−1.4%
Median DOM
10
−23.1%
New Listings
25
−56.1%
Inventory
191
+7.9%
- Average Price: $867,382
- Median Price: $699,900
- Price Range: $9,500 – $7,999,999
- Price per Sq Ft (Avg/Median): $364 / $358
- Square Footage (Avg/Median): 2,118 / 1,850
- Square Footage Range: 765 – 6,300
- Days on Market (Avg/Median): 32 / 10
- Days on Market Range: 2 – 326
- New Listings: 25
- Total Listings: 191
Sales by Property Type
Condo
Avg/Median Price$633,372 / $599,000Range$215,000 – $1,490,000Price per Sq Ft$368 / $363Sq Ft1,638 / 1,500DOM21 / 7New14Total85
Land
Avg/Median Price$1,142,417 / $375,000Range$9,500 – $7,999,999Price per Sq Ft—Sq Ft—DOM116 / 98New0Total18
Multi-Family
Avg/Median Price$890,405 / $839,000Range$449,900 – $2,200,000Price per Sq Ft$343 / $350Sq Ft2,109 / 2,050DOM45 / 14New3Total38
Single Family
Avg/Median Price$1,184,011 / $1,050,000Range$285,000 – $4,850,000Price per Sq Ft$361 / $333Sq Ft2,794 / 3,000DOM28 / 12New8Total45
Townhouse
Avg/Median Price$830,800 / $900,000Range$525,000 – $915,000Price per Sq Ft$320 / $320Sq Ft1,642 / 1,642DOM19 / 15New0Total5
Sales by Bedroom Count
1 Beds
Avg:$364,889Median:$355,000Range:$215,000 – $639,000PSF:$326 / $355Sq Ft:1,182 / 1,034DOM:39 / 7New:2Total:9
2 Beds
Avg:$515,772Median:$500,000Range:$275,000 – $1,150,000PSF:$362 / $361Sq Ft:1,387 / 1,277DOM:22 / 7New:2Total:40
3 Beds
Avg:$870,604Median:$799,900Range:$275,000 – $2,150,000PSF:$386 / $368Sq Ft:2,127 / 1,988DOM:23 / 8New:10Total:52
4 Beds
Avg:$924,893Median:$860,000Range:$450,000 – $2,200,000PSF:$350 / $329Sq Ft:2,757 / 2,800DOM:19 / 11New:5Total:29
5 Beds
Avg:$965,337Median:$860,000Range:$475,000 – $1,650,000PSF:$331 / $350Sq Ft:2,742 / 2,875DOM:32 / 7New:5Total:19
6 Beds
Avg:$1,327,655Median:$949,999Range:$450,000 – $3,599,900PSF:$361 / $150Sq Ft:4,650 / 3,000DOM:48 / 22New:0Total:9
7 Beds
Avg:$1,339,833Median:$1,050,000Range:$545,000 – $4,850,000PSF:—Sq Ft:—DOM:56 / 14New:1Total:12
8 Beds
Avg:$910,000Median:$985,000Range:$710,000 – $1,035,000PSF:—Sq Ft:—DOM:54 / 25New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $364,889 | $355,000 | $215,000 – $639,000 | $326 / $355 | 1,182 / 1,034 | 39 / 7 | 2 | 9 |
| 2 Beds | $515,772 | $500,000 | $275,000 – $1,150,000 | $362 / $361 | 1,387 / 1,277 | 22 / 7 | 2 | 40 |
| 3 Beds | $870,604 | $799,900 | $275,000 – $2,150,000 | $386 / $368 | 2,127 / 1,988 | 23 / 8 | 10 | 52 |
| 4 Beds | $924,893 | $860,000 | $450,000 – $2,200,000 | $350 / $329 | 2,757 / 2,800 | 19 / 11 | 5 | 29 |
| 5 Beds | $965,337 | $860,000 | $475,000 – $1,650,000 | $331 / $350 | 2,742 / 2,875 | 32 / 7 | 5 | 19 |
| 6 Beds | $1,327,655 | $949,999 | $450,000 – $3,599,900 | $361 / $150 | 4,650 / 3,000 | 48 / 22 | 0 | 9 |
| 7 Beds | $1,339,833 | $1,050,000 | $545,000 – $4,850,000 | — | — | 56 / 14 | 1 | 12 |
| 8 Beds | $910,000 | $985,000 | $710,000 – $1,035,000 | — | — | 54 / 25 | 0 | 3 |
Rental Market Overview
Median Rent
$2,145
+2.1%
Median DOM
19
−24.0%
New Listings
139
Inventory
876
+11.3%
- Average Rent: $2,298
- Median Rent: $2,145
- Rent Range: $1,000 – $9,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 927 / 850
- Square Footage Range: 302 – 10,000
- Days on Market (Avg/Median): 51 / 19
- Days on Market Range: 1 – 365
- New Listings: 139
- Total Listings: 876
Rentals by Property Type
Apartment
$2,000
Median DOM: 20
Inventory: 683
MoM: +2.1%
Condo
$2,750
Median DOM: 15
Inventory: 86
MoM: +2.1%
Single Family
$2,200
Median DOM: 13
Inventory: 90
MoM: +2.1%
Townhouse
$4,495
Median DOM: 49
Inventory: 5
MoM: +2.1%
Apartment
Avg/Median Rent$2,174 / $2,000Range$1,000 – $6,503Rent per Sq Ft$3 / $3Sq Ft845 / 766DOM56 / 20New99Total683
Condo
Avg/Median Rent$2,960 / $2,750Range$1,550 – $9,500Rent per Sq Ft$3 / $2Sq Ft1,316 / 1,100DOM37 / 15New12Total86
Multi-Family
Avg/Median Rent$1,713 / $1,295Range$1,250 – $3,450Rent per Sq Ft$3 / $4Sq Ft595 / 328DOM65 / 18New1Total12
Single Family
Avg/Median Rent$2,572 / $2,200Range$1,100 – $6,950Rent per Sq Ft$2 / $2Sq Ft1,202 / 1,000DOM34 / 13New25Total90
Townhouse
Avg/Median Rent$4,358 / $4,495Range$2,800 – $5,800Rent per Sq Ft$3 / $2Sq Ft2,093 / 1,505DOM75 / 49New2Total5
Rentals by Bedroom Count
Studio
Avg:$1,438Median:$1,395Range:$1,000 – $2,795PSF:$4 / $4Sq Ft:529 / 395DOM:72 / 26New:23Total:203
1 Beds
Avg:$2,040Median:$1,895Range:$1,000 – $3,701PSF:$3 / $3Sq Ft:693 / 670DOM:47 / 16New:38Total:203
2 Beds
Avg:$2,573Median:$2,550Range:$1,300 – $6,503PSF:$3 / $3Sq Ft:1,023 / 1,000DOM:47 / 17New:48Total:302
3 Beds
Avg:$2,985Median:$2,795Range:$1,500 – $9,500PSF:$2 / $2Sq Ft:1,396 / 1,300DOM:43 / 17New:28Total:148
4 Beds
Avg:$4,353Median:$4,200Range:$3,200 – $6,250PSF:$2 / $2Sq Ft:1,974 / 1,800DOM:74 / 40New:2Total:16
5 Beds
Avg:$4,737Median:$4,999Range:$3,200 – $5,750PSF:$2 / $1Sq Ft:3,103 / 3,850DOM:67 / 19New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,438 | $1,395 | $1,000 – $2,795 | $4 / $4 | 529 / 395 | 72 / 26 | 23 | 203 |
| 1 Beds | $2,040 | $1,895 | $1,000 – $3,701 | $3 / $3 | 693 / 670 | 47 / 16 | 38 | 203 |
| 2 Beds | $2,573 | $2,550 | $1,300 – $6,503 | $3 / $3 | 1,023 / 1,000 | 47 / 17 | 48 | 302 |
| 3 Beds | $2,985 | $2,795 | $1,500 – $9,500 | $2 / $2 | 1,396 / 1,300 | 43 / 17 | 28 | 148 |
| 4 Beds | $4,353 | $4,200 | $3,200 – $6,250 | $2 / $2 | 1,974 / 1,800 | 74 / 40 | 2 | 16 |
| 5 Beds | $4,737 | $4,999 | $3,200 – $5,750 | $2 / $1 | 3,103 / 3,850 | 67 / 19 | 0 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$599,000Median DOM:41New:79Total:342
Nov 2025
Median Price:$610,000Median DOM:47New:33Total:298
Dec 2025
Median Price:$624,999Median DOM:52New:25Total:228
Jan 2026
Median Price:$639,000Median DOM:39New:63Total:211
Feb 2026
Median Price:$710,000Median DOM:13New:57Total:177
Mar 2026
Median Price:$699,900Median DOM:10New:25Total:191
6-Month Rental Trend
Oct 2025
Median Rent:$1,995Median DOM:31New:194Total:966
Nov 2025
Median Rent:$1,995Median DOM:32New:131Total:751
Dec 2025
Median Rent:$2,095Median DOM:42New:117Total:616
Jan 2026
Median Rent:$2,100Median DOM:36New:137Total:661
Feb 2026
Median Rent:$2,100Median DOM:25New:214Total:787
Mar 2026
Median Rent:$2,145Median DOM:19New:139Total:876
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving 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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