ZIP 60649 Housing Market Report

Chicago Metro

Report period: August 2026

60649 Monthly Market Update – August 2026

ZIP 60649 · Last updated Aug 12, 2026 · Data range Mar 2026 – Aug 2026

Executive Snapshot

Median Sale Price
$145,000
−6.5%
Median DOM (Sales)
27
−27.0%
New Listings (Sales)
41
−24.1%
Median Rent
$1,500
+0.3%
Median DOM (Rental)
148
+1.4%
Total Rental Listings
395
−0.3%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (16 DOM)
  • Fastest renting: Townhouse (6 DOM)
  • Strongest bedroom: 8 Beds ($429,900 median)

Sales Market Overview

Median Price
$145,000
−6.5%
Median DOM
27
−27.0%
New Listings
41
−24.1%
Inventory
188
+1.6%
  • Average Price: $192,233
  • Median Price: $145,000
  • Price Range: $9,990 – $899,000
  • Price per Sq Ft (Avg/Median): $121 / $115
  • Square Footage (Avg/Median): 1,451 / 1,250
  • Square Footage Range: 400 – 4,679
  • Days on Market (Avg/Median): 56 / 27
  • Days on Market Range: 1 – 356
  • New Listings: 41
  • Total Listings: 188

Sales by Property Type

Condo
Avg/Median Price$117,215 / $105,000Range$29,250 – $315,000Price per Sq Ft$105 / $100Sq Ft1,111 / 925DOM54 / 25New20Total97
Land
Avg/Median Price$98,418 / $29,000Range$9,990 – $600,000Price per Sq FtSq FtDOM152 / 134New0Total11
Multi-Family
Avg/Median Price$341,535 / $319,000Range$120,000 – $750,000Price per Sq Ft$43 / $43Sq Ft2,800 / 2,800DOM79 / 55New1Total17
Single Family
Avg/Median Price$295,684 / $249,900Range$39,900 – $899,000Price per Sq Ft$148 / $138Sq Ft2,002 / 1,800DOM43 / 16New18Total56
Townhouse
Avg/Median Price$189,000 / $195,000Range$120,000 – $299,000Price per Sq Ft$143 / $134Sq Ft1,298 / 1,296DOM29 / 33New2Total7

Sales by Bedroom Count

Studio
Avg:$72,789Median:$55,000Range:$29,250 – $123,000PSF:$113 / $110Sq Ft:614 / 550DOM:85 / 57New:1Total:9
1 Beds
Avg:$70,231Median:$59,900Range:$29,950 – $179,900PSF:$86 / $75Sq Ft:787 / 775DOM:32 / 16New:8Total:37
2 Beds
Avg:$135,451Median:$122,900Range:$39,900 – $397,500PSF:$117 / $114Sq Ft:1,204 / 1,100DOM:60 / 29New:11Total:46
3 Beds
Avg:$236,591Median:$235,000Range:$110,000 – $400,000PSF:$135 / $122Sq Ft:1,863 / 1,700DOM:44 / 17New:12Total:43
4 Beds
Avg:$317,189Median:$249,900Range:$80,000 – $799,500PSF:$155 / $154Sq Ft:2,122 / 1,866DOM:58 / 24New:5Total:23
5 Beds
Avg:$372,212Median:$299,000Range:$144,900 – $750,000PSF:$168 / $138Sq Ft:2,873 / 2,400DOM:24 / 1New:3Total:8
6 Beds
Avg:$489,917Median:$404,000Range:$120,000 – $899,000PSF:$143 / $43Sq Ft:3,250 / 2,800DOM:124 / 93New:0Total:6
7 Beds
Avg:$389,333Median:$400,000Range:$319,000 – $449,000PSF:Sq Ft:DOM:86 / 55New:0Total:3
8 Beds
Avg:$509,450Median:$429,900Range:$429,900 – $589,000PSF:Sq Ft:DOM:32 / 1New:1Total:2

Rental Market Overview

Median Rent
$1,500
+0.3%
Median DOM
148
+1.4%
New Listings
19
Inventory
395
−0.3%
  • Average Rent: $1,536
  • Median Rent: $1,500
  • Rent Range: $675 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,008 / 900
  • Square Footage Range: 302 – 3,622
  • Days on Market (Avg/Median): 155 / 148
  • Days on Market Range: 2 – 363
  • New Listings: 19
  • Total Listings: 395

Rentals by Property Type

Apartment
$1,400
Median DOM: 194
Inventory: 313
MoM: +0.3%
Condo
$1,550
Median DOM: 44
Inventory: 38
MoM: +0.3%
Single Family
$1,700
Median DOM: 63
Inventory: 39
MoM: +0.3%
Townhouse
$1,700
Median DOM: 6
Inventory: 2
MoM: +0.3%
Apartment
Avg/Median Rent$1,489 / $1,400Range$675 – $3,500Rent per Sq Ft$2 / $1Sq Ft901 / 800DOM177 / 194New12Total313
Condo
Avg/Median Rent$1,668 / $1,550Range$1,200 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,208 / 1,200DOM80 / 44New4Total38
Multi-Family
Avg/Median Rent$1,778 / $1,800Range$1,535 – $2,000Rent per Sq Ft$1 / $1Sq Ft1,267 / 1,200DOM35 / 36New0Total3
Single Family
Avg/Median Rent$1,742 / $1,700Range$925 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,371 / 1,200DOM78 / 63New3Total39
Townhouse
Avg/Median Rent$2,125 / $1,700Range$1,700 – $2,550Rent per Sq Ft$2 / $2Sq Ft1,100 / 1,100DOM137 / 6New0Total2

Rentals by Bedroom Count

Studio
Avg:$1,022Median:$905Range:$675 – $1,500PSF:$2 / $2Sq Ft:486 / 461DOM:225 / 236New:1Total:28
1 Beds
Avg:$1,169Median:$1,100Range:$800 – $1,750PSF:$2 / $2Sq Ft:684 / 645DOM:163 / 168New:3Total:87
2 Beds
Avg:$1,487Median:$1,500Range:$940 – $2,500PSF:$1 / $1Sq Ft:1,007 / 900DOM:161 / 152New:11Total:163
3 Beds
Avg:$1,890Median:$1,860Range:$1,100 – $3,200PSF:$1 / $1Sq Ft:1,402 / 1,325DOM:120 / 63New:4Total:90
4 Beds
Avg:$2,373Median:$2,280Range:$1,300 – $4,000PSF:$1 / $1Sq Ft:1,721 / 1,500DOM:156 / 87New:0Total:27

6-Month Sales Trend

Mar 2026
Median Price:$140,000Median DOM:53New:33Total:156
Apr 2026
Median Price:$145,000Median DOM:52New:42Total:155
May 2026
Median Price:$157,900Median DOM:50New:38Total:161
Jun 2026
Median Price:$170,000Median DOM:33New:63Total:180
Jul 2026
Median Price:$155,000Median DOM:37New:54Total:185
Aug 2026
Median Price:$145,000Median DOM:27New:41Total:188

6-Month Rental Trend

Mar 2026
Median Rent:$1,450Median DOM:77New:59Total:473
Apr 2026
Median Rent:$1,450Median DOM:90New:63Total:455
May 2026
Median Rent:$1,450Median DOM:114New:48Total:456
Jun 2026
Median Rent:$1,450Median DOM:143New:40Total:429
Jul 2026
Median Rent:$1,495Median DOM:146New:32Total:396
Aug 2026
Median Rent:$1,500Median DOM:148New:19Total:395

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 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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