ZIP 60649 Housing Market Report

Chicago Metro

Report period: May 2026

60649 Monthly Market Update – May 2026

ZIP 60649 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$150,000
+3.4%
Median DOM (Sales)
58
+11.5%
New Listings (Sales)
8
−81.0%
Median Rent
$1,450
0.0%
Median DOM (Rental)
101
+12.2%
Total Rental Listings
456
+0.2%

Month-over-Month Movement

Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (22 DOM)
  • Fastest renting: Single Family (37 DOM)
  • Strongest bedroom: 7 Beds ($379,000 median)

Sales Market Overview

Median Price
$150,000
+3.4%
Median DOM
58
+11.5%
New Listings
8
−81.0%
Inventory
149
−3.9%
  • Average Price: $200,915
  • Median Price: $150,000
  • Price Range: $9,990 – $1,500,000
  • Price per Sq Ft (Avg/Median): $119 / $109
  • Square Footage (Avg/Median): 1,601 / 1,355
  • Square Footage Range: 400 – 4,326
  • Days on Market (Avg/Median): 78 / 58
  • Days on Market Range: 3 – 342
  • New Listings: 8
  • Total Listings: 149

Sales by Property Type

Condo
Avg/Median Price$121,589 / $119,999Range$49,000 – $304,900Price per Sq Ft$107 / $100Sq Ft1,191 / 1,000DOM74 / 63New3Total63
Land
Avg/Median Price$165,691 / $25,000Range$9,990 – $1,500,000Price per Sq FtSq FtDOM153 / 131New0Total11
Multi-Family
Avg/Median Price$292,745 / $289,000Range$95,000 – $750,000Price per Sq Ft$69 / $45Sq Ft2,504 / 2,208DOM72 / 40New3Total22
Single Family
Avg/Median Price$275,943 / $249,999Range$56,500 – $729,000Price per Sq Ft$137 / $129Sq Ft2,073 / 1,870DOM68 / 43New2Total49
Townhouse
Avg/Median Price$123,000 / $109,000Range$34,000 – $210,000Price per Sq Ft$79 / $107Sq Ft1,355 / 1,296DOM121 / 22New0Total4

Sales by Bedroom Count

Studio
Avg:$76,380Median:$55,000Range:$49,000 – $123,000PSF:$135 / $123Sq Ft:550 / 500DOM:58 / 30New:0Total:5
1 Beds
Avg:$83,543Median:$64,900Range:$50,000 – $135,000PSF:$98 / $87Sq Ft:870 / 800DOM:70 / 39New:0Total:14
2 Beds
Avg:$141,161Median:$120,000Range:$50,000 – $425,000PSF:$116 / $102Sq Ft:1,187 / 1,100DOM:81 / 68New:2Total:39
3 Beds
Avg:$209,461Median:$199,000Range:$34,000 – $450,000PSF:$120 / $112Sq Ft:1,784 / 1,700DOM:71 / 46New:1Total:36
4 Beds
Avg:$300,843Median:$268,000Range:$88,000 – $729,000PSF:$132 / $127Sq Ft:2,523 / 2,108DOM:69 / 34New:2Total:23
5 Beds
Avg:$244,557Median:$230,000Range:$125,000 – $379,900PSF:$123 / $132Sq Ft:2,328 / 2,400DOM:75 / 50New:1Total:7
6 Beds
Avg:$342,700Median:$340,000Range:$95,000 – $750,000PSF:$99 / $45Sq Ft:2,706 / 2,613DOM:53 / 27New:2Total:10
7 Beds
Avg:$386,333Median:$379,000Range:$365,000 – $415,000PSF:Sq Ft:DOM:158 / 98New:0Total:3
8 Beds
Avg:$299,000Median:$299,000Range:$299,000 – $299,000PSF:Sq Ft:DOM:10 / 10New:0Total:1

Rental Market Overview

Median Rent
$1,450
0.0%
Median DOM
101
+12.2%
New Listings
16
Inventory
456
+0.2%
  • Average Rent: $1,495
  • Median Rent: $1,450
  • Rent Range: $675 – $4,000
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,024 / 900
  • Square Footage Range: 302 – 9,870
  • Days on Market (Avg/Median): 122 / 101
  • Days on Market Range: 1 – 365
  • New Listings: 16
  • Total Listings: 456

Rentals by Property Type

Apartment
$1,400
Median DOM: 145
Inventory: 353
MoM: 0.0%
Condo
$1,500
Median DOM: 78
Inventory: 37
MoM: 0.0%
Single Family
$1,550
Median DOM: 37
Inventory: 62
MoM: 0.0%
Townhouse
$2,500
Median DOM: 233
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,455 / $1,400Range$675 – $2,500Rent per Sq Ft$2 / $2Sq Ft919 / 800DOM136 / 145New10Total353
Condo
Avg/Median Rent$1,547 / $1,500Range$925 – $2,250Rent per Sq Ft$2 / $1Sq Ft1,106 / 1,200DOM93 / 78New1Total37
Multi-Family
Avg/Median Rent$1,800 / $1,800Range$1,800 – $1,800Rent per Sq Ft$1 / $1Sq Ft1,800 / 1,800DOM57 / 57New0Total1
Single Family
Avg/Median Rent$1,655 / $1,550Range$900 – $4,000Rent per Sq Ft$1 / $1Sq Ft1,304 / 1,200DOM62 / 37New5Total62
Townhouse
Avg/Median Rent$2,150 / $2,500Range$1,400 – $2,550Rent per Sq Ft$1 / $1Sq Ft1,390 / 980DOM222 / 233New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,069Median:$1,025Range:$675 – $1,500PSF:$2 / $2Sq Ft:449 / 450DOM:170 / 184New:0Total:40
1 Beds
Avg:$1,166Median:$1,150Range:$800 – $1,750PSF:$2 / $2Sq Ft:699 / 669DOM:116 / 78New:4Total:102
2 Beds
Avg:$1,481Median:$1,500Range:$960 – $2,250PSF:$1 / $1Sq Ft:988 / 900DOM:119 / 98New:6Total:186
3 Beds
Avg:$1,827Median:$1,850Range:$1,100 – $2,550PSF:$1 / $1Sq Ft:1,512 / 1,288DOM:110 / 73New:5Total:101
4 Beds
Avg:$2,161Median:$2,280Range:$1,200 – $4,000PSF:$1 / $1Sq Ft:1,735 / 1,500DOM:147 / 194New:1Total:25
5 Beds
Avg:$2,950Median:$2,950Range:$2,950 – $2,950PSF:$1 / $1Sq Ft:2,016 / 2,016DOM:New:0Total:1
6 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:$1 / $1Sq Ft:2,100 / 2,100DOM:65 / 65New:0Total:1

6-Month Sales Trend

Dec 2025
Median Price:$150,000Median DOM:74New:33Total:201
Jan 2026
Median Price:$149,900Median DOM:64New:36Total:189
Feb 2026
Median Price:$140,000Median DOM:54New:31Total:161
Mar 2026
Median Price:$140,000Median DOM:53New:33Total:156
Apr 2026
Median Price:$145,000Median DOM:52New:42Total:155
May 2026
Median Price:$150,000Median DOM:58New:8Total:149

6-Month Rental Trend

Dec 2025
Median Rent:$1,400Median DOM:61New:55Total:376
Jan 2026
Median Rent:$1,400Median DOM:89New:84Total:419
Feb 2026
Median Rent:$1,400Median DOM:70New:100Total:473
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:101New:16Total:456

Key Market Takeaways

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