ZIP 60649 Housing Market Report

Chicago Metro

Report period: March 2026

60649 Monthly Market Update – March 2026

ZIP 60649 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$139,000
−0.7%
Median DOM (Sales)
47
−13.0%
New Listings (Sales)
13
−58.1%
Median Rent
$1,400
0.0%
Median DOM (Rental)
66
−5.7%
Total Rental Listings
477
+0.8%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Condo (42 DOM)
  • Fastest renting: Condo (33 DOM)
  • Strongest bedroom: 8 Beds ($515,000 median)

Sales Market Overview

Median Price
$139,000
−0.7%
Median DOM
47
−13.0%
New Listings
13
−58.1%
Inventory
156
−3.1%
  • Average Price: $195,754
  • Median Price: $139,000
  • Price Range: $9,990 – $1,500,000
  • Price per Sq Ft (Avg/Median): $114 / $109
  • Square Footage (Avg/Median): 1,623 / 1,350
  • Square Footage Range: 400 – 4,000
  • Days on Market (Avg/Median): 83 / 47
  • Days on Market Range: 1 – 337
  • New Listings: 13
  • Total Listings: 156

Sales by Property Type

Condo
Avg/Median Price$114,418 / $110,000Range$30,000 – $238,900Price per Sq Ft$103 / $93Sq Ft1,154 / 1,000DOM76 / 42New8Total71
Land
Avg/Median Price$181,479 / $22,000Range$9,990 – $1,500,000Price per Sq FtSq FtDOM107 / 69New0Total10
Multi-Family
Avg/Median Price$302,371 / $325,000Range$95,000 – $650,000Price per Sq Ft$104 / $93Sq Ft2,638 / 2,800DOM92 / 74New0Total21
Single Family
Avg/Median Price$273,069 / $259,900Range$57,900 – $735,000Price per Sq Ft$129 / $123Sq Ft2,143 / 2,000DOM80 / 43New5Total51
Townhouse
Avg/Median Price$107,633 / $139,000Range$34,000 – $149,900Price per Sq Ft$98 / $107Sq Ft1,328 / 1,296DOM147 / 164New0Total3

Sales by Bedroom Count

Studio
Avg:$89,130Median:$105,000Range:$50,000 – $123,000PSF:$153 / $140Sq Ft:638 / 600DOM:55 / 26New:2Total:5
1 Beds
Avg:$84,855Median:$69,500Range:$50,000 – $135,000PSF:$91 / $83Sq Ft:918 / 800DOM:91 / 47New:1Total:20
2 Beds
Avg:$127,000Median:$120,000Range:$30,000 – $380,000PSF:$103 / $96Sq Ft:1,203 / 1,100DOM:67 / 40New:5Total:41
3 Beds
Avg:$215,670Median:$190,000Range:$34,000 – $450,000PSF:$121 / $114Sq Ft:1,817 / 1,700DOM:83 / 47New:4Total:33
4 Beds
Avg:$290,300Median:$238,900Range:$90,000 – $735,000PSF:$132 / $122Sq Ft:2,357 / 2,200DOM:104 / 34New:1Total:27
5 Beds
Avg:$297,862Median:$315,000Range:$135,000 – $394,999PSF:$125 / $120Sq Ft:2,571 / 2,400DOM:62 / 40New:0Total:8
6 Beds
Avg:$268,571Median:$325,000Range:$95,000 – $485,000PSF:$54 / $41Sq Ft:2,756 / 2,711DOM:61 / 34New:0Total:7
7 Beds
Avg:$330,000Median:$395,000Range:$175,000 – $420,000PSF:Sq Ft:DOM:138 / 98New:0Total:3
8 Beds
Avg:$582,500Median:$515,000Range:$515,000 – $650,000PSF:$177 / $177Sq Ft:2,905 / 2,905DOM:64 / 53New:0Total:2

Rental Market Overview

Median Rent
$1,400
0.0%
Median DOM
66
−5.7%
New Listings
29
Inventory
477
+0.8%
  • Average Rent: $1,480
  • Median Rent: $1,400
  • Rent Range: $610 – $2,950
  • Rent per Sq Ft (Avg/Median): $2 / $1
  • Square Footage (Avg/Median): 1,013 / 900
  • Square Footage Range: 302 – 9,870
  • Days on Market (Avg/Median): 88 / 66
  • Days on Market Range: 2 – 356
  • New Listings: 29
  • Total Listings: 477

Rentals by Property Type

Apartment
$1,400
Median DOM: 85
Inventory: 368
MoM: 0.0%
Condo
$1,500
Median DOM: 33
Inventory: 41
MoM: 0.0%
Single Family
$1,600
Median DOM: 39
Inventory: 65
MoM: 0.0%
Townhouse
$2,500
Median DOM: 150
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$1,444 / $1,400Range$610 – $2,500Rent per Sq Ft$2 / $2Sq Ft923 / 800DOM96 / 85New18Total368
Condo
Avg/Median Rent$1,505 / $1,500Range$925 – $2,200Rent per Sq Ft$2 / $2Sq Ft1,035 / 1,000DOM63 / 33New1Total41
Single Family
Avg/Median Rent$1,639 / $1,600Range$800 – $2,950Rent per Sq Ft$1 / $1Sq Ft1,268 / 1,288DOM52 / 39New10Total65
Townhouse
Avg/Median Rent$2,217 / $2,500Range$1,400 – $2,750Rent per Sq Ft$1 / $1Sq Ft1,390 / 980DOM181 / 150New0Total3

Rentals by Bedroom Count

Studio
Avg:$1,004Median:$925Range:$610 – $1,350PSF:$2 / $2Sq Ft:466 / 450DOM:125 / 129New:3Total:38
1 Beds
Avg:$1,195Median:$1,250Range:$800 – $1,750PSF:$2 / $2Sq Ft:679 / 665DOM:86 / 61New:4Total:123
2 Beds
Avg:$1,467Median:$1,400Range:$960 – $2,200PSF:$1 / $1Sq Ft:998 / 900DOM:81 / 61New:7Total:183
3 Beds
Avg:$1,840Median:$1,800Range:$1,300 – $2,750PSF:$1 / $1Sq Ft:1,490 / 1,300DOM:86 / 52New:14Total:108
4 Beds
Avg:$2,126Median:$2,280Range:$1,200 – $2,950PSF:$1 / $1Sq Ft:1,634 / 1,500DOM:102 / 132New:0Total:23
5 Beds
Avg:$1,950Median:$1,950Range:$1,950 – $1,950PSF:$1 / $1Sq Ft:1,800 / 1,800DOM:New:0Total:1
6 Beds
Avg:$2,900Median:$2,900Range:$2,900 – $2,900PSF:$1 / $1Sq Ft:2,100 / 2,100DOM:3 / 3New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$164,000Median DOM:63New:46Total:233
Nov 2025
Median Price:$159,000Median DOM:70New:26Total:218
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:$139,000Median DOM:47New:13Total:156

6-Month Rental Trend

Oct 2025
Median Rent:$1,450Median DOM:57New:70Total:370
Nov 2025
Median Rent:$1,455Median DOM:35New:123Total:400
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:$1,400Median DOM:66New:29Total:477

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving 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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