ZIP 60651 Housing Market Report
Chicago Metro
Report period: August 2026
60651 Monthly Market Update – August 2026
ZIP 60651 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$399,900
−4.6%
Median DOM (Sales)
13
−13.3%
New Listings (Sales)
33
−31.3%
Median Rent
$1,750
0.0%
Median DOM (Rental)
28
+16.7%
Total Rental Listings
163
+5.8%
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 (1 DOM)
- Fastest renting: Multi-Family (17 DOM)
- Strongest bedroom: 7 Beds ($615,000 median)
Sales Market Overview
Median Price
$399,900
−4.6%
Median DOM
13
−13.3%
New Listings
33
−31.3%
Inventory
119
−0.8%
- Average Price: $394,578
- Median Price: $399,900
- Price Range: $45,000 – $1,350,000
- Price per Sq Ft (Avg/Median): $247 / $208
- Square Footage (Avg/Median): 1,835 / 1,612
- Square Footage Range: 713 – 4,467
- Days on Market (Avg/Median): 37 / 13
- Days on Market Range: 1 – 290
- New Listings: 33
- Total Listings: 119
Sales by Property Type
Condo
Avg/Median Price$389,633 / $424,900Range$119,000 – $625,000Price per Sq Ft$325 / $417Sq Ft1,133 / 1,000DOM1 / 1New2Total3
Land
Avg/Median Price$162,538 / $77,000Range$45,000 – $1,350,000Price per Sq Ft—Sq Ft—DOM94 / 47New2Total16
Multi-Family
Avg/Median Price$475,231 / $480,000Range$148,000 – $949,000Price per Sq Ft$204 / $197Sq Ft2,628 / 2,300DOM35 / 13New11Total50
Single Family
Avg/Median Price$388,475 / $350,000Range$154,900 – $799,000Price per Sq Ft$246 / $210Sq Ft1,813 / 1,730DOM24 / 6New18Total50
Sales by Bedroom Count
2 Beds
Avg:$250,600Median:$250,000Range:$119,000 – $350,000PSF:$270 / $307Sq Ft:937 / 900DOM:34 / 1New:1Total:5
3 Beds
Avg:$408,277Median:$419,000Range:$199,900 – $675,000PSF:$256 / $210Sq Ft:1,869 / 1,500DOM:10 / 1New:14Total:22
4 Beds
Avg:$388,162Median:$369,000Range:$148,000 – $799,000PSF:$248 / $203Sq Ft:1,764 / 1,752DOM:30 / 15New:7Total:33
5 Beds
Avg:$399,637Median:$410,000Range:$209,950 – $499,999PSF:$206 / $205Sq Ft:1,663 / 1,612DOM:39 / 5New:3Total:12
6 Beds
Avg:$493,331Median:$485,000Range:$274,900 – $679,900PSF:$169 / $197Sq Ft:3,626 / 3,300DOM:43 / 22New:3Total:19
7 Beds
Avg:$617,580Median:$615,000Range:$599,000 – $649,900PSF:$283 / $283Sq Ft:2,300 / 2,300DOM:18 / 7New:1Total:5
8 Beds
Avg:$578,986Median:$549,000Range:$350,000 – $949,000PSF:—Sq Ft:—DOM:29 / 21New:2Total:7
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 2 Beds | $250,600 | $250,000 | $119,000 – $350,000 | $270 / $307 | 937 / 900 | 34 / 1 | 1 | 5 |
| 3 Beds | $408,277 | $419,000 | $199,900 – $675,000 | $256 / $210 | 1,869 / 1,500 | 10 / 1 | 14 | 22 |
| 4 Beds | $388,162 | $369,000 | $148,000 – $799,000 | $248 / $203 | 1,764 / 1,752 | 30 / 15 | 7 | 33 |
| 5 Beds | $399,637 | $410,000 | $209,950 – $499,999 | $206 / $205 | 1,663 / 1,612 | 39 / 5 | 3 | 12 |
| 6 Beds | $493,331 | $485,000 | $274,900 – $679,900 | $169 / $197 | 3,626 / 3,300 | 43 / 22 | 3 | 19 |
| 7 Beds | $617,580 | $615,000 | $599,000 – $649,900 | $283 / $283 | 2,300 / 2,300 | 18 / 7 | 1 | 5 |
| 8 Beds | $578,986 | $549,000 | $350,000 – $949,000 | — | — | 29 / 21 | 2 | 7 |
Rental Market Overview
Median Rent
$1,750
0.0%
Median DOM
28
+16.7%
New Listings
11
Inventory
163
+5.8%
- Average Rent: $1,798
- Median Rent: $1,750
- Rent Range: $700 – $3,770
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 951 / 900
- Square Footage Range: 381 – 2,200
- Days on Market (Avg/Median): 58 / 28
- Days on Market Range: 1 – 355
- New Listings: 11
- Total Listings: 163
Rentals by Property Type
Apartment
$1,750
Median DOM: 28
Inventory: 133
MoM: 0.0%
Condo
$1,895
Median DOM: 32
Inventory: 8
MoM: 0.0%
Single Family
$1,650
Median DOM: 17
Inventory: 19
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,798 / $1,750Range$700 – $3,770Rent per Sq Ft$2 / $2Sq Ft943 / 900DOM62 / 28New9Total133
Condo
Avg/Median Rent$2,021 / $1,895Range$1,695 – $2,500Rent per Sq Ft$2 / $2Sq Ft909 / 819DOM68 / 32New1Total8
Multi-Family
Avg/Median Rent$1,865 / $1,950Range$1,495 – $2,150Rent per Sq Ft$1 / $1Sq Ft1,600 / 1,000DOM29 / 17New0Total3
Single Family
Avg/Median Rent$1,697 / $1,650Range$1,200 – $2,450Rent per Sq Ft$2 / $2Sq Ft932 / 936DOM40 / 17New1Total19
Rentals by Bedroom Count
Studio
Avg:$1,305Median:$1,295Range:$1,100 – $1,500PSF:$3 / $3Sq Ft:561 / 381DOM:21 / 17New:2Total:13
1 Beds
Avg:$1,387Median:$1,350Range:$700 – $1,895PSF:$2 / $2Sq Ft:725 / 725DOM:29 / 25New:2Total:19
2 Beds
Avg:$1,711Median:$1,700Range:$1,150 – $3,770PSF:$2 / $2Sq Ft:913 / 900DOM:68 / 29New:4Total:92
3 Beds
Avg:$2,306Median:$2,200Range:$1,400 – $3,595PSF:$2 / $2Sq Ft:1,255 / 1,250DOM:60 / 29New:3Total:33
4 Beds
Avg:$2,705Median:$2,850Range:$2,000 – $2,895PSF:$2 / $2Sq Ft:1,467 / 1,278DOM:32 / 20New:0Total:6
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,305 | $1,295 | $1,100 – $1,500 | $3 / $3 | 561 / 381 | 21 / 17 | 2 | 13 |
| 1 Beds | $1,387 | $1,350 | $700 – $1,895 | $2 / $2 | 725 / 725 | 29 / 25 | 2 | 19 |
| 2 Beds | $1,711 | $1,700 | $1,150 – $3,770 | $2 / $2 | 913 / 900 | 68 / 29 | 4 | 92 |
| 3 Beds | $2,306 | $2,200 | $1,400 – $3,595 | $2 / $2 | 1,255 / 1,250 | 60 / 29 | 3 | 33 |
| 4 Beds | $2,705 | $2,850 | $2,000 – $2,895 | $2 / $2 | 1,467 / 1,278 | 32 / 20 | 0 | 6 |
6-Month Sales Trend
Mar 2026
Median Price:$390,000Median DOM:28New:36Total:133
Apr 2026
Median Price:$389,000Median DOM:23New:43Total:132
May 2026
Median Price:$380,000Median DOM:26New:34Total:126
Jun 2026
Median Price:$399,900Median DOM:19New:42Total:120
Jul 2026
Median Price:$419,000Median DOM:15New:48Total:120
Aug 2026
Median Price:$399,900Median DOM:13New:33Total:119
6-Month Rental Trend
Mar 2026
Median Rent:$1,600Median DOM:36New:54Total:189
Apr 2026
Median Rent:$1,650Median DOM:30New:46Total:201
May 2026
Median Rent:$1,700Median DOM:33New:22Total:169
Jun 2026
Median Rent:$1,700Median DOM:31New:33Total:159
Jul 2026
Median Rent:$1,750Median DOM:24New:53Total:154
Aug 2026
Median Rent:$1,750Median DOM:28New:11Total:163
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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