ZIP 60651 Housing Market Report

Chicago Metro

Report period: March 2026

60651 Monthly Market Update – March 2026

ZIP 60651 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$395,000
0.0%
Median DOM (Sales)
31
−18.4%
New Listings (Sales)
12
−61.3%
Median Rent
$1,595
−0.3%
Median DOM (Rental)
36
−7.7%
Total Rental Listings
188
+9.3%

Month-over-Month Movement

Median sale prices were flat. Days on market improved. Rents softened. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Townhouse (2 DOM)
  • Fastest renting: Condo (16 DOM)
  • Strongest bedroom: 8 Beds ($590,000 median)

Sales Market Overview

Median Price
$395,000
0.0%
Median DOM
31
−18.4%
New Listings
12
−61.3%
Inventory
142
−6.0%
  • Average Price: $391,699
  • Median Price: $395,000
  • Price Range: $45,000 – $1,375,000
  • Price per Sq Ft (Avg/Median): $221 / $205
  • Square Footage (Avg/Median): 1,946 / 1,637
  • Square Footage Range: 713 – 4,920
  • Days on Market (Avg/Median): 58 / 31
  • Days on Market Range: 2 – 325
  • New Listings: 12
  • Total Listings: 142

Sales by Property Type

Condo
Avg/Median Price$377,475 / $369,000Range$119,000 – $599,000Price per Sq Ft$266 / $241Sq Ft1,287 / 1,100DOM84 / 76New2Total12
Land
Avg/Median Price$177,621 / $100,000Range$45,000 – $1,375,000Price per Sq FtSq FtDOM79 / 31New3Total19
Multi-Family
Avg/Median Price$466,969 / $464,900Range$150,000 – $749,900Price per Sq Ft$188 / $196Sq Ft3,031 / 3,300DOM53 / 31New2Total49
Single Family
Avg/Median Price$402,233 / $374,900Range$65,000 – $949,500Price per Sq Ft$215 / $199Sq Ft1,977 / 1,700DOM53 / 25New4Total61
Townhouse
Avg/Median Price$299,000 / $299,000Range$299,000 – $299,000Price per Sq Ft$220 / $220Sq Ft1,360 / 1,360DOM2 / 2New1Total1

Sales by Bedroom Count

1 Beds
Avg:$498,000Median:$498,000Range:$498,000 – $498,000PSF:$195 / $195Sq Ft:2,550 / 2,550DOM:98 / 98New:0Total:1
2 Beds
Avg:$206,544Median:$159,000Range:$119,000 – $369,000PSF:$176 / $150Sq Ft:1,444 / 1,036DOM:79 / 28New:0Total:9
3 Beds
Avg:$424,001Median:$369,900Range:$65,000 – $949,500PSF:$244 / $247Sq Ft:1,774 / 1,462DOM:47 / 38New:5Total:47
4 Beds
Avg:$391,792Median:$400,000Range:$174,700 – $679,000PSF:$217 / $197Sq Ft:1,969 / 1,950DOM:56 / 17New:3Total:25
5 Beds
Avg:$451,750Median:$449,800Range:$219,950 – $749,900PSF:$166 / $196Sq Ft:2,507 / 2,710DOM:60 / 39New:0Total:15
6 Beds
Avg:$510,900Median:$539,999Range:$274,900 – $735,000PSF:$159 / $180Sq Ft:3,840 / 3,300DOM:81 / 72New:1Total:12
7 Beds
Avg:$451,243Median:$440,000Range:$400,000 – $539,000PSF:Sq Ft:DOM:41 / 20New:0Total:7
8 Beds
Avg:$585,843Median:$590,000Range:$510,000 – $640,000PSF:$160 / $160Sq Ft:3,600 / 3,600DOM:43 / 30New:0Total:7

Rental Market Overview

Median Rent
$1,595
−0.3%
Median DOM
36
−7.7%
New Listings
28
Inventory
188
+9.3%
  • Average Rent: $1,752
  • Median Rent: $1,595
  • Rent Range: $800 – $5,500
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 997 / 901
  • Square Footage Range: 450 – 3,100
  • Days on Market (Avg/Median): 59 / 36
  • Days on Market Range: 2 – 346
  • New Listings: 28
  • Total Listings: 188

Rentals by Property Type

Apartment
$1,550
Median DOM: 36
Inventory: 131
MoM: −0.3%
Condo
$1,795
Median DOM: 16
Inventory: 16
MoM: −0.3%
Single Family
$1,800
Median DOM: 38
Inventory: 41
MoM: −0.3%
Townhouse
Median DOM:
Inventory:
MoM: −0.3%
Apartment
Avg/Median Rent$1,654 / $1,550Range$800 – $4,070Rent per Sq Ft$2 / $2Sq Ft895 / 900DOM60 / 36New19Total131
Condo
Avg/Median Rent$1,999 / $1,795Range$1,200 – $4,195Rent per Sq Ft$2 / $2Sq Ft1,225 / 1,000DOM34 / 16New3Total16
Single Family
Avg/Median Rent$1,969 / $1,800Range$1,000 – $5,500Rent per Sq Ft$2 / $2Sq Ft1,237 / 1,180DOM64 / 38New6Total41

Rentals by Bedroom Count

Studio
Avg:$1,039Median:$1,000Range:$800 – $1,200PSF:$1 / $1Sq Ft:892 / 600DOM:77 / 55New:0Total:5
1 Beds
Avg:$1,371Median:$1,395Range:$1,105 – $1,795PSF:$2 / $2Sq Ft:758 / 732DOM:57 / 21New:4Total:36
2 Beds
Avg:$1,631Median:$1,550Range:$1,200 – $4,070PSF:$2 / $2Sq Ft:911 / 900DOM:65 / 38New:15Total:93
3 Beds
Avg:$2,244Median:$2,100Range:$1,400 – $5,500PSF:$2 / $2Sq Ft:1,297 / 1,200DOM:51 / 36New:9Total:47
4 Beds
Avg:$2,339Median:$2,200Range:$1,700 – $3,000PSF:$2 / $2Sq Ft:1,559 / 1,306DOM:32 / 37New:0Total:5
5 Beds
Avg:$4,195Median:$4,195Range:$4,195 – $4,195PSF:$2 / $2Sq Ft:2,000 / 2,000DOM:24 / 24New:0Total:1
6 Beds
Avg:$1,800Median:$1,800Range:$1,800 – $1,800PSF:$2 / $2Sq Ft:1,150 / 1,150DOM:11 / 11New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$379,000Median DOM:44New:58Total:201
Nov 2025
Median Price:$395,000Median DOM:51New:39Total:194
Dec 2025
Median Price:$399,900Median DOM:56New:36Total:180
Jan 2026
Median Price:$399,000Median DOM:55New:33Total:184
Feb 2026
Median Price:$395,000Median DOM:38New:31Total:151
Mar 2026
Median Price:$395,000Median DOM:31New:12Total:142

6-Month Rental Trend

Oct 2025
Median Rent:$1,550Median DOM:32New:52Total:190
Nov 2025
Median Rent:$1,550Median DOM:32New:45Total:172
Dec 2025
Median Rent:$1,550Median DOM:43New:32Total:168
Jan 2026
Median Rent:$1,550Median DOM:43New:42Total:169
Feb 2026
Median Rent:$1,600Median DOM:39New:38Total:172
Mar 2026
Median Rent:$1,595Median DOM:36New:28Total:188

Key Market Takeaways

Median sale prices held steady this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing eased, 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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