ZIP 60651 Housing Market Report

Chicago Metro

Report period: July 2026

60651 Monthly Market Update – July 2026

ZIP 60651 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$419,000
+4.8%
Median DOM (Sales)
16
−15.8%
New Listings (Sales)
22
−47.6%
Median Rent
$1,695
−0.3%
Median DOM (Rental)
29
−6.5%
Total Rental Listings
149
−6.3%

Month-over-Month Movement

Median sale prices moved higher. Days on market improved. Rents softened. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Condo (1 DOM)
  • Fastest renting: Multi-Family (10 DOM)
  • Strongest bedroom: 8 Beds ($549,000 median)

Sales Market Overview

Median Price
$419,000
+4.8%
Median DOM
16
−15.8%
New Listings
22
−47.6%
Inventory
116
−3.3%
  • Average Price: $409,615
  • Median Price: $419,000
  • Price Range: $49,000 – $1,375,000
  • Price per Sq Ft (Avg/Median): $244 / $217
  • Square Footage (Avg/Median): 1,883 / 1,752
  • Square Footage Range: 713 – 4,500
  • Days on Market (Avg/Median): 39 / 16
  • Days on Market Range: 1 – 271
  • New Listings: 22
  • Total Listings: 116

Sales by Property Type

Condo
Avg/Median Price$362,333 / $225,000Range$119,000 – $625,000Price per Sq Ft$322 / $225Sq Ft1,117 / 1,000DOM37 / 1New2Total6
Land
Avg/Median Price$174,829 / $75,000Range$49,000 – $1,375,000Price per Sq FtSq FtDOM85 / 69New3Total14
Multi-Family
Avg/Median Price$467,553 / $479,000Range$148,000 – $720,000Price per Sq Ft$205 / $206Sq Ft2,662 / 2,600DOM32 / 10New12Total50
Single Family
Avg/Median Price$424,263 / $390,000Range$179,900 – $950,000Price per Sq Ft$238 / $217Sq Ft1,899 / 1,776DOM35 / 17New5Total46

Sales by Bedroom Count

2 Beds
Avg:$382,714Median:$315,000Range:$119,000 – $745,000PSF:$228 / $206Sq Ft:1,875 / 1,128DOM:58 / 9New:0Total:7
3 Beds
Avg:$435,818Median:$419,000Range:$199,900 – $699,000PSF:$263 / $213Sq Ft:1,908 / 1,500DOM:27 / 16New:2Total:22
4 Beds
Avg:$396,926Median:$398,000Range:$148,000 – $679,000PSF:$241 / $219Sq Ft:1,748 / 1,752DOM:33 / 13New:6Total:27
5 Beds
Avg:$429,034Median:$430,000Range:$209,950 – $950,000PSF:$198 / $205Sq Ft:1,827 / 1,800DOM:38 / 10New:4Total:16
6 Beds
Avg:$478,962Median:$470,000Range:$274,900 – $679,900PSF:$232 / $206Sq Ft:2,368 / 1,436DOM:38 / 10New:5Total:16
7 Beds
Avg:$545,375Median:$499,000Range:$380,000 – $675,000PSF:$243 / $192Sq Ft:2,450 / 2,300DOM:11 / 6New:1Total:8
8 Beds
Avg:$532,133Median:$549,000Range:$350,000 – $639,000PSF:Sq Ft:DOM:39 / 17New:1Total:6

Rental Market Overview

Median Rent
$1,695
−0.3%
Median DOM
29
−6.5%
New Listings
23
Inventory
149
−6.3%
  • Average Rent: $1,820
  • Median Rent: $1,695
  • Rent Range: $800 – $4,400
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 966 / 900
  • Square Footage Range: 381 – 2,300
  • Days on Market (Avg/Median): 60 / 29
  • Days on Market Range: 1 – 306
  • New Listings: 23
  • Total Listings: 149

Rentals by Property Type

Apartment
$1,695
Median DOM: 32
Inventory: 106
MoM: −0.3%
Condo
$1,995
Median DOM: 31
Inventory: 12
MoM: −0.3%
Single Family
$1,695
Median DOM: 17
Inventory: 28
MoM: −0.3%
Townhouse
Median DOM:
Inventory:
MoM: −0.3%
Apartment
Avg/Median Rent$1,772 / $1,695Range$800 – $3,770Rent per Sq Ft$2 / $2Sq Ft915 / 819DOM71 / 32New15Total106
Condo
Avg/Median Rent$2,151 / $1,995Range$1,200 – $3,000Rent per Sq Ft$2 / $2Sq Ft950 / 919DOM56 / 31New1Total12
Multi-Family
Avg/Median Rent$1,898 / $1,950Range$1,495 – $2,250Rent per Sq Ft$1 / $1Sq Ft1,600 / 1,000DOM14 / 10New1Total3
Single Family
Avg/Median Rent$1,849 / $1,695Range$1,200 – $4,400Rent per Sq Ft$2 / $2Sq Ft1,078 / 955DOM33 / 17New6Total28

Rentals by Bedroom Count

Studio
Avg:$1,280Median:$1,350Range:$800 – $1,500PSF:$2 / $2Sq Ft:608 / 516DOM:43 / 29New:0Total:8
1 Beds
Avg:$1,384Median:$1,350Range:$1,050 – $1,895PSF:$2 / $2Sq Ft:760 / 750DOM:35 / 23New:4Total:20
2 Beds
Avg:$1,699Median:$1,695Range:$1,200 – $3,770PSF:$2 / $2Sq Ft:924 / 900DOM:69 / 28New:17Total:85
3 Beds
Avg:$2,306Median:$2,500Range:$1,320 – $3,000PSF:$2 / $2Sq Ft:1,323 / 1,300DOM:68 / 39New:2Total:29
4 Beds
Avg:$3,164Median:$2,995Range:$2,750 – $4,400PSF:$2 / $2Sq Ft:1,527 / 1,278DOM:25 / 20New:0Total:6
5 Beds
Avg:$3,000Median:$3,000Range:$3,000 – $3,000PSF:Sq Ft:DOM:43 / 43New:0Total:1

6-Month Sales Trend

Feb 2026
Median Price:$395,000Median DOM:38New:31Total:151
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:16New:22Total:116

6-Month Rental Trend

Feb 2026
Median Rent:$1,600Median DOM:39New:38Total:172
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:$1,695Median DOM:29New:23Total:149

Key Market Takeaways

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