ZIP 60654 Housing Market Report

Chicago Metro

Report period: May 2026

60654 Monthly Market Update – May 2026

ZIP 60654 · Last updated May 13, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$440,000
0.0%
Median DOM (Sales)
22
+4.8%
New Listings (Sales)
28
−68.9%
Median Rent
$2,940
−1.1%
Median DOM (Rental)
30
−3.2%
Total Rental Listings
1,132
+3.8%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Condo (18 DOM)
  • Fastest renting: Single Family (12 DOM)
  • Strongest bedroom: 6 Beds ($3,750,000 median)

Sales Market Overview

Median Price
$440,000
0.0%
Median DOM
22
+4.8%
New Listings
28
−68.9%
Inventory
237
+1.3%
  • Average Price: $574,036
  • Median Price: $440,000
  • Price Range: $5,000 – $8,350,000
  • Price per Sq Ft (Avg/Median): $428 / $396
  • Square Footage (Avg/Median): 1,469 / 1,221
  • Square Footage Range: 500 – 9,000
  • Days on Market (Avg/Median): 45 / 22
  • Days on Market Range: 2 – 350
  • New Listings: 28
  • Total Listings: 237

Sales by Property Type

Condo
Avg/Median Price$614,669 / $450,000Range$210,000 – $8,350,000Price per Sq Ft$429 / $396Sq Ft1,381 / 1,200DOM35 / 18New26Total207
Land
Avg/Median Price$23,502 / $24,900Range$5,000 – $50,000Price per Sq FtSq FtDOM141 / 145New2Total26
Single Family
Avg/Median Price$3,750,000 / $3,750,000Range$3,750,000 – $3,750,000Price per Sq Ft$417 / $417Sq Ft9,000 / 9,000DOM112 / 112New0Total1
Townhouse
Avg/Median Price$1,483,000 / $1,599,000Range$1,250,000 – $1,600,000Price per Sq Ft$391 / $391Sq Ft3,875 / 3,500DOM43 / 35New0Total3

Sales by Bedroom Count

Studio
Avg:$257,870Median:$225,000Range:$210,000 – $545,000PSF:$393 / $429Sq Ft:817 / 534DOM:73 / 41New:0Total:10
1 Beds
Avg:$320,634Median:$320,000Range:$235,000 – $425,000PSF:$392 / $386Sq Ft:828 / 850DOM:32 / 22New:6Total:58
2 Beds
Avg:$535,797Median:$499,900Range:$362,900 – $1,350,000PSF:$402 / $388Sq Ft:1,327 / 1,265DOM:25 / 13New:18Total:107
3 Beds
Avg:$1,313,897Median:$1,139,000Range:$699,000 – $2,590,000PSF:$551 / $468Sq Ft:2,520 / 2,396DOM:67 / 34New:1Total:31
4 Beds
Avg:$3,616,667Median:$1,600,000Range:$900,000 – $8,350,000PSF:$680 / $344Sq Ft:4,543 / 4,924DOM:55 / 65New:1Total:3
5 Beds
Avg:$1,599,000Median:$1,599,000Range:$1,599,000 – $1,599,000PSF:$457 / $457Sq Ft:3,500 / 3,500DOM:35 / 35New:0Total:1
6 Beds
Avg:$3,750,000Median:$3,750,000Range:$3,750,000 – $3,750,000PSF:$417 / $417Sq Ft:9,000 / 9,000DOM:112 / 112New:0Total:1

Rental Market Overview

Median Rent
$2,940
−1.1%
Median DOM
30
−3.2%
New Listings
97
Inventory
1,132
+3.8%
  • Average Rent: $3,255
  • Median Rent: $2,940
  • Rent Range: $1,500 – $9,750
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 811 / 730
  • Square Footage Range: 333 – 3,100
  • Days on Market (Avg/Median): 71 / 30
  • Days on Market Range: 1 – 361
  • New Listings: 97
  • Total Listings: 1,132

Rentals by Property Type

Apartment
$2,938
Median DOM: 34
Inventory: 938
MoM: −1.1%
Condo
$2,900
Median DOM: 17
Inventory: 178
MoM: −1.1%
Single Family
$3,400
Median DOM: 12
Inventory: 16
MoM: −1.1%
Townhouse
Median DOM:
Inventory:
MoM: −1.1%
Apartment
Avg/Median Rent$3,249 / $2,938Range$1,500 – $9,750Rent per Sq Ft$4 / $4Sq Ft776 / 721DOM76 / 34New71Total938
Condo
Avg/Median Rent$3,247 / $2,900Range$1,850 – $8,400Rent per Sq Ft$3 / $3Sq Ft1,000 / 850DOM49 / 17New25Total178
Single Family
Avg/Median Rent$3,717 / $3,400Range$2,050 – $6,500Rent per Sq Ft$4 / $3Sq Ft1,094 / 1,070DOM19 / 12New1Total16

Rentals by Bedroom Count

Studio
Avg:$2,357Median:$2,331Range:$1,608 – $3,225PSF:$5 / $4Sq Ft:536 / 516DOM:68 / 33New:21Total:279
1 Beds
Avg:$2,945Median:$2,890Range:$1,500 – $5,357PSF:$4 / $4Sq Ft:749 / 743DOM:64 / 27New:54Total:544
2 Beds
Avg:$4,361Median:$4,286Range:$2,950 – $9,000PSF:$4 / $4Sq Ft:1,176 / 1,164DOM:82 / 32New:20Total:270
3 Beds
Avg:$6,215Median:$6,071Range:$4,100 – $9,510PSF:$4 / $4Sq Ft:1,815 / 1,630DOM:106 / 34New:2Total:37
4 Beds
Avg:$8,874Median:$7,999Range:$7,999 – $9,750PSF:$3 / $3Sq Ft:2,858 / 2,617DOM:36 / 6New:0Total:2

6-Month Sales Trend

Dec 2025
Median Price:$417,900Median DOM:61New:28Total:206
Jan 2026
Median Price:$417,900Median DOM:43New:66Total:205
Feb 2026
Median Price:$429,999Median DOM:24New:59Total:186
Mar 2026
Median Price:$425,000Median DOM:26New:63Total:201
Apr 2026
Median Price:$440,000Median DOM:21New:90Total:234
May 2026
Median Price:$440,000Median DOM:22New:28Total:237

6-Month Rental Trend

Dec 2025
Median Rent:$2,950Median DOM:74New:76Total:553
Jan 2026
Median Rent:$3,000Median DOM:61New:74Total:532
Feb 2026
Median Rent:$3,073Median DOM:23New:198Total:715
Mar 2026
Median Rent:$2,985Median DOM:27New:239Total:911
Apr 2026
Median Rent:$2,972Median DOM:31New:203Total:1,091
May 2026
Median Rent:$2,940Median DOM:30New:97Total:1,132

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. Days on market lengthened, signaling slower 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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