ZIP 60656 Housing Market Report
Chicago Metro
Report period: May 2026
60656 Monthly Market Update – May 2026
ZIP 60656 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$415,000
+3.8%
Median DOM (Sales)
12
+33.3%
New Listings (Sales)
10
−64.3%
Median Rent
$1,850
0.0%
Median DOM (Rental)
41
−8.9%
Total Rental Listings
41
−12.8%
Month-over-Month Movement
Median sale prices moved higher. Days on market lengthened. Rents were stable. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (5 DOM)
- Fastest renting: Condo (14 DOM)
- Strongest bedroom: 5 Beds ($750,000 median)
Sales Market Overview
Median Price
$415,000
+3.8%
Median DOM
12
+33.3%
New Listings
10
−64.3%
Inventory
73
+7.4%
- Average Price: $426,086
- Median Price: $415,000
- Price Range: $120,000 – $1,299,000
- Price per Sq Ft (Avg/Median): $297 / $279
- Square Footage (Avg/Median): 1,465 / 1,220
- Square Footage Range: 500 – 4,500
- Days on Market (Avg/Median): 27 / 12
- Days on Market Range: 3 – 272
- New Listings: 10
- Total Listings: 73
Sales by Property Type
Condo
Avg/Median Price$242,268 / $229,000Range$120,000 – $610,000Price per Sq Ft$226 / $219Sq Ft1,065 / 1,000DOM36 / 17New2Total28
Land
Avg/Median Price$749,000 / $749,000Range$749,000 – $749,000Price per Sq Ft—Sq Ft—DOM243 / 243New0Total1
Single Family
Avg/Median Price$540,065 / $489,900Range$359,900 – $1,299,000Price per Sq Ft$340 / $344Sq Ft1,713 / 1,425DOM16 / 8New7Total43
Townhouse
Avg/Median Price$349,000 / $349,000Range$349,000 – $349,000Price per Sq Ft$291 / $291Sq Ft1,200 / 1,200DOM5 / 5New1Total1
Sales by Bedroom Count
Studio
Avg:$120,000Median:$120,000Range:$120,000 – $120,000PSF:$240 / $240Sq Ft:500 / 500DOM:11 / 11New:0Total:1
1 Beds
Avg:$157,380Median:$165,000Range:$127,000 – $199,999PSF:$174 / $153Sq Ft:888 / 850DOM:40 / 38New:0Total:5
2 Beds
Avg:$307,268Median:$255,000Range:$199,000 – $559,900PSF:$269 / $249Sq Ft:1,159 / 1,100DOM:20 / 10New:4Total:31
3 Beds
Avg:$515,570Median:$499,000Range:$349,000 – $699,000PSF:$351 / $377Sq Ft:1,548 / 1,352DOM:21 / 8New:4Total:27
4 Beds
Avg:$698,740Median:$529,000Range:$489,900 – $1,200,000PSF:$305 / $282Sq Ft:2,360 / 1,950DOM:46 / 21New:1Total:5
5 Beds
Avg:$750,000Median:$750,000Range:$750,000 – $750,000PSF:$188 / $188Sq Ft:4,000 / 4,000DOM:39 / 39New:0Total:1
6 Beds
Avg:$879,500Median:$460,000Range:$460,000 – $1,299,000PSF:$286 / $284Sq Ft:3,060 / 1,619DOM:5 / 3New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $120,000 | $120,000 | $120,000 – $120,000 | $240 / $240 | 500 / 500 | 11 / 11 | 0 | 1 |
| 1 Beds | $157,380 | $165,000 | $127,000 – $199,999 | $174 / $153 | 888 / 850 | 40 / 38 | 0 | 5 |
| 2 Beds | $307,268 | $255,000 | $199,000 – $559,900 | $269 / $249 | 1,159 / 1,100 | 20 / 10 | 4 | 31 |
| 3 Beds | $515,570 | $499,000 | $349,000 – $699,000 | $351 / $377 | 1,548 / 1,352 | 21 / 8 | 4 | 27 |
| 4 Beds | $698,740 | $529,000 | $489,900 – $1,200,000 | $305 / $282 | 2,360 / 1,950 | 46 / 21 | 1 | 5 |
| 5 Beds | $750,000 | $750,000 | $750,000 – $750,000 | $188 / $188 | 4,000 / 4,000 | 39 / 39 | 0 | 1 |
| 6 Beds | $879,500 | $460,000 | $460,000 – $1,299,000 | $286 / $284 | 3,060 / 1,619 | 5 / 3 | 1 | 2 |
Rental Market Overview
Median Rent
$1,850
0.0%
Median DOM
41
−8.9%
New Listings
3
Inventory
41
−12.8%
- Average Rent: $2,068
- Median Rent: $1,850
- Rent Range: $1,200 – $7,895
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,059 / 1,050
- Square Footage Range: 500 – 2,000
- Days on Market (Avg/Median): 68 / 41
- Days on Market Range: 2 – 338
- New Listings: 3
- Total Listings: 41
Rentals by Property Type
Apartment
$1,765
Median DOM: 57
Inventory: 18
MoM: 0.0%
Condo
$1,850
Median DOM: 14
Inventory: 13
MoM: 0.0%
Single Family
$2,100
Median DOM: 54
Inventory: 10
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$1,745 / $1,765Range$1,300 – $2,100Rent per Sq Ft$2 / $2Sq Ft951 / 1,050DOM102 / 57New0Total18
Condo
Avg/Median Rent$1,915 / $1,850Range$1,495 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,053 / 825DOM27 / 14New3Total13
Single Family
Avg/Median Rent$2,848 / $2,100Range$1,200 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,197 / 1,200DOM69 / 54New0Total10
Rentals by Bedroom Count
Studio
Avg:$1,375Median:$1,350Range:$1,200 – $1,575PSF:$3 / $3Sq Ft:519 / 506DOM:73 / 50New:0Total:3
1 Beds
Avg:$1,505Median:$1,500Range:$1,300 – $1,695PSF:$2 / $2Sq Ft:805 / 800DOM:51 / 26New:1Total:7
2 Beds
Avg:$2,169Median:$1,850Range:$1,700 – $7,895PSF:$2 / $2Sq Ft:1,234 / 1,100DOM:76 / 41New:2Total:23
3 Beds
Avg:$2,370Median:$2,100Range:$1,995 – $3,195PSF:$2 / $2Sq Ft:1,142 / 1,100DOM:42 / 34New:0Total:7
4 Beds
Avg:$3,650Median:$3,650Range:$3,650 – $3,650PSF:$3 / $3Sq Ft:1,172 / 1,172DOM:151 / 151New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,375 | $1,350 | $1,200 – $1,575 | $3 / $3 | 519 / 506 | 73 / 50 | 0 | 3 |
| 1 Beds | $1,505 | $1,500 | $1,300 – $1,695 | $2 / $2 | 805 / 800 | 51 / 26 | 1 | 7 |
| 2 Beds | $2,169 | $1,850 | $1,700 – $7,895 | $2 / $2 | 1,234 / 1,100 | 76 / 41 | 2 | 23 |
| 3 Beds | $2,370 | $2,100 | $1,995 – $3,195 | $2 / $2 | 1,142 / 1,100 | 42 / 34 | 0 | 7 |
| 4 Beds | $3,650 | $3,650 | $3,650 – $3,650 | $3 / $3 | 1,172 / 1,172 | 151 / 151 | 0 | 1 |
6-Month Sales Trend
Dec 2025
Median Price:$366,500Median DOM:41New:11Total:81
Jan 2026
Median Price:$349,900Median DOM:41New:15Total:69
Feb 2026
Median Price:$370,000Median DOM:20New:16Total:52
Mar 2026
Median Price:$399,900Median DOM:14New:24Total:61
Apr 2026
Median Price:$399,900Median DOM:9New:28Total:68
May 2026
Median Price:$415,000Median DOM:12New:10Total:73
6-Month Rental Trend
Dec 2025
Median Rent:$1,980Median DOM:44New:7Total:37
Jan 2026
Median Rent:$1,800Median DOM:44New:11Total:37
Feb 2026
Median Rent:$1,795Median DOM:31New:12Total:45
Mar 2026
Median Rent:$1,795Median DOM:51New:9Total:43
Apr 2026
Median Rent:$1,850Median DOM:45New:10Total:47
May 2026
Median Rent:$1,850Median DOM:41New:3Total:41
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market lengthened, signaling slower buyer activity. Rental pricing remained stable, 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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