ZIP 60656 Housing Market Report

Chicago Metro

Report period: March 2026

60656 Monthly Market Update – March 2026

ZIP 60656 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$370,000
0.0%
Median DOM (Sales)
15
−25.0%
New Listings (Sales)
10
−37.5%
Median Rent
$1,795
0.0%
Median DOM (Rental)
33
+6.5%
Total Rental Listings
48
+6.7%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Single Family (12 DOM)
  • Fastest renting: Condo (10 DOM)
  • Strongest bedroom: 8 Beds ($880,000 median)

Sales Market Overview

Median Price
$370,000
0.0%
Median DOM
15
−25.0%
New Listings
10
−37.5%
Inventory
56
+7.7%
  • Average Price: $386,162
  • Median Price: $370,000
  • Price Range: $85,000 – $1,200,000
  • Price per Sq Ft (Avg/Median): $269 / $240
  • Square Footage (Avg/Median): 1,554 / 1,248
  • Square Footage Range: 700 – 4,300
  • Days on Market (Avg/Median): 38 / 15
  • Days on Market Range: 2 – 210
  • New Listings: 10
  • Total Listings: 56

Sales by Property Type

Condo
Avg/Median Price$223,878 / $205,000Range$85,000 – $610,000Price per Sq Ft$216 / $222Sq Ft1,084 / 1,000DOM47 / 25New5Total27
Land
Avg/Median Price$749,000 / $749,000Range$749,000 – $749,000Price per Sq FtSq FtDOM181 / 181New0Total1
Multi-Family
Avg/Median Price$880,000 / $880,000Range$880,000 – $880,000Price per Sq FtSq FtDOM15 / 15New0Total1
Single Family
Avg/Median Price$516,717 / $499,000Range$359,000 – $1,200,000Price per Sq Ft$306 / $321Sq Ft1,885 / 1,595DOM24 / 12New5Total27

Sales by Bedroom Count

Studio
Avg:$85,000Median:$85,000Range:$85,000 – $85,000PSF:Sq Ft:DOM:7 / 7New:0Total:1
1 Beds
Avg:$170,909Median:$165,000Range:$127,000 – $235,000PSF:$189 / $200Sq Ft:900 / 850DOM:30 / 17New:1Total:11
2 Beds
Avg:$273,982Median:$235,000Range:$205,000 – $450,000PSF:$260 / $235Sq Ft:1,141 / 1,100DOM:45 / 27New:4Total:17
3 Beds
Avg:$489,980Median:$499,000Range:$370,000 – $610,000PSF:$321 / $348Sq Ft:1,704 / 1,456DOM:33 / 12New:2Total:17
4 Beds
Avg:$630,462Median:$539,900Range:$385,000 – $1,200,000PSF:$252 / $243Sq Ft:2,561 / 1,800DOM:30 / 6New:3Total:8
8 Beds
Avg:$880,000Median:$880,000Range:$880,000 – $880,000PSF:Sq Ft:DOM:15 / 15New:0Total:1

Rental Market Overview

Median Rent
$1,795
0.0%
Median DOM
33
+6.5%
New Listings
4
Inventory
48
+6.7%
  • Average Rent: $2,185
  • Median Rent: $1,795
  • Rent Range: $1,200 – $7,895
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,066 / 1,096
  • Square Footage Range: 450 – 1,900
  • Days on Market (Avg/Median): 62 / 33
  • Days on Market Range: 2 – 282
  • New Listings: 4
  • Total Listings: 48

Rentals by Property Type

Apartment
$1,735
Median DOM: 87
Inventory: 20
MoM: 0.0%
Condo
$1,695
Median DOM: 10
Inventory: 7
MoM: 0.0%
Single Family
$2,150
Median DOM: 28
Inventory: 21
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,965 / $1,735Range$1,348 – $5,007Rent per Sq Ft$2 / $2Sq Ft1,000 / 1,050DOM103 / 87New0Total20
Condo
Avg/Median Rent$1,791 / $1,695Range$1,400 – $2,250Rent per Sq Ft$2 / $2Sq Ft950 / 800DOM17 / 10New3Total7
Single Family
Avg/Median Rent$2,525 / $2,150Range$1,200 – $7,895Rent per Sq Ft$2 / $2Sq Ft1,157 / 1,200DOM42 / 28New1Total21

Rentals by Bedroom Count

Studio
Avg:$1,374Median:$1,348Range:$1,200 – $1,575PSF:$3 / $3Sq Ft:485 / 500DOM:38 / 33New:0Total:3
1 Beds
Avg:$1,576Median:$1,600Range:$1,400 – $1,695PSF:$2 / $2Sq Ft:750 / 750DOM:29 / 28New:1Total:7
2 Beds
Avg:$1,838Median:$1,750Range:$1,200 – $2,600PSF:$2 / $2Sq Ft:1,090 / 1,050DOM:79 / 72New:2Total:23
3 Beds
Avg:$2,953Median:$2,300Range:$1,995 – $7,895PSF:$3 / $2Sq Ft:1,279 / 1,200DOM:25 / 25New:1Total:11
4 Beds
Avg:$3,315Median:$3,495Range:$2,800 – $3,650PSF:$3 / $2Sq Ft:1,311 / 1,172DOM:113 / 118New:0Total:3
5 Beds
Avg:$5,007Median:$5,007Range:$5,007 – $5,007PSF:Sq Ft:DOM:171 / 171New:0Total:1

6-Month Sales Trend

Oct 2025
Median Price:$349,900Median DOM:34New:34Total:109
Nov 2025
Median Price:$349,900Median DOM:39New:22Total:103
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:$370,000Median DOM:15New:10Total:56

6-Month Rental Trend

Oct 2025
Median Rent:$1,900Median DOM:22New:17Total:46
Nov 2025
Median Rent:$1,900Median DOM:32New:12Total:47
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:33New:4Total:48

Key Market Takeaways

Median sale prices held steady this month while inventory expanded. 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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