ZIP 60656 Housing Market Report

Chicago Metro

Report period: July 2026

60656 Monthly Market Update – July 2026

ZIP 60656 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026

Executive Snapshot

Median Sale Price
$409,000
−1.4%
Median DOM (Sales)
8
+14.3%
New Listings (Sales)
11
−73.2%
Median Rent
$1,795
0.0%
Median DOM (Rental)
25
−16.7%
Total Rental Listings
43
+2.4%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market lengthened. Rents were stable. Rental inventory expanded.

What's Moving Fastest

  • Fastest selling: Multi-Family (1 DOM)
  • Fastest renting: Condo (16 DOM)
  • Strongest bedroom: 6 Beds ($997,000 median)

Sales Market Overview

Median Price
$409,000
−1.4%
Median DOM
8
+14.3%
New Listings
11
−73.2%
Inventory
87
−9.4%
  • Average Price: $420,205
  • Median Price: $409,000
  • Price Range: $109,900 – $1,299,000
  • Price per Sq Ft (Avg/Median): $283 / $254
  • Square Footage (Avg/Median): 1,509 / 1,185
  • Square Footage Range: 650 – 4,500
  • Days on Market (Avg/Median): 25 / 8
  • Days on Market Range: 1 – 333
  • New Listings: 11
  • Total Listings: 87

Sales by Property Type

Condo
Avg/Median Price$227,029 / $214,900Range$109,900 – $610,000Price per Sq Ft$222 / $227Sq Ft1,024 / 1,000DOM33 / 12New4Total34
Land
Avg/Median Price$383,000 / $200,000Range$200,000 – $749,000Price per Sq FtSq FtDOM104 / 4New0Total3
Multi-Family
Avg/Median Price$899,000 / $899,000Range$899,000 – $899,000Price per Sq FtSq FtDOM1 / 1New0Total1
Single Family
Avg/Median Price$546,751 / $495,000Range$295,000 – $1,299,000Price per Sq Ft$323 / $314Sq Ft1,819 / 1,615DOM14 / 6New7Total49

Sales by Bedroom Count

1 Beds
Avg:$156,856Median:$159,000Range:$109,900 – $219,900PSF:$193 / $194Sq Ft:807 / 850DOM:8 / 6New:2Total:9
2 Beds
Avg:$292,923Median:$249,900Range:$130,000 – $549,900PSF:$269 / $239Sq Ft:1,107 / 1,000DOM:23 / 11New:2Total:35
3 Beds
Avg:$520,565Median:$495,000Range:$299,000 – $749,000PSF:$334 / $327Sq Ft:1,627 / 1,600DOM:25 / 6New:5Total:26
4 Beds
Avg:$618,356Median:$629,000Range:$379,500 – $799,000PSF:$289 / $257Sq Ft:2,185 / 2,200DOM:16 / 4New:2Total:9
5 Beds
Avg:$724,948Median:$549,995Range:$549,995 – $899,900PSF:$215 / $172Sq Ft:3,346 / 3,191DOM:8 / 1New:0Total:2
6 Beds
Avg:$1,148,000Median:$997,000Range:$997,000 – $1,299,000PSF:$265 / $242Sq Ft:4,309 / 4,118DOM:57 / 49New:0Total:2
8 Beds
Avg:$899,000Median:$899,000Range:$899,000 – $899,000PSF:Sq Ft:DOM:1 / 1New:0Total:1

Rental Market Overview

Median Rent
$1,795
0.0%
Median DOM
25
−16.7%
New Listings
5
Inventory
43
+2.4%
  • Average Rent: $1,906
  • Median Rent: $1,795
  • Rent Range: $1,200 – $3,000
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 997 / 1,000
  • Square Footage Range: 465 – 2,040
  • Days on Market (Avg/Median): 46 / 25
  • Days on Market Range: 4 – 250
  • New Listings: 5
  • Total Listings: 43

Rentals by Property Type

Apartment
$1,650
Median DOM: 31
Inventory: 10
MoM: 0.0%
Condo
$1,800
Median DOM: 16
Inventory: 16
MoM: 0.0%
Single Family
$1,975
Median DOM: 39
Inventory: 17
MoM: 0.0%
Townhouse
Median DOM:
Inventory:
MoM: 0.0%
Apartment
Avg/Median Rent$1,705 / $1,650Range$1,300 – $2,800Rent per Sq Ft$2 / $2Sq Ft1,035 / 900DOM79 / 31New1Total10
Condo
Avg/Median Rent$1,893 / $1,800Range$1,495 – $3,000Rent per Sq Ft$2 / $2Sq Ft1,018 / 1,000DOM34 / 16New1Total16
Single Family
Avg/Median Rent$2,036 / $1,975Range$1,200 – $3,000Rent per Sq Ft$2 / $2Sq Ft961 / 1,000DOM39 / 39New3Total17

Rentals by Bedroom Count

Studio
Avg:$1,404Median:$1,312Range:$1,200 – $1,700PSF:$3 / $3Sq Ft:490 / 500DOM:71 / 60New:0Total:3
1 Beds
Avg:$1,486Median:$1,495Range:$1,300 – $1,645PSF:$2 / $2Sq Ft:794 / 800DOM:33 / 15New:1Total:8
2 Beds
Avg:$1,904Median:$1,800Range:$1,600 – $3,000PSF:$2 / $2Sq Ft:1,058 / 1,000DOM:47 / 18New:1Total:25
3 Beds
Avg:$2,606Median:$2,800Range:$1,995 – $3,000PSF:$2 / $2Sq Ft:1,325 / 1,214DOM:44 / 10New:3Total:7

6-Month Sales Trend

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:8New:37Total:83
Jun 2026
Median Price:$415,000Median DOM:7New:41Total:96
Jul 2026
Median Price:$409,000Median DOM:8New:11Total:87

6-Month Rental Trend

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:$1,800Median DOM:34New:12Total:42
Jun 2026
Median Rent:$1,795Median DOM:30New:10Total:42
Jul 2026
Median Rent:$1,795Median DOM:25New:5Total:43

Key Market Takeaways

Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower 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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