ZIP 60005 Housing Market Report

Chicago Metro

Report period: March 2026

60005 Monthly Market Update – March 2026

ZIP 60005 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026

Executive Snapshot

Median Sale Price
$419,000
+5.0%
Median DOM (Sales)
15
−16.7%
New Listings (Sales)
10
−65.5%
Median Rent
$2,200
0.0%
Median DOM (Rental)
31
−22.5%
Total Rental Listings
42
−4.5%

Month-over-Month Movement

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

What's Moving Fastest

  • Fastest selling: Townhouse (6 DOM)
  • Fastest renting: Condo (25 DOM)
  • Strongest bedroom: 4 Beds ($749,900 median)

Sales Market Overview

Median Price
$419,000
+5.0%
Median DOM
15
−16.7%
New Listings
10
−65.5%
Inventory
81
−3.6%
  • Average Price: $539,648
  • Median Price: $419,000
  • Price Range: $169,000 – $5,399,999
  • Price per Sq Ft (Avg/Median): $266 / $253
  • Square Footage (Avg/Median): 1,701 / 1,377
  • Square Footage Range: 735 – 5,883
  • Days on Market (Avg/Median): 38 / 15
  • Days on Market Range: 2 – 266
  • New Listings: 10
  • Total Listings: 81

Sales by Property Type

Condo
Avg/Median Price$262,069 / $229,900Range$169,000 – $500,000Price per Sq Ft$221 / $208Sq Ft1,192 / 1,200DOM39 / 19New5Total38
Land
Avg/Median Price$1,734,500 / $450,000Range$389,000 – $5,399,999Price per Sq FtSq FtDOM73 / 54New1Total4
Single Family
Avg/Median Price$722,171 / $569,000Range$369,000 – $2,050,000Price per Sq Ft$320 / $289Sq Ft2,274 / 2,080DOM35 / 11New4Total35
Townhouse
Avg/Median Price$384,725 / $385,000Range$319,900 – $419,000Price per Sq Ft$236 / $220Sq Ft1,656 / 1,650DOM12 / 6New0Total4

Sales by Bedroom Count

1 Beds
Avg:$217,175Median:$178,900Range:$169,000 – $425,000PSF:$245 / $209Sq Ft:872 / 850DOM:39 / 27New:0Total:8
2 Beds
Avg:$294,511Median:$249,900Range:$169,000 – $500,000PSF:$232 / $210Sq Ft:1,262 / 1,200DOM:34 / 17New:5Total:30
3 Beds
Avg:$435,495Median:$429,000Range:$249,900 – $649,000PSF:$288 / $268Sq Ft:1,563 / 1,601DOM:41 / 9New:3Total:21
4 Beds
Avg:$912,433Median:$749,900Range:$499,900 – $1,800,000PSF:$306 / $282Sq Ft:2,993 / 2,762DOM:19 / 14New:0Total:15
5 Beds
Avg:$1,122,967Median:$679,000Range:$639,900 – $2,050,000PSF:$322 / $282Sq Ft:3,232 / 2,788DOM:93 / 48New:1Total:3

Rental Market Overview

Median Rent
$2,200
0.0%
Median DOM
31
−22.5%
New Listings
7
Inventory
42
−4.5%
  • Average Rent: $2,441
  • Median Rent: $2,200
  • Rent Range: $990 – $4,250
  • Rent per Sq Ft (Avg/Median): $2 / $2
  • Square Footage (Avg/Median): 1,175 / 1,050
  • Square Footage Range: 495 – 2,050
  • Days on Market (Avg/Median): 40 / 31
  • Days on Market Range: 2 – 131
  • New Listings: 7
  • Total Listings: 42

Rentals by Property Type

Apartment
$2,015
Median DOM: 34
Inventory: 11
MoM: 0.0%
Condo
$2,000
Median DOM: 25
Inventory: 17
MoM: 0.0%
Single Family
$2,895
Median DOM: 31
Inventory: 11
MoM: 0.0%
Townhouse
$2,990
Median DOM: 43
Inventory: 3
MoM: 0.0%
Apartment
Avg/Median Rent$2,145 / $2,015Range$1,495 – $3,500Rent per Sq Ft$3 / $2Sq Ft858 / 810DOM49 / 34New1Total11
Condo
Avg/Median Rent$2,279 / $2,000Range$1,795 – $3,500Rent per Sq Ft$2 / $2Sq Ft1,122 / 1,050DOM38 / 25New4Total17
Single Family
Avg/Median Rent$2,790 / $2,895Range$990 – $4,250Rent per Sq Ft$2 / $2Sq Ft1,405 / 1,280DOM34 / 31New2Total11
Townhouse
Avg/Median Rent$3,163 / $2,990Range$2,900 – $3,600Rent per Sq Ft$2 / $1Sq Ft2,031 / 2,025DOM57 / 43New0Total3

Rentals by Bedroom Count

Studio
Avg:$2,004Median:$1,992Range:$1,992 – $2,015PSF:$4 / $3Sq Ft:536 / 495DOM:46 / 34New:0Total:2
1 Beds
Avg:$1,969Median:$1,900Range:$990 – $2,700PSF:$2 / $2Sq Ft:889 / 900DOM:38 / 22New:2Total:12
2 Beds
Avg:$2,190Median:$2,100Range:$1,795 – $2,950PSF:$2 / $2Sq Ft:1,135 / 1,000DOM:44 / 33New:3Total:17
3 Beds
Avg:$3,418Median:$3,500Range:$2,500 – $4,250PSF:$2 / $2Sq Ft:1,686 / 1,600DOM:39 / 31New:1Total:10
4 Beds
Avg:$3,450Median:$3,450Range:$3,450 – $3,450PSF:$2 / $2Sq Ft:1,650 / 1,650DOM:9 / 9New:1Total:1

6-Month Sales Trend

Oct 2025
Median Price:$449,900Median DOM:39New:37Total:145
Nov 2025
Median Price:$445,000Median DOM:45New:20Total:121
Dec 2025
Median Price:$399,900Median DOM:39New:23Total:102
Jan 2026
Median Price:$399,000Median DOM:33New:24Total:95
Feb 2026
Median Price:$399,000Median DOM:18New:29Total:84
Mar 2026
Median Price:$419,000Median DOM:15New:10Total:81

6-Month Rental Trend

Oct 2025
Median Rent:$2,000Median DOM:24New:20Total:47
Nov 2025
Median Rent:$2,295Median DOM:23New:14Total:43
Dec 2025
Median Rent:$2,200Median DOM:42New:7Total:39
Jan 2026
Median Rent:$2,200Median DOM:32New:15Total:43
Feb 2026
Median Rent:$2,200Median DOM:40New:11Total:44
Mar 2026
Median Rent:$2,200Median DOM:31New:7Total:42

Key Market Takeaways

Median sale prices moved higher this month while inventory compressed. Days on market declined, signaling improving 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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