ZIP 60651 Housing Market Report
Chicago Metro
Report period: May 2026
60651 Monthly Market Update – May 2026
ZIP 60651 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$385,000
−1.0%
Median DOM (Sales)
24
+4.3%
New Listings (Sales)
10
−76.7%
Median Rent
$1,695
+2.7%
Median DOM (Rental)
27
−10.0%
Total Rental Listings
182
−9.5%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents moved higher. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Single Family (13 DOM)
- Fastest renting: Multi-Family (4 DOM)
- Strongest bedroom: 8 Beds ($549,000 median)
Sales Market Overview
Median Price
$385,000
−1.0%
Median DOM
24
+4.3%
New Listings
10
−76.7%
Inventory
129
−2.3%
- Average Price: $394,066
- Median Price: $385,000
- Price Range: $45,000 – $1,325,000
- Price per Sq Ft (Avg/Median): $235 / $220
- Square Footage (Avg/Median): 1,847 / 1,600
- Square Footage Range: 529 – 4,136
- Days on Market (Avg/Median): 54 / 24
- Days on Market Range: 4 – 326
- New Listings: 10
- Total Listings: 129
Sales by Property Type
Condo
Avg/Median Price$333,571 / $369,000Range$119,000 – $625,000Price per Sq Ft$276 / $241Sq Ft1,186 / 1,100DOM73 / 41New0Total7
Land
Avg/Median Price$165,919 / $75,000Range$45,000 – $1,325,000Price per Sq Ft—Sq Ft—DOM109 / 73New2Total16
Multi-Family
Avg/Median Price$464,510 / $479,000Range$195,000 – $875,000Price per Sq Ft$210 / $173Sq Ft2,610 / 2,559DOM47 / 24New3Total49
Single Family
Avg/Median Price$406,872 / $375,000Range$125,000 – $979,000Price per Sq Ft$232 / $225Sq Ft1,858 / 1,612DOM43 / 13New5Total56
Townhouse
Avg/Median Price$299,000 / $299,000Range$299,000 – $299,000Price per Sq Ft$220 / $220Sq Ft1,360 / 1,360DOM28 / 28New0Total1
Sales by Bedroom Count
1 Beds
Avg:$469,000Median:$469,000Range:$469,000 – $469,000PSF:$184 / $184Sq Ft:2,550 / 2,550DOM:4 / 4New:0Total:1
2 Beds
Avg:$275,555Median:$325,000Range:$119,000 – $449,999PSF:$260 / $236Sq Ft:1,257 / 1,012DOM:49 / 21New:0Total:9
3 Beds
Avg:$424,134Median:$389,900Range:$140,000 – $979,000PSF:$254 / $230Sq Ft:1,768 / 1,500DOM:56 / 28New:2Total:35
4 Beds
Avg:$404,724Median:$359,999Range:$210,000 – $679,000PSF:$218 / $197Sq Ft:1,915 / 1,752DOM:37 / 12New:2Total:16
5 Beds
Avg:$428,831Median:$440,000Range:$149,900 – $950,000PSF:$192 / $196Sq Ft:2,033 / 1,900DOM:50 / 25New:2Total:24
6 Beds
Avg:$453,393Median:$485,000Range:$195,000 – $725,000PSF:$190 / $173Sq Ft:2,449 / 2,800DOM:41 / 14New:1Total:15
7 Beds
Avg:$455,000Median:$450,000Range:$360,000 – $575,000PSF:—Sq Ft:—DOM:22 / 16New:0Total:5
8 Beds
Avg:$567,840Median:$549,000Range:$299,918 – $875,000PSF:$251 / $160Sq Ft:3,080 / 2,559DOM:43 / 29New:1Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $469,000 | $469,000 | $469,000 – $469,000 | $184 / $184 | 2,550 / 2,550 | 4 / 4 | 0 | 1 |
| 2 Beds | $275,555 | $325,000 | $119,000 – $449,999 | $260 / $236 | 1,257 / 1,012 | 49 / 21 | 0 | 9 |
| 3 Beds | $424,134 | $389,900 | $140,000 – $979,000 | $254 / $230 | 1,768 / 1,500 | 56 / 28 | 2 | 35 |
| 4 Beds | $404,724 | $359,999 | $210,000 – $679,000 | $218 / $197 | 1,915 / 1,752 | 37 / 12 | 2 | 16 |
| 5 Beds | $428,831 | $440,000 | $149,900 – $950,000 | $192 / $196 | 2,033 / 1,900 | 50 / 25 | 2 | 24 |
| 6 Beds | $453,393 | $485,000 | $195,000 – $725,000 | $190 / $173 | 2,449 / 2,800 | 41 / 14 | 1 | 15 |
| 7 Beds | $455,000 | $450,000 | $360,000 – $575,000 | — | — | 22 / 16 | 0 | 5 |
| 8 Beds | $567,840 | $549,000 | $299,918 – $875,000 | $251 / $160 | 3,080 / 2,559 | 43 / 29 | 1 | 8 |
Rental Market Overview
Median Rent
$1,695
+2.7%
Median DOM
27
−10.0%
New Listings
7
Inventory
182
−9.5%
- Average Rent: $1,833
- Median Rent: $1,695
- Rent Range: $800 – $6,250
- Rent per Sq Ft (Avg/Median): $2 / $2
- Square Footage (Avg/Median): 1,023 / 950
- Square Footage Range: 450 – 3,000
- Days on Market (Avg/Median): 56 / 27
- Days on Market Range: 1 – 323
- New Listings: 7
- Total Listings: 182
Rentals by Property Type
Apartment
$1,600
Median DOM: 32
Inventory: 124
MoM: +2.7%
Condo
$1,700
Median DOM: 20
Inventory: 12
MoM: +2.7%
Single Family
$1,900
Median DOM: 21
Inventory: 45
MoM: +2.7%
Townhouse
—
Median DOM: —
Inventory: —
MoM: +2.7%
Apartment
Avg/Median Rent$1,729 / $1,600Range$800 – $4,386Rent per Sq Ft$2 / $2Sq Ft946 / 819DOM58 / 32New2Total124
Condo
Avg/Median Rent$1,932 / $1,700Range$1,200 – $3,000Rent per Sq Ft$2 / $1Sq Ft1,145 / 1,200DOM53 / 20New1Total12
Multi-Family
Avg/Median Rent$1,650 / $1,650Range$1,650 – $1,650Rent per Sq Ft$2 / $2Sq Ft700 / 700DOM4 / 4New0Total1
Single Family
Avg/Median Rent$2,099 / $1,900Range$1,100 – $6,250Rent per Sq Ft$2 / $2Sq Ft1,200 / 1,100DOM52 / 21New4Total45
Rentals by Bedroom Count
Studio
Avg:$1,158Median:$1,200Range:$800 – $1,395PSF:$2 / $2Sq Ft:628 / 516DOM:55 / 16New:1Total:9
1 Beds
Avg:$1,342Median:$1,300Range:$950 – $1,800PSF:$2 / $2Sq Ft:719 / 725DOM:37 / 19New:1Total:23
2 Beds
Avg:$1,653Median:$1,600Range:$1,000 – $4,386PSF:$2 / $2Sq Ft:882 / 850DOM:65 / 41New:3Total:88
3 Beds
Avg:$2,181Median:$2,100Range:$1,400 – $5,750PSF:$2 / $2Sq Ft:1,381 / 1,200DOM:52 / 24New:1Total:53
4 Beds
Avg:$3,145Median:$3,000Range:$1,700 – $4,400PSF:$2 / $2Sq Ft:1,878 / 2,000DOM:45 / 33New:1Total:6
5 Beds
Avg:$4,150Median:$3,199Range:$3,000 – $6,250PSF:$2 / $2Sq Ft:1,433 / 1,433DOM:19 / 18New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,158 | $1,200 | $800 – $1,395 | $2 / $2 | 628 / 516 | 55 / 16 | 1 | 9 |
| 1 Beds | $1,342 | $1,300 | $950 – $1,800 | $2 / $2 | 719 / 725 | 37 / 19 | 1 | 23 |
| 2 Beds | $1,653 | $1,600 | $1,000 – $4,386 | $2 / $2 | 882 / 850 | 65 / 41 | 3 | 88 |
| 3 Beds | $2,181 | $2,100 | $1,400 – $5,750 | $2 / $2 | 1,381 / 1,200 | 52 / 24 | 1 | 53 |
| 4 Beds | $3,145 | $3,000 | $1,700 – $4,400 | $2 / $2 | 1,878 / 2,000 | 45 / 33 | 1 | 6 |
| 5 Beds | $4,150 | $3,199 | $3,000 – $6,250 | $2 / $2 | 1,433 / 1,433 | 19 / 18 | 0 | 3 |
6-Month Sales Trend
Dec 2025
Median Price:$399,900Median DOM:56New:36Total:180
Jan 2026
Median Price:$399,000Median DOM:55New:33Total:184
Feb 2026
Median Price:$395,000Median DOM:38New:31Total:151
Mar 2026
Median Price:$390,000Median DOM:28New:36Total:133
Apr 2026
Median Price:$389,000Median DOM:23New:43Total:132
May 2026
Median Price:$385,000Median DOM:24New:10Total:129
6-Month Rental Trend
Dec 2025
Median Rent:$1,550Median DOM:43New:32Total:168
Jan 2026
Median Rent:$1,550Median DOM:43New:42Total:169
Feb 2026
Median Rent:$1,600Median DOM:39New:38Total:172
Mar 2026
Median Rent:$1,600Median DOM:36New:54Total:189
Apr 2026
Median Rent:$1,650Median DOM:30New:46Total:201
May 2026
Median Rent:$1,695Median DOM:27New:7Total:182
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing increased, 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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