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Market Snapshot

Median listing price
$325K

The median listing price in Crestwood, IL ZIP 60418 is $325,000 as of June 2026.

Median rent
$1,700/mo

The median market rent in Crestwood, IL ZIP 60418 is $1,700/month as of June 2026.

Days on market
271 days

The median days on market in Crestwood, IL ZIP 60418 is 271 days as of June 2026. The market is currently neutral.

Gross rental yield
6.28%

At a median list price of $325,000 and a median rent of $1,700/month, the gross rental yield in Crestwood, IL ZIP 60418 is 6.28% as of June 2026.

STR vs LTR
$1,673/mo STR · $1,700/mo LTR

In Crestwood, IL ZIP 60418, median Airbnb revenue is $1,673/month compared to median long-term rent of $1,700/month as of June 2026.

Crestwood, IL 60418 Real Estate Market Report

ZIP Code: 60418

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
20
Active Listings
10
Sold Properties
10

Market Metrics

Median Listing Price
$325,000
Median Sold Price
$293,000
Median Price per Sqft
$221/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,700

Property Taxes

Property Tax Rate
1.69%

Liquidity & Velocity

Median Days on Market
271
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. $293,000 is the primary indicator of recent transaction value in Crestwood; this median sold price suggests realized market value is meaningfully below the median listing price of $325,000, which may indicate pricing friction between seller expectations and closed transactions.
  2. The market shows price momentum with price year-over-year trend marked up, while market temperature is neutral, implying that rising prices coexist with a generally balanced transactional environment rather than a heated market — balanced upwards pressure.
  3. Liquidity appears slow relative to time-to-contract: the median days on market of 271 points to extended listing durations and suggests slower sales velocity, even as price appreciation is occurring.
  4. Rental fundamentals are strengthening (rent year-over-year trend up) with a median market rent of 1,700; combined with elevated interest rate pressure (interest rate pressure elevated), this may sustain rental demand as affordability for buyers is pressured — elevated interest rate pressure.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

12824 W Playfield Dr, Crestwood, IL 60418
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

7 beds2 baths2,434 sqft
$370,000
Mar 1, 2026
$152/sqft/sqft
13606 Short Dr, Crestwood, IL 60418
Premium

Sold above market average

4 beds1 baths1,321 sqft
$350,000
May 1, 2026
$265/sqft/sqft
5248 138th Pl, Crestwood, IL 60418
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,838 sqft
$311,500
Mar 1, 2026
$169/sqft/sqft
13748 Le Claire Ave, Crestwood, IL 60418
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,286 sqft
$307,500
Mar 1, 2026
$239/sqft/sqft
106 days on market
13017 Park Ct, Crestwood, IL 60418
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,236 sqft
$305,000
May 1, 2026
$247/sqft/sqft
4240 143rd St, Crestwood, IL 60418
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,116 sqft
$303,500
Apr 1, 2026
$272/sqft/sqft
13717 Lavergne Ave, Crestwood, IL 60418
Value

Sold below market average

3 beds1 baths1,266 sqft
$242,000
May 1, 2026
$191/sqft/sqft
12822 Carriage Ln, Crestwood, IL 60418
Value

Sold below market average

3 beds1 baths1,298 sqft
$235,000
Apr 1, 2026
$181/sqft/sqft
111 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$280/mo
60418 Avg Rent
60418 Cost to Own
Rent$1,700
Own$1,980

20% down, 6.50% rate, 1.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

60418 Avg nightly rate
60418 Avg occupancy (days/year)
Nightly rate$123/night
Occupancy80 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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