Melrose Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $184,900
    7% ( $14,100 ) vs Sep 2016
  • Median Sales Price
    $184,000
    1% ( $1,000 ) vs Sep 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 190
    Homes for Sale 75
    Recently Sold 327

Market Summary

There are currently 190 properties in Melrose Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 75.

In October, the number of properties that received a foreclosure filing in Melrose Park, IL was 37% higher than the previous month and 48% lower than the same time last year.

Home sales for September 2017 were down 11% compared with the previous month, and up 33% compared with a year ago. The median sales price of a non-distressed home was $184,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Melrose Park, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $182,000 (Median Foreclosure Sales Price) $184,000 (Median Sales Price) $183,000 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $160,000 (Median Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $182,000 (Median Foreclosure Sales Price) $184,000 (Median Sales Price) $183,000 (Median Sales Price) $198,000 (Median Sales Price) $200,000 (Median Sales Price) $195,000 (Median Sales Price) $160,000 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
589
6.2
% (y-o-y)
$190,000
19.1
% (y-o-y)
39.5%
70.2
% (y-o-y)
Oak Park
14
27.3
% (y-o-y)
$366,250
13.3
% (y-o-y)
Data not available
Elmwood Park
13
7.1
% (y-o-y)
$265,500
0.2
% (y-o-y)
Data not available
Maywood
12
40.0
% (y-o-y)
$135,000
51.7
% (y-o-y)
55.7%
29.2
% (y-o-y)
Elmhurst
11
21.4
% (y-o-y)
$397,750
4.3
% (y-o-y)
Data not available
Bellwood
9
43.8
% (y-o-y)
$160,500
18.5
% (y-o-y)
Data not available
Westchester
7
36.4
% (y-o-y)
$222,500
1.1
% (y-o-y)
Data not available
Bensenville
6
25.0
% (y-o-y)
$215,000
8.3
% (y-o-y)
Data not available
Forest Park
6
14.3
% (y-o-y)
$290,000
30.8
% (y-o-y)
Data not available
Hillside
6
0.0
% (y-o-y)
$207,500
0.0
% (y-o-y)
Data not available

Local Info For Melrose Park

Population:
24,725
Cost of Living Index: 110.80
Crime Index: 96.63     Rating: B- View crime details
Schools: 12    Average School Rating: C View individual school rating
Household Median Income: $43,478
Unemployment: 4.80%
Percentage of vacant homes: 10.92%

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