Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $273,590
    9% ( $23,690 ) vs Feb 2015
  • Median Sales Price
    $225,000
    2% ( $5,000 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $205,000
    1% ( $2,500 ) vs Feb 2015
  • Foreclosures 247
    Homes for Sale 266
    Recently Sold 613

Market Summary

There are currently 247 properties in Orland 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 266.

In March, the number of properties that received a foreclosure filing in Orland Park, IL was 21% lower than the previous month and 42% lower than the same time last year.

Home sales for February 2016 were down 2% compared with the previous month, and up 59% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $205,000, or 9% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$205,000 (Median Foreclosure Sales Price) $207,500 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $176,500 (Median Foreclosure Sales Price) $178,500 (Median Foreclosure Sales Price) $171,050 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $230,000 (Median Sales Price) $261,250 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $205,000 (Median Foreclosure Sales Price) $207,500 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $176,500 (Median Foreclosure Sales Price) $178,500 (Median Foreclosure Sales Price) $171,050 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $230,000 (Median Sales Price) $261,250 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
67
48.9
% (y-o-y)
$145,000
8.8
% (y-o-y)
61.4%
32.5
% (y-o-y)
Tinley Park
63
57.5
% (y-o-y)
$169,500
1.0
% (y-o-y)
11.5%
25.5
% (y-o-y)
Lockport
61
144.0
% (y-o-y)
$209,000
12.4
% (y-o-y)
31.6%
10.8
% (y-o-y)
Midlothian
43
38.7
% (y-o-y)
$104,900
13.4
% (y-o-y)
50.9%
25.1
% (y-o-y)
Oak Forest
41
86.4
% (y-o-y)
$154,750
12.5
% (y-o-y)
2.1%
25.3
% (y-o-y)
New Lenox
38
123.5
% (y-o-y)
$215,000
3.9
% (y-o-y)
30.2%
45.0
% (y-o-y)
Frankfort
32
113.3
% (y-o-y)
$254,500
7.1
% (y-o-y)
33.7%
7.1
% (y-o-y)
Alsip
30
42.9
% (y-o-y)
$160,000
16.8
% (y-o-y)
57.2%
32.1
% (y-o-y)
Country Club Hills
28
21.7
% (y-o-y)
$120,000
111.3
% (y-o-y)
55.4%
25.6
% (y-o-y)
Palos Hills
23
155.6
% (y-o-y)
$137,500
10.0
% (y-o-y)
1.1%
2.0
% (y-o-y)

Local Info For Orland Park

Population:
55,098
Cost of Living Index: 116.71
Crime Index: 29.41     Rating: A View crime details
Schools: 11    Average School Rating: A- View individual school rating
Household Median Income: $79,583
Unemployment: 5.60%
Percentage of vacant homes: 2.91%

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