Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $292,700
    6% ( $17,700 ) vs Apr 2014
  • Median Sales Price
    $227,250
    11% ( $22,750 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $112,000
    4% ( $4,000 ) vs Apr 2014
  • Foreclosures 242
    Homes for Sale 293
    Recently Sold 261

Market Summary

There are currently 242 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 293.

In May, the number of properties that received a foreclosure filing in Orland Park, IL was 13% higher than the previous month and 48% higher than the same time last year.

Home sales for April 2015 were up 170% compared with the previous month, and down 64% compared with a year ago. The median sales price of a non-distressed home was $227,250. The median sales price of a foreclosure home was $112,000, or 51% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$112,000 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $227,250 (Median Sales Price) $204,500 (Median Sales Price) $210,000 (Median Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price) $215,000 (Median Sales Price) $112,000 (Median Foreclosure Sales Price) $108,000 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $115,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $227,250 (Median Sales Price) $204,500 (Median Sales Price) $210,000 (Median Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price) $215,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Lockport
72
5.9
% (y-o-y)
$229,900
31.4
% (y-o-y)
10.1%
18.8
% (y-o-y)
Frankfort
49
25.6
% (y-o-y)
$226,750
0.7
% (y-o-y)
25.0%
14.6
% (y-o-y)
Tinley Park
48
48.4
% (y-o-y)
$167,500
0.8
% (y-o-y)
14.3%
32.2
% (y-o-y)
Oak Lawn
39
59.4
% (y-o-y)
$119,500
8.1
% (y-o-y)
44.4%
33.1
% (y-o-y)
Mokena
32
18.5
% (y-o-y)
$280,000
18.4
% (y-o-y)
31.3%
26.8
% (y-o-y)
New Lenox
30
14.3
% (y-o-y)
$230,000
7.2
% (y-o-y)
30.5%
32.2
% (y-o-y)
Country Club Hills
30
6.3
% (y-o-y)
$52,500
54.3
% (y-o-y)
4.8%
52.4
% (y-o-y)
Midlothian
26
50.0
% (y-o-y)
$81,000
14.1
% (y-o-y)
13.6%
12.7
% (y-o-y)
Markham
22
4.3
% (y-o-y)
$36,000
12.5
% (y-o-y)
21.5%
31.3
% (y-o-y)
Oak Forest
18
48.6
% (y-o-y)
$139,000
8.6
% (y-o-y)
30.6%
21.1
% (y-o-y)

Local Info For Orland Park

Population:
55,098
Cost of Living Index: 116.71
Crime Index: 29.77     Rating: A- View crime details
Schools: 11    Average School Rating: A- View individual school rating
Household Median Income: $79,583
Unemployment: 5.00%
Percentage of vacant homes: 2.91%