Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $233,340
    1% ( $3,440 ) vs Feb 2013
  • Median Sales Price
    $211,000
    4% ( $8,000 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $141,000
    5% ( $8,000 ) vs Feb 2013
  • Foreclosures 384
    Homes for Sale 291
    Recently Sold 813

Market Summary

There are currently 384 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 291.

In March, the number of properties that received a foreclosure filing in Orland Park, IL was 50% higher than the previous month and 3% higher than the same time last year.

Home sales for February 2014 were down 27% compared with the previous month, and down 23% compared with a year ago. The median sales price of a non-distressed home was $211,000. The median sales price of a foreclosure home was $141,000, or 33% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$141,000 (Median Foreclosure Sales Price) $149,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,050 (Median Foreclosure Sales Price) $145,250 (Median Foreclosure Sales Price) $147,500 (Median Foreclosure Sales Price) $211,000 (Median Sales Price) $203,000 (Median Sales Price) $216,000 (Median Sales Price) $223,250 (Median Sales Price) $225,000 (Median Sales Price) $227,750 (Median Sales Price) $141,000 (Median Foreclosure Sales Price) $149,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $150,050 (Median Foreclosure Sales Price) $145,250 (Median Foreclosure Sales Price) $147,500 (Median Foreclosure Sales Price) $211,000 (Median Sales Price) $203,000 (Median Sales Price) $216,000 (Median Sales Price) $223,250 (Median Sales Price) $225,000 (Median Sales Price) $227,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
68
13.9
% (y-o-y)
$114,000
15.7
% (y-o-y)
9.6%
60.4
% (y-o-y)
Tinley Park
60
17.8
% (y-o-y)
$165,000
1.8
% (y-o-y)
23.6%
25.2
% (y-o-y)
Midlothian
40
29.0
% (y-o-y)
$83,500
2.8
% (y-o-y)
51.5%
23.7
% (y-o-y)
Lockport
39
52.4
% (y-o-y)
$179,000
0.1
% (y-o-y)
5.3%
29.7
% (y-o-y)
New Lenox
33
2.9
% (y-o-y)
$248,832
0.5
% (y-o-y)
21.0%
28.1
% (y-o-y)
Country Club Hills
32
3.2
% (y-o-y)
$90,000
17.4
% (y-o-y)
43.9%
56.0
% (y-o-y)
Oak Forest
25
7.4
% (y-o-y)
$134,000
7.6
% (y-o-y)
8.6%
22.4
% (y-o-y)
Frankfort
20
47.4
% (y-o-y)
$261,000
5.5
% (y-o-y)
33.1%
9.4
% (y-o-y)
Mokena
20
35.5
% (y-o-y)
$212,500
12.5
% (y-o-y)
Data not available
Chicago Ridge
17
0.0
% (y-o-y)
$68,750
14.1
% (y-o-y)
24.4%
38.1
% (y-o-y)

Local Info For Orland Park

Population:
55,098
Cost of Living Index: 116.71
Crime Index: 29.38     Rating: A View crime details
Schools: 11    Average School Rating: A- View individual school rating
Household Median Income: $79,583
Unemployment: 6.80%
Percentage of vacant homes: 2.91%