Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $279,900
    2% ( $6,345 ) vs May 2013
  • Median Sales Price
    $205,000
    0% ( $0 ) vs May 2013
  • Median Foreclosure Sales Price
    $160,000
    0% ( $0 ) vs May 2013
  • Foreclosures 343
    Homes for Sale 350
    Recently Sold 677

Market Summary

There are currently 343 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 350.

In June, the number of properties that received a foreclosure filing in Orland Park, IL was 43% higher than the previous month and 27% lower than the same time last year.

Home sales for May 2014 were up 51% compared with the previous month, and up 45% compared with a year ago. The median sales price of a non-distressed home was $205,000. The median sales price of a foreclosure home was $160,000, or 22% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $144,500 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $149,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $211,500 (Median Sales Price) $207,000 (Median Sales Price) $216,500 (Median Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $144,500 (Median Foreclosure Sales Price) $141,000 (Median Foreclosure Sales Price) $149,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $211,500 (Median Sales Price) $207,000 (Median Sales Price) $216,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
100
11.5
% (y-o-y)
$126,000
13.0
% (y-o-y)
27.0%
20.2
% (y-o-y)
Lockport
95
21.8
% (y-o-y)
$185,000
1.2
% (y-o-y)
20.5%
12.4
% (y-o-y)
Tinley Park
86
7.5
% (y-o-y)
$175,000
7.7
% (y-o-y)
34.3%
26.2
% (y-o-y)
Midlothian
58
20.8
% (y-o-y)
$80,000
3.9
% (y-o-y)
16.3%
24.7
% (y-o-y)
Mokena
56
9.8
% (y-o-y)
$234,600
8.0
% (y-o-y)
26.3%
30.4
% (y-o-y)
Frankfort
56
15.2
% (y-o-y)
$265,000
5.4
% (y-o-y)
28.3%
33.4
% (y-o-y)
New Lenox
50
5.7
% (y-o-y)
$229,475
3.8
% (y-o-y)
20.5%
21.8
% (y-o-y)
Oak Forest
29
14.7
% (y-o-y)
$161,000
7.3
% (y-o-y)
26.4%
29.7
% (y-o-y)
Palos Hills
29
16.0
% (y-o-y)
$115,000
35.3
% (y-o-y)
21.7%
6.5
% (y-o-y)
Markham
27
17.4
% (y-o-y)
$34,750
17.3
% (y-o-y)
25.9%
50.0
% (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: 6.20%
Percentage of vacant homes: 2.91%