Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $277,000
    4% ( $12,900 ) vs May 2014
  • Median Sales Price
    $219,000
    4% ( $8,250 ) vs May 2014
  • Median Foreclosure Sales Price
    $113,000
    1% ( $1,000 ) vs May 2014
  • Foreclosures 249
    Homes for Sale 289
    Recently Sold 216

Market Summary

There are currently 249 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 289.

In June, the number of properties that received a foreclosure filing in Orland Park, IL was 21% lower than the previous month and 18% lower than the same time last year.

Home sales for May 2015 were up 85% compared with the previous month, and down 55% compared with a year ago. The median sales price of a non-distressed home was $219,000. The median sales price of a foreclosure home was $113,000, or 48% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$113,000 (Median Foreclosure 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) $219,000 (Median 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) $113,000 (Median Foreclosure 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) $219,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Tinley Park
75
12.8
% (y-o-y)
$177,000
1.1
% (y-o-y)
18.9%
34.3
% (y-o-y)
Oak Lawn
50
50.0
% (y-o-y)
$128,250
1.0
% (y-o-y)
48.1%
27.6
% (y-o-y)
Country Club Hills
36
56.5
% (y-o-y)
$52,500
55.3
% (y-o-y)
4.3%
51.5
% (y-o-y)
Midlothian
36
37.9
% (y-o-y)
$87,000
8.8
% (y-o-y)
14.4%
16.3
% (y-o-y)
Oak Forest
34
17.2
% (y-o-y)
$131,500
18.1
% (y-o-y)
18.3%
26.2
% (y-o-y)
Palos Hills
24
17.2
% (y-o-y)
$140,000
21.7
% (y-o-y)
57.1%
21.7
% (y-o-y)
Alsip
21
5.0
% (y-o-y)
$101,500
32.2
% (y-o-y)
30.5%
33.9
% (y-o-y)
Markham
18
33.3
% (y-o-y)
$33,000
5.0
% (y-o-y)
39.4%
25.9
% (y-o-y)
Palos Heights
16
30.4
% (y-o-y)
$254,500
15.2
% (y-o-y)
Data not available
Hickory Hills
13
30.0
% (y-o-y)
$180,000
87.5
% (y-o-y)
34.4%
37.4
% (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: 5.10%
Percentage of vacant homes: 2.91%