Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,900
    6% ( $16,310 ) vs Mar 2015
  • Median Sales Price
    $220,000
    2% ( $5,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $199,000
    3% ( $6,000 ) vs Mar 2015
  • Foreclosures 244
    Homes for Sale 282
    Recently Sold 508

Market Summary

There are currently 244 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 282.

In April, the number of properties that received a foreclosure filing in Orland Park, IL was 29% lower than the previous month and 20% lower than the same time last year.

Home sales for March 2016 were up 33% compared with the previous month, and up 510% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $199,000, or 10% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$199,000 (Median Foreclosure 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) $220,000 (Median 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) $199,000 (Median Foreclosure 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) $220,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
74
89.7
% (y-o-y)
$152,250
8.8
% (y-o-y)
46.8%
48.9
% (y-o-y)
Tinley Park
74
131.3
% (y-o-y)
$178,250
8.7
% (y-o-y)
20.1%
9.9
% (y-o-y)
Lockport
47
38.2
% (y-o-y)
$223,500
14.8
% (y-o-y)
34.9%
5.1
% (y-o-y)
Midlothian
40
90.5
% (y-o-y)
$95,500
26.8
% (y-o-y)
40.3%
46.4
% (y-o-y)
Mokena
37
236.4
% (y-o-y)
$229,800
27.0
% (y-o-y)
22.3%
6.4
% (y-o-y)
Frankfort
37
76.2
% (y-o-y)
$270,000
16.4
% (y-o-y)
38.7%
28.9
% (y-o-y)
New Lenox
35
600.0
% (y-o-y)
$221,500
19.7
% (y-o-y)
10.2%
9.9
% (y-o-y)
Oak Forest
32
113.3
% (y-o-y)
$155,750
11.3
% (y-o-y)
5.0%
40.0
% (y-o-y)
Alsip
28
300.0
% (y-o-y)
$142,500
4.0
% (y-o-y)
47.7%
32.1
% (y-o-y)
Country Club Hills
25
13.8
% (y-o-y)
$120,879
112.8
% (y-o-y)
59.5%
11.5
% (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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