Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $277,450
    7% ( $18,450 ) vs Mar 2014
  • Median Sales Price
    $204,500
    3% ( $5,500 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $108,000
    5% ( $5,500 ) vs Mar 2014
  • Foreclosures 244
    Homes for Sale 274
    Recently Sold 388

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 274.

In April, the number of properties that received a foreclosure filing in Orland Park, IL was 49% lower than the previous month and 19% lower than the same time last year.

Home sales for March 2015 were down 66% compared with the previous month, and down 82% compared with a year ago. The median sales price of a non-distressed home was $204,500. The median sales price of a foreclosure home was $108,000, or 47% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$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) $146,250 (Median Foreclosure 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) $211,500 (Median 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) $146,250 (Median Foreclosure 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) $211,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
39
55.2
% (y-o-y)
$140,000
23.9
% (y-o-y)
48.9%
11.9
% (y-o-y)
Tinley Park
31
45.6
% (y-o-y)
$164,000
1.4
% (y-o-y)
10.4%
26.9
% (y-o-y)
Country Club Hills
29
7.4
% (y-o-y)
$56,800
44.6
% (y-o-y)
11.5%
42.7
% (y-o-y)
Lockport
28
50.0
% (y-o-y)
$194,500
8.7
% (y-o-y)
Data not available
Midlothian
21
51.2
% (y-o-y)
$130,500
58.7
% (y-o-y)
46.4%
34.1
% (y-o-y)
Chicago Ridge
21
50.0
% (y-o-y)
$75,000
0.3
% (y-o-y)
Data not available
Frankfort
19
45.7
% (y-o-y)
$232,000
9.0
% (y-o-y)
28.9%
25.9
% (y-o-y)
Markham
15
7.1
% (y-o-y)
$38,750
3.1
% (y-o-y)
Data not available
Oak Forest
15
48.3
% (y-o-y)
$140,000
1.4
% (y-o-y)
40.0%
10.2
% (y-o-y)
Palos Hills
13
50.0
% (y-o-y)
$137,500
20.1
% (y-o-y)
Data not available

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: 5.40%
Percentage of vacant homes: 2.91%