Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $273,950
    1% ( $1,451 ) vs Aug 2013
  • Median Sales Price
    $222,000
    3% ( $7,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $200,000
    8% ( $14,250 ) vs Aug 2013
  • Foreclosures 306
    Homes for Sale 277
    Recently Sold 711

Market Summary

There are currently 306 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 277.

In September, the number of properties that received a foreclosure filing in Orland Park, IL was 7% lower than the previous month and 35% lower than the same time last year.

Home sales for August 2014 were up 37% compared with the previous month, and down 28% compared with a year ago. The median sales price of a non-distressed home was $222,000. The median sales price of a foreclosure home was $200,000, or 10% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$200,000 (Median Foreclosure Sales Price) $185,750 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $144,500 (Median Foreclosure Sales Price) $222,000 (Median Sales Price) $215,000 (Median Sales Price) $208,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $200,000 (Median Foreclosure Sales Price) $185,750 (Median Foreclosure Sales Price) $163,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $144,500 (Median Foreclosure Sales Price) $222,000 (Median Sales Price) $215,000 (Median Sales Price) $208,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price) $205,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Tinley Park
93
39.6
% (y-o-y)
$190,000
7.6
% (y-o-y)
34.2%
21.8
% (y-o-y)
Oak Lawn
79
42.3
% (y-o-y)
$162,250
10.4
% (y-o-y)
26.0%
35.9
% (y-o-y)
Lockport
75
29.9
% (y-o-y)
$220,501
0.7
% (y-o-y)
23.8%
38.2
% (y-o-y)
Frankfort
67
30.9
% (y-o-y)
$285,000
12.4
% (y-o-y)
15.1%
2.2
% (y-o-y)
New Lenox
62
21.5
% (y-o-y)
$250,000
13.6
% (y-o-y)
32.0%
18.6
% (y-o-y)
Midlothian
51
10.5
% (y-o-y)
$97,000
17.9
% (y-o-y)
37.6%
7.0
% (y-o-y)
Oak Forest
42
8.7
% (y-o-y)
$160,000
6.7
% (y-o-y)
18.9%
25.0
% (y-o-y)
Mokena
38
43.3
% (y-o-y)
$221,500
4.9
% (y-o-y)
40.0%
28.8
% (y-o-y)
Palos Hills
23
37.8
% (y-o-y)
$124,000
29.2
% (y-o-y)
11.1%
17.7
% (y-o-y)
Alsip
22
53.2
% (y-o-y)
$136,500
14.2
% (y-o-y)
37.0%
10.5
% (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: 5.20%
Percentage of vacant homes: 2.91%