Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $235,000
    2% ( $4,900 ) vs Jan 2014
  • Median Sales Price
    $215,000
    2% ( $5,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $115,000
    23% ( $35,000 ) vs Jan 2014
  • Foreclosures 276
    Homes for Sale 215
    Recently Sold 508

Market Summary

There are currently 276 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 215.

In February, the number of properties that received a foreclosure filing in Orland Park, IL was 43% lower than the previous month and 23% lower than the same time last year.

Home sales for January 2015 were down 28% compared with the previous month, and down 5% compared with a year ago. The median sales price of a non-distressed home was $215,000. The median sales price of a foreclosure home was $115,000, or 47% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$115,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $125,000 (Median Foreclosure Sales Price) $146,250 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price) $215,000 (Median Sales Price) $211,500 (Median Sales Price) $215,000 (Median Sales Price) $222,000 (Median 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) $168,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $220,000 (Median Sales Price) $215,000 (Median Sales Price) $211,500 (Median Sales Price) $215,000 (Median Sales Price) $222,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Tinley Park
66
13.2
% (y-o-y)
$166,000
5.5
% (y-o-y)
23.8%
16.9
% (y-o-y)
Lockport
60
45.9
% (y-o-y)
$190,000
8.3
% (y-o-y)
12.6%
10.0
% (y-o-y)
Oak Lawn
52
32.5
% (y-o-y)
$150,000
12.8
% (y-o-y)
41.7%
26.7
% (y-o-y)
Frankfort
33
37.7
% (y-o-y)
$283,250
2.6
% (y-o-y)
0.4%
36.8
% (y-o-y)
Midlothian
29
3.3
% (y-o-y)
$100,000
17.6
% (y-o-y)
52.5%
50.3
% (y-o-y)
New Lenox
29
37.0
% (y-o-y)
$226,900
2.9
% (y-o-y)
25.7%
15.5
% (y-o-y)
Mokena
26
7.1
% (y-o-y)
$226,500
10.1
% (y-o-y)
46.7%
20.6
% (y-o-y)
Alsip
23
4.5
% (y-o-y)
$124,500
1.0
% (y-o-y)
28.1%
38.3
% (y-o-y)
Palos Hills
21
5.0
% (y-o-y)
$124,500
15.9
% (y-o-y)
18.9%
42.4
% (y-o-y)
Oak Forest
19
58.7
% (y-o-y)
$152,500
6.6
% (y-o-y)
32.6%
17.5
% (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: 4.80%
Percentage of vacant homes: 2.91%