Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,900
    3% ( $7,100 ) vs Jun 2014
  • Median Sales Price
    $238,000
    9% ( $19,000 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $152,750
    35% ( $39,750 ) vs Jun 2014
  • Foreclosures 241
    Homes for Sale 308
    Recently Sold 164

Market Summary

There are currently 241 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 308.

In July, the number of properties that received a foreclosure filing in Orland Park, IL was 78% higher than the previous month and 41% higher than the same time last year.

Home sales for June 2015 were down 20% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $238,000. The median sales price of a foreclosure home was $152,750, or 36% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$152,750 (Median Foreclosure 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) $238,000 (Median 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) $152,750 (Median Foreclosure 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) $238,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
66
21.4
% (y-o-y)
$150,000
16.3
% (y-o-y)
25.3%
15.7
% (y-o-y)
Tinley Park
49
47.9
% (y-o-y)
$180,566
0.9
% (y-o-y)
35.2%
33.0
% (y-o-y)
Midlothian
39
11.4
% (y-o-y)
$87,000
4.8
% (y-o-y)
36.2%
25.3
% (y-o-y)
Country Club Hills
31
244.4
% (y-o-y)
$69,000
44.8
% (y-o-y)
29.7%
55.6
% (y-o-y)
Oak Forest
27
41.3
% (y-o-y)
$149,000
6.9
% (y-o-y)
26.8%
20.2
% (y-o-y)
Palos Hills
18
18.2
% (y-o-y)
$140,000
21.7
% (y-o-y)
56.1%
4.1
% (y-o-y)
Alsip
18
28.0
% (y-o-y)
$101,500
24.3
% (y-o-y)
42.4%
31.0
% (y-o-y)
Markham
14
16.7
% (y-o-y)
$64,500
84.3
% (y-o-y)
65.5%
19.3
% (y-o-y)
Chicago Ridge
10
16.7
% (y-o-y)
$95,000
29.6
% (y-o-y)
Data not available
Hickory Hills
10
16.7
% (y-o-y)
$195,000
112.0
% (y-o-y)
39.5%
47.8
% (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: 5.30%
Percentage of vacant homes: 2.91%