Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $259,000
    10% ( $24,000 ) vs Feb 2014
  • Median Sales Price
    $210,000
    2% ( $5,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $112,000
    3% ( $3,000 ) vs Feb 2014
  • Foreclosures 252
    Homes for Sale 234
    Recently Sold 489

Market Summary

There are currently 252 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 234.

In March, the number of properties that received a foreclosure filing in Orland Park, IL was 195% higher than the previous month and 51% higher than the same time last year.

Home sales for February 2015 were down 49% compared with the previous month, and down 34% compared with a year ago. The median sales price of a non-distressed home was $210,000. The median sales price of a foreclosure home was $112,000, or 47% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$112,000 (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) $168,000 (Median Foreclosure 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) $215,000 (Median Sales Price) $112,000 (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) $168,000 (Median Foreclosure 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) $215,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
44
35.3
% (y-o-y)
$133,250
15.9
% (y-o-y)
32.5%
9.6
% (y-o-y)
Tinley Park
36
40.0
% (y-o-y)
$167,250
1.4
% (y-o-y)
28.3%
23.6
% (y-o-y)
Midlothian
31
22.5
% (y-o-y)
$92,500
9.8
% (y-o-y)
25.1%
51.9
% (y-o-y)
Country Club Hills
23
28.1
% (y-o-y)
$56,800
36.9
% (y-o-y)
25.6%
43.9
% (y-o-y)
Alsip
20
33.3
% (y-o-y)
$137,000
15.6
% (y-o-y)
32.1%
45.1
% (y-o-y)
Oak Forest
20
20.0
% (y-o-y)
$137,500
2.6
% (y-o-y)
18.2%
8.6
% (y-o-y)
Markham
10
28.6
% (y-o-y)
$42,500
34.6
% (y-o-y)
Data not available
Palos Heights
10
9.1
% (y-o-y)
$220,000
10.0
% (y-o-y)
Data not available
Chicago Ridge
10
41.2
% (y-o-y)
$73,500
6.9
% (y-o-y)
11.6%
24.4
% (y-o-y)
Hickory Hills
10
11.1
% (y-o-y)
$165,000
17.5
% (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: 5.70%
Percentage of vacant homes: 2.91%