Orland Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,900
    0% ( $0 ) vs Oct 2013
  • Median Sales Price
    $211,000
    2% ( $4,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $146,250
    13% ( $21,750 ) vs Oct 2013
  • Foreclosures 290
    Homes for Sale 173
    Recently Sold 760

Market Summary

There are currently 290 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 173.

In November, the number of properties that received a foreclosure filing in Orland Park, IL was 30% lower than the previous month and 12% lower than the same time last year.

Home sales for October 2014 were down 10% compared with the previous month, and up 29% compared with a year ago. The median sales price of a non-distressed home was $211,000. The median sales price of a foreclosure home was $146,250, or 31% lower than non-distressed home sales.

Sales Prices - Orland Park, IL




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$146,250 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure 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) $211,000 (Median Sales Price) $215,000 (Median Sales Price) $222,000 (Median Sales Price) $215,000 (Median Sales Price) $208,000 (Median Sales Price) $205,000 (Median Sales Price) $146,250 (Median Foreclosure Sales Price) $168,000 (Median Foreclosure 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) $211,000 (Median Sales Price) $215,000 (Median Sales Price) $222,000 (Median Sales Price) $215,000 (Median Sales Price) $208,000 (Median Sales Price) $205,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oak Lawn
140
18.6
% (y-o-y)
$149,000
3.9
% (y-o-y)
22.7%
32.9
% (y-o-y)
Tinley Park
93
8.8
% (y-o-y)
$190,000
0.0
% (y-o-y)
34.5%
25.3
% (y-o-y)
Lockport
66
40.5
% (y-o-y)
$214,500
11.4
% (y-o-y)
17.9%
21.0
% (y-o-y)
Midlothian
52
14.8
% (y-o-y)
$96,750
13.6
% (y-o-y)
9.0%
28.6
% (y-o-y)
Palos Hills
46
39.4
% (y-o-y)
$135,000
28.0
% (y-o-y)
18.5%
1.7
% (y-o-y)
Frankfort
45
0.0
% (y-o-y)
$272,500
0.0
% (y-o-y)
Data not available
Oak Forest
40
8.1
% (y-o-y)
$155,000
4.7
% (y-o-y)
34.7%
19.1
% (y-o-y)
Alsip
36
20.0
% (y-o-y)
$117,500
3.5
% (y-o-y)
38.1%
38.3
% (y-o-y)
New Lenox
36
40.0
% (y-o-y)
$248,000
5.5
% (y-o-y)
33.1%
21.3
% (y-o-y)
Country Club Hills
33
5.7
% (y-o-y)
$72,500
38.3
% (y-o-y)
28.3%
63.8
% (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%