Tinley Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $215,500
    3% ( $5,600 ) vs May 2013
  • Median Sales Price
    $175,000
    5% ( $8,750 ) vs May 2013
  • Median Foreclosure Sales Price
    $115,000
    2% ( $2,250 ) vs May 2013
  • Foreclosures 489
    Homes for Sale 280
    Recently Sold 658

Market Summary

There are currently 489 properties in Tinley 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 280.

In June, the number of properties that received a foreclosure filing in Tinley Park, IL was 12% higher than the previous month and 26% lower than the same time last year.

Home sales for May 2014 were up 5% compared with the previous month, and down 3% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $115,000, or 34% lower than non-distressed home sales.

Sales Prices - Tinley Park, IL




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$115,000 (Median Foreclosure Sales Price) $112,750 (Median Foreclosure Sales Price) $121,500 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $146,000 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $166,250 (Median Sales Price) $166,250 (Median Sales Price) $165,000 (Median Sales Price) $175,750 (Median Sales Price) $178,000 (Median Sales Price) $115,000 (Median Foreclosure Sales Price) $112,750 (Median Foreclosure Sales Price) $121,500 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $146,000 (Median Foreclosure Sales Price) $135,000 (Median Foreclosure Sales Price) $175,000 (Median Sales Price) $166,250 (Median Sales Price) $166,250 (Median Sales Price) $165,000 (Median Sales Price) $175,750 (Median Sales Price) $178,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Orland Park
121
31.5
% (y-o-y)
$205,000
1.6
% (y-o-y)
22.0%
31.1
% (y-o-y)
Midlothian
58
20.8
% (y-o-y)
$80,000
3.9
% (y-o-y)
16.3%
24.7
% (y-o-y)
Mokena
56
9.8
% (y-o-y)
$234,600
8.0
% (y-o-y)
26.3%
30.4
% (y-o-y)
Frankfort
56
15.2
% (y-o-y)
$265,000
5.4
% (y-o-y)
28.3%
33.4
% (y-o-y)
Homewood
39
2.5
% (y-o-y)
$129,000
0.8
% (y-o-y)
25.6%
33.8
% (y-o-y)
Matteson
35
31.4
% (y-o-y)
$120,000
1.8
% (y-o-y)
27.5%
26.8
% (y-o-y)
Oak Forest
29
14.7
% (y-o-y)
$161,000
7.3
% (y-o-y)
26.4%
29.7
% (y-o-y)
Markham
27
17.4
% (y-o-y)
$34,750
17.3
% (y-o-y)
25.9%
50.0
% (y-o-y)
Country Club Hills
23
50.0
% (y-o-y)
$117,500
41.1
% (y-o-y)
51.5%
38.7
% (y-o-y)
Palos Heights
23
21.1
% (y-o-y)
$221,000
11.9
% (y-o-y)
Data not available

Local Info For Tinley Park

Population:
54,943
Cost of Living Index: 109.17
Crime Index: 34.54     Rating: A- View crime details
Schools: 12    Average School Rating: B View individual school rating
Household Median Income: $76,605
Unemployment: 6.60%
Percentage of vacant homes: 3.75%