60164 Home Values & Market Trends
There are 166 homes currently listed for 60164. 60164 real estate market trends show that home prices range from $120,000 to $549,900, and the median sales price in the 60164 zip code is $315,474. The total number of properties sold within the past twelve months is 193. In 60164, 47 properties are in foreclosure, 2 are bank owned properties,and 7 are headed for auction.
Housing Market Summary for 60164
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $315K | $319K | 1.27% |
| Median Sold Price | $307.1K | $286K | -6.89% |
| Homes For Sale | 147 | 166 | 12.93% |
| Homes Sold | 103 | 88 | -14.56% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 60164
Browse Homes in 60164
The median list price of a home in Melrose Park, is $315,474. A total of 166 properties are for sale, and the percentage of properties for sale in the zip code is 166.00%. The total count of 60164 properties is 347.
- Pre-ForeclosurePre-foreclosure homes account for 10.95% of all residential properties in 60164 with melrose park containing 35 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60164; of that cities, the estimated home value for pre-foreclosure homes ranges from $506,000 in melrose park to the lowest home value of $217,442 in melrose park.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60164 ranges from the highest value of $419,891 in melrose park to the lowest value of $374,251 in melrose park. Bank owned homes and properties account for 0.58% of properties in 60164. There is 1 cities within 60164; melrose park containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmelrose park has 3 auction properties, the highest number of properties going to auction in a single city in the state of 60164. Auction homes and other auction properties account for 2.02% of all properties in 60164. There is 1 cities within 60164; of that cities, the median estimated home value for homes going to auction ranges from $396,196 in melrose park to the lowest value of $244,861 in melrose park.
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Guide for 60164
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
