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Melrose Park, IL Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Melrose Park, IL Market Overview

Real estate market trends reflect that there have been 361 transactions over the past year in Melrose Park. The median value for residential home transactions that occurred over the previous year is $282,812. The number of current listings in Melrose Park is 6, and the percentage of properties for sale in the city is 16.2%. Melrose Park, IL currently has 31 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 6 properties for sale.
Active Residential Inventory
37
Total Inventory

Recently Sold Properties

243
Total Sales (Last 6 Months)
Foreclosures ( 31 )
83.8%
Pre-foreclosures ( 28 )
75.7%
Bank Owned ( 0 )
0%
Auctions ( 3 )
8.1%
For Sale ( 6 )
16.2%

Melrose Park, IL Home Values

$282,812
Melrose Park home values range from $58,371 to $726,696. The median estimated value of a home in Melrose Park is $282,812. The median list price of a home is $315,000, and the total count of properties in the city is 6,213.

Melrose Park, IL Real Estate Market Overview

Melrose Park, IL Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
60160
$310,827
$189.00/sqft
60164
$276,471
$206.00/sqft

There are 2 zip codes within Melrose Park, IL; within these zip codes, the median estimated home value for homes in foreclosure ranges from $418,398 in 60164 to the lowest value of $57,760 in 60164. Foreclosure homes account for 0.50% of properties in Melrose Park, IL with 60164 containing 39 foreclosures, the highest number of foreclosure properties in a single zip code.

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Melrose Park, IL

Melrose Park, IL Pre-foreclosures Market Overview
Last 24 Hours
Melrose Park, IL Bank Owned Market Overview
Last 24 Hours
Melrose Park, IL Auction Market Overview
Last 24 Hours
Melrose Park, IL For Sale Market Overview
Last 24 Hours
Melrose Park, IL Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 60164
2. 60160

Nearby Cities Melrose Park, IL

1.    Stone Park
2.    Franklin Park
3.    Bellwood
4.    Berkeley
5.    River Grove
6.    Maywood
7.    Schiller Park
8.    Hillside
9.    Elmhurst
10.    River Forest
11.    Elmwood Park
12.    Broadview
13.    Hines
14.    Westchester
15.    Forest Park
16.    Bensenville

Nearby Zip Codes Melrose Park, IL

1.    60165
2.    60164
3.    60160
4.    60131
5.    60104
6.    60163
7.    60171
8.    60153
9.    60701
10.    60176
11.    60162
12.    60126
13.    60305
14.    60707
15.    60155
16.    60141
17.    60634
  • Real Estate Market Trends
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