Tinley Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 1,099 transactions over the past year in Tinley Park. The median value for residential home transactions that occurred over the previous year is $355,924. The number of current listings in Tinley Park is 672, and the percentage of properties for sale in the city is 672.00%. Tinley Park, IL currently has 113 properties in foreclosure, 12 bank owned properties, 10 properties headed for auction, and 672 properties for sale.
Tinley Park, IL Real Estate Market Overview
Housing Market Summary for Tinley Park, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $352.4K | $345K | -2.11% |
| Median Sold Price | $326.7K | $313K | -4.18% |
| Homes For Sale | 508 | 673 | 32.48% |
| Homes Sold | 552 | 554 | 0.36% |
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 Tinley Park, IL
Browse Homes in Tinley Park, IL
Tinley Park home values range from $117,593 to $779,135. The median estimated value of a home in Tinley Park is $355,924. The median list price of a home is 345,000, and the total count of properties in the city is 1,447.
- Pre-ForeclosurePre-foreclosure homes account for 6.29% of all residential properties in Tinley Park, IL with 60477 containing 69 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Tinley Park, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $571,487 in 60487 to the lowest home value of $125,440 in 60477.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Tinley Park, IL ranges from the highest value of $549,329 in 60487 to the lowest value of $197,856 in 60477. Bank owned homes and properties account for 0.83% of properties in Tinley Park, IL. There are 2 zips within Tinley Park, IL; 60477 containing 11 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60477 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Tinley Park, IL. Auction homes and other auction properties account for 0.69% of all properties in Tinley Park, IL. There are 2 zips within Tinley Park, IL; of those zips, the median estimated home value for homes going to auction ranges from $393,564 in 60487 to the lowest value of $169,411 in 60487.
Compare Nearby Cities
More Real Estate Resources for Tinley Park, IL
Guide for Tinley Park, IL
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.
