Melrose Park Real Estate Market

Melrose Park Market

The median sale price for homes in Melrose Park over the last 12 months is $128,000.


The median mortgage debt is $128,475.

Additional Statistics for Single Family Homes and Condos in Melrose Park, IL
$143,730
Median Listing Price
87
Median Days on Market
110
Active Listings
44.5%
Distressed Listings
(foreclosures and short sales)
Melrose Park, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Melrose Park is $146,950. The list prices dropped by -1.37% from the previous month.

The price per square foot for listings in this area is $102.

The median sale price in December for single family homes is $137,000. The sale prices increased by 52.22% from the previous month.

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Melrose Park, IL Market Inventory Trends

The number of active listings in Melrose Park dropped by 3.2% from the previous month.

The median number of days active properties have been listed is 88.

The number of sales in December dropped by 81.3% from the previous month.

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Melrose Park, IL Property Ownership

The percent of rental properties in Melrose Park is 18.52% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.