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Franklin Park, IL Real Estate & Property Data

Franklin Park Real Estate Market Trends

Last Updated: April 20, 2024

Accurate and comprehensive real estate data is critical for insight into Franklin Park, IL. ATTOM’s Franklin Park real estate data is updated daily, and current market trends show that in Franklin Park, IL a total of 176 residential properties have sold over the past year. With a median home price of $315,000 in Franklin Park and a total of 1 foreclosures. Get detailed property data for Franklin Park, IL instantly. ATTOM is your one-stop-shop for the Franklin Park property reports and real estate data you need in Franklin Park, IL.

Franklin Park Real Estate Market Trends

Get property data for any address in Franklin Park, IL or the country:

Total Residential Properties 5,446

Total Commercial Properties 391

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 1,238

Total 2024 Residential Sales (year-to-date) 17

% of Homes Seriously Underwater (Q2 2024) 0.86%

Total 2023 Residential Sales 179

% of Equity Rich Homes (Q2 2024) 36.91%

Effective 2023 Property Tax 2.12%

Total Foreclosure Filings (year-to-date) 2

Franklin Park, IL Real Estate Overview

There were 176 residential properties sold in the past year in Franklin Park, IL. The median home value in Franklin Park, IL is $268,902. There are a total of 5,446 residential properties in the Franklin Park.

Median Sales Price i

$315,000

(Feb 2024)

+5.4%

year-over-year

y-o-y

February '24 Feb '24 $315,000
January '24 Jan '24 $300,000
December '23 Dec '23 $315,000
November '23 Nov '23 $245,000
October '23 Oct '23 $340,000
September '23 Sep '23 $322,500
August '23 Aug '23 $310,000
July '23 Jul '23 $305,000
June '23 Jun '23 $275,000
May '23 May '23 $294,000
April '23 Apr '23 $300,000
March '23 Mar '23 $266,000

Median Down Payment i

$40,500

(Feb 2024)

-32.6%

year-over-year

y-o-y

February '24 Feb '24 $40,500
January '24 Jan '24 $25,500
December '23 Dec '23 $15,000
November '23 Nov '23 $48,125
October '23 Oct '23 $17,000
September '23 Sep '23 $20,500
August '23 Aug '23 $60,000
July '23 Jul '23 $10,800
June '23 Jun '23 $6,900
May '23 May '23 $11,438
April '23 Apr '23 $15,025
March '23 Mar '23 $30,700

Number of Homes Sold i

7

(Feb 2024)

-12.5%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 10
December '23 Dec '23 18
November '23 Nov '23 8
October '23 Oct '23 13
September '23 Sep '23 19
August '23 Aug '23 15
July '23 Jul '23 9
June '23 Jun '23 16
May '23 May '23 26
April '23 Apr '23 14
March '23 Mar '23 13

Number of Purchase Loans i

8

(Feb 2024)

+14.3%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 8
December '23 Dec '23 20
November '23 Nov '23 6
October '23 Oct '23 8
September '23 Sep '23 17
August '23 Aug '23 15
July '23 Jul '23 12
June '23 Jun '23 14
May '23 May '23 21
April '23 Apr '23 16
March '23 Mar '23 14

Number of REFI Loans i

4

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 6
December '23 Dec '23 6
November '23 Nov '23 5
October '23 Oct '23 9
September '23 Sep '23 7
August '23 Aug '23 1
July '23 Jul '23 12
June '23 Jun '23 5
May '23 May '23 8
April '23 Apr '23 8
March '23 Mar '23 12

Number of HELOC Loans i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 3
September '23 Sep '23 3
August '23 Aug '23 N/A
July '23 Jul '23 5
June '23 Jun '23 2
May '23 May '23 4
April '23 Apr '23 5
March '23 Mar '23 1

Franklin Park, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60131
$268,902 $217.17/sqft

Franklin Park, IL Foreclosure Activity

There were a total of 1 Franklin Park, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 2
September '23 Sep '23 2
August '23 Aug '23 2
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 5
April '23 Apr '23 3
March '23 Mar '23 4

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 1
June '23 Jun '23 N/A
May '23 May '23 5
April '23 Apr '23 1
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 1

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