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Melrose Park, IL Real Estate & Property Data

Melrose Park Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Melrose Park, IL. ATTOM’s Melrose Park real estate data is updated daily, and current market trends show that in Melrose Park, IL a total of 323 residential properties have sold over the past year. With a median home price of $294,000 in Melrose Park and a total of 5 foreclosures. Get detailed property data for Melrose Park, IL instantly. ATTOM is your one-stop-shop for the Melrose Park property reports and real estate data you need in Melrose Park, IL.

Melrose Park Real Estate Market Trends
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    • Zip Code: 60093
    • City: Chicago, IL
    • Address: 123 Main St, Chicago, IL
Total Residential Properties 9,799
Total Commercial Properties 948
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,409
Total 2024 Residential Sales (year-to-date) 23
% of Homes Seriously Underwater (Q2 2024) 0.82%
Total 2023 Residential Sales 317
% of Equity Rich Homes (Q2 2024) 39.86%
Effective 2023 Property Tax 1.93%
Total Foreclosure Filings (year-to-date) 8
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Melrose Park, IL Real Estate Overview

There were 323 residential properties sold in the past year in Melrose Park, IL. The median home value in Melrose Park, IL is $265,780. There are a total of 9,799 residential properties in the Melrose Park.

Median Sales Price i
$294,000
(Feb 2024)
+0.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $294,000
  • January '24 Jan '24 $300,000
  • December '23 Dec '23 $305,000
  • November '23 Nov '23 $312,500
  • October '23 Oct '23 $305,000
  • September '23 Sep '23 $299,000
  • August '23 Aug '23 $284,500
  • July '23 Jul '23 $297,500
  • June '23 Jun '23 $320,000
  • May '23 May '23 $260,000
  • April '23 Apr '23 $267,000
  • March '23 Mar '23 $267,000
Median Down Payment i
$9,450
(Feb 2024)
-27%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 $9,450
  • January '24 Jan '24 $10,875
  • December '23 Dec '23 $15,575
  • November '23 Nov '23 $19,995
  • October '23 Oct '23 $12,750
  • September '23 Sep '23 $11,275
  • August '23 Aug '23 $24,250
  • July '23 Jul '23 $6,612
  • June '23 Jun '23 $7,532
  • May '23 May '23 $7,500
  • April '23 Apr '23 $11,375
  • March '23 Mar '23 $16,500
Number of Homes Sold i
9
(Feb 2024)
-59.1%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 9
  • January '24 Jan '24 14
  • December '23 Dec '23 38
  • November '23 Nov '23 31
  • October '23 Oct '23 27
  • September '23 Sep '23 26
  • August '23 Aug '23 32
  • July '23 Jul '23 33
  • June '23 Jun '23 18
  • May '23 May '23 16
  • April '23 Apr '23 32
  • March '23 Mar '23 25
Number of Purchase Loans i
8
(Feb 2024)
-52.9%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 8
  • January '24 Jan '24 11
  • December '23 Dec '23 32
  • November '23 Nov '23 20
  • October '23 Oct '23 24
  • September '23 Sep '23 21
  • August '23 Aug '23 30
  • July '23 Jul '23 27
  • June '23 Jun '23 17
  • May '23 May '23 14
  • April '23 Apr '23 26
  • March '23 Mar '23 19
Number of REFI Loans i
13
(Feb 2024)
+116.7%
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 13
  • January '24 Jan '24 13
  • December '23 Dec '23 12
  • November '23 Nov '23 10
  • October '23 Oct '23 12
  • September '23 Sep '23 17
  • August '23 Aug '23 6
  • July '23 Jul '23 8
  • June '23 Jun '23 14
  • May '23 May '23 10
  • April '23 Apr '23 14
  • March '23 Mar '23 7
Number of HELOC Loans i
2
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 2
  • January '24 Jan '24 8
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 8
  • September '23 Sep '23 9
  • August '23 Aug '23 8
  • July '23 Jul '23 N/A
  • June '23 Jun '23 5
  • May '23 May '23 8
  • April '23 Apr '23 5
  • March '23 Mar '23 7

Melrose Park, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Melrose Park, IL Foreclosure Activity

There were a total of 5 Melrose Park, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
5
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 5
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 6
  • August '23 Aug '23 9
  • July '23 Jul '23 8
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 8
  • March '23 Mar '23 8
Foreclosure Starts i
3
(Feb 2024)
year-over-year
y-o-y
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 3
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 3
  • August '23 Aug '23 8
  • July '23 Jul '23 6
  • June '23 Jun '23 3
  • May '23 May '23 3
  • April '23 Apr '23 5
  • March '23 Mar '23 5
Completed Foreclosures (REOs) i
List Graph
1 year 3 years Subscribe 5 years Subscribe
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 4
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