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Melrose Park, IL 60160 Real Estate & Property Data

Melrose Park, IL 60160 Real Estate Market Trends

Last Updated: May 01, 2024

A total of 122 residential properties have been sold over the past 12 months in 60160. With a median sales price of $288,750 in 60160 and a total of 2 foreclosures in Melrose Park, IL 60160. Discover market trends and get the granular level real estate data for Melrose Park, IL 60160 to keep your pulse on the housing market. Curate compelling home reports for Melrose Park, IL 60160 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Melrose Park, IL 60160 Real Estate Market Trends

Get property data for any address in Melrose Park, IL 60160 or the country:

Total Residential Properties 3,720

Total Commercial Properties 633

Avg. Home Age (Single Family Home) 78 Years

Avg. Square Feet (Single Family Home) 1,501

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

% of Homes Seriously Underwater (Q2 2024) 0.73%

Total 2023 Residential Sales 115

% of Equity Rich Homes (Q2 2024) 39.1%

Effective 2023 Property Tax 1.57%

Total Foreclosure Filings (year-to-date) 7

Melrose Park, IL 60160 Real Estate Overview

There were 122 residential properties sold in the past year in Melrose Park, IL 60160. The median home value in Melrose Park, IL 60160 is $281,500. There are a total of 3,720 residential properties in the 60160.

Median Sales Price i

$288,750

(Mar 2024)

+162.5%

year-over-year

y-o-y

March '24 Mar '24 $288,750
February '24 Feb '24 $294,000
January '24 Jan '24 $279,000
December '23 Dec '23 $350,000
November '23 Nov '23 $306,250
October '23 Oct '23 $317,500
September '23 Sep '23 $301,000
August '23 Aug '23 $270,500
July '23 Jul '23 $320,000
June '23 Jun '23 $361,250
May '23 May '23 $270,000
April '23 Apr '23 $260,000

Median Down Payment i

$14,740

(Mar 2024)

-46.4%

year-over-year

y-o-y

March '24 Mar '24 $14,740
February '24 Feb '24 $9,450
January '24 Jan '24 $21,750
December '23 Dec '23 $13,250
November '23 Nov '23 $32,858
October '23 Oct '23 $8,177
September '23 Sep '23 $15,050
August '23 Aug '23 $25,448
July '23 Jul '23 $162,173
June '23 Jun '23 $32,532
May '23 May '23 N/A
April '23 Apr '23 $10,339

Number of Homes Sold i

8

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 8
February '24 Feb '24 4
January '24 Jan '24 5
December '23 Dec '23 20
November '23 Nov '23 13
October '23 Oct '23 10
September '23 Sep '23 12
August '23 Aug '23 9
July '23 Jul '23 7
June '23 Jun '23 7
May '23 May '23 5
April '23 Apr '23 14

Number of Purchase Loans i

8

(Mar 2024)

+60%

year-over-year

y-o-y

March '24 Mar '24 8
February '24 Feb '24 6
January '24 Jan '24 5
December '23 Dec '23 17
November '23 Nov '23 8
October '23 Oct '23 9
September '23 Sep '23 10
August '23 Aug '23 8
July '23 Jul '23 5
June '23 Jun '23 8
May '23 May '23 4
April '23 Apr '23 12

Number of REFI Loans i

7

(Mar 2024)

+250%

year-over-year

y-o-y

March '24 Mar '24 7
February '24 Feb '24 4
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 5
September '23 Sep '23 9
August '23 Aug '23 2
July '23 Jul '23 4
June '23 Jun '23 1
May '23 May '23 6
April '23 Apr '23 6

Number of HELOC Loans i

4

(Mar 2024)

+100%

year-over-year

y-o-y

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

Melrose Park, IL 60160 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Melrose Park, IL 60160 Foreclosure Activity

There were a total of 2 Melrose Park, IL 60160 properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

2

(Mar 2024)

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

Foreclosure Starts i

1

(Mar 2024)

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

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
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 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 1

Nearby Zip Codes

1. 60164

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