REAL ESTATE MARKET

MELROSE PARK, ILLINOIS

November 2020

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MELROSE PARK REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 6months
    To Sell All Homes Presently For Sale
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HOW MUCH DID melrose park BUYER PAY?

Buyers payed

Under asking price

10

Buyers payed

At asking price

4

Buyers payed

Over asking price

8

There are more melrose park buyers paying under asking price.
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WHY DOES melrose park HAVE A BALANCED MARKET?

November 2020

93

  • Active Homes For Sale

Last 12 Months

186

  • Homes Sold
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HOW melrose park market trend from last Year?

Active Homes For Sale

  • October 2019

    81

  • October 2020

    93

Homes Sold

  • October 2019

    11

  • October 2020

    22
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 14

CONDOS

Sold 5
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HOW LONG DOES IT TAKE TO SELL IN melrose park?

melrose park Single Family Homes

Sell Faster In October Vs September

  • September 2020

    53 days

  • October 2020

    31 days

melrose park Condo, duplex & town-homes

Sell Faster In October Vs September

  • September 2020

    45 days

  • October 2020

    36 days
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HOW ARE PRICES TRENDING IN melrose park?

Avarage list price increase

Good for seller

  • September

    $254K

  • October

    $259K

Median sold price increase

Good for seller

  • September

    $231K

  • October

    $237K
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WHAT CAN I BUY IN melrose park ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$133K-$185K
Bedrooms
3
Bathrooms
2.3
Home size
1310.3Sq. Ft.
$185K-$308K
Bedrooms
3.1
Bathrooms
2
Home size
1422.7Sq. Ft.
$308K-$379K
Bedrooms
4.3
Bathrooms
3
Home size
1917.5Sq. Ft.
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WHAT IS FOR SALE IN melrose park TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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melrose park REAL ESTATE MEDIAN SALES PRICE BY MONTH

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melrose park SOLD LISTINGS

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melrose park ACTIVE FOR SALE LISTINGS

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melrose park TRANSACTION VOLUME IN US DOLLARS

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melrose park MONTH SUPPLY INVENTORY

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Schools in melrose park

School Name Grand Level For Sale
jane addams elementary school Pre-School - 8th Grade View Homes For Sale
stevenson elementary school Pre-School - 8th Grade View Homes For Sale
grant elementary school 1th Grade - 4th Grade View Homes For Sale
melrose park elementary school Pre-School - 8th Grade View Homes For Sale
scott elementary school Pre-School - 5th Grade View Homes For Sale
School Name Grand Level For Sale
mannheim middle school 6th Grade - 8th Grade View Homes For Sale

Subdivisions in melrose park

Subdivision
winston park (2 for sale) View Homes For Sale

New For Sale in Melrose Park

Date Address Beds Baths Sq.Ft. Price
Nov 25, 2020 10138 mclean 2 1 850 ft2 $140K
1406 20th, Melrose Park, IL 60160 Nov 27, 2020 1406 20th 2 1 784 ft2 $180K
Jun 10, 2020 2629 landen 2 1 816 ft2 $259K
10532 Drummond, Melrose Park, IL 60164 Nov 27, 2020 10532 drummond 3 1 0 ft2 $225K
3105 Division, Melrose Park, IL 60160 Nov 18, 2020 3105 division 4 1 1,200 ft2 $195K
Aug 03, 2020 10413 palmer 4 2 1,572 ft2 $155K
Nov 20, 2020 1521 32nd 4 2 2,000 ft2 $225K
Nov 26, 2020 1524 31st 6 2 5,602 ft2 $245K
Oct 10, 2020 1704 12th 3 2 1,859 ft2 $270K