REAL ESTATE MARKET

MELROSE PARK, ILLINOIS

August 2021

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MELROSE PARK REAL ESTATE

IS A SELLER'S MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 4.56months
    To Sell All Homes Presently For Sale
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HOW MUCH DID melrose park BUYER PAY?

Buyers payed

Under asking price

7

Buyers payed

At asking price

4

Buyers payed

Over asking price

14

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

August 2021

  • Active Homes For Sale

Last 12 Months

237

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

Active Homes For Sale

  • July 2020

    84

  • July 2021

    90

Homes Sold

  • July 2020

    17

  • July 2021

    25
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 21

CONDOS

Sold 3
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HOW LONG DOES IT TAKE TO SELL IN melrose park?

melrose park Single Family Homes

Sell Faster In July Vs June

  • June 2021

    19 days

  • July 2021

    17 days

melrose park Condo, duplex & town-homes

Sell Slower In July Vs June

  • June 2021

    5 days

  • July 2021

    11 days
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HOW ARE PRICES TRENDING IN melrose park?

Avarage list price increase

Good for seller

  • June

    $288K

  • July

    $297K

Median sold price decrease

Buyers bargain harder

  • June

    $269K

  • July

    $265K
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WHAT CAN I BUY IN melrose park ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$120K-$192K
Bedrooms
2.3
Bathrooms
1.3
Home size
985.7Sq. Ft.
$192K-$300K
Bedrooms
2.9
Bathrooms
1.9
Home size
1419.4Sq. Ft.
$300K-$335K
Bedrooms
3.4
Bathrooms
2.6
Home size
1807.8Sq. 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 (7 for sale) View Homes For Sale

New For Sale in Melrose Park

Date Address Beds Baths Sq.Ft. Price
Aug 02, 2021 1740 14th 2 1 867 ft2 $205K
1747 24th, Melrose Park, IL 60160 Jul 25, 2021 1747 24th 3 1 1,021 ft2 $265K
Jul 18, 2021 10459 schubert 2 2 1,633 ft2 $175K
Jul 05, 2021 915 24th 3 2 1,754 ft2 $239K
Aug 02, 2021 2704 landen 4 2 1,450 ft2 $133K
10516 Diversey, Melrose Park, IL 60164 Jul 22, 2021 10516 diversey 4 2 1,680 ft2 $265K
Aug 02, 2021 1700 riverwoods 2 2 1,292 ft2 $279K
Aug 04, 2021 825 rowlett 3 2 1,278 ft2 $255K
Aug 04, 2021 3000 rhodes 3 2 0 ft2 $270K