REAL ESTATE MARKET

MELROSE PARK, ILLINOIS

August 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?
  • 5.86months
    To Sell All Homes Presently For Sale
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HOW MUCH DID melrose park BUYER PAY?

Buyers payed

Under asking price

9

Buyers payed

At asking price

1

Buyers payed

Over asking price

7

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

August 2020

84

  • Active Homes For Sale

Last 12 Months

172

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

Active Homes For Sale

  • July 2019

    89

  • July 2020

    84

Homes Sold

  • July 2019

    14

  • July 2020

    17
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 13

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 2020

    86 days

  • July 2020

    41 days

melrose park Condo, duplex & town-homes

Sell Faster In July Vs June

  • June 2020

    29 days

  • July 2020

    14 days
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HOW ARE PRICES TRENDING IN melrose park?

Avarage list price decrease

Buyers bargain harder

  • June

    $240K

  • July

    $237K

Median sold price increase

Good for seller

  • June

    $185K

  • July

    $235K
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WHAT CAN I BUY IN melrose park ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$139K-$187K
Bedrooms
1.8
Bathrooms
1.2
Home size
890.2Sq. Ft.
$187K-$310K
Bedrooms
3.4
Bathrooms
2.1
Home size
1754.9Sq. Ft.
$310K-$385K
Bedrooms
3.7
Bathrooms
3.7
Home size
1986Sq. 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
Jul 27, 2020 1613 19th 2 1 950 ft2 $175K
Jun 04, 2020 2629 landen 2 1 816 ft2 $259K
Jul 28, 2020 10413 palmer 4 2 1,572 ft2 $155K
Jun 11, 2020 9740 castello 4 2 1,180 ft2 $170K
Feb 20, 2020 1624 33rd 3 2 782 ft2 $130K
Jul 07, 2020 2714 melrose 3 2 1,222 ft2 $199K
Jul 20, 2020 9656 dickens 3 2 1,100 ft2 $219K
Jul 15, 2020 1421 silver creek 4 2 1,218 ft2 $205K
2101 Fairfield, Melrose Park, IL 60164 Mar 19, 2020 2101 fairfield 4 2 0 ft2 $339K