$350K
9.4% Y-o-Y
$30K Y-o-Y
Melrose Park, IL Housing Market Trends
Market Overview for Q3 2026
$235
-2.1% Y-o-Y
-$5 Y-o-Y
50
-16.7% Y-o-Y
-10 Y-o-Y
$370K
17% Y-o-Y
$54K Y-o-Y
Melrose Park, IL Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $250,000 | $265,000 | $270,000 | 0 |
| 2023 | $245,000 | $271,000 | $285,000 | $280,000 |
| 2024 | 0 | $290,000 | $294,000 | $285,000 |
| 2025 | 0 | $301,000 | $320,000 | 0 |
| 2026 | 0 | $327,000 | $350,000 |
Melrose Park, IL Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $203 | $197 | $207 | 0 |
| 2023 | $185 | $213 | $218 | $197 |
| 2024 | 0 | $220 | $233 | $222 |
| 2025 | 0 | $224 | $240 | 0 |
| 2026 | 0 | $265 | $235 |
Real Estate Transactions in Melrose Park, IL
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 88 | 101 | 84 | 0 |
| 2023 | 51 | 58 | 77 | 75 |
| 2024 | 0 | 56 | 78 | 73 |
| 2025 | 0 | 92 | 60 | 0 |
| 2026 | 0 | 58 | 50 |
Cook County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $275,000 | $300,000 | $280,000 | 0 |
| 2023 | $267,000 | $300,000 | $300,000 | $280,000 |
| 2024 | $290,000 | $325,000 | $320,000 | $305,000 |
| 2025 | $312,000 | $340,000 | $330,000 | $330,000 |
| 2026 | $325,000 | $360,000 | $358,000 |
Melrose Park, IL Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $250,000 | $265,000 | $270,000 | 0 |
| 2023 | $245,000 | $271,000 | $285,000 | $280,000 |
| 2024 | 0 | $290,000 | $294,000 | $285,000 |
| 2025 | 0 | $301,000 | $320,000 | 0 |
| 2026 | 0 | $327,000 | $350,000 |
Melrose Park, IL Median Sale Price/Sq. Ft.
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $203 | $197 | $207 | 0 |
| 2023 | $185 | $213 | $218 | $197 |
| 2024 | 0 | $220 | $233 | $222 |
| 2025 | 0 | $224 | $240 | 0 |
| 2026 | 0 | $265 | $235 |
Real Estate Transactions in Melrose Park, IL
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | 88 | 101 | 84 | 0 |
| 2023 | 51 | 58 | 77 | 75 |
| 2024 | 0 | 56 | 78 | 73 |
| 2025 | 0 | 92 | 60 | 0 |
| 2026 | 0 | 58 | 50 |
Cook County Median Sale Price
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2022 | $275,000 | $300,000 | $280,000 | 0 |
| 2023 | $267,000 | $300,000 | $300,000 | $280,000 |
| 2024 | $290,000 | $325,000 | $320,000 | $305,000 |
| 2025 | $312,000 | $340,000 | $330,000 | $330,000 |
| 2026 | $325,000 | $360,000 | $358,000 |
Melrose Park, IL Housing Stock
Property Type
Units
821
303
8,434
Cook County: Demographics
Total population
24,549
Median age
37.3
No high school education
16.0%
Some high school/college
44.8%
Bachelor's degree
9.5%
Average household income
$87,460
Occupied housing units
8,463
Owner-occupied units
56.7%
Renter-occupied units
43.3%
Median year structure built
1956
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