Melrose Park, Illinois, Real Estate

What's Hot & What Not

absorption_rate

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Melrose Park, i.e. what's hot and what's not.

See What's Hot & What's Not in Melrose Park

Subdivisions/Buildings

Subdivisions/Buildings Median Price
No Photos Leyden Gardens
Leyden Gardens is a single family home subdivision located in Melrose Park, Illinois south of Fullerton Avenue and wst of 25th Avenue.
$120,000
No Photos Riverwoods
Riverwoods is a condominium complex built in 2002 and 2003. Riverwoods is located in Melrose Park, Illinois at 1700 Riverwoods Drive south of North Avenue.
$160,000
No Photos Silver Creek
$170,000
No Photos Thatcher Woods
Thatcher Woods is a condominium complex built between 2005 and 2008. There are 10 floor plans available with square feet ranging from 981 to 2,115 square feet. Thatcher Woods is located in Melrose Park, Illinois off of North Avenue east of 1st Avenue. Read more
$100,500
No Photos Winston Park
Winston Park is a single family home neighborhood in Melrose Park, Illinois.
$230,000

Metra Stations

Station Line Address
Melrose Park Union Pacific / West Line (UP-W) 1801 W. Main St. View commute

Recent Sales

Date Address Beds Baths Sq. Ft. Year Subdivision Sold
1720 Broadway St., Melrose Park, IL 60160 Oct 22, 2018 1720 Broadway St. 2 1.1 1,300 ft2 1 1950 $217,000
2217 N. Hawthorne Ave., Melrose Park, IL 60164 Oct 22, 2018 2217 N. Hawthorne Ave. 3 2 1,285 ft2 3 1943 $250,000
1014 N. 24th Ave., Melrose Park, IL 60160 Oct 12, 2018 1014 N. 24th Ave. 3 2 0 1926 $352,000
1534 N. 31st Ave., Melrose Park, IL 60160 Oct 10, 2018 1534 N. 31st Ave. 3 1 1,114 ft2 1 1961 $135,000
10413 W. Palmer Ave., Melrose Park, IL 60164 Oct 9, 2018 10413 W. Palmer Ave. 3 1.1 1,471 ft2 2 1943 $90,000
10503 Nevada Ave., Melrose Park, IL 60164 Oct 5, 2018 10503 Nevada Ave. 3 3 1,774 ft2 2 1943 $120,000
134 N. 22nd Ave., Melrose Park, IL 60160 Oct 4, 2018 134 N. 22nd Ave. 6 5 0 1919 $130,000
1635 N. 24th Ave., Melrose Park, IL 60160 Oct 4, 2018 1635 N. 24th Ave. 4 2 1954 $235,000
3120 Division St., Melrose Park, IL 60160 Oct 4, 2018 3120 Division St. 3 1 1,105 ft2 2.1 1950 $172,000
2736 Melrose Ave., Melrose Park, IL 60164 Sep 28, 2018 2736 Melrose Ave. 3 2 1,323 ft2 2 1989 $270,000
View Entire Sale History
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Market Trends

Melrose Park home sales for the month of September decreased in volume by 31.6% when compared to last year, while the median sale price decreased by 11.3% from $199,000 to $176,500. The number of Single Family homes sales decreased by 38.9%, while the median sale price decreased by 12.7% from $204,500 to $178,500. Condo/townhome sales rose by 100%, while the median sale price decreased by 11% from $178,000 to $158,500.

166
157
182
182
2014 2015 2016 2017
$127,500
$149,900
$170,000
$181,500
2014 2015 2016 2017

Median Sale Price for

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Number of Sales for

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Real Estate Sales for September in

Nearby Parks

Park Amenities
No Photos Bataan Park
1220 North 9th Avenue
Baseball Diamonds Playground Softball Fields Tennis Courts
No Photos Bulger Park
West Hirsch Avenue and North 17th
Spray Park Tennis Courts
No Photos Frost Park
South Roberta Avenue and Soffel
Basketball Courts Playground
Show all 3 parks