Housing Market Report for Maywood-Melrose Park-Broadview School District 89, IL

This housing market report uses absorption rates to track supply and demand for Maywood-Melrose Park-Broadview School District 89, IL. With 3.1 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 20, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Russell Shaw
Real Estate Agent

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Houses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$400k – $425k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$425k – $450k

0 active listings with 4 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.1 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
125k-150k 1 2 1 0.3 3 Balanced
175k-200k 1 1 0.2 6 Balanced
225k-250k 1 0.2 0 Seller's
250k-275k 2 0.3 0 Seller's
275k-300k 1 0
300k-325k 3 0.5 0 Seller's
325k-350k 2 1 0.1 12 Buyer's
350k-375k 1 3 0.5 2 Seller's
375k-400k 1 1 0.2 0 Seller's
400k-425k 4 1 0 24
425k-450k 4 0.7 0 Seller's
450k-475k 3 2 0.5 0 Seller's
475k-500k 2 1 0.1 12 Buyer's

Condos

Coolest Segment ❄️
$300k – $325k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$300k – $325k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
300k-325k 1 0.2 0 Seller's
325k-350k 1 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$175k – $200k

Absorption rate of 0.

Most Active
$175k – $200k

1 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 0