Altos Market Data for Realtors

Franklin Park, IL 60131

Single-Family Homes

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Franklin Park, IL 60131

Wed Apr 29 2026
This week the median list price for Franklin Park, IL 60131 is $428,900 with the market action index hovering around 68. This is an increase over last month's market action index of 57. Inventory has decreased to 8. Click here to stay informed with the Franklin Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Franklin Park, IL 60131

Wed Apr 29 2026
This week the median list price for Franklin Park, IL 60131 is $428,900 with the market action index hovering around 68. This is an increase over last month's market action index of 57. Inventory has decreased to 8. Click here to stay informed with the Franklin Park market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Franklin Park market.
Median List Price $428,900
Median Price of New Listings $430,000
Per Square Foot $265
Average Days on Market 78
Median Days on Market 56
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median Rent
Market Action 68
Strong Seller's Market

While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$494,495 2,561 4,500 - 6,500 sqft 3 2.8 67 0 1 84
$429,950 1,433 - 4 2 69 1 0 28
$426,400 1,635 0 - 4,500 sqft 3 2 72 0 0 63
$314,900 1,099 - 3 1.5 72 0 0 136