Altos Market Data for Realtors

Franklin Park, IL 60131

Single-Family Homes

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Franklin Park, IL 60131

Tue Jun 09 2026
This week the median list price for Franklin Park, IL 60131 is $414,500 with the market action index hovering around 49. This is less than last month's market action index of 64. Inventory has increased to 15. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Franklin Park, IL 60131

Tue Jun 09 2026
This week the median list price for Franklin Park, IL 60131 is $414,500 with the market action index hovering around 49. This is less than last month's market action index of 64. Inventory has increased to 15. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Franklin Park market.
Median List Price $414,500
Median Price of New Listings $414,500
Per Square Foot $276
Average Days on Market 54
Median Days on Market 35
Price Decreased 27%
Price Increased 7%
Relisted 13%
Inventory 15
Median Rent
Market Action 49
Strong Seller's Market

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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
$432,499 1,675 - 3 2.3 68 0 1 70
$420,950 1,465 0 - 4,500 sqft 3 1.8 78 1 0 73
$392,950 1,629 0 - 4,500 sqft 4 2 77 0 0 24
$259,000 976 - 2 1.5 78 0 0 14