Altos Market Data for Realtors
Melrose Park, IL 60160
Single-Family Homes
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Melrose Park, IL 60160
Wed Jan 21 2026
This week the median list price for Melrose Park, IL 60160 is $359,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has decreased to 9.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $359,000 | |
| Median Price of New Listings | $299,900 | |
| Per Square Foot | $260 | |
| Average Days on Market | 90 | |
| Median Days on Market | 70 | |
| Price Decreased | 22% | |
| Price Increased | 0% | |
| Relisted | 56% | |
| Inventory | 9 | |
| Median Rent | ||
| Market Action | 38 | |
| Slight Seller's Advantage | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| $429,999 | 2,070 | 0 - 4,500 sqft | 4 | 3.5 | 73 | 0 | 1 | 70 |
| $369,450 | 1,424 | 0 - 4,500 sqft | 3 | 2 | 72 | 0 | 0 | 56 |
| $336,950 | 1,827 | - | 3 | 1.5 | 71 | 0 | 0 | 122 |
| $294,900 | 1,016 | - | 2 | 1 | 86 | 1 | 0 | 35 |