Altos Market Data for Realtors

Franklin Park, IL

Single-Family Homes

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Franklin Park, IL

Thu Jul 03 2025
This week the median list price for Franklin Park, IL is $369,900 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has held steady at or around 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Franklin Park, IL

Thu Jul 03 2025
This week the median list price for Franklin Park, IL is $369,900 with the market action index hovering around 57. This is less than last month's market action index of 62. Inventory has held steady at or around 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 has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Franklin Park market.
Median List Price $369,900
Median Price of New Listings $0
Per Square Foot $256
Average Days on Market 93
Median Days on Market 56
Price Decreased 13%
Price Increased 0%
Relisted 47%
Inventory 15
Median Rent
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$404,950 1,063 - 4 2 71 0 2 59
$388,250 1,701 0 - 4,500 sqft 4 2 75 0 1 63
$329,450 1,370 - 3 1 70 0 1 52
$279,900 1,112 - 3 1.5 75 0 1 7