Population: 18,258 · Density: 1,296.7/mi² · Median household income: $74,606
Typical home value: $246,459 · Homeownership: 73.7%
Data as of January 2026. Source: Realtor.com.
The FRANKLIN PARK, IL real estate market (60131) currently shows 20 active listings, with 6 pending sales. Homes are averaging 34 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 34 days on market compared to 69 days last year.
The median listing price has risen 7.4% year-over-year, from $321,150 to $345,000.
Whether you are buying or selling in FRANKLIN PARK, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60131 | Franklin Park, IL 60131 | 0.0 mi | 20 | $7,088,660 | $345,000 | $354,433 |
| 60164 | Melrose Park, IL 60164 | 1.7 mi | 29 | $8,188,875 | $305,000 | $282,375 |
| 60171 | River Grove, IL 60171 | 2.5 mi | 27 | $9,750,483 | $399,000 | $361,129 |
| 60106 | Bensenville, IL 60106 | 3.4 mi | 16 | $5,956,112 | $359,900 | $372,257 |
| 60656 | Chicago, IL 60656 | 3.8 mi | 32 | $11,852,896 | $232,000 | $370,403 |
| 60706 | Harwood Heights, IL 60706 | 3.9 mi | 30 | $13,257,960 | $435,000 | $441,932 |
| 60707 | Elmwood Park, IL 60707 | 4.0 mi | 73 | $27,075,554 | $350,000 | $370,898 |
| 60126 | Elmhurst, IL 60126 | 4.2 mi | 97 | $115,429,709 | $899,900 | $1,189,997 |
| 60153 | Maywood, IL 60153 | 4.5 mi | 56 | $17,845,408 | $330,000 | $318,668 |
| 60631 | Chicago, IL 60631 | 5.3 mi | 33 | $15,625,863 | $457,450 | $473,511 |
| 60068 | Park Ridge, IL 60068 | 5.5 mi | 62 | $42,050,260 | $599,000 | $678,230 |
| 60302 | Oak Park, IL 60302 | 5.6 mi | 56 | $21,812,392 | $279,000 | $389,507 |
| 60130 | Forest Park, IL 60130 | 5.9 mi | 39 | $12,709,944 | $269,900 | $325,896 |
As of January 2026, there are 20 active listings in FRANKLIN PARK, IL (zip code 60131), compared to 23 the prior year.
The median listing price in FRANKLIN PARK, IL 60131 is $345,000 as of January 2026, a 7.4% increase from $321,150 the prior year.
Homes in FRANKLIN PARK, IL 60131 spend an average of 34 days on the market before going under contract, compared to 69 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FRANKLIN PARK, IL 60131 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 34 days on market compared to 69 days last year.
With SELL123.com's maximum 3% commission, sellers in FRANKLIN PARK, IL 60131 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $345,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.