Population: 25,177 · Density: 2,135.6/mi² · Median household income: $64,400
Typical home value: $244,705 · Homeownership: 55.1%
Data as of January 2026. Source: Realtor.com.
The MELROSE PARK, IL real estate market (60160) currently shows 16 active listings, with 3 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 33 days on market compared to 28 days last year.
The median listing price has fallen 2.8% year-over-year, from $354,925 to $344,900.
Whether you are buying or selling in MELROSE 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 $ |
|---|---|---|---|---|---|---|
| 60160 | Melrose Park, IL 60160 | 0.0 mi | 16 | $5,754,768 | $344,900 | $359,673 |
| 60104 | Bellwood, IL 60104 | 1.6 mi | 57 | $15,700,707 | $289,900 | $275,451 |
| 60171 | River Grove, IL 60171 | 1.9 mi | 27 | $9,750,483 | $399,000 | $361,129 |
| 60305 | River Forest, IL 60305 | 2.3 mi | 31 | $18,943,046 | $376,000 | $611,066 |
| 60163 | Berkeley, IL 60163 | 2.7 mi | 13 | $4,417,582 | $299,900 | $339,814 |
| 60155 | Broadview, IL 60155 | 3.2 mi | 18 | $5,285,250 | $299,900 | $293,625 |
| 60130 | Forest Park, IL 60130 | 3.4 mi | 39 | $12,709,944 | $269,900 | $325,896 |
| 60302 | Oak Park, IL 60302 | 3.7 mi | 56 | $21,812,392 | $279,000 | $389,507 |
| 60154 | Westchester, IL 60154 | 4.0 mi | 34 | $12,713,518 | $375,000 | $373,927 |
| 60126 | Elmhurst, IL 60126 | 4.2 mi | 97 | $115,429,709 | $899,900 | $1,189,997 |
| 60706 | Harwood Heights, IL 60706 | 4.8 mi | 30 | $13,257,960 | $435,000 | $441,932 |
| 60526 | La Grange Park, IL 60526 | 5.2 mi | 7 | $4,074,000 | $499,000 | $582,000 |
| 60513 | Brookfield, IL 60513 | 5.5 mi | 30 | $12,102,360 | $380,000 | $403,412 |
As of January 2026, there are 16 active listings in MELROSE PARK, IL (zip code 60160), compared to 13 the prior year.
The median listing price in MELROSE PARK, IL 60160 is $344,900 as of January 2026, a 2.8% decrease from $354,925 the prior year.
Homes in MELROSE PARK, IL 60160 spend an average of 33 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELROSE PARK, IL 60160 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE PARK, IL 60160 save an estimated $6,898 compared to a typical 5% commission on the median listing price of $344,900. 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.