Active Listings
29
⇩ 14.7% vs 34 last year
Population: 21,371 · Density: 1,679.9/mi² · Median household income: $71,549
Typical home value: $227,733 · Homeownership: 73.0%
Data as of January 2026. Source: Realtor.com.
The MELROSE PARK, IL real estate market (60164) currently shows 29 active listings, with 15 pending sales. Homes are averaging 57 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 57 days on market compared to 56 days last year.
The median listing price has fallen 4.9% year-over-year, from $320,750 to $305,000.
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 $ |
|---|---|---|---|---|---|---|
| 60164 | Melrose Park, IL 60164 | 0.0 mi | 29 | $8,188,875 | $305,000 | $282,375 |
| 60131 | Franklin Park, IL 60131 | 1.7 mi | 20 | $7,088,660 | $345,000 | $354,433 |
| 60160 | Melrose Park, IL 60160 | 2.2 mi | 16 | $5,754,768 | $344,900 | $359,673 |
| 60104 | Bellwood, IL 60104 | 2.7 mi | 57 | $15,700,707 | $289,900 | $275,451 |
| 60176 | Schiller Park, IL 60176 | 3.3 mi | 17 | $5,575,830 | $325,000 | $327,990 |
| 60106 | Bensenville, IL 60106 | 3.7 mi | 16 | $5,956,112 | $359,900 | $372,257 |
| 60305 | River Forest, IL 60305 | 4.5 mi | 31 | $18,943,046 | $376,000 | $611,066 |
| 60154 | Westchester, IL 60154 | 4.7 mi | 34 | $12,713,518 | $375,000 | $373,927 |
| 60707 | Elmwood Park, IL 60707 | 4.8 mi | 73 | $27,075,554 | $350,000 | $370,898 |
| 60634 | Chicago, IL 60634 | 5.3 mi | 91 | $45,935,708 | $487,500 | $504,788 |
| 60130 | Forest Park, IL 60130 | 5.5 mi | 39 | $12,709,944 | $269,900 | $325,896 |
| 60656 | Chicago, IL 60656 | 5.5 mi | 32 | $11,852,896 | $232,000 | $370,403 |
| 60101 | Addison, IL 60101 | 5.7 mi | 48 | $21,955,968 | $417,000 | $457,416 |
As of January 2026, there are 29 active listings in MELROSE PARK, IL (zip code 60164), compared to 34 the prior year.
The median listing price in MELROSE PARK, IL 60164 is $305,000 as of January 2026, a 4.9% decrease from $320,750 the prior year.
Homes in MELROSE PARK, IL 60164 spend an average of 57 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MELROSE PARK, IL 60164 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE PARK, IL 60164 save an estimated $6,100 compared to a typical 5% commission on the median listing price of $305,000. 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.