Data as of September 2026. Source: Realtor.com.
The MELROSE PARK, IL real estate market (60164) currently shows 32 active listings, with 20 pending sales. Homes are averaging 37 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 selling faster, averaging 37 days on market compared to 45 days last year.
The median listing price has risen 16.1% year-over-year, from $299,925 to $348,225.
Population: 21,371 · Density: 1,679.9/mi² · Median household income: $71,549
Typical home value: $227,733 · Homeownership: 73.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60164 | Melrose Park, IL 60164 | 0.0 mi | 30 | $8,362,110 | $304,500 | $278,737 |
| 60131 | Franklin Park, IL 60131 | 1.7 mi | 29 | $10,983,286 | $358,650 | $378,734 |
| 60160 | Melrose Park, IL 60160 | 2.2 mi | 18 | $6,435,648 | $325,000 | $357,536 |
| 60104 | Bellwood, IL 60104 | 2.7 mi | 57 | $15,040,248 | $284,500 | $263,864 |
| 60176 | Schiller Park, IL 60176 | 3.3 mi | 24 | $7,441,392 | $300,000 | $310,058 |
| 60106 | Bensenville, IL 60106 | 3.7 mi | 17 | $6,252,209 | $367,217 | $367,777 |
| 60305 | River Forest, IL 60305 | 4.5 mi | 36 | $23,806,080 | $398,500 | $661,280 |
| 60154 | Westchester, IL 60154 | 4.7 mi | 36 | $14,018,616 | $388,850 | $389,406 |
| 60707 | Elmwood Park, IL 60707 | 4.8 mi | 80 | $26,320,240 | $247,975 | $329,003 |
| 60634 | Chicago, IL 60634 | 5.3 mi | 104 | $53,254,864 | $487,500 | $512,066 |
| 60130 | Forest Park, IL 60130 | 5.5 mi | 40 | $11,166,560 | $196,975 | $279,164 |
| 60656 | Chicago, IL 60656 | 5.5 mi | 31 | $12,674,164 | $333,475 | $408,844 |
| 60101 | Addison, IL 60101 | 5.7 mi | 55 | $27,734,740 | $447,488 | $504,268 |
As of September 2026, there are 32 active listings in MELROSE PARK, IL (zip code 60164), compared to 29 the prior year.
The median listing price in MELROSE PARK, IL 60164 is $348,225 as of September 2026, a 16.1% increase from $299,925 the prior year.
Homes in MELROSE PARK, IL 60164 spend an average of 37 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of September 2026, MELROSE PARK, IL 60164 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE PARK, IL 60164 save an estimated $6,965 compared to a typical 5% commission on the median listing price of $348,225. 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.