Data as of July 2026. Source: Realtor.com.
The MELROSE PARK, IL real estate market (60164) currently shows 30 active listings, with 19 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 36 days last year.
The median listing price has risen 3.6% year-over-year, from $324,700 to $336,475.
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.
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 July 2026, there are 30 active listings in MELROSE PARK, IL (zip code 60164), compared to 28 the prior year.
The median listing price in MELROSE PARK, IL 60164 is $336,475 as of July 2026, a 3.6% increase from $324,700 the prior year.
Homes in MELROSE PARK, IL 60164 spend an average of 46 days on the market before going under contract, compared to 36 days the prior year.
Based on current inventory and days-on-market data as of July 2026, MELROSE PARK, IL 60164 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 36 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE PARK, IL 60164 save an estimated $6,730 compared to a typical 5% commission on the median listing price of $336,475. 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.