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Brementown Meadow Park Oak Hills

ORLAND PARK, IL 60462

Real Estate Market Report  ·  Cook County
Seller's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60462

Brementown · Meadow Park · Oak Hills

Market Analysis

Data as of April 2026. Source: Realtor.com.

The ORLAND PARK, IL real estate market (60462) currently shows 120 active listings, with 59 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 31 days last year.

The median listing price has risen 2.8% year-over-year, from $373,450 to $383,725.

Whether you are buying or selling in ORLAND 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.

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Market Context

Market Context

Population: 40,942  ·  Density: 989.3/mi²  ·  Median household income: $94,689

Typical home value: $321,379  ·  Homeownership: 83.2%

Market Overview

Active Listings
120
⇩ 18.9% vs 148 last year
Pending
59
49% pending ratio
Median Price
$383,725
⇧ 2.8% vs $373,450 last year
Average Price
$382,389
⇩ 10.6% vs $427,928 last year
Days on Market
27
⇩ 12.9% vs 31 days last year

Price Per Square Foot

Median $/sqft
$200
⇧ 2% vs $196/sqft last year
Median Home Size
1,810 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 120 this year vs 148 last year
  • Days on market: 27 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $383,725 (+2.8% YoY)
  • Average: $382,389 (-10.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.2 miles — 774 listings ($267,481,224 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60462Orland Park, IL 604620.0 mi106$41,138,388$353,675$388,098
60463Palos Heights, IL 604633.4 mi39$13,458,744$328,200$345,096
60452Oak Forest, IL 604524.3 mi62$18,175,734$307,450$293,157
60477Tinley Park, IL 604774.4 mi118$38,314,246$305,000$324,697
60418Crestwood, IL 604185.1 mi27$7,165,665$261,475$265,395
60445Midlothian, IL 604455.2 mi33$8,121,762$246,225$246,114
60415Chicago Ridge, IL 604156.1 mi39$9,746,763$209,000$249,917
60472Robbins, IL 604726.7 mi8$1,309,672$109,000$163,709
60480Willow Springs, IL 604806.8 mi15$8,964,255$462,500$597,617
60478Country Club Hills, IL 604787.1 mi95$20,677,605$216,100$217,659
60428Markham, IL 604287.7 mi83$14,716,647$166,995$177,309
60439Lemont, IL 604398.1 mi100$75,465,100$677,180$754,651
60406Blue Island, IL 604068.2 mi49$10,226,643$213,199$208,707

Frequently Asked Questions

How many homes are for sale in ORLAND PARK, IL 60462?

As of April 2026, there are 120 active listings in ORLAND PARK, IL (zip code 60462), compared to 148 the prior year.

What is the median home price in ORLAND PARK, IL 60462?

The median listing price in ORLAND PARK, IL 60462 is $383,725 as of April 2026, a 2.8% increase from $373,450 the prior year.

How long do homes stay on the market in ORLAND PARK, IL?

Homes in ORLAND PARK, IL 60462 spend an average of 27 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in ORLAND PARK, IL 60462?

Based on current inventory and days-on-market data as of April 2026, ORLAND PARK, IL 60462 is currently a Seller's Market. Inventory has tightened compared to last year, with 28 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 31 days last year.

How much can I save on real estate commission in ORLAND PARK, IL?

With SELL123.com's maximum 3% commission, sellers in ORLAND PARK, IL 60462 save an estimated $7,675 compared to a typical 5% commission on the median listing price of $383,725. 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.