Active Listings
30
⇩ 6.3% vs 32 last year
Data as of February 2026. Source: Realtor.com.
The MELROSE PARK, IL real estate market (60164) currently shows 30 active listings, with 22 pending sales. Homes are averaging 48 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 48 days on market compared to 29 days last year.
The median listing price has fallen 9.8% year-over-year, from $337,425 to $304,500.
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 | 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 February 2026, there are 30 active listings in MELROSE PARK, IL (zip code 60164), compared to 32 the prior year.
The median listing price in MELROSE PARK, IL 60164 is $304,500 as of February 2026, a 9.8% decrease from $337,425 the prior year.
Homes in MELROSE PARK, IL 60164 spend an average of 48 days on the market before going under contract, compared to 29 days the prior year.
Based on current inventory and days-on-market data as of February 2026, MELROSE PARK, IL 60164 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 29 days last year.
With SELL123.com's maximum 3% commission, sellers in MELROSE PARK, IL 60164 save an estimated $6,090 compared to a typical 5% commission on the median listing price of $304,500. 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.