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Melrose Park, IL real estate

Compare top Melrose Park real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Melrose Park real estate Market Report.

Information and statistics on the latest trends in the Melrose Park real estate market. *

Latest Rolling 3-Month Snapshot

May 1, 2026 - Jul 31, 2026

Median sale price
$329K
+2% from Q2 '26
Median list price
$376K
+7.6% from Q2 '26
Active listings
54
+8% from Q2 '26
Homes sold
31
+19% from Q2 '26
New pendings
27
-13% from Q2 '26
New listings
30
+7.1% from Q2 '26

Quarterly Pricing Trends for Melrose Park

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Melrose Park Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $290K Median sale price in Oct 2021 - Dec 2021: $299K Median sale price in Jan 2022 - Mar 2022: $271K Median sale price in Apr 2022 - Jun 2022: $315K Median sale price in Jul 2022 - Sep 2022: $306K Median sale price in Oct 2022 - Dec 2022: $258K Median sale price in Jan 2023 - Mar 2023: $290K Median sale price in Apr 2023 - Jun 2023: $295K Median sale price in Jul 2023 - Sep 2023: $303K Median sale price in Oct 2023 - Dec 2023: $303K Median sale price in Jan 2024 - Mar 2024: $294K Median sale price in Apr 2024 - Jun 2024: $320K Median sale price in Jul 2024 - Sep 2024: $335K Median sale price in Oct 2024 - Dec 2024: $335K Median sale price in Jan 2025 - Mar 2025: $333K Median sale price in Apr 2025 - Jun 2025: $325K Median sale price in Jul 2025 - Sep 2025: $367K Median sale price in Oct 2025 - Dec 2025: $360K Median sale price in Jan 2026 - Mar 2026: $413K Median sale price in Apr 2026 - Jun 2026: $323K Median list price in Jul 2021 - Sep 2021: $299K Median list price in Oct 2021 - Dec 2021: $299K Median list price in Jan 2022 - Mar 2022: $295K Median list price in Apr 2022 - Jun 2022: $299K Median list price in Jul 2022 - Sep 2022: $294K Median list price in Oct 2022 - Dec 2022: $290K Median list price in Jan 2023 - Mar 2023: $309K Median list price in Apr 2023 - Jun 2023: $310K Median list price in Jul 2023 - Sep 2023: $325K Median list price in Oct 2023 - Dec 2023: $305K Median list price in Jan 2024 - Mar 2024: $337K Median list price in Apr 2024 - Jun 2024: $321K Median list price in Jul 2024 - Sep 2024: $349K Median list price in Oct 2024 - Dec 2024: $340K Median list price in Jan 2025 - Mar 2025: $395K Median list price in Apr 2025 - Jun 2025: $350K Median list price in Jul 2025 - Sep 2025: $380K Median list price in Oct 2025 - Dec 2025: $380K Median list price in Jan 2026 - Mar 2026: $375K Median list price in Apr 2026 - Jun 2026: $350K Jul 2021 - Sep 2021 Median sale price $290K Median list price $299K Oct 2021 - Dec 2021 Median sale price $299K Median list price $299K Jan 2022 - Mar 2022 Median sale price $271K Median list price $295K Apr 2022 - Jun 2022 Median sale price $315K Median list price $299K Jul 2022 - Sep 2022 Median sale price $306K Median list price $294K Oct 2022 - Dec 2022 Median sale price $258K Median list price $290K Jan 2023 - Mar 2023 Median sale price $290K Median list price $309K Apr 2023 - Jun 2023 Median sale price $295K Median list price $310K Jul 2023 - Sep 2023 Median sale price $303K Median list price $325K Oct 2023 - Dec 2023 Median sale price $303K Median list price $305K Jan 2024 - Mar 2024 Median sale price $294K Median list price $337K Apr 2024 - Jun 2024 Median sale price $320K Median list price $321K Jul 2024 - Sep 2024 Median sale price $335K Median list price $349K Oct 2024 - Dec 2024 Median sale price $335K Median list price $340K Jan 2025 - Mar 2025 Median sale price $333K Median list price $395K Apr 2025 - Jun 2025 Median sale price $325K Median list price $350K Jul 2025 - Sep 2025 Median sale price $367K Median list price $380K Oct 2025 - Dec 2025 Median sale price $360K Median list price $380K Jan 2026 - Mar 2026 Median sale price $413K Median list price $375K Apr 2026 - Jun 2026 Median sale price $323K Median list price $350K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
20
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (May 2026 - Jul 2026).

Inventory in Melrose Park has tightened in this rolling three-month view, with active listings down more than 25 percent year over year even as they ticked up slightly month to month. Fewer homes are entering the pipeline, as new listings dropped about a third compared with a year ago and pending sales fell nearly 34 percent. Even with that slowdown in contract activity, just 2.2 months of supply keeps conditions tilted toward sellers.

Pricing has been relatively steady despite the cooler flow of new contracts. The typical home value is down about 6 percent from a year earlier, but the median list price is slightly higher than last year and has risen recently. That gap suggests sellers are still aiming high while buyers have gained some leverage compared with the peak.

Homes are taking longer to change hands than they did a year ago, with the median days on market now at 71 days, up sharply from early 2025, yet more than 40 percent of sales still close above the asking price and over 62 percent go off market within two weeks. An average sale-to-list ratio just under 99 percent shows that final prices are landing close to sellers’ expectations. Buyers and sellers who want to navigate these mixed signals can rely on Agent Pronto to connect them with a Melrose Park agent who understands both sides of the deal.



Learn more about what Melrose Park has to offer.

Melrose Park offers residents a welcoming, convenient blend of parks, local shops, schools, and easy transportation access that supports a comfortable, community-focused lifestyle.

Melrose Park stands out from nearby suburbs like Oak Park and Elmwood Park with its strong blue‑collar roots, long‑time family ownership of homes, and a deep sense of local pride. You feel it at community institutions like the Melrose Park Public Library and through long running neighborhood events that keep former residents coming back.

The village’s location near Franklin Park and River Forest gives residents quick access to Metra, major expressways, and job centers, while local streets retain a quieter residential scale. Classic brick bungalows, two flats, and modest single family homes dominate, with some newer construction and townhomes adding choice for today’s buyers.

Daily life in Melrose Park centers on accessible parks, schools, and local businesses. Families appreciate options like District 89 schools and nearby Triton College. Recreation is close at hand, from village parks and athletic fields to the expansive Schiller Woods Forest Preserve just to the east. Local dining remains a point of pride, with long established Italian and Mexican restaurants that draw visitors from across Cook County.

Whether you already live in Melrose Park or are comparing it with Cicero and Berwyn, timing and preparation matter in this competitive market. An experienced local real estate agent can help you price and position your home correctly or move quickly when the right property appears, and Agent Pronto can connect both buyers and sellers with the right professional to make that happen.

Find your Melrose Park real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“We were so impressed with Kim! Her quick responses to questions and calls were much appreciated. Kim and her team were very efficient and professional, also. Her experience helped us to get two offers in two days for an "AS IS" home that needed lots of love. We could count on her, and she came through for us!”

Kim Klunder · Tinley Park, IL

Photo of Kim Wirtz
Wirtz Real Estate Group, Inc.
“We worked with Andrew McCatty and he could not have made the process smoother! He was very responsive, prepared, and showcased the house spectacularly - we had an offer in 4 days! Andrew worked with Mike to put together the listing and it was excellent. We had an independent appraisal done before we chose the McCattys and we are so glad we got a second opinion. I cannot recommend them enough!”

Eric Krull · Orland Park, IL

Photo of McCatty Real Estate
Century 21 Circle
“I've worked with Shawn Jones for nearly 10 years. He helped me find my first apartment, and first home after getting married. He is a deeply considerate, caring, and experienced agent. I can't recommend him highly enough.”

John MacRitchie · Chicago, IL

Photo of The Jones Group
Berkshire Hathaway HomeServices
“Emir is a wonderful agent! His expertise in real estate was great and he was extremely helpful with any questions. He was patient and always responded in a timely manner. I would highly recommend hiring Emir as your agent!”

Merim Vilic · Des Plaines, IL

Photo of Emir Vulic
Owners.com
“We've known Brittany for many years and we have had experience working with her in the past. We chose to work with her once more because of our wonderful experience In the past. I would highly recommend her because of her professional approach and her genuine interest to provide the best to her customers.”

Mohamad Alrais · Oak Lawn, IL

Photo of Brittany Simon
Compass
“Paula was fantastic! She was knowledgeable, very responsive, and was able to walk me through the process step-by-step as a first-time seller. Would highly recommend to anyone and everyone!”

Luke Turck · Chicago, IL

Photo of Paula Calzolari
Berkshire Hathaway Starck Real Estate
“It was a pleasure to work with Robert, he paid a lot of attention to our expectations and preferences, and he is strong in negotiating.”

Anna Tishchenko · Crystal Lake, IL

Photo of Robert Sidlauskas
Keller Williams Platinum Partners
“Our house could be considered high end property in the neighborhood. Cinny worked hard to get it under the contract in a week and sold our house a little over a month. We are happy about the result. During the process, there were ups and downs which made us nervious. Cinny listened to our concerns and gave us professional advice.”

Liyuan Hu · Chicago, IL

Photo of Cinny Chui
Century 21 Realty Associates
“Best realtor! Has helped us with two properties and always easy to work with and super prompt with communication. Will be using him for future properties!”

Zoya · Bolingbrook, IL

Photo of Ryan Saoudi
Ryan Saoudi Realtor / Schaumburg / Chicagoland / Exp Realty
“Would use Lizette again, very easy to work with & very professional. Would recommend here 100% to Friends.”

Bill Zabresky · Wheeling, IL

Photo of Lizette Andrews Delgado
REALTY OF AMERICA
“Miguel was amazing 10/10 definitely recommend! He is very knowledgeable and super attentive, he really made this first time home buying process very smooth and the best of all is that he was very understanding.”

Cayetano · Hometown, IL

Photo of The Aguirre Group
Realty of America
“Nancy Silwa is an experienced realtor who knows her profession. She knows, and in fact lives in the area, where I was selling my house. This was a bonus as she really had a handle on the market. She walked with me every step of the way so that I understood the process. I was selling a home I had lived in for 43 years. Nancy understood the emotional impact of this decision and gently helped me stay focused on the task at hand: sell the house. She found the perfect buyers. A young couple who will make my house their home. Knowing this made selling my home a little easier. I would and indeed have recommended Nancy to others. She is simply THE BEST!”

Pam Conrad · Elmhurst, IL

Photo of Sliwa team
Coldwell Banker
“Juan helped us immensely in buying our first home and answered every question we had. Would 100% recommend.”

Sara S. · Oak Park, IL

Photo of Juan Espinosa
E-Professionals Realty, LLC
“Antonio was always available for questions and always prompt in his replies. An ecellent experience.”

Richard R. · River Forest, IL

Photo of Antonio Sarmiento
606 Brokers
“I had an amazing experience working with Erick when purchasing my new home. From the very beginning, he took the time to understand exactly what I was looking for and offered valuable insights into the housing market. Erick was incredibly knowledgeable, patient, and responsive, answering all my questions and guiding me through every step of the process. The process of finding the perfect home can be overwhelming, but Erick made it seamless. He was always available to schedule viewings at my convenience, and when we found the right place, he worked tirelessly to ensure my offer was competitive and that all the paperwork was handled efficiently. Thanks to Erick, I now own a home that I absolutely love. I highly recommend him to anyone looking for a dedicated and professional real estate agent.”

Lizette · Addison, IL

Photo of Erick Coley
Berkshire Hathaway American Heritage
“Marc was a crucial part of our home buying process and we are grateful we chose him. He was there every single step of the way from start to finish and went above our expections in many ways. He is great in his craft and we would use him again without a doubt.”

Rick and Claudia · Berkeley, IL

Photo of Marc Murawski
Century 21 Circle
“I highly recommend William for Buying or Selling a home. He has helped many members of our family and is trusted like a friend.”

Victor · Barrington, IL

Photo of William Squires
Real 1 Realty
“I found a great agent! We were able to sell the property within three days after it was listed. It was a pleasure working with Diana Matichyn and her team. I would highly recommend her.”

Daniela J. · Palatine, IL

Photo of Diana Matichyn
Coldwell Banker Realty
“Working with James was a terrific experience. He is most knowledgeable and realistic when evaluating real estate. He always kept me informed and had timely calls regarding our next decisions. I recommend him most highly.”

Rich P. · Chicago, IL

Photo of James Zonsius
Real Home Realty
“My agent Sergio was incredible and a great help to me through this process. I would recommend him to anyone!!!”

Kathleen S. · Carol Stream, IL

Photo of Sergio Eguiarte
Baird & Warner

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Melrose Park. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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