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Franklin Park Housing Market Report

August 2026 • Updated daily from MLS data

$440,480
Average Price
20
Active Listings
38
Avg Days on Market
$251
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Franklin Park broken down by property type

16
Single Family
View listings
2
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Franklin Park home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
1
1
$300K–$500K
14
14
$500K–$750K
3
3
$750K–$1M
1
1
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Franklin Park

0
1 Bed
4
2 Bed
9
3 Bed
5
4 Bed
0
5+ Bed

Demographics & Community

Census data for Franklin Park, Illinois

18,374
Population
$74,167
Median Household Income
36.5
Median Age
$246,200
Census Median Home Value

Housing Occupancy

Total Housing Units6,267
Owner-Occupied4,256 (73.4%)
Renter-Occupied1,546 (26.6%)
Vacant Units465
Median Rent$1,117/mo

Commute & Education

Median Commute8776 min
Work From Home3.2%
Public Transit2.0%
Bachelor's Degree+12.5%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Franklin Park area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Franklin Park (2024)

31
Violent Crimes
153
Property Crimes
0
Burglaries
39
Vehicle Thefts

Building Permit Activity

IvyGro tracks 6,386 building permits issued by Village of Franklin Park, with records dating back to 2021. In the last 12 months, 956 permits were issued, down 15% from the year before. Every Franklin Park listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

6,386
Permits on Record
956
Issued Last 12 Months
$8,219
Median Project Value (12 mo)
$187,131,333
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Building Permit5,575

Permits Issued by Year

2021
1,271
2022
1,260
2023
1,121
2024
1,162
2025
1,189
2026
383

See the full Franklin Park permit report or browse Franklin Park listings to see the permit history for any home.

School Districts

School districts serving Franklin Park properties

83
84
81

Featured Listings in Franklin Park

Top properties currently on the market

9670 Franklin
$305,000
2
2
1,260 sqft
9670 Franklin
Franklin Park, IL
9800 Belmont
$628,000
9800 Belmont
Franklin Park, IL
10129 Westmanor
$524,990
3
4
3,190 sqft
10129 Westmanor
Franklin Park, IL
3432 Lonnquist
$295,000
2
1
875 sqft
3432 Lonnquist
Franklin Park, IL
3037 Ernst
$390,000
4
3
1,886 sqft
3037 Ernst
Franklin Park, IL
3005 Lincoln
$419,000
4
2
1,300 sqft
3005 Lincoln
Franklin Park, IL
View All Franklin Park Properties

Save $10,814 on the Average Franklin Park Home

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