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Melrose Park Housing Market Report

August 2026 • Updated daily from MLS data

$366,500
Average Price
17
Active Listings
31
Avg Days on Market
$233
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Melrose Park broken down by property type

15
Single Family
View listings
1
Condo
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0
Townhouse
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0
Multifamily
View listings

Price Distribution

How Melrose Park home prices are distributed across price ranges

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

Listings by Bedrooms

Bedroom count breakdown for active listings in Melrose Park

1
1 Bed
1
2 Bed
10
3 Bed
5
4 Bed
0
5+ Bed

Demographics & Community

Census data for Melrose Park, Illinois

25,177
Population
$64,400
Median Household Income
34.5
Median Age
$248,500
Census Median Home Value

Housing Occupancy

Total Housing Units8,739
Owner-Occupied4,463 (55.1%)
Renter-Occupied3,641 (44.9%)
Vacant Units635
Median Rent$1,143/mo

Commute & Education

Median Commute11722 min
Work From Home1.9%
Public Transit1.2%
Bachelor's Degree+8.5%
High School Diploma+0.1%

Affordability & Housing Costs

HUD data for the Melrose 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 Melrose Park (2024)

70
Violent Crimes
418
Property Crimes
88
Burglaries
67
Vehicle Thefts

Building Permit Activity

IvyGro tracks 1,385 building permits issued by Village of Melrose Park, with records dating back to 2025. In the last 12 months, 1,203 permits were issued, up 561% from the year before. Every Melrose Park listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

1,385
Permits on Record
1,203
Issued Last 12 Months
$6,110
Median Project Value (12 mo)
$75,531,605
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Fire Sprinkler: 17 Permit(s) Permit A…1
Demolition, Wrecking: 8 Permit(s) Per…1
Building Residential: 790 Permit(s) P…1
Electrical Residential: 38 Permit(s) …1
HVAC Other: 16 Permit(s) Permit Amoun…1
Plumbing Residential: 71 Permit(s) Pe…1

Permits Issued by Year

2025
632
2026
753

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

School Districts

School districts serving Melrose Park properties

83
89
212
87
88
209

Featured Listings in Melrose Park

Top properties currently on the market

1545 23rd
$325,000
3
2
1,200 sqft
1545 23rd
Melrose Park, IL
135 16th
$399,900
3
2
1,800 sqft
135 16th
Melrose Park, IL
10715 Diversey
$369,999
4
1
10715 Diversey
Melrose Park, IL
2842 Rhodes
$334,000
4
2
1,190 sqft
2842 Rhodes
Melrose Park, IL
10615 Schubert
$414,900
4
2
1,747 sqft
10615 Schubert
Melrose Park, IL
9627 Castello
$338,000
3
1
9627 Castello
Melrose Park, IL
View All Melrose Park Properties

Save $8,595 on the Average Melrose Park Home

Traditional agents charge 3% commission ($10,995). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

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