Thinking of selling in Melrose Park?
Melrose Park homes have sold for a median of $329,000 over the past year, typically in about 13 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$329,000
Median sale
130
Homes sold
12 mo
35
Avg. days on mkt
$235
Median $/sqft
19
For sale now
~1.8 mo supply
Median price by year
▲ 2.3%$210,000
1650 Riverwoods Drive
1 bd · 1 ba · 997 sf · 11d · 100% of list
$420,000
Melrose Park
3 bd · 2.5 ba · 1,827 sf · 5d · 105% of list
$430,000
10603 Drummond Place
3 bd · 2.5 ba · 2,758 sf · 7d · 93% of list
$449,000
1531 9th Avenue
3 bd · 3.5 ba · 1,918 sf · 52d · 100% of list
$429,900
1205 Winston Drive
3 bd · 2.5 ba · 2,218 sf · 57d · 100% of list
$470,000
1646 18th Avenue
4 bd · 3 ba · 2,293 sf · 66d · 95% of list
$275,500
1515 19th Avenue
2 bd · 1.5 ba · 1,400 sf · 3d · 102% of list
$227,000
1650 Riverwoods Drive
1 bd · 1 ba · 1,006 sf · 5d · 102% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
A seller's market
Just 19 homes for sale against 130 sales a year, roughly 1.8 months of supply, firmly a seller's market.
Timing matters
July is the window: homes listed then go under contract in about two weeks, while February listings have taken about three months.
1-bedroom demand
1-bedroom homes are the quickest to sell here, going under contract in under two weeks on average, faster than the neighborhood as a whole.
How fast do homes sell in Melrose Park?
Over the past year, homes in Melrose Park have gone under contract in about a month on average (35 days), with the typical home closing in about 13 days.
What is my Melrose Park home worth?
Homes here have sold for a median of $329,000 over the last 12 months, around $235 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in Melrose Park?
With 19 homes for sale against 130 sales a year, about 1.8 months of supply, Melrose Park is a seller's market. Sellers here have been getting about 99.6% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.

Your local agent
Joe has read every one of the 130 homes that sold in Melrose Park this past year, at a median of $329,000, with the typical home going under contract in about two weeks. Joe knows what today's Melrose Park buyer will actually pay, and what they won't.
With only 1.8 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Melrose Park comps, not a national average, and sellers here have been getting about 99.6% of list price. Text or call any time for a straight read on your number.