Thinking of selling in Melrose Park?
Melrose Park homes have sold for a median of $327,500 over the past year, typically in about 12 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$327,500
Median sale
131
Homes sold
12 mo
34
Avg. days on mkt
$238
Median $/sqft
14
For sale now
~1.3 mo supply
Median price by year
▲ 0.5%$368,897
1549 22nd Avenue
3 bd · 2 ba · 1,211 sf · 5d · 102% of list
$286,000
400 45th Street
3 bd · 2 ba · 988 sf · 5d · 103% of list
$195,000
1104 12th Avenue
1 bd · 1 ba · 800 sf · 16d · 93% of list
$405,000
1645 23rd Avenue
4 bd · 3 ba · 2,149 sf · 15d · 98% of list
$440,000
719 14th Avenue
3 bd · 2 ba · 1,148 sf · 21d · 98% of list
$335,000
832 Prater Avenue
3 bd · 1 ba · 1,278 sf · 6d · 103% of list
$301,000
1537 20th Avenue
2 bd · 2 ba · 1,000 sf · 6d · 100% of list
$359,711
921 Harold Avenue
3 bd · 2 ba · 1,300 sf · 25d · 100% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
A seller's market
Just 14 homes for sale against 131 sales a year, roughly 1.3 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.
5-bedroom demand
5-bedroom homes are the quickest to sell here, going under contract in about 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 (34 days), with the typical home closing in about 12 days.
What is my Melrose Park home worth?
Homes here have sold for a median of $327,500 over the last 12 months, around $238 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 14 homes for sale against 131 sales a year, about 1.3 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 131 homes that sold in Melrose Park this past year, at a median of $327,500, 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 1.3 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.