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Thinking of selling in Melrose Park?

Sell your home in Melrose Park

Melrose Park homes have sold for a median of $332,500 over the past year, and the typical one went under contract in 15 days. It's a seller's market. Here's the full picture, and what your home is worth today.

The Melrose Park market right now

Live from MLS closings · last 12 months

$332,500

Median sale

129

Homes sold

12 mo

15

Median days on mkt

$234

Median $/sqft

22

For sale now

~2 mo supply

Median price by year

▲ 3.1%
$318K2024$325K2025$335K2026

Recently sold in Melrose Park

120 Concord Drive, soldOct 2026

$457,000

120 Concord Drive

3 bd · 2.5 ba · 1,918 sf · 15d · 102% of list

3120 Haber Avenue, soldOct 2026

$276,000

3120 Haber Avenue

3 bd · 1 ba · 1,200 sf · 21d · 104% of list

10832 Grand Avenue, soldOct 2026

$365,000

10832 Grand Avenue

3 bd · 2 ba · 1,700 sf · 5d · 105% of list

1517 21st Avenue, soldOct 2026

$340,000

1517 21st Avenue

2 bd · 2 ba · 1,653 sf · 36d · 101% of list

10813 Belmont Avenue, soldOct 2026

$235,000

10813 Belmont Avenue

3 bd · 1.5 ba · 1,280 sf · 5d · 94% of list

1520 16th Avenue, soldOct 2026

$260,000

1520 16th Avenue

2 bd · 1.5 ba · 803 sf · 6d · 106% of list

10816 Fletcher Avenue, soldOct 2026

$365,000

10816 Fletcher Avenue

3 bd · 1.5 ba · 4d · 104% of list

1507 15th Avenue, soldOct 2026

$506,000

1507 15th Avenue

3 bd · 3 ba · 3,105 sf · 25d · 101% of list

Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.

What the sales data shows in Melrose Park

Timing matters

Homes that closed in July typically went under contract in 6 days, while February closings took 78 days.

A seller's market

Just 22 homes for sale against 129 sales a year, roughly 2 months of supply, firmly a seller's market.

5-bedroom demand

5-bedroom homes are the quickest to sell here, typically going under contract in 8 days, against 15 days for the neighborhood as a whole.

Selling in Melrose Park: common questions

How fast do homes sell in Melrose Park?

Over the past year, the typical home in Melrose Park went under contract in 15 days. That is the median market time of the homes that sold in the last 12 months.

What is my Melrose Park home worth?

Homes here have sold for a median of $332,500 over the last 12 months, around $234 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 22 homes for sale against 129 sales a year, about 2 months of supply, Melrose Park is a seller's market. Sellers here have been getting about 99.6% of list price.

Joe Keegan, Melrose Park real estate agent

Your local agent

Selling in Melrose Park? Talk to Joe

129 homes sold in Melrose Park over the past year at a median of $332,500, and the typical one went under contract in 15 days. Joe can help you weigh listing now against the window that has sold fastest here.

With only 2 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.

✓Licensed IL broker✓Melrose Park sold comps✓129 Melrose Park sales tracked✓Sellers ~99.6% of list

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA built on the homes that actually sold around you, adjusted for the floor plan, condition and upgrades that move the price.

  • Pricing range with comp-by-comp logic
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