Orland Park Housing Market Trends 2024

The housing market in Orland Park, IL, reflects a steady and competitive landscape with positive trends:

1. Median Home Prices: In January 2024, the median home sold price was $342,750, showing a 6% increase from the previous year [1][3].
2. Market Competitiveness: Orland Park’s housing market scores 54 out of 100, indicating moderate competitiveness. The average house price was $353,000 last month, up by 23.9% compared to the previous period [2].
3. Home Values: The typical home value in Orland Park is $359,650, showcasing a stable and healthy market environment [4].
4. Trending Upward: The median listing home price in January 2024 was $370,000, trending up by 8.2% year-over-year. Additionally, homes were selling for a median price of $359,945, with an average of 41 days on the market [3][6].
5. Snapshot and Trends: Orland Park’s housing market remains dynamic, with fluctuations in prices and demand. Real estate trends play a crucial role in shaping buying and selling decisions [5].

🌐 Sources

1. rockethomes.com – Orland Park, Illinois Housing Market Report January 2024
2. redfin.com – Orland Park Housing Market Trends
3. realtor.com – Orland Park, IL 2024 Housing Market
4. zillow.com – Orland Park IL Home Prices & Home Values
5. homelight.com – Orland Park, IL Housing Market Trends and Prices
6. movoto.com – Orland Park, IL Market Trends