Unshakable ZIP Data 60160 | Melrose Park, IL Housing Market
Melrose Park · Cook County · Chicago-Naperville-Elgin, IL-IN-WI metro · Illinois · Data updated June 19, 2026
The median sale price in ZIP 60160, Melrose Park, Illinois is $362,392 at $223 per square foot. 25 single-family homes sold in the latest period, up 45.4 percent from a year earlier. Homes sit a median of 110 days on market with 2.8 months of supply. Sellers are getting 98.5 percent of list price and 20.8 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $331,396 | |
| Average price per sq ft | $204 | |
| Median sale price | $362,392 | |
| Median sale price per sq ft | $223 | |
| Median home size | 1,622 sq ft | |
| Median new listing price | $391,652 | +11.9% |
| National size rank | 4,741 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 25 | +45.4% |
| Median days on market | 110 days | |
| Months of supply | 2.8 months | |
| New listings | 23 | -36.9% |
| Active listings | 51 | -6.2% |
| Pending sales | 29 | -20.6% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 98.5% | +0.9 pts |
| Share sold above list | 20.8% | -20.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$273,570
3-bedroom
$327,623
4-bedroom
$381,594
5-bedroom
$380,715
These figures describe the single-family market for Melrose Park, Illinois ZIP 60160. They are market context, not a substitute for sold comps or a formal appraisal.