Melrose Park, IL Condo Market Report (In last 12 months)
Avg. List Price
$234,260
($197/Sqft.)
Year-Over-Year List Price
17.50%
Total Listings
30
Avg. Days on Market
64
Avg. Sale Price
$195,584
($184/Sqft.)
Year-Over-Year Sale Price
1.24%
Total Sold
29
Avg. HOA Fees/Sqft.
($4/monthly)
Avg. List Price
$234,260
($197/Sqft.)
Year-Over-Year List Price
17.50%
Melrose Park, IL Condo Market Report
Avg. List Price
$234,260
($197/Sqft.)
Year-Over-Year List Price
17.50%
Total Listings
30
Avg. Days on Market
64
Avg. Sale Price
$195,584
($184/Sqft.)
Year-Over-Year Sale Price
1.24%
Total Sold
29
Avg. HOA Fees/Sqft.
($4/monthly)
Melrose park, IL Condo Market Overview
Nestled in the heart of Illinois, Melrose Park presents a captivating blend of suburban charm and urban convenience. This vibrant community thrives with a diverse condo market that appeals to both first-time buyers and those seeking luxurious living. In neighborhoods such as the bustling downtown area and the tranquil tree-lined streets of Melrose Park, you can find stylish condos offering modern amenities, outdoor terraces, and scenic views of the surrounding parks. From affordable, well-appointed units perfect for young professionals and families to elegant high-rises that exude sophistication, the living options here cater to every taste and budget. Residents can enjoy proximity to a variety of parks, trendy cafes, and local boutiques, as well as easy access to major highways and public transportation. Experience the welcoming spirit and unique lifestyle of this flourishing community, where every day offers new opportunities for connection and adventure!
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Explore Melrose Park, IL Neighborhoods
Melrose Park is a charming suburb characterized by its friendly atmosphere and diverse community, offering a blend of rich history and modern conveniences. With an abundance of parks, local businesses, and cultural festivals, residents enjoy a vibrant lifestyle just a stone's throw from the bustling city of Chicago. The area's strong sense of community and commitment to development ensure a welcoming environment for families and visitors alike.
Frequently Asked Questions About Melrose Park, IL
What is it like to live in Melrose Park?
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Is Melrose Park expensive?
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How much is a condo in Melrose Park?
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What are the safest neighborhoods in Melrose Park?
Melrose Park is generally considered a safe community, with neighborhoods like Melrose Park East and the area surrounding Elmwood Park noted for lower crime rates. The village benefits from a community-oriented police presence and local safety initiatives, contributing to a secure living environment.
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