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Featured local agent — Calumet Park, IL
Sarah Mitchell
Compass Real Estate · Calumet Park, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Calumet Park, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$222,500median sale price
How is the Calumet Park, IL housing market right now?
The median home sale price in Calumet Park, IL is $222,500, up 24.3% year-over-year. Homes sell in an average of 52 days with 27 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Calumet Park a buyer's or seller's market?
Calumet Park, IL is currently a balanced market, based on 4.5 months of supply and homes selling in about 52 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
52
Average pace
Active listings
27
4.5 months supply
Sale-to-list
100.3%
Above asking
What does the Calumet Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $222,500 |
| Median list price | $174,900 |
| Year-over-year price change | +24.3% |
| Average days on market | 52 days |
| Active inventory | 27 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 100.3% |
| Median price per sq ft | $137/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 5 |
| Listings with a price cut | 14.8% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Calumet Park by property type?
How the Calumet Park, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $222,500 | $137/sq ft | 6 | 52 days |
| Townhouse | $220,000 | $174/sq ft | 1 | 75 days |
Source: Redfin · Updated monthly
The Calumet Park housing market is currently classified as a balanced market with a median sale price of $222,500. Prices have risen 24.3% compared to last year, with homes spending an average of 52 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Calumet Park
There are currently 27 homes listed for sale in Calumet Park, Illinois. The median listing price is $175K.
Active listings
27
Homes on market
Median list price
$175K
Avg. days on market
52
Days until sale
New this week
5
Newly listed
Who lives in Calumet Park?
Population
6,836
Median income
$57,389/yr
Median age
36.5 years
Owner-occupied
57.5%
College grads
18.8%
Avg commute
37.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Calumet Park?
Zillow home value
$172,449
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Calumet Park?
Calumet Park is a community of approximately 7K residents with a median age of 36.5 years.The median household income is $57,389, which represents a working-class community with solid middle-income opportunities. 18.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 37.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Calumet Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Calumet Park?
3 schools tracked · 908 students
The largest public schools serving Calumet Park, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Burr Oak Academy
Grades PK-2 · 325 students
Burr Oak Elem School
Grades 3-5 · 294 students
Calumet Elem School
Grades 6-8 · 289 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Calumet Park, IL?
Want a head-to-head view? Compare Calumet Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Calumet Park?
The median home sale price in Calumet Park is $222,500, up 24.3% from last year.
How long do homes stay on market in Calumet Park?
Homes typically spend 52 days on market before going under contract.
What is the median income in Calumet Park?
The median household income is $57,389 per year.
Is Calumet Park a buyer's or seller's market?
With 4.5 months of supply, Calumet Park is currently a balanced market.
What is the Zillow home value estimate for Calumet Park?
The Zillow Home Value Index (ZHVI) for Calumet Park is $172,449, representing the typical home value in the area.
How much does a single-family home cost in Calumet Park?
The median single-family home price in Calumet Park, IL is $222,500 (about $137 per square foot).
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