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Featured local agent — Harvey, IL
Sarah Mitchell
Compass Real Estate · Harvey, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Harvey, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$90,000median sale price
How is the Harvey, IL housing market right now?
The median home sale price in Harvey, IL is $90,000, down 28.6% year-over-year. Homes sell in an average of 44 days with 81 active listings. The market is currently a buyer's 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 Harvey a buyer's or seller's market?
Harvey, IL is currently a buyer's market, based on 7.4 months of supply and homes selling in about 44 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
44
Average pace
Active listings
81
7.4 months supply
Sale-to-list
95.3%
Below asking
What does the Harvey housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $90,000 |
| Median list price | $114,000 |
| Year-over-year price change | -28.6% |
| Average days on market | 44 days |
| Active inventory | 81 listings |
| Months of supply | 7.4 months |
| Sale-to-list price ratio | 95.3% |
| Median price per sq ft | $75/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 18 |
| Listings with a price cut | 18.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Harvey by property type?
How the Harvey, 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 | $85,000 | $80/sq ft | 10 | 58 days |
Source: Redfin · Updated monthly
The Harvey housing market is currently classified as a buyer's market with a median sale price of $90,000. Prices have fallen 28.6% compared to last year, with homes spending an average of 44 days on market, indicating 7.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Harvey
There are currently 81 homes listed for sale in Harvey, Illinois. The median listing price is $114K.
Active listings
81
Homes on market
Median list price
$114K
Avg. days on market
44
Days until sale
New this week
18
Newly listed
Who lives in Harvey?
Population
19,831
Median income
$41,091/yr
Median age
36.8 years
Owner-occupied
55.3%
College grads
10.1%
Avg commute
31.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Harvey?
Zillow home value
$106,475
Price-to-income
2.6x
Source: Zillow Research
What is it like to live in Harvey?
Harvey is a community of approximately 20K residents with a median age of 36.8 years.The median household income is $41,091, which represents a working-class community with solid middle-income opportunities. 10.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.3%, showing a blend of owner and renter-occupied properties. The average commute time is 31.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Harvey offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Harvey?
8 schools tracked · 3,526 students
The largest public schools serving Harvey, 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.
Thornton Township High School
Grades 9-12 · 1,645 students
Brooks Middle School
Grades 6-8 · 452 students
Taft School
Grades PK-1 · 337 students
Bryant Elem School
Grades K-5 · 305 students
Maya Angelou Elem Sch
Grades K-5 · 234 students
Whittier Elem School
Grades K-5 · 212 students
Holmes Elem School
Grades K-5 · 209 students
Riley Early Childhood Center
Grades PK · 132 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 Harvey, IL?
Want a head-to-head view? Compare Harvey side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Harvey?
The median home sale price in Harvey is $90,000, down 28.6% from last year.
How long do homes stay on market in Harvey?
Homes typically spend 44 days on market before going under contract.
What is the median income in Harvey?
The median household income is $41,091 per year.
Is Harvey a buyer's or seller's market?
With 7.4 months of supply, Harvey is currently a buyer's market.
What is the Zillow home value estimate for Harvey?
The Zillow Home Value Index (ZHVI) for Harvey is $106,475, representing the typical home value in the area.
How much does a single-family home cost in Harvey?
The median single-family home price in Harvey, IL is $85,000 (about $80 per square foot).
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