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Sarah Mitchell

CNESRESABR

Compass Real Estate · Orland Park, IL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Orland Park, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Orland Park, IL Housing Market & Real Estate

Seller's market+4.8% YoY

Housing market overview · Updated monthly ·

$382,450median sale price

How is the Orland Park, IL housing market right now?

The median home sale price in Orland Park, IL is $382,450, up 4.8% year-over-year. Homes sell in an average of 40 days with 210 active listings. The market is currently a seller'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 Orland Park a buyer's or seller's market?

Seller's market2.7 months of supply40 avg. days on market

Orland Park, IL is currently a seller's market, based on 2.7 months of supply and homes selling in about 40 days. How we determine this →

Homes sold

78

Last 12 weeks

Days on market

40

Average pace

Active listings

210

2.7 months supply

Sale-to-list

99.9%

Below asking

What does the Orland Park housing market data show?

Current housing market statistics for Orland Park, IL
MetricValue
Median sale price$382,450
Median list price$380,000
Year-over-year price change+4.8%
Average days on market40 days
Active inventory210 listings
Months of supply2.7 months
Sale-to-list price ratio99.9%
Median price per sq ft$200/sq ft
Homes sold (latest month)78
New listings (latest month)121
Listings with a price cut12.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Orland Park by property type?

How the Orland Park, IL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Orland Park, IL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$517,500$204/sq ft3639 days
Condo / Co-op$245,000$193/sq ft2439 days
Townhouse$358,250$204/sq ft1845 days

Source: Redfin · Updated monthly

The Orland Park housing market is currently classified as a seller's market with a median sale price of $382,450. Prices have risen 4.8% compared to last year, with homes spending an average of 40 days on market, indicating 2.7 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 4.2x provides context for how home values compare to local earning capacity.

Homes for sale in Orland Park

There are currently 210 homes listed for sale in Orland Park, Illinois. The median listing price is $380K.

Active listings

210

Homes on market

Median list price

$380K

Avg. days on market

40

Days until sale

New this week

121

Newly listed

Price drops:12.4%of listings
Sale-to-list:99.9%

Who lives in Orland Park?

Population

57,961

Median income

$98,979/yr

Median age

46.8 years

Owner-occupied

86.2%

College grads

45.0%

Avg commute

33.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Orland Park?

Zillow home value

$414,682

Zillow rent index

$3,018/mo

Price-to-rent ratio

11.4x

Price-to-income

4.2x

Source: Zillow Research

What is it like to live in Orland Park?

Orland Park is a community of approximately 58K residents with a median age of 46.8 years.The median household income is $98,979, which reflects a relatively affluent area with strong earning potential. 45.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 86.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Orland Park offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Orland Park?

15 schools tracked · 8,977 students

The largest public schools serving Orland 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.

Carl Sandburg High School

Grades 9-12 · 2,906 students

Public

Jerling Junior High School

Grades 6-8 · 648 students

Public

Century Junior High School

Grades 6-8 · 628 students

Public

Liberty Elem School

Grades 3-5 · 595 students

Public

Meadow Ridge School

Grades 3-5 · 577 students

Public

Orland Jr High School

Grades 6-8 · 545 students

Public

Prairie Elem School

Grades PK-2 · 541 students

Public

High Point Elem School

Grades 3-5 · 476 students

Public

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 Orland Park, IL?

Want a head-to-head view? Compare Orland Park side-by-side with any other U.S. city using our market-comparison tool.

Is Orland Park a good real estate investment market?

For investors evaluating Orland Park, the price-to-rent ratio of 11.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Orland Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Orland Park's median home price.

Frequently asked questions

What is the average home price in Orland Park?

The median home sale price in Orland Park is $382,450, up 4.8% from last year.

How long do homes stay on market in Orland Park?

Homes typically spend 40 days on market before going under contract.

What is the median income in Orland Park?

The median household income is $98,979 per year.

Is Orland Park a buyer's or seller's market?

With 2.7 months of supply, Orland Park is currently a seller's market.

What is the Zillow home value estimate for Orland Park?

The Zillow Home Value Index (ZHVI) for Orland Park is $414,682, representing the typical home value in the area.

What is the median condo price in Orland Park?

The median condo/co-op sale price in Orland Park, IL is $245,000, compared to $517,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Orland Park?

The median single-family home price in Orland Park, IL is $517,500 (about $204 per square foot).

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