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Featured local agent — Tinley Park, IL
Sarah Mitchell
Compass Real Estate · Tinley Park, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tinley Park, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$346,000median sale price
How is the Tinley Park, IL housing market right now?
The median home sale price in Tinley Park, IL is $346,000, up 0.3% year-over-year. Homes sell in an average of 47 days with 190 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 Tinley Park a buyer's or seller's market?
Tinley Park, IL is currently a seller's market, based on 2.3 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
83
Last 12 weeks
Days on market
47
Average pace
Active listings
190
2.3 months supply
Sale-to-list
100.7%
Above asking
What does the Tinley Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $346,000 |
| Median list price | $352,990 |
| Year-over-year price change | +0.3% |
| Average days on market | 47 days |
| Active inventory | 190 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 100.7% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 83 |
| New listings (latest month) | 121 |
| Listings with a price cut | 17.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tinley Park by property type?
How the Tinley 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 | $446,000 | $199/sq ft | 41 | 42 days |
| Condo / Co-op | $228,500 | $172/sq ft | 22 | 50 days |
| Townhouse | $344,495 | $181/sq ft | 20 | 49 days |
Source: Redfin · Updated monthly
The Tinley Park housing market is currently classified as a seller's market with a median sale price of $346,000. Prices have risen 0.3% compared to last year, with homes spending an average of 47 days on market, indicating 2.3 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Tinley Park
There are currently 190 homes listed for sale in Tinley Park, Illinois. The median listing price is $353K.
Active listings
190
Homes on market
Median list price
$353K
Avg. days on market
47
Days until sale
New this week
121
Newly listed
Who lives in Tinley Park?
Population
55,007
Median income
$103,819/yr
Median age
42.3 years
Owner-occupied
87.5%
College grads
38.4%
Avg commute
34.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Tinley Park?
Zillow home value
$339,012
Zillow rent index
$2,269/mo
Price-to-rent ratio
12.4x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Tinley Park?
Tinley Park is a community of approximately 55K residents with a median age of 42.3 years.The median household income is $103,819, which reflects a relatively affluent area with strong earning potential. 38.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 87.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Tinley Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Tinley Park?
12 schools tracked · 6,287 students
The largest public schools serving Tinley 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.
Tinley Park High School
Grades 9-12 · 1,062 students
Central Middle School
Grades 6-8 · 754 students
Prairie View Middle School
Grades 6-8 · 599 students
Virgil I Grissom Middle School
Grades 6-8 · 578 students
Christa McAuliffe School
Grades PK-5 · 546 students
Walker Intermediate School
Grades 5-6 · 527 students
Millennium Elem School
Grades PK-5 · 499 students
John A Bannes Elem School
Grades PK-5 · 440 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 Tinley Park, IL?
Want a head-to-head view? Compare Tinley Park side-by-side with any other U.S. city using our market-comparison tool.
Is Tinley Park a good real estate investment market?
For investors evaluating Tinley Park, the price-to-rent ratio of 12.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 0.3% 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 Tinley Park's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tinley Park's median home price.
Frequently asked questions
What is the average home price in Tinley Park?
The median home sale price in Tinley Park is $346,000, up 0.3% from last year.
How long do homes stay on market in Tinley Park?
Homes typically spend 47 days on market before going under contract.
What is the median income in Tinley Park?
The median household income is $103,819 per year.
Is Tinley Park a buyer's or seller's market?
With 2.3 months of supply, Tinley Park is currently a seller's market.
What is the Zillow home value estimate for Tinley Park?
The Zillow Home Value Index (ZHVI) for Tinley Park is $339,012, representing the typical home value in the area.
What is the median condo price in Tinley Park?
The median condo/co-op sale price in Tinley Park, IL is $228,500, compared to $446,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tinley Park?
The median single-family home price in Tinley Park, IL is $446,000 (about $199 per square foot).
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