Tinley Park, IL Housing Market & Real Estate

Balanced market-11.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Tinley Park, IL is $285,000, down 11.5% year-over-year. Homes sell in an average of 61 days with 158 active listings. The market is currently a balanced market.

$285,000median sale price

Homes sold

49

Last 12 weeks

Days on market

61

Average pace

Active listings

158

3.2 months supply

Sale-to-list

98.6%

Below asking

Tinley Park, IL market data

Current housing market statistics for Tinley Park, IL
MetricValue
Median sale price$285,000
Median list price$354,990
Year-over-year price change-11.5%
Average days on market61 days
Active inventory158 listings
Months of supply3.2 months
Sale-to-list price ratio98.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Tinley Park housing market is currently classified as a balanced market with a median sale price of $285,000. Prices have fallen 11.5% compared to last year, with homes spending an average of 61 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Tinley Park

There are currently 158 homes listed for sale in Tinley Park, Illinois. The median listing price is $355K.

Active listings

158

Homes on market

Median list price

$355K

Avg. days on market

61

Days until sale

New this week

89

Newly listed

Price drops:16.5%of listings
Sale-to-list:98.6%

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Frequently asked questions

What is the average home price in Tinley Park?

The median home sale price in Tinley Park is $285,000, down 11.5% from last year.

How long do homes stay on market in Tinley Park?

Homes typically spend 61 days on market before going under contract.

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

With 3.2 months of supply, Tinley Park is currently a balanced market.

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