Melrose Park Real Estate Market Conditions

  • Median sales price

    $256,000
    -0.32% change since last quarter
  • # Active listings

    43
    30-day change

Melrose Park Schools and Demographics

Education near Melrose Park, IL

City County
High School Graduates 70.14 86.19
College Degree - 2 year 7.75 6.53
College Degree - 4 year 11.97 37.19
Graduate Degree 2.5 10.61
Expenditures per Student 10,880 15,837
Students per Teacher 20.9 19.3

Elementary Schools near Melrose Park, IL

Grades Students P/T Ratio ZIP
Early Childhood Cntr/Lincoln Primary PK - PK 222 31.7 60104
Emerson Elementary School PK - 05 491 16.8 60153
Garfield Elementary School KG - 05 455 18.5 60153
Grant Elementary School KG - 04 489 19.1 60160
Grant Primary KG - KG 150 14.6 60165
Jane Addams Elementary School PK - 05 546 17.7 60160
Jefferson Elementary School PK - 05 390 15.6 60104
Lincoln Elementary School PK - 05 681 19.4 60153
Lincoln Elementary School KG - 06 474 19 60104
McKinley Elementary School KG - 06 436 16.4 60104
Melrose Park Elementary School KG - 05 943 20.1 60160
Rhodes Elementary School PK - 08 702 11.4 60171
River Grove Elementary School KG - 08 679 14.3 60171
Scott Elementary School KG - 05 465 12.9 60164
Thurgood Marshall Elementary School KG - 06 508 19.2 60104
Washington Elementary School PK - 01 73 12.4 60153

Middle Schools near Melrose Park, IL

Grades Students P/T Ratio ZIP
Irving Elementary School 06 - 08 682 16.1 60153
Lexington Elementary School PK - 08 288 18.6 60153
Mannheim Middle School 06 - 08 895 14.9 60164
Roosevelt Middle School 07 - 08 491 16.3 60104
Stevenson Elementary School 06 - 08 1,028 18.7 60160

High Schools near Melrose Park, IL

Grades Students P/T Ratio ZIP
Proviso East High School 09 - 12 1,623 23.2 60153

Ungraded Schools near Melrose Park, IL

Grades Students P/T Ratio ZIP
PAEC Alternative High School 09 - 10 84 5.6 60153
Proviso Area Except Child Center 01 - 12 182 7.6 60153
West 40-SR. Plus UG - UG 0 60104

Demographics near Melrose Park, IL

City County
Neighborhood Type City Neighborhood
Population 25,447 5,238,541
Population Density 6,005 5,544
Median Age 32.9 36.4
People per Household 3.3 2.6
Median Household Income 47,925 59,426
Average Income per Capita 19,469 33,722

Melrose Park Real Estate

The median home value in Melrose Park, IL is $256,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Melrose Park, IL is $256,000. Approximately 45.06% of Melrose Park homes are owned, compared to 48.37% rented, while 6.57% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose Park real estate agent to arrange a tour today!

Melrose Park, Illinois has a population of 25,447. Melrose Park is more family-centric than the surrounding county with 36.86% of the households containing married families with children. The county average for households married with children is 30.49%.

The median household income in Melrose Park, Illinois is $47,925. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Melrose Park is 32.9 years.

Melrose Park Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 38 inches per year, with 36.3 inches of snow per year.