Median sales prices decreased ever so slightly in both Tinley Park and Orland Park for the month of August.

In Orland Park, median prices declined from $277,000 in July, down to $276,000 in August. 

The median sales price for a typical (3BR/3BA 2,000-3,000 sq ft) home in Tinley Park also decreased (down just $250), but held almost all of the substantial increase mentioned last month, coming in at $339,000 for August.

I consider this another positive sign that our local market continues to remain stable, which is a good thing considering the challenging economic recovery phase we have entered.

Click to read the full August 2020 Orland Park and Tinley Park Real Estate Market Update report


This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.