Franklin Park, IL—60131
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$319,000
4.0% YoY Growth
Household Income
$76,400
21.0% YoY Growth
Days on Market
24
6.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,900
17.8% YoY Growth
1-Bed Rent
$1,300
4.4% YoY Growth
2-Bed Rent
$1,900
1.9% YoY Growth
3-Bed Rent
$2,040
14.9% YoY Growth
Home Price Trends — Franklin Park, IL
As of May '26, the median home price in Franklin Park, IL is $319,000, with a year-over-year change of 4.0%. This indicates that home prices in Franklin Park, IL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $319,000 | 4.0% |
| Single Family | $322,000 | 4.2% |
| Condos | $197,000 | 10.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |