How Competitive is the Tinley Park, IL Housing Market?
Tinley Park, a city near Chicago, IL, is a highly competitive housing market. About 46% of homes sold above list price in the 3 months ending June 2026, and the typical home sold in just 42 days.
The National Picture
Nationally, 24.6% of homes sold above asking in June 2026, and the typical home spent 50 days on market. Tinley Park's 46.9% sold-above rate exceeds the national average, and its 42-day median keeps pace. Buyers here face more competition than in a typical U.S. market.
DOM Drops Eight Days as the Market Tightens
Days on market dropped 8 days year over year to 42—the largest DOM improvement in this south suburban comparison. The sold-above rate climbed nearly 5 points to 47%, and homes sell at 100.2% of list. Nearby Mokena (46 days, 37% sold above) is slower and less competitive, while New Lenox (68% off-market) moves faster. Tinley Park is tightening into a seller's market at its affordable $338,000 median.
Why is Tinley Park Highly Competitive?
Tinley Park is highly competitive because lean inventory and affordable pricing attract a large buyer pool that consistently outbids available supply. At 2.0 months of supply, the market tilts firmly toward sellers. Despite 16% of listings carrying price drops, the high sold-above rate shows correctly priced homes still attract bidding wars. Days on market shrank 8 days from last year, reflecting an accelerating pace.
Nearby Neighborhoods
| Neighborhood | Sold Above List | Sale-to-List | Days on Market | Off Mkt in 2 Wks |
|---|---|---|---|---|
| Tinley Park | 46.9% | 100.2% | 42 days | 61.4% |
| Brementowne Estates | 49.9% | 102.5% | 47 days | 67.6% |
| Mokena, IL | 37.4% | 100.0% | 46 days | 59.3% |
| New Lenox, IL | 55.8% | 101.4% | 41 days | 68.1% |
| Orland Park, IL | 44.3% | 99.6% | 44 days | 56.1% |
| Frankfort, IL | 31.9% | 99.0% | 50 days | 44.7% |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending June 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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