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All Blogs (18)Housing Market (8)
  • Are Home Prices Rising or Falling in Tinley Park, IL?,Melissa Kingsbury

    Are Home Prices Rising or Falling in Tinley Park, IL?

    Tinley Park, a city near Chicago, IL, is posting solid price gains while remaining one of the more affordable options in the south suburbs. In the 3 months ending August 2026, the median home here sold for $329,782, up 4.7% from a year earlier. Here's what's driving it and what it means for buyers a

  • Are Home Prices Rising or Falling in Frankfort, IL?,Melissa Kingsbury

    Are Home Prices Rising or Falling in Frankfort, IL?

    Frankfort, a city near Chicago, IL, is a higher-priced market where price growth has slowed. The median sale price reached $664,560 in the 3 months ending August 2026, up 1.9% year over year. Here's why, and what buyers and sellers should know today. The National Picture Home prices across the U.S.

  • How Walkable is Tinley Park, IL?,Melissa Kingsbury

    How Walkable is Tinley Park, IL?

    Affordable and car-dependent, Tinley Park near Chicago, IL scores a 35 on the Walk Score scale. The village anchors the south suburban corridor with a Metra station and a compact commercial core near Oak Park Avenue. Walkability in the Chicago area Tinley Park's 35 is below the metro average of 77 b

  • How Walkable is Frankfort, IL?,Melissa Kingsbury

    How Walkable is Frankfort, IL?

    Among the lowest Walk Scores in Chicagoland belongs to Frankfort, at just 19 out of 100. Yet with a median sale price of $629,585, it's also one of the most expensive communities measured here. Buyers are not purchasing walkability in Frankfort. Walkability in the Chicago area Frankfort has a Walk S

  • Cook County, IL Housing Market Update: July 2026,Redfin Economics Team

    Cook County, IL Housing Market Update: July 2026

    Key Takeaways Cook County home prices surged nearly 9% year over year in July—triple the national rate of 3%—as shrinking inventory fueled intense competition. The median sale price reached $396,338, up 8.6% year over year, while active listings fell 3% and nearly half of homes sold above asking. Na

  • How Competitive is the Tinley Park, IL Housing Market?,Melissa Kingsbury

    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 spe

  • How Competitive is the Frankfort, IL Housing Market?,Melissa Kingsbury

    How Competitive is the Frankfort, IL Housing Market?

    Frankfort, a city near Chicago, IL, is a competitive housing market. About 31% of homes sold above list price in the 3 months ending June 2026, down from a year ago. The National Picture 24.6% of U.S. homes sold for above asking in June 2026, with a sale-to-list ratio of 98.3%. Frankfort's 31.9% and

  • Cook County, IL Housing Market Update: June 2026,Redfin Economics Team

    Cook County, IL Housing Market Update: June 2026

    Key Takeaways Cook County crossed a milestone in June: more than half of homes sold above their asking price for the first time since mid-2022, while national above-list rates remained near historic lows. The median sale price reached $398,875, up 6% year over year—triple the national rate of price

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