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Orland Park, IL 60462 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Orland Park, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 3030PendingPending sales: 55
Orland Park, IL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $350k$350kSoldMedian sold price (last 6 months): $366k$366k
What homes actually sell for in Orland Park, IL
Distribution of 391 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $244k to $485k
$181k to $258k: 87 sales87sales$181k$258k to $335k: 75 sales$335k to $412k: 59 sales$335k$412k to $489k: 57 sales$489k to $566k: 42 sales$489k$566k to $643k: 18 sales$643k to $720k: 10 sales$643k$720k to $797k: 4 salesMedian $366k

What the numbers say

As of October 26, 2026, Resideline is tracking 30 active listings and 5 pending sales in ZIP code 60462. That pending-to-active ratio of 0.17 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $349,900, while the median of the 391 closed sales Resideline tracked over the last six months was $366,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 60462 for 64 days.

Frequently asked questions

What is the median home price in 60462?

The median closed sale price in Orland Park, IL 60462 was $366,500 over the last six months, based on 391 closed sales tracked by Resideline. The middle half of those sales ranged from $243,504 to $485,000.

Is 60462 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 30 active listings in 60462, a pending-to-active ratio of 0.17. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 60462 is currently a faster-moving market.

Nearby ZIP code market data

Full Orland Park, IL housing market report →

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