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All market snapshots / 60707

Elmwood Park, IL 60707 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Elmwood Park, IL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.24
ActiveActive listings: 3434PendingPending sales: 88
Elmwood 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): $415k$415kSoldMedian sold price (last 6 months): $360k$360k
What homes actually sell for in Elmwood Park, IL
Distribution of 256 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $190k to $465k
$140k to $210k: 72 sales72sales$140k$210k to $280k: 19 sales$280k to $350k: 21 sales$280k$350k to $420k: 48 sales$420k to $490k: 35 sales$420k$490k to $560k: 15 sales$560k to $630k: 13 sales$560k$630k to $700k: 10 salesMedian $360k

What the numbers say

As of October 5, 2026, Resideline is tracking 34 active listings and 8 pending sales in ZIP code 60707. That pending-to-active ratio of 0.24 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $414,950, while the median of the 256 closed sales Resideline tracked over the last six months was $360,000. 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 60707 for 70 days.

Frequently asked questions

What is the median home price in 60707?

The median closed sale price in Elmwood Park, IL 60707 was $360,000 over the last six months, based on 256 closed sales tracked by Resideline. The middle half of those sales ranged from $190,000 to $465,000.

Is 60707 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 34 active listings in 60707, a pending-to-active ratio of 0.24. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 60707 currently looks like a balanced market.

Nearby ZIP code market data

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