Orland Park, IL is an attractive area for homebuyers due to its high median housing value of $353,300. This is significantly higher than the national house median value of $338,100, and the one-year appreciation rate in Orland Park was 9.35%, higher than the U.S. average of 8.27%. With such a robust real estate market, it is no surprise that Orland Park remains a popular destination for families and individuals looking to purchase a home.
The median home cost in Orland Park is $353,300. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Orland Park is up 13.7%.
Average Age of Homes
- The median age of Orland Park real estate is 29 years old
The Rental Market in Orland Park
- Renters make up 10.6% of the Orland Park population
- 0.3% of houses and apartments in Orland Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.