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Updated May 2026 · Redfin · 3-month window

60131 Real Estate Market Update: Franklin Park, IL, May 2026

Analysis by , Founder & CEO, INEYA Studio — data updated May 2026 from the Redfin Data Center.

The latest housing-market numbers for ZIP code 60131 in Franklin Park, Illinois, for May 2026: a $326K median sale price, straight from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

$326K
Median sale price · May 2026
$332K
A year earlier · 2025
55
Days on market
100.0%
Sale-to-list
ZIP 60131 · Franklin Park, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$326K▼ -3.4%▼ -1.8%
Days on market55▼ -7.6%▲ +32.5%
Homes for sale31▲ +29.2%▼ -11.4%
Sale-to-list100.0%▼ -0.7%▼ -0.4%
Homes sold36▲ +20.0%▼ -2.7%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 60131 numbers say

The 60131 ZIP in Franklin Park is cooling. The median sale price sits at $326,000, 1.8% below last year. The market has loosened: a typical listing now takes around 55 days to go under contract, with sellers getting 100.0% of list price.

Based on 36 recent sales, 60131 is currently an active market.

What this means if you sell in 60131

Use these figures to set expectations early with each client. Lead a listing appointment with the $326K median price and the 55-day pace, show the year-over-year direction, and frame 60131 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 60131 market

We built LOKAL to pull 60131's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $326K median sale price, -1.8% year over year, a 100.0% sale-to-list ratio and a -3.4% month-over-month move across 36 recorded sales. That compares with roughly $332K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 60131 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 60131 housing market

What is the median home price in ZIP 60131 (Franklin Park, IL)?
As of May 2026, the median sale price in ZIP 60131 is $326,000 (-1.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 60131 a buyer's or seller's market right now?
ZIP 60131 is currently an active market, based on a 100.0% sale-to-list ratio, about 55 days on market for May 2026.
How long do homes take to sell in ZIP 60131?
A typical listing in 60131 goes under contract in about 55 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 60131 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/il/zip/60131/" rel="dofollow">60131 Franklin Park real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.