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Updated May 2026 · Redfin · 3-month window

60160 Real Estate Market Update: Melrose Park, IL, May 2026

The latest housing-market numbers for ZIP code 60160 in Melrose Park, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 60160 · Melrose Park, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$363K▼ -10.0%▲ +6.6%
Days on market110▼ -7.2%▲ +119.0%
Homes for sale21▼ -25.0%▼ -41.7%
Sale-to-list98.5%▼ -0.6%▲ +0.9%
Homes sold24▲ +9.1%▲ +41.2%

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 60160 numbers say

Prices in Melrose Park's 60160 ZIP are still climbing. The median sale price reached $362,500, up 6.6% year over year. The market has loosened: a typical listing now takes around 110 days to go under contract, with sellers getting 98.5% of list price.

Based on 24 recent sales, 60160 is currently an active market.

What this means if you sell in 60160

Use these figures to set expectations early. Lead a listing appointment with the median price and the 110-day pace, show the year-over-year direction, and frame 60160 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 60160 housing market

What is the median home price in ZIP 60160 (Melrose Park, IL)?
As of May 2026, the median sale price in ZIP 60160 is $362,500 (+6.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 60160 a buyer's or seller's market right now?
ZIP 60160 is currently an active market, based on a 98.5% sale-to-list ratio, about 110 days on market for May 2026.
How long do homes take to sell in ZIP 60160?
A typical listing in 60160 goes under contract in about 110 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 60160 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/60160/" rel="dofollow">60160 Melrose 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.