Franklin Park and Leyden Township, IL Housing Market Report – March 2025
As of March 2025, the housing markets in Franklin Park and Leyden Township, Illinois, exhibit notable trends characterized by significant price increases, competitive conditions, and evolving inventory levels. Below is an updated overview based on the latest available data:
Franklin Park:
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Median Home Prices: In February 2025, Franklin Park homes sold for a median price of $373,000, reflecting a substantial 44.9% year-over-year increase compared to February 2024.
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Market Activity: Homes in Franklin Park typically remained on the market for an average of 62 days in February 2025, a decrease from 87 days in February 2024.
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Market Competitiveness: The Franklin Park housing market is considered very competitive, scoring 73 out of 100, indicating strong demand and a brisk sales pace.
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Inventory Levels: The number of homes for sale in Franklin Park increased by 14.8% from January to February 2025, with 31 homes listed in February.
Leyden Township:
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Median Home Prices: As of January 31, 2025, the typical home value in Leyden Township was approximately $315,000.
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Market Activity: In February 2025, Leyden Township experienced a 22.5% increase in homes for sale compared to January 2025, with 224 homes listed.
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Market Competitiveness: The average time on the market for homes in Leyden Township was 29 days in February 2025, indicating a moderately active market.
Outlook:
Both Franklin Park and Leyden Township are experiencing robust growth, with significant price increases and competitive environments. The rise in inventory levels may provide more options for buyers, potentially influencing market dynamics. Prospective buyers and sellers should stay informed about these trends and consult with local real estate professionals to navigate the evolving market effectively.
For personalized insights or assistance with buying or selling in Franklin Park and Leyden Township, contact Frank "Campo" Campobasso at Century 21 Circle.
Frank "Campo" Campobasso
Century 21 Circle
Phone: 773-425-6265
