Housing in Merrionette Park, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$235,000

Median List Price

N/A

Price Per Sq Ft

$171

Days on Market

90

Active Inventory

1

Months of Supply

0.1

Seller's market

Zillow Home Value

$218,068

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 58.8%List Price 407.5%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

28.6%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
28.6%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

7

Pending Sales

1

Homes Sold 250.0%New Listings 0.0%Pending 50.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$171

Sale $/SF 14.0%List $/SF 163.0%Apr 24Jan 26

Merrionette Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Merrionette Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$152,600

Median Rent

$1,197

Total Housing Units

1,026

Vacancy Rate

2.6%

Owner Occupied

78.7%

Renter Occupied

21.3%

Median Property Tax

$2,964

per year

Monthly Cost (w/ Mortgage)

$1,073

Housing Types

Single Family
64.7%
Multi-Family
13.2%
Mobile Home
22.1%

The current median sale price in Merrionette Park, IL is $235,000 according to Redfin data. Homes spend a median of 90 days on the market. 28.6% of homes sold above asking price. The market has 0.1 months of supply. The median price per square foot is $171. The median rent is $1,197 per month (Census ACS). About 78.7% of housing units are owner-occupied. The median year homes were built is 1961. There are 1,026 total housing units.