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Foreclosure Homes in Calumet Park, IL 60643

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Calumet Park, IL Foreclosures

Current Market Conditions in in Calumet Park, IL As of February 2026?
Over the past month, Calumet Park's housing market has seen a slight uptick in sales activity, attributed to a competitive mortgage rate environment. Buyers are increasingly drawn to the area due to its affordability and community amenities. However, inventory levels remain tight, which could lead to upward pressure on home prices in the near future. The summer months typically bring an increase in listings, contributing to a more vibrant market dynamics.
How much do homes sell for in Calumet Park, IL?
The average home price is currently $191,990.
In Calumet Park, IL, how many homes are available?
There are currently 2 active home listings available in Calumet Park.
What’s the average rental cost in Calumet Park, IL?
The average rental price in Calumet Park is $1,287.
What is the most expensive home in Calumet Park?
The most expensive home sold in Calumet Park had a price of $3,570,314.
What is currently the cheapest priced home in Calumet Park, IL?
The cheapest home for sale in Calumet Park is priced at $17,500.

Living in Calumet Park, IL

Calumet Park, IL is a suburban community offering a family-friendly atmosphere with a diverse population. With access to parks, local events, and convenient transportation to Chicago, it is an ideal location for those seeking both community and convenience. The area boasts top-notch schools and a variety of local amenities.

Buyer vs Seller Market in Calumet Park, IL

Calumet Park's real estate market has shown resilience, with steady demand for single-family homes. Home values have appreciated moderately, making it an attractive option for investment. As the area continues to develop, new housing opportunities are emerging, catering to a variety of buyers.

Currently, the market is balanced, with a healthy inventory of homes for sale. Buyers are showing interest in well-maintained properties, while sellers are pricing competitively to attract offers. The ongoing improvements in local infrastructure are likely to fuel further growth in the housing market.

Home Value Estimator For Calumet Park, IL

There are currently 2,436 real estate properties in Calumet Park, IL, with a median automated valuation model (AVM) price of $176,308.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Calumet Park, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Calumet Park, IL, is $191,990.00, with the most expensive house in Calumet Park, IL, topping out at $3,570,314.00 and the cheapest home in Calumet Park, IL, clocking in at $17,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Calumet Park, IL!

Rent Prices In Calumet Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Calumet Park, IL, is on a rollercoaster ride. The average rent price in Calumet Park, IL, is $1,287.00. Indeed, when looking to rent in Calumet Park, IL, you can expect to pay as little as $890.00 or as much as $1,840.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Calumet Park, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Calumet Park, IL 60643 Foreclosures


Market Trend for Calumet Park, IL

Total Listings Available: 2

Market Values:

Home Prices from $17,500 to $3,570,314

Average Sales Price: $191,990

Rental Values:

Rental from $890 to $1,840

Average Rent Value: $1,287 / month

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