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Preforeclosure Homes in Tinley Park, IL

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Living in Tinley Park, IL

Tinley Park, located in Cook County, IL, is a vibrant suburb offering a welcoming community, quality schools, and a variety of parks and recreation options. Its strategic location provides easy access to transportation for commuting and entertainment, making it an ideal place for families and professionals alike.

Current Market Conditions in Tinley Park, IL

The Tinley Park real estate market is currently showing signs of stability with a moderate level of activity. Homes in this area are averaging a time on market of about 30 days, reflecting a healthy level of buyer interest in both single-family homes and townhouses. Prices have seen slight fluctuations but generally remain on an upward trend, indicative of growing demand.

There is a diverse range of properties available, from affordable starter homes to more luxurious options, catering to a variety of budgets and preferences. Neighborhoods in Tinley Park are well-kept, further enhancing the appeal of homes in this area for potential buyers.

Home Value Estimator For Tinley Park, IL

There are currently 22,276 real estate properties in Tinley Park, IL, with a median automated valuation model (AVM) price of $340,701.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tinley 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 Tinley Park, IL, is $381,006.00, with the most expensive house in Tinley Park, IL, topping out at $84,708,008.00 and the cheapest home in Tinley Park, IL, clocking in at $12,439.00. In other words, there’s something for every potential homebuyer or savvy investor in Tinley Park, IL!

Rent Prices In Tinley Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tinley Park, IL, is on a rollercoaster ride. The average rent price in Tinley Park, IL, is $1,918.00. Indeed, when looking to rent in Tinley Park, IL, you can expect to pay as little as $860.00 or as much as $3,760.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Tinley 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.

Tinley Park, IL Preforeclosure Homes


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