Melrose Park village: Median Home Value Trend
How Melrose Park village's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$173,700
2023
$265,000
Total change
+$91,300
% change
+52.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $173,700 | — |
| 2019 | $192,000 | +$18,300 (10.5%) |
| 2020 | $200,700 | +$8,700 (4.5%) |
| 2021 | $222,700 | +$22,000 (11%) |
| 2022 | $248,500 | +$25,800 (11.6%) |
| 2023 | $265,000 | +$16,500 (6.6%) |