Melrose Park, IL Prices for Houses for Sale AVERAGE 292,049 +8% MEDIAN 298,750 +11% Relative Price (per sqft.) PRICE Listings of Melrose Park Homes for Purchase ACTIVE 40 +24% NEW 48 -10% Market Duration of Homes Sold DAYS 25 -32% Local Statistics Population 24,406 (-0.01%) House Size (sqft.) 1,377 (-14.11%)