The median sale price of a home in Margate Park was $262K last month, up 74.3% since last year. The median sale price per square foot in Margate Park is $236, down 5.6% since last year.
What is the housing market like in Margate Park today?
In October 2024, Margate Park home prices were up 74.3% compared to last year, selling for a median price of $262K. On average, homes in Margate Park sell after 38 days on the market compared to 52 days last year. There were 18 homes sold in October this year, down from 25 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$261,500
+74.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Margate Park, IL
$261,500
+74.3%
United States
To compare other locations to the Margate Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chicago add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Margate Park
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Margate Park housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
101.4%
+2.1 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Margate Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Margate Park.
Flood Factor - Minor
79% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Margate Park has a minor risk of flooding. 44 properties in Margate Park are likely to be
severely affected
by flooding over the next 30 years. This represents 79% of all properties in Margate Park. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Margate Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Margate Park is most at risk from hurricanes. 242 properties in Margate Park have some risk of being in a severe wind event within the next 30 years.