Market Overview
Home Prices in Orland Park, IL
The median home value in Orland Park, IL is $414,682 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Orland Park are priced1% above average. Orland Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Orland Park home values have risen by approximately27.8%, reflecting strong long-term appreciation in this market.
Price History
Orland Park Home Price Trend
City Comparison
Orland Park vs. National Median
At $414,682, homes in Orland Park cost 1% above the national median of $410,000. Buyers in Orland Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Orland Park?
20% Down Payment
$82,936
on $414,682
Monthly P&I
$2,163/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,747/mo
incl. taxes & insurance
Income Needed
$109,880
gross annual (30% rule)
10% Down Option
$41,468
+ PMI applies
Loan Amount (20% dn)
$331,746
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Orland Park, IL?
The median home value in Orland Park is $414,682 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in Orland Park?
Over the past year, home values in Orland Park have increased by 5.5%. Over five years, prices have risen approximately 27.8%.
How much do I need to earn to buy a home in Orland Park?
To comfortably afford the median home price of $414,682 with a 20% down payment ($82,936) at today's rates (6.8%), you'd need a gross annual income of approximately $109,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Orland Park compare to the national average home price?
The national median home value is approximately $410,000. At $414,682, homes in Orland Park are 1% above the national average.
What metro area is Orland Park part of?
Orland Park is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.