Business & Tech

Tinley Park Home Prices Drop 5.2% in Cook County

Single-family home prices fell last year in 238 of 252 Chicago-area zip codes tracked by Fiserv Inc., according to a Crain's Chicago Business report.

Home prices in Tinley Park's 60477 ZIP code dropped 5.2 percent last year, but that's far from the biggest drop in the Chicago region.

According to Crain's Chicago Business, 238 of 252 Chicago-area zip codes tracked by Fiserv Inc. saw their home prices fall in 2010, with the overall drop being about 5.2 percent.

In a video covering the prices drops, a Crain's reporter said the biggest declines were in the city's southside neighborhoods. South suburban Harvey suffered the biggest drop at 19.6 percent.

Find out what's happening in Tinley Parkfor free with the latest updates from Patch.

Here's a breakdown of local towns. The Crain's report said there was insufficient data for Tinley Park's 60487 ZIP.

Town Percentage Drop Naperville (60564) -2.4 percent Frankfort -2.6 percent Bolingbrook (60440) -2.7 percent Shorewood -2.8 percent Channahon -3.1 percent Naperville (60565) -3.1 percent Plainfied (60544) -3.2 percent Romeoville -3.3 percent Flossmoor -3.4 percent Chicago Heights -4.2 percent Homewood -4.3 percent Mokena -4.3 percent Bolingbrook (60490) -4.4 percent Plainfield (60585) -4.5 percent Plainfield (60586) -5.0 percent Tinley Park (60477)
-5.2 percent Oak Forest -5.3 percent Orland Park (60467) -5.5 percent New Lenox -5.8 percent Orland Park (60462) -6.0 percent Palos Heights -6.5 percent Palos Park -6.6 percent Palos Hills -6.8 percent Oak Lawn -8.7 percent Evergreen Park -9.6 percent

Find out what's happening in Tinley Parkfor free with the latest updates from Patch.

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