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Advertise here →Franklin Park, IL · Houses & Market Data
Franklin Park, Illinois houses and real estate market data.
Houses in Franklin Park, IL (Cook County) — Census median home value $261,700, county listing prices up about 2.2% over the past year. Market data for Franklin Park houses and the broader area.
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Franklin Park, IL is in Cook County, Illinois — this guide covers houses in Franklin Park and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,233, with a median household income of $76,009. Census data puts Franklin Park houses at a median value of $261,700 (all owner-occupied homes); Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Franklin Park housing market
Franklin Park is in Cook County, Illinois. Manifest Census and county price-trend data provide baseline context for houses in Franklin Park and the surrounding county market.
Median home value (Census ACS)
$261,700
Population (Census ACS)
18,233
Median household income
$76,009
County price trend (2025)
5.52% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Franklin Park market snapshot
Population
18,233
County
Cook County
Median Household Income
$76,009
Median Home Value (city)
$261,700
Median Listing Price (Cook County)
$352,450
Median Gross Rent
$1,103/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Franklin Park different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin Park's median home value — across all owner-occupied homes, not just recent sales — at $261,700. Separately, Cook County's current median listing price (via Realtor.com data, 2026-06-01) runs $352,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Population & Income
Franklin Park has an estimated population of 18,233 and a median household income of $76,009, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Franklin Park's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Franklin Park
County guide: Cook County — cities, market context, and local resources for the county that includes Franklin Park.
USAHouses.com also helps visitors looking in nearby Cook County and other Illinois communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Schiller Park, Northlake, Stone Park, River Grove, Melrose Park, Elmwood Park, Norridge, Berkeley, Bensenville, Bellwood, Rosemont, River Forest, Elmhurst, Maywood, Harwood Heights, Hillside.
Schiller Park market data
Nearby city · ~1.6 mi
Northlake market data
Nearby city · ~2.0 mi
Stone Park market data
Nearby city · ~2.3 mi
River Grove market data
Nearby city · ~2.3 mi
Melrose Park market data
Nearby city · ~2.4 mi
Elmwood Park market data
Nearby city · ~3.4 mi
Norridge market data
Nearby city · ~3.5 mi
Berkeley market data
Nearby city · ~3.6 mi
Bensenville market data
Nearby city · ~3.6 mi
Bellwood market data
Nearby city · ~3.7 mi
Rosemont market data
Nearby city · ~3.7 mi
River Forest market data
Nearby city · ~4.2 mi
Elmhurst market data
Nearby city · ~4.3 mi
Maywood market data
Nearby city · ~4.3 mi
Harwood Heights market data
Nearby city · ~4.3 mi
Hillside market data
Nearby city · ~4.9 mi
More Illinois cities with market guides: Aurora, Joliet, Naperville, Rockford, Elgin, Springfield, Peoria, Waukegan.
Aurora market data
Same-state city guide
Joliet market data
Same-state city guide
Naperville market data
Same-state city guide
Rockford market data
Same-state city guide
Elgin market data
Same-state city guide
Springfield market data
Same-state city guide
Peoria market data
Same-state city guide
Waukegan market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Wood Dale (~5.6 mi), Villa Park (~6.2 mi), Addison (~6.7 mi), Oakbrook Terrace (~7.3 mi), Itasca (~7.7 mi), Oak Brook (~7.9 mi), Lombard (~8.2 mi), Glendale Heights (~10.3 mi), Clarendon Hills (~10.3 mi), Glen Ellyn (~10.6 mi), Bloomingdale (~10.8 mi), Westmont (~10.9 mi), Willowbrook (~12.1 mi), Downers Grove (~12.2 mi), Wheaton (~13.0 mi), Carol Stream (~13.1 mi).
New construction: New homes near Franklin Park (Chicago) · Illinois new construction.
Census & home facts
Franklin Park data from published sources
Population (ACS 2023)
18,233
Median home value (ACS 2023)
$261,700
Median household income (ACS 2023)
$76,009
Median gross rent (ACS 2023)
$1,103
County FHFA annual change (2025)
5.52%
County median listing price (FRED/Realtor.com) (2026-06-01)
$352,450
Census place type
village
County
Cook County
Land area (Census Gazetteer 2024)
4.78 sq mi
Census GEOID
1727702
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Franklin Park
Availability and pricing are controlled by the builder and may change; confirm with the builder.
The Summit at Yorktown ↗
D.R. Horton · Lombard, Illinois · ~9.2 mi
Talon Preserve ↗
M/I Homes · Downers Grove, Illinois · ~9.9 mi
Wise Commons ↗
Pulte · Schaumburg, Illinois · ~11.7 mi · from $528,990
The Woodlands ↗
Champion Homes · Chicago, Illinois · ~12.1 mi
Realty Systems Inc ↗
Skyline Homes · Chicago, Illinois · ~12.1 mi
Local life
Life in Franklin Park
Schools
City of Chicago SD 299 — 644 schools, 321,666 students enrolled, per the U.S. Department of Education's Common Core of Data. Cook addresses may be served by City of Chicago SD 299, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Franklin Park FAQ
What are houses worth in Franklin Park, IL?
The Census Bureau's American Community Survey puts the median value of houses in Franklin Park at $261,700. Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
How much do houses cost in Franklin Park, IL?
For owner-occupied houses in Franklin Park, Census ACS data shows a median value of $261,700. Active listing prices in Cook County may differ — see the market snapshot above.
What types of houses are in Franklin Park, IL?
Franklin Park houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Cook County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Franklin Park, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Franklin Park's population at approximately 18,233.
What's the median rent in Franklin Park, IL?
The Census ACS estimates median gross rent in Franklin Park at approximately $1,103 per month.
What is the median household income in Franklin Park, IL?
Census ACS data puts the median household income in Franklin Park at approximately $76,009.
Is the Franklin Park housing market growing?
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Is Franklin Park, IL affordable relative to income?
Census ACS data puts Franklin Park's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Franklin Park, IL?
Manifest and public school-directory data suggest City of Chicago SD 299 for many Franklin Park addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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