Fernway, Orland Park, IL
Fernway — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Fernway, Orland Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Fernway Neighborhood Overview
Fernway is a well-established residential neighborhood in Orland Park, Illinois, offering a classic suburban lifestyle. The community is characterized by its quiet, tree-lined streets and a strong sense of neighborliness. It provides residents with a peaceful retreat while maintaining convenient access to the broader amenities of the southwest suburbs.
Lifestyle & Amenities
Residents enjoy a family-centric lifestyle with easy access to Orland Park's renowned shopping and dining options. The neighborhood is close to major retail centers like Orland Square Mall and the Orland Park Place. Nearby parks and forest preserves offer ample opportunities for outdoor recreation and community events.
Real Estate Market
The Fernway real estate market features primarily single-family homes that represent solid value in the area. According to recent data, the median home value is approximately $321,700, with a current price per square foot around $114.54. This positions the neighborhood as an attractive and relatively affordable option within the desirable Orland Park community.
Schools & Education
Families in Fernway are served by the highly regarded Orland School District 135 and Consolidated High School District 230. These districts are known for their strong academic programs and extracurricular offerings. The proximity to quality schools is a significant draw for homebuyers with children.
Transportation & Connectivity
Fernway offers excellent connectivity via major roadways like La Grange Road (Route 45) and Interstate 80. This provides straightforward commutes to Chicago and other employment centers in the region. Public transportation options, including Metra rail service from nearby stations, offer alternatives for getting downtown.
Why Choose Fernway
Fernway is an ideal choice for those seeking a stable, family-friendly community with a high quality of life. It combines affordable homeownership, top-tier schools, and convenient amenities into a cohesive package. The neighborhood's strong sense of community and prime Orland Park location make it a perennial favorite among suburban homebuyers.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Fernway Market Data
| Metric | Value |
|---|---|
| Median Home Price | $322K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $95K |
| Homeownership Rate | 83.2% |
| Renter-Occupied | 16.9% |
| Rental Vacancy Rate | 5.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60462 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Fernway, Orland Park
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Fernway, Orland Park, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14