Tinley Terrace, Tinley Park, IL
Tinley Terrace — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Tinley Terrace, Tinley Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Tinley Terrace Neighborhood Overview
Tinley Terrace is a residential neighborhood located in the southwest Chicago suburb of Tinley Park, Illinois. Characterized by its quiet, family-friendly streets, the community offers a suburban retreat with convenient access to broader amenities. Its central location within the village makes it a practical and desirable place to call home.
Lifestyle & Amenities
Residents enjoy proximity to the vibrant downtown Tinley Park area, which features a variety of local shops, restaurants, and community events. The neighborhood is also close to several parks and recreational facilities, supporting an active lifestyle. Major retail centers and everyday conveniences are just a short drive away for most households.
Real Estate Market
The housing market in Tinley Terrace primarily consists of single-family homes, many of which were built in the latter half of the 20th century. According to U.S. Census data, the median home value in the area is approximately $247,000. This represents a solid value within the broader Tinley Park real estate landscape.
Schools & Education
The neighborhood is served by the well-regarded Tinley Park Community Consolidated School District 146 and Kirby School District 140 for elementary and middle schools. High school students typically attend one of the schools within Consolidated High School District 230, which maintains a strong academic reputation. Families have access to a quality public education system.
Transportation & Connectivity
Tinley Terrace provides excellent connectivity via major roadways like Interstate 80 and Harlem Avenue, facilitating easy commutes to Chicago and surrounding suburbs. Public transportation options include nearby Metra rail stations on the Rock Island Line, offering direct service to downtown Chicago. The location balances suburban tranquility with efficient regional access.
Why Choose Tinley Terrace
Tinley Terrace appeals to those seeking an affordable, established suburban neighborhood with a strong sense of community. With a median household income of about $90,712, the area supports a comfortable standard of living. Its combination of value, location, and family-oriented environment makes it a compelling choice in the south suburbs.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Tinley Terrace Market Data
| Metric | Value |
|---|---|
| Median Home Price | $247K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $91K |
| Homeownership Rate | 82.6% |
| Renter-Occupied | 17.4% |
| Rental Vacancy Rate | 6.8% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60477 |
| 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 Tinley Terrace, Tinley Park
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Tinley Terrace, Tinley Park, IL. Explore the available cited neighborhood data on this page.
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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