Home Market View

Home prices, listings & rents by city and ZIP code.

… cities & places
Median sale price
<$300K$700K+

Park Forest, IL: housing market trends

The median home sale price in Park Forest, IL was $161,423 for the three-month period ending September 2026. Sale prices were 17.8% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$161,423
three-month period ending September 2026
Median sale price per sq ft
$126.45
three-month period ending September 2026
Active listings
258
three-month period ending September 2026
Typical monthly rent
$1,796
Rent index · August 2026

How is housing inventory changing?

There were 258 active listings for the three-month period ending September 2026. Active listings were 13.1% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 74 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Park Forest, IL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$161,423$126.4571
Single-familySeptember 2026$164,934$127.3068
TownhousesSeptember 2026$99,901$87.553 · small sample
Condos / co-opsSeptember 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Park Forest, IL
MarketMedian sale priceReporting period / source
South Chicago Heights, IL$214,8983 months ending September 2026 · Redfin
University Park, IL$189,8103 months ending September 2026 · Redfin
Olympia Fields, IL$344,8363 months ending September 2026 · Redfin
Richton Park, IL$229,7913 months ending September 2026 · Redfin
Chicago Heights, IL$204,9023 months ending September 2026 · Redfin
Matteson, IL$259,3763 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Park Forest, IL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$161,423$126.45258
August 2026$165,000$127.33251
July 2026$165,000$128.00250
June 2026$151,500$124.81247
May 2026$167,500$129.03240
April 2026$161,500$123.94226
March 2026$160,000$122.44218
February 2026$154,500$115.53240
January 2026$150,000$119.05247
December 2025$159,000$120.94272
November 2025$159,500$123.48285
October 2025$148,000$120.45300
September 2025$137,000$121.96297
August 2025$148,000$124.01292
July 2025$158,500$129.35292
June 2025$158,500$126.24296
May 2025$147,000$115.94286
April 2025$146,500$113.33274
March 2025$148,448$111.11252
February 2025$149,895$117.77249
January 2025$149,895$113.01258
December 2024$140,000$117.87262
November 2024$153,000$121.02255
October 2024$150,000$123.89256

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

Look up price per square foot by ZIP codeBrowse all IL markets