The Park Forest Village housing market is very competitive. The median sale price of a home in Park Forest Village was $258K last month, down 34.4% since last year. The median sale price per square foot in Park Forest Village is $168, up 3.4% since last year.
What is the housing market like in Park Forest Village today?
In January 2025, Park Forest Village home prices were down 34.4% compared to last year, selling for a median price of $258K. On average, homes in Park Forest Village sell after 28 days on the market compared to 6 days last year. There were 4 homes sold in January this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$258,000
-34.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Learn about schools in the Park Forest Village area
Elementary
Middle
High
GreatSchools Rating
7/10
Radio Park El School
Public • K-5
361
Students
8 reviews
6/10
Park Forest El School
Public • K-5
461
Students
9 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Park Forest Village housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Park Forest Village.
Flood Factor - Major
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Forest Village has a major risk of flooding. 185 properties in Park Forest Village are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Park Forest Village. Flood risk is increasing slower than the national average.
21% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Forest Village has a moderate risk of wildfire. There are 559 properties in Park Forest Village that have some risk of being affected by wildfire over the next 30 years. This represents 21% of all properties in Park Forest Village.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Park Forest Village has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Park Forest Village is most at risk from hurricanes. 2,652 properties in Park Forest Village have some risk of being in a severe wind event within the next 30 years.
98% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Park Forest Village has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 98% of homes in Park Forest Village have a Moderate Heat Factor®.
Park Forest Village is expected to see a 142% increase in the number of days over 94ºF over the next 30 years. Park Forest Village is expected to experience 8