The Park Forest housing market is somewhat competitive. Homes in Park Forest receive 5 offers on average and sell in around 70 days. The median sale price of a home in Park Forest was $174K last month, up 21.3% since last year. The median sale price per square foot in Park Forest is $134, up 6.7% since last year.
What is the housing market like in Park Forest today?
In June 2025, Park Forest home prices were up 21.3% compared to last year, selling for a median price of $174K. On average, homes in Park Forest sell after 70 days on the market compared to 71 days last year. There were 34 homes sold in June this year, up from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$174,000
+21.3% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Park Forest, IL
$174,000
+21.3%
United States
To compare other locations to the Park Forest and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Park Forest add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Park Forest
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Park Forest housing market?
Park Forest is somewhat competitive. Homes sell in 70 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 70 days.
Hot homes
can sell for about 2% above list price and go pending in around 44 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Park Forest.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Forest has a minor risk of flooding. 360 properties in Park Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Park Forest. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Forest has a moderate risk of wildfire. There are 631 properties in Park Forest that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Park Forest.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Park Forest has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Park Forest is most at risk from hurricanes. 6,376 properties in Park Forest have some risk of being in a severe wind event within the next 30 years.