The Park Forest housing market is somewhat competitive. Over the three months, homes in Park Forest receive 2 offers on average and sell in around 74 days. The median sale price of a home in Park Forest was $161K over the last 3 months, up 17.8% since the same period last year. The median sale price per square foot in Park Forest is $113, down 10.3% since last year.
What is the housing market like in Park Forest today?
Over the three months ending September 2026, Park Forest home prices were up 17.8% compared to the same period last year, selling for a median price of $161K. On average, homes in Park Forest sell after 74 days on the market compared to 70 days last year. There were 71 homes sold in September this year, up from 70 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$161,423
+17.8% YoY | Sep 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2026
Growth
% YoY
Park Forest, IL
$161,423
+17.8%
United States
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How hot is the Park Forest housing market?
Park Forest is somewhat competitive. Homes sell in 80.5 days.
0
100
32
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 2% below list price and go pending in around 81 days.
Hot homes
can sell for about 1% above list price and go pending in around 55 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
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Forest has a minor risk of flooding. 273 properties in Park Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Park Forest. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Forest has a moderate risk of wildfire. There are 208 properties in Park Forest that have some risk of being affected by wildfire over the next 30 years. This represents 3% 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.