All Home Types
University Park, IL Housing Market
What is the housing market like in University Park today?
In October 2024, University Park home prices were down 28.9% compared to last year, selling for a median price of $165K. On average, homes in University Park sell after 71 days on the market compared to 64 days last year. There were 9 homes sold in October this year, down from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$165,000
-28.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
University Park, IL
$165,000
-28.9%
United States
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University Park Migration & Relocation Trends
In Sep '24 - Nov '24, 14% of University Park homebuyers searched to move out of University Park, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into University Park from outside metros.
- New York homebuyers searched to move into University Park more than any other metro followed by Peoria and St. Louis.
Where are people moving to University Park from?
- 86% of University Park homebuyers searched to stay within the University Park metropolitan area.
- Cape Coral was the most popular destination among University Park homebuyers followed by Milwaukee and South Bend.
Where are people from University Park moving to?
Number of People Moving to University Park
least
most
People are moving to University Park from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,027 | ||
| 2 | 1,058 | ||
| 3 | 865 | ||
| 4 | 636 | ||
| 5 | 626 | ||
| 6 | 501 | ||
| 7 | 397 | ||
| 8 | 334 | ||
| 9 | 196 | ||
| 10 | 192 | ||
People are leaving University Park for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,343 | ||
| 2 | 1,227 | ||
| 3 | 1,217 | ||
| 4 | 973 | ||
| 5 | 834 | ||
| 6 | 664 | ||
| 7 | 608 | ||
| 8 | 603 | ||
| 9 | 599 | ||
| 10 | 593 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in University Park.
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