The University Park housing market is somewhat competitive. Homes in University Park receive 2 offers on average and sell in around 47 days. The median sale price of a home in University Park was $203K last month, up 3.8% since last year. The median sale price per square foot in University Park is $121, up 14.2% since last year.
What is the housing market like in University Park today?
In May 2025, University Park home prices were up 3.8% compared to last year, selling for a median price of $203K. On average, homes in University Park sell after 47 days on the market compared to 57 days last year. There were 11 homes sold in May this year, up from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$202,500
+3.8% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
University Park, IL
$202,500
+3.8%
United States
To compare other locations to the University Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. University Park's median sale price is 48% lower than the national average. Overall cost of living in University Park is 6% lower than the national average. Learn which home features in University Park 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 University Park
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How hot is the University Park housing market?
University Park is somewhat competitive. Homes sell in 55 days.
0
100
51
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 55 days.
Hot homes
can sell for about 3% above list price and go pending in around 40 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
University Park, IL
98.4%
+5.5 pt
United States
University Park Migration & Relocation Trends
In Feb '25 - Apr '25, 16% of University Park homebuyers searched to move out of University Park, while 84% looked to stay within the metropolitan area.
Where are people moving to University Park from?
Across the nation, 3% of homebuyers searched to move into University Park from outside metros.
Peoria homebuyers searched to move into University Park more than any other metro followed by Rockford and New York.
Where are people from University Park moving to?
84% 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 Phoenix and Sarasota.
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 University Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in University Park.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
University Park has a minor risk of flooding. 142 properties in University Park are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in University Park. Flood risk is increasing slower than the national average.
71% of properties are at risk of wildfire over the next 30 years
Fire Factor
University Park has a moderate risk of wildfire. There are 1,754 properties in University Park that have some risk of being affected by wildfire over the next 30 years. This represents 71% of all properties in University Park.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
University Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. University Park is most at risk from hurricanes. 2,466 properties in University Park have some risk of being in a severe wind event within the next 30 years.
89% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
University Park has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 89% of homes in University Park have a Moderate Heat Factor®.
University Park is expected to see a 128% increase in the number of days over 102ºF over the next 30 years. University Park is expected to experience 7