The Park Forest housing market is very competitive. The median sale price of a home in Park Forest was $332K last month, up 32.9% since last year. The median sale price per square foot in Park Forest is $155, up 42.2% since last year.
What is the housing market like in Park Forest today?
In March 2024, Park Forest home prices were up 32.9% compared to last year, selling for a median price of $332K. On average, homes in Park Forest sell after 4 days on the market compared to 18 days last year. There were 3 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$332,000
+32.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Park Forest, MO
$332,000
+32.9%
United States
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How hot is the Park Forest housing market?
Park Forest is very competitive. Homes sell in 10.5 days.
0
100
85
Very 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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 11 days.
Hot homes
can sell for about 5% above list price and go pending in around 4 days.
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.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Park Forest has a moderate risk of flooding. 80 properties in Park Forest are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Park Forest. Flood risk is increasing slower than the national average.
18% of properties are at risk of wildfire over the next 30 years
Fire Factor
Park Forest has a moderate risk of wildfire. There are 230 properties in Park Forest that have some risk of being affected by wildfire over the next 30 years. This represents 18% of all properties in Park Forest.
Park Forest has minimal risk of severe winds over the next 30 years
Wind Factor
Park Forest has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.