Park Forest, IL Housing Market Trends

Market Overview for Q2 2026

$165K 5.8% Y-o-Y $9K Y-o-Y
$139 2.2% Y-o-Y $3 Y-o-Y
71 -10.1% Y-o-Y -8 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Park Forest, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $125,000 $135,000 $135,000 0
2023 $120,000 $135,000 $150,000 $135,000
2024 $145,000 $142,000 $140,000 $140,000
2025 $146,000 $156,000 $137,000 $140,000
2026 $158,000 $165,000
Park Forest, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $98 $114 $106 0
2023 $100 $109 $122 $117
2024 $128 $119 $123 $119
2025 $112 $136 $122 $123
2026 $122 $139
Real Estate Transactions in Park Forest, IL
Year Q1 Q2 Q3 Q4
2022 109 124 85 0
2023 59 106 62 74
2024 54 95 87 83
2025 58 79 68 58
2026 53 71
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Park Forest, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $125,000 $135,000 $135,000 0
2023 $120,000 $135,000 $150,000 $135,000
2024 $145,000 $142,000 $140,000 $140,000
2025 $146,000 $156,000 $137,000 $140,000
2026 $158,000 $165,000
Park Forest, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $98 $114 $106 0
2023 $100 $109 $122 $117
2024 $128 $119 $123 $119
2025 $112 $136 $122 $123
2026 $122 $139
Real Estate Transactions in Park Forest, IL
Year Q1 Q2 Q3 Q4
2022 109 124 85 0
2023 59 106 62 74
2024 54 95 87 83
2025 58 79 68 58
2026 53 71
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Park Forest, IL Housing Stock

Property Type
Units
Condo
380
Townhouse
38
Other
4,867

Cook County: Demographics

Total population
13,943
Median age
40
No high school education
2.3%
Some high school/college
19.7%
Bachelor's degree
28.6%
Average household income
$106,631
Occupied housing units
7,085
Owner-occupied units
52.8%
Renter-occupied units
47.2%
Median year structure built
1949

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Oak Park
$450K
15
Mount Prospect
$438K
16
Skokie
$430K
17
Riverside
$430K
18
Harwood Heights
$424K
19
Orland Park
$412K
20
Hoffman Estates
$405K
21
Niles
$400K
22
Rolling Meadows
$395K
24
Palatine
$386K
25
Palos Heights
$379K
26
Prospect Heights
$378K
27
Westchester
$375K
28
Brookfield
$364K
29
Chicago
$360K
30
Forest Park
$360K
31
Melrose Park
$350K
32
Elmwood Park
$350K
33
Streamwood
$348K
34
Des Plaines
$340K
35
Schaumburg
$336K
36
Berwyn
$335K
37
Elgin
$327K
38
Wheeling
$326K
39
Oak Forest
$317K
40
Oak Lawn
$310K
41
Burbank
$309K
42
Tinley Park
$305K
43
Cicero
$281K
44
Midlothian
$275K
45
Alsip
$269K
46
Palos Hills
$255K
47
Matteson
$250K
49
Homewood
$235K
50
South Holland
$223K
51
Chicago Heights
$208K
52
Lansing
$202K
53
Calumet City
$150K