All Home Types
Park Forest, IL Housing Market
What is the housing market like in Park Forest today?
In October 2024, Park Forest home prices were up 5.7% compared to last year, selling for a median price of $137K. On average, homes in Park Forest sell after 89 days on the market compared to 56 days last year. There were 32 homes sold in October this year, down from 44 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$137,450
+5.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Park Forest, IL
$137,450
+5.7%
United States
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Park Forest Migration & Relocation Trends
In Aug '24 - Oct '24, 14% of Park Forest homebuyers searched to move out of Park Forest, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Park Forest from outside metros.
- New York homebuyers searched to move into Park Forest more than any other metro followed by Peoria and St. Louis.
Where are people moving to Park Forest from?
- 86% of Park Forest homebuyers searched to stay within the Park Forest metropolitan area.
- South Bend was the most popular destination among Park Forest homebuyers followed by Milwaukee and Cape Coral.
Where are people from Park Forest moving to?
Number of People Moving to Park Forest
least
most
People are moving to Park Forest from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,053 | ||
| 2 | 1,103 | ||
| 3 | 730 | ||
| 4 | 670 | ||
| 5 | 488 | ||
| 6 | 449 | ||
| 7 | 414 | ||
| 8 | 321 | ||
| 9 | 194 | ||
| 10 | 169 | ||
People are leaving Park Forest for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,552 | ||
| 2 | 1,440 | ||
| 3 | 1,373 | ||
| 4 | 1,096 | ||
| 5 | 870 | ||
| 6 | 766 | ||
| 7 | 689 | ||
| 8 | 670 | ||
| 9 | 608 | ||
| 10 | 604 | ||
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 Park Forest.
Provided by First Street Foundation
Transportation in Park Forest
Learn about the walkability, bikeability, and transit-friendliness of Park Forest
Car-Dependent
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Some Transit
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Somewhat Bikeable
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