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Park Forest
  • Suburb of Chicago, IL

Park Forest Real Estate Market

About Park Forest Real Estate

Housing
grade C
Based on home values, property taxes, housing costs, local schools, and more.
Area Feel
Dense Suburban
Rent vs. Own
  • Rent
    40%
  • Own
    60%
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Homes for Sale

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Real Estate Costs

Median Home Value
$73,600
National
$217,500
Home Values
  • <$50k
    35%
  • $50-$99k
    39%
  • $100-$199k
    23%
  • $200-$399k
    3%
  • $400-$749k
    0%
  • $750k+
    0%
Median Rent
$1,211
National
$1,062
Monthly Rent
  • <$500
    4%
  • $500-$999
    30%
  • $1,000-$1,499
    42%
  • $1,500-$1,999
    21%
  • $2,000+
    3%
31%
of residents say housing is affordable. 16 responses

Home Quality

Poll
19%
of residents say the exterior quality of homes is good or excellent. 16 responses
Poll
13%
of residents say the interior quality of homes is good or excellent. 16 responses
19%
of residents say there is a good variety of homes. 16 responses
75%
of residents say there are a few vacant or abandoned properties here and there. 16 responses
38%
of residents say that parking is readily available. 16 responses

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Overview

Homes in Park Forest have a median value of $73,600. The median rent price in Park Forest is $1,211 and most residents own their homes. Park Forest is not particularly walkable, but there are a lot of parks nearby.

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