Why Live in Park Forest
Park Forest, IL, is a village located 25 miles south of Chicago, surrounded by nearly 400 acres of public green space. Originally planned as a housing community for World War II veterans, it features a strong sense of community and affordability. The village is well-connected, with easy access to Interstate 57 and Interstate 294, and the Metra train service. Residential streets are lined with mature trees and well-maintained homes, including Mid-century modern ranch houses and split levels, as well as townhomes and co-op communities. Central Park is a hub of activity, offering tennis courts, a dog park, walking trails, and the Park Forest Aqua Center. The park hosts annual events like the Fourth of July parade and a silent parade for fallen firefighters. Somonauk Park is undergoing an $800,000 renovation to include a fishing pond, kayaking, and zip lines. The 20-mile Thorn Creek Trail provides a serene escape through forested areas. For things to do, residents enjoy wine at Vintrendi, live music at the Main Street Nights festival, and dining at local spots like Stacy’s Bistro and All-Out Smoke Pit. Essential shopping is convenient with Walmart, Food4Less, and Aldi nearby. The local schools focus on arts and technology, with Mohawk Primary Center and Michelle Obama School of Technology and the Arts receiving high ratings.
Home Trends in Park Forest, IL
On average, homes in Park Forest, IL sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Park Forest, IL over the last 12 months is $154,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$154,000
Median Single Family Sale Price
$159,949
Median Townhouse Sale Price
$51,000
Median 2 Bedroom Sale Price
$80,000
Median 1 Bedroom Sale Price
$53,900
Average Price Per Sq Ft
$121
Number of Homes for Sale
129
Last 12 months Home Sales
307
Median List Price
$160,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
8%