Why Live in Park Forest
Park Forest, located 25 miles south of Chicago, is a community surrounded by nearly 400 acres of public green space. Originally planned as a housing community for World War II veterans, it features mature trees, tidy lawns, and well-maintained homes. The neighborhood offers a range of housing options, including ranch houses and split levels with Mid-century modern styles, as well as townhomes and co-op communities. Central Park is a focal point, offering tennis courts, a dog park, walking trails, and the Park Forest Aqua Center with a community pool. The park also hosts events like the Fourth of July parade and a silent parade honoring fallen firefighters. Somonauk Park is undergoing renovations to include a fishing pond, kayaking, and zip lines. For those seeking nature, the 20-mile Thorn Creek Trail provides a serene escape. Dining options include Vintrendi for wine lovers and Stacy’s Bistro for casual meals and karaoke. Main Street features classic barbeque at All-Out Smoke Pit and various salons, boutiques, and restaurants. Essential shopping is convenient with Walmart, Food4Less, and Aldi nearby. Park Forest is safer than the national average, and commuting is facilitated by nearby Interstates 57 and 294, as well as the Metra train and Pace bus services. The neighborhood also hosts the Main Street Nights festival, offering free jazz, funk, and R&B performances during the summer.
Home Trends in Park Forest, IL
On average, homes in Park Forest, IL sell after 48 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 9% from the median home sale price over the previous 12 months.
Median Sale Price
$154,000
Median Single Family Sale Price
$159,900
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
128
Last 12 months Home Sales
305
Median List Price
$160,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
9%