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Median Home Price in Park Forest, IL

The median home value in Park Forest, IL is $160,932 as of 2026-06-30, up 4.46% from a year earlier.

Median Home Value

$160,932

Year-over-Year

+4.46%

Population

20,487

Park Forest ranks #231 of 279 Illinois cities tracked here by median home value, and sits 49.5% below the state's city median of $318,423. It sits in Cook County, where the county-wide median is $343,350.

Crime in Park Forest

Park Forest police recorded a violent crime rate of 283 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,508 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Park Forest

How much does a house cost in Park Forest, IL?

The median home value in Park Forest is $160,932. That's up 4.46% from a year earlier. That is about 49.5% below the typical county in Illinois.

Is Park Forest expensive compared to the surrounding area?

Homes in Park Forest are cheaper than Cook County as a whole, where the median is $343,350 — a difference of about 53.1%.

Is Park Forest a safe place to live?

Park Forest police reported 283 violent crimes per 100,000 residents, covering a population of about 20,487. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.