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Median Home Price in University Park, IL

The median home value in University Park, IL is $200,814 as of 2026-07-31, up 3.36% from a year earlier.

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Median Home Value

$200,814

Year-over-Year

+3.36%

Population

6,960

University Park ranks #210 of 279 Illinois cities tracked here by median home value, and sits 37.1% below the state's city median of $319,026. It sits in Will County, where the county-wide median is $379,299.

Housing affordability in University Park

Median household income in University Park is $73,844, so the typical home value is about 2.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in University Park

University Park police recorded a violent crime rate of 302 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,724 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 University Park

What is the average home price in University Park, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In University Park, that value is $200,814. That's up 3.36% from a year earlier. It is about 37.1% below the typical Illinois city tracked here.

Is University Park expensive compared to the surrounding area?

Homes in University Park are cheaper than Will County as a whole, where the median is $379,299 — a difference of about 47.1%.

Is University Park affordable?

Median household income here is $73,844, so the typical home value is about 2.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is University Park a safe place to live?

University Park police reported 302 violent crimes per 100,000 residents, covering a population of about 6,960. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.