foreclosure.com

Foreclosures in Park Forest, IL

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 10 of 21

Park Forest, IL Foreclosures

How much do homes sell for in Park Forest, IL?
The average home price is currently $174,780.
In Park Forest, IL, how many homes are available?
There are currently 21 active home listings available in Park Forest.
What’s the average rental cost in Park Forest, IL?
The average rental price in Park Forest is $1,280.
What is the most expensive home in Park Forest?
The most expensive home sold in Park Forest had a price of $23,269,648.
What is currently the cheapest priced home in Park Forest, IL?
The cheapest home for sale in Park Forest is priced at $18,529.

Living in Park Forest, IL

Park Forest, Illinois, is a thriving suburban community known for its welcoming atmosphere and plentiful amenities. With a range of recreational activities, parks, and educational institutions, it's an excellent choice for families and young professionals. The proximity to Chicago enhances its appeal, providing residents with urban convenience while maintaining a peaceful, suburban lifestyle.

Current Market Conditions in Park Forest, IL

The real estate market in Park Forest is currently experiencing steady growth, attributed to rising demand for affordable housing in the suburbs. As more people seek the charm and affordability of suburban living, Park Forest has become an attractive option for homebuyers, particularly families looking for spacious homes.

Recently, home prices in Park Forest have seen an upward trend but remain more affordable in comparison to many surrounding areas. The community’s amenities and proximity to public transportation have further fueled interest from both first-time homebuyers and investors.

Home Value Estimator For Park Forest, IL

There are currently 6,483 real estate properties in Park Forest, IL, with a median automated valuation model (AVM) price of $166,566.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Park Forest, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Park Forest, IL, is $174,780.00, with the most expensive house in Park Forest, IL, topping out at $23,269,648.00 and the cheapest home in Park Forest, IL, clocking in at $18,529.00. In other words, there’s something for every potential homebuyer or savvy investor in Park Forest, IL!

Rent Prices In Park Forest, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Park Forest, IL, is on a rollercoaster ride. The average rent price in Park Forest, IL, is $1,280.00. Indeed, when looking to rent in Park Forest, IL, you can expect to pay as little as $630.00 or as much as $5,420.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Park Forest, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Park Forest, IL Foreclosures

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2025. All Rights Reserved.