Housing & Real Estate — Park Forest, Illinois
Overview
| Total Housing Units | 9,015 |
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| Occupied | 8,213 |
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| Vacant | 802 |
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| Owner-Occupied | 5,296 |
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| Renter-Occupied | 2,917 |
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| Median Home Value (Census) | $115,300 |
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| Estimated 2026 | ~$140,000 |
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| Median Rent | $1,341/mo |
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| Median Property Tax | $4,608/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | affordable |
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| Rent as % of Income | 26.3% |
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| Severely Rent-Burdened | 42.1% |
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Housing Age
| Built 2010 or later | 25 |
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| Built 2000-2009 | 217 |
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| Built 1990-1999 | 226 |
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| Built before 1960 | 5,256 |
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| Median Year Built | 1958 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
