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Downtown Holden Park Lincoln Station

PARK FOREST, IL 60466

Real Estate Market Report  ·  Cook County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60466

Downtown · Holden Park · Lincoln Station

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PARK FOREST, IL real estate market (60466) currently shows 147 active listings, with 47 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 58 days on market compared to 55 days last year.

The median listing price has fallen 2.5% year-over-year, from $160,000 to $156,000.

Whether you are buying or selling in PARK FOREST, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 21,243  ·  Density: 1,298.6/mi²  ·  Median household income: $59,291

Typical home value: $89,136  ·  Homeownership: 61.6%

Market Overview

Active Listings
147
⇩ 15.5% vs 174 last year
Pending
47
32% pending ratio
Median Price
$156,000
⇩ 2.5% vs $160,000 last year
Average Price
$164,008
⇩ 1.9% vs $167,162 last year
Days on Market
58
⇧ 5.5% vs 55 days last year

Price Per Square Foot

Median $/sqft
$125
⇩ 5.3% vs $132/sqft last year
Median Home Size
1,246 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 147 this year vs 174 last year
  • Days on market: 58 now vs 55 last year

Median & Average Pricing

Year over Year
  • Median: $156,000 (-2.5% YoY)
  • Average: $164,008 (-1.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.9 miles — 777 listings ($204,993,719 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60466Park Forest, IL 604660.0 mi152$25,183,968$159,925$165,684
60461Olympia Fields, IL 604612.7 mi14$5,048,316$377,400$360,594
60484University Park, IL 604842.9 mi29$6,001,579$210,375$206,951
60422Flossmoor, IL 604224.1 mi47$16,372,826$312,375$348,358
60430Homewood, IL 604305.5 mi108$26,318,952$239,225$243,694
60425Glenwood, IL 604255.8 mi46$9,859,916$216,250$214,346
60449Monee, IL 604496.4 mi27$11,315,835$347,175$419,105
60476Thornton, IL 604767.4 mi14$3,244,094$223,725$231,721
60428Markham, IL 604288.3 mi83$14,716,647$166,995$177,309
46311Dyer, IN 463119.0 mi63$31,306,149$352,450$496,923
60426Harvey, IL 604269.2 mi100$16,242,200$160,000$162,422
60487Tinley Park, IL 604879.6 mi55$24,268,475$437,400$441,245
60401Beecher, IL 604019.9 mi39$15,114,762$332,995$387,558

Frequently Asked Questions

How many homes are for sale in PARK FOREST, IL 60466?

As of March 2026, there are 147 active listings in PARK FOREST, IL (zip code 60466), compared to 174 the prior year.

What is the median home price in PARK FOREST, IL 60466?

The median listing price in PARK FOREST, IL 60466 is $156,000 as of March 2026, a 2.5% decrease from $160,000 the prior year.

How long do homes stay on the market in PARK FOREST, IL?

Homes in PARK FOREST, IL 60466 spend an average of 58 days on the market before going under contract, compared to 55 days the prior year.

Is it a seller's or buyer's market in PARK FOREST, IL 60466?

Based on current inventory and days-on-market data as of March 2026, PARK FOREST, IL 60466 is currently a Balanced Market. Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 58 days on market compared to 55 days last year.

How much can I save on real estate commission in PARK FOREST, IL?

With SELL123.com's maximum 3% commission, sellers in PARK FOREST, IL 60466 save an estimated $3,120 compared to a typical 5% commission on the median listing price of $156,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.