Zip 60466 (Park Forest, IL) Housing

The housing market in Park Forest, IL (zip code 60466) is particularly strong. The median value for a house in that area is $135,900, which is significantly lower than the national median of $338,100. Additionally, the one year house appreciation rate in Park Forest is 9.35%, higher than the national average of 8.27%. This reflects a healthy and vibrant housing market in Park Forest that provides positive returns for the local residents and provides a great opportunity to home buyers looking to invest in real estate.

The median home cost in Park Forest (zip 60466) is $135,900. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Park Forest (zip 60466) is up 13.7%.

Average Age of Homes

- The median age of Park Forest (zip 60466) real estate is 60 years old

The Rental Market in Park Forest (zip 60466)

- Renters make up 31.8% of the Park Forest (zip 60466) population
- 0.6% of houses and apartments in Park Forest (zip 60466), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Park Forest, Illinois	United States
	9,003.0	139,647,020.0
	63	42
	$135,900	$338,100
	13.7%	16.6%
	41.6%	57.0%
	66.0%	101.1%
	$20.96	$10.98
	$3,399	$2,690
	52.3%	57.4%
	9.9%	11.2%
	37.7%	31.4%
Vacant Housing
	0.6%	1.9%
	0.0%	0.4%
	3.0%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	13.7%	2.6%
	12.7%	2.4%
	9.2%	2.8%
	16.8%	3.9%
	11.5%	4.5%
	24.6%	11.3%
	7.3%	13.0%
	2.7%	20.1%
	0.8%	13.6%
	0.0%	8.3%
	0.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.0%	13.6%
	3.0%	13.6%
	5.3%	13.6%
	4.3%	13.2%
	10.0%	14.8%
	5.3%	13.6%
	47.3%	10.0%
	11.4%	4.7%
	2.3%	12.2%

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