Park, IL housing market
The typical Park home is worth about $289,000, up 6.7% in a year, close to the Illinois typical home.
Home values, sales, trends and how Park compares with the towns next door — updated as new data is published.
Park at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Park | Illinois |
|---|---|---|
| 2017 | $168,000 | $181,000 |
| 2018 | $179,000 | $190,000 |
| 2019 | $181,000 | $195,000 |
| 2020 | $188,000 | $200,000 |
| 2021 | $202,000 | $215,000 |
| 2022 | $217,000 | $236,000 |
| 2023 | $229,000 | $248,000 |
| 2024 | $250,000 | $263,000 |
| 2025 | $270,000 | $278,000 |
| 2026 | $281,000 | $290,000 |
| August 2026 | $289,000 | $298,000 |
No new homes permitted in 2025
No permits for new homes were issued in Park in 2025. The last year with any was 2005 (1 new home).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $117,000 |
| 2004 | 9 | 9 | 0 | $1 million |
| 2003 | 8 | 8 | 0 | $933,000 |
| 2002 | 7 | 7 | 0 | $810,000 |
| 2001 | 7 | 7 | 0 | $860,000 |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Park and its neighbors
| Town | Typical value | 1-yr change | New homes 2025 | Median income |
|---|---|---|---|---|
| Park | $289K | +6.7% | 0 | $60,171 |
| Waukegan | — | +6.9%† | 13 | $71,919 |
| Gurnee | $382K | +5.4% | 3 | $119,628 |
| Waukegan | $248K | +7% | — | $66,896 |
| Warren | — | +6.7%† | — | $104,155 |
† FHFA price index change, where Zillow has no home value for the town.
4.8 years of income
The typical Park home costs about 4.8 years of the town's median household income, more than across Illinois (3.6 years).
How Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Listings link to their publishers.