University Park, IL housing market
The typical University Park home is worth about $198,000, up 2.9% in a year, 34% below the Illinois typical home. Homes typically sell in 90 days, close to asking.
Home values, sales, trends and how University Park compares with the towns next door — updated as new data is published.
University Park at a glance
A seller's market
Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | University Park | Illinois |
|---|---|---|
| 2017 | $105,000 | $181,000 |
| 2018 | $111,000 | $190,000 |
| 2019 | $118,000 | $195,000 |
| 2020 | $127,000 | $200,000 |
| 2021 | $139,000 | $215,000 |
| 2022 | $160,000 | $236,000 |
| 2023 | $171,000 | $248,000 |
| 2024 | $179,000 | $263,000 |
| 2025 | $187,000 | $278,000 |
| 2026 | $196,000 | $290,000 |
| August 2026 | $198,000 | $298,000 |
University Park and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| University Park | $198K | +2.9% | 90 | $73,844 |
| Park Forest | $161K | +5.1% | 78 | $61,072 |
| Monee | — | — | — | $91,969 |
| Crete | — | — | 72 | $97,147 |
| Richton Park | $230K | +7.3% | 56 | $64,554 |
2.7 years of income
The typical University Park home costs about 2.7 years of the town's median household income, less than across Illinois (3.6 years).
How University Park ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Recent listings in University Park
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. Listings link to their publishers.