University Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 93 transactions over the past year in University Park. The median value for residential home transactions that occurred over the previous year is $214,998. The number of current listings in University Park is 101, and the percentage of properties for sale in the city is 101.00%. University Park, IL currently has 54 properties in foreclosure, 6 bank owned properties, 10 properties headed for auction, and 101 properties for sale.
University Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60484 | $ 214,998 $ 115/sqft |
Housing Market Summary for University Park, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $214.4K | $190.5K | -11.17% |
| Median Sold Price | $209.2K | $193.9K | -7.35% |
| Homes For Sale | 95 | 101 | 6.32% |
| Homes Sold | 27 | 34 | 25.93% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in University Park, IL
Browse Homes in University Park, IL
University Park home values range from $26,537 to $365,494. The median estimated value of a home in University Park is $214,998. The median list price of a home is 205,900, and the total count of properties in the city is 238.
- Pre-ForeclosurePre-foreclosure homes account for 15.97% of all residential properties in University Park, IL with 60484 containing 38 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within University Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $330,206 in 60484 to the lowest home value of $87,942 in 60484.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in University Park, IL ranges from the highest value of $330,000 in 60484 to the lowest value of $76,133 in 60484. Bank owned homes and properties account for 2.52% of properties in University Park, IL. There is 1 zips within University Park, IL; 60484 containing 6 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60484 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of University Park, IL. Auction homes and other auction properties account for 4.20% of all properties in University Park, IL. There is 1 zips within University Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $324,074 in 60484 to the lowest value of $69,900 in 60484.
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Guide for University Park, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
