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Featured local agent — Park City, IL
Sarah Mitchell
Compass Real Estate · Park City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Park City, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$475,000median sale price
How is the Park City, IL housing market right now?
The median home sale price in Park City, IL is $475,000, up 50.8% year-over-year. Homes sell in an average of 323 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Park City a buyer's or seller's market?
Park City, IL is currently a balanced market and homes selling in about 323 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
323
Average pace
Active listings
—
Sale-to-list
101.1%
Above asking
What does the Park City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Year-over-year price change | +50.8% |
| Average days on market | 323 days |
| Sale-to-list price ratio | 101.1% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Park City by property type?
How the Park City, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $475,000 | $149/sq ft | 1 | 323 days |
Source: Redfin · Updated monthly
The Park City housing market is currently classified as a balanced market with a median sale price of $475,000. Prices have risen 50.8% compared to last year, with homes spending an average of 323 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Park City
Explore homes currently listed for sale in Park City, Illinois across major real estate platforms.
Who lives in Park City?
Population
7,631
Median income
$62,875/yr
Median age
31.6 years
Owner-occupied
57.9%
College grads
13.7%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Park City?
Zillow home value
$285,461
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Park City?
Park City is a community of approximately 8K residents with a median age of 31.6 years.The median household income is $62,875, which represents a working-class community with solid middle-income opportunities. 13.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.9%, showing a blend of owner and renter-occupied properties. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Park City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Park City, IL?
Want a head-to-head view? Compare Park City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Park City?
The median home sale price in Park City is $475,000, up 50.8% from last year.
How long do homes stay on market in Park City?
Homes typically spend 323 days on market before going under contract.
What is the median income in Park City?
The median household income is $62,875 per year.
What is the Zillow home value estimate for Park City?
The Zillow Home Value Index (ZHVI) for Park City is $285,461, representing the typical home value in the area.
How much does a single-family home cost in Park City?
The median single-family home price in Park City, IL is $475,000 (about $149 per square foot).
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