University Park, IL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in University Park, IL is $140,000. Homes sell in an average of 171 days with 30 active listings. The market is currently a buyer's market.
$140,000median sale price
Homes sold
3
Last 12 weeks
Days on market
171
Average pace
Active listings
30
10.0 months supply
Sale-to-list
97.8%
Below asking
University Park, IL market data
| Metric | Value |
|---|---|
| Median sale price | $140,000 |
| Median list price | $219,000 |
| Average days on market | 171 days |
| Active inventory | 30 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 97.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The University Park housing market is currently classified as a buyer's market with a median sale price of $140,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 171 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in University Park
There are currently 30 homes listed for sale in University Park, Illinois. The median listing price is $219K.
Active listings
30
Homes on market
Median list price
$219K
Avg. days on market
171
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in University Park?
The median home sale price in University Park is $140,000, down 0.0% from last year.
How long do homes stay on market in University Park?
Homes typically spend 171 days on market before going under contract.
Is University Park a buyer's or seller's market?
With 10.0 months of supply, University Park is currently a buyer's market.
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