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Featured local agent — Washington Park, IL
Sarah Mitchell
Compass Real Estate · Washington Park, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Washington Park, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$4,900median sale price
How is the Washington Park, IL housing market right now?
The median home sale price in Washington Park, IL is $4,900. Homes sell in an average of 195 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of December 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Washington Park a buyer's or seller's market?
Washington Park, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 195 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
195
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Washington Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $4,900 |
| Median list price | $28,000 |
| Average days on market | 195 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The Washington Park housing market is currently classified as a balanced market with a median sale price of $4,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 195 days on market, indicating 3.0 months of inventory.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 0.9x provides context for how home values compare to local earning capacity.
Homes for sale in Washington Park
There are currently 3 homes listed for sale in Washington Park, Illinois. The median listing price is $28K.
Active listings
3
Homes on market
Median list price
$28K
Avg. days on market
195
Days until sale
New this week
1
Newly listed
Who lives in Washington Park?
Population
1,728
Median income
$42,008/yr
Median age
34.5 years
Owner-occupied
84.8%
College grads
8.1%
Avg commute
22.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Washington Park?
Zillow home value
$36,005
Price-to-income
0.9x
Source: Zillow Research
What is it like to live in Washington Park?
Washington Park is a community of approximately 2K residents with a median age of 34.5 years.The median household income is $42,008, which represents a working-class community with solid middle-income opportunities. 8.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Washington Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Washington Park, IL?
Want a head-to-head view? Compare Washington Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Washington Park?
The median home sale price in Washington Park is $4,900, down 0.0% from last year.
How long do homes stay on market in Washington Park?
Homes typically spend 195 days on market before going under contract.
What is the median income in Washington Park?
The median household income is $42,008 per year.
Is Washington Park a buyer's or seller's market?
With 3.0 months of supply, Washington Park is currently a balanced market.
What is the Zillow home value estimate for Washington Park?
The Zillow Home Value Index (ZHVI) for Washington Park is $36,005, representing the typical home value in the area.
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