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University Park, IL
Full City Profile · Illinois · Will County County
2.9
/5.0
C+
Fair
7,109
Population
663/sq mi density
$65,580
Median Income
$25,435 per capita
$137,800
Home Value
$186,510 Zillow
$1,530
Median Rent
37.4% income on rent
50°F
Avg Temperature
275 sunny days/yr
317
Violent Crime/100K
1,735 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$65,580 median income, 10.7% unemployment
A+
Affordability
5.0 / 5.0
$137,800 home value, $1,530/mo rent
F
Safety
1.0 / 5.0
317 violent crimes/100K
C+
Education
2.9 / 5.0
24.3% bachelor's degree or higher
Housing Overview
Median Home Value
$137,800
51% below
US avg: $281,900
Median Rent
$1,530/mo
32% above
US avg: $1,163/mo
Homeownership Rate
61.0%
7% below US avg (65.4%)
Total Housing Units
2,901
Median year built: 1976
Home Value by Source
Census Median
$137,800
Zillow (ZHVI)
$186,510
Median Sale Price
$140,000
Median List Price
$219,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.0%
Owner-Occupied
39.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,530/mo
Market Indicators (Redfin)
Median Days on Market
171 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$101
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
37.4%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
61.0%
Complete Housing Data
Home Values
| Census Median Value | $137,800 |
| Zillow Home Value (ZHVI) | $186,510 |
| Median Sale Price | $140,000 |
| Median List Price | $219,000 |
| Price Per Sq Ft | $101 |
Rent
| Census Median Rent | $1,530 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 171 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.3% |
| Homes Sold | 3 |
| Active Inventory | 30 |
| Price Per Sq Ft | $101 |
Ownership & Stock
| Owner-Occupied | 61.0% |
| Renter-Occupied | 39.0% |
| Homeownership Rate | 61.0% |
| Total Housing Units | 2,901 |
| Median Year Built | 1976 |
| Rent Burden | 37.4% |