Park Forest, TX Housing Market

$386,393

2.2% 1-yr

The average Park Forest, TX home value is $386,393, down 2.2% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Park Forest Key Takeaways

Typical Home Values: $386,393

1-year Value Change: -2.2%

(Data through January 31, 2026)

Park Forest Housing Market Overview

--1-year Market Forecast

--For sale inventory

--New listings

--Median sale to list ratio

--Median sale price(December 31, 2025)

--Median list price

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Doss$241,099
Holder Estates$225,028
Morrisdale$447,080
Lakeview$377,987
Westdale Hills--
Oak Park Estates$318,901
Bellvue$228,538
Woodland Hills$289,158
Joiner Acres$262,878

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Park Forest Rental Market Trends

--Average rent in Park Forest

$1,895National average rent(January 31, 2026)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.