University Park First-Time Homebuyer Report for October

The population of University Park is growing faster than the rest of Illinois, at a 10-year growth rate of 6.8%. It's a larger than average city compared to the rest of the state, with 7,129 residents. University Park is made up of homes that are relatively old with a median of 35 years. Topping the list of best schools in the city is Coretta Scott King Magnet School.

Price Range

Homes in University Park are worth a median of $90,000, similar to other parts of Illinois. Additionally, the list prices of available homes is currently at an average of $99,342.

Out of all the listings in University Park, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$165K   $135K   $124K  

Typical Dwelling

The typical dwelling in University Park is a three-bedroom detached home worth about $94,099. To purchase a similar home, a buyer with good credit and a $18,820 cash down payment could obtain a mortgage with a 3.95% interest rate and a $507 monthly payment. The property tax rate is $18.40 per $1,000 of taxable assessed value.

Get started right now by checking out University Park homes for sale or reviewing University Park real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Coldwell Banker
Wilk Real Estate
4 reviews
KMS Realty, Inc.
Snapped 1 home in this area

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