Park City, IL, Real Estate
Park City, Illinois, is a small, vibrant city in Lake County, located along the Green Bay Trail and just south of Waukegan, with a population of approximately 7,500 as of the 2020 census. Known for its diverse community and industrial hub, Park City is home to numerous businesses and manufacturing facilities, contributing to its economic vitality. The city offers residents access to recreational amenities like parks and proximity to Lake Michigan, fostering outdoor activities such as biking and hiking. With its strategic location near major highways and public transit options, Park City provides a blend of suburban convenience and cultural diversity, making it an appealing place to live in northeastern Illinois.
Park City currently has 1 single family home for sale with a list price of $349,900 and 4 lots for sale with an average list price of $34,975. The average annual property tax for Park City is $6,130.56.
Browse Park City
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Park City, i.e. what's hot and what's not.
See What's Hot & What's Not in Park City
Market Trends
Park City home sales for the month of October rose in volume by 50% when compared to last year, while the median sale price rose by 13.8% from $315,500 to $359,000. House sales rose by 50%, while the median sale price rose by 13.8% from $315,500 to $359,000.
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6
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7
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7
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6
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$271,750
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$281,100
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$280,000
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$282,499.50
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Park City
Number of Sales for Park City
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