Forest Park home prices rise in July 2020

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The median sale price of a home sold in July 2020 in Forest Park rose by $44,500 while total sales decreased by 53.8%, according to BlockShopper.com.

In July 2020, there were 12 homes sold, with a median sale price of $287,000 - a 18.4% increase over the $242,500 median sale price for the same period of the previous year. There were 26 homes sold in Forest Park in July 2019.

The median sales tax in Forest Park for the most recent year with available data, 2019, was $5,569, approximately 1.9% of the median home sale price for July 2020.

The following table compares Forest Park to other Cook County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Elmwood Park2430-20%$302,500$238,50026.8%
Flossmoor718-61.1%$298,000$179,25066.2%
Orland Park45121-62.8%$295,000$260,00013.5%
Lemont1130-63.3%$289,000$389,000-25.7%
Mission Hills Estates15-80%$287,500$287,5000%
Forest Park1226-53.8%$287,000$242,50018.4%
Westchester1839-53.8%$270,000$253,5006.5%
Brookfield1631-48.4%$267,500$245,0009.2%
North Riverside410-60%$266,750$225,50018.3%
Roselle510-50%$265,000$202,75030.7%
Schiller Park420-80%$264,500$217,00021.9%

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