Park Forest (Will County) home prices rise in September 2020

Medium realestate4

The median sale price of a home sold in September 2020 in Park Forest in Will County rose by $52,750 while total sales decreased by 62.5%, according to

In September 2020, there were three homes sold, with a median sale price of $89,000 - a 145.5% increase over the $36,250 median sale price for the same period of the previous year. There were eight homes sold in Park Forest in September 2019.

The median sales tax in Park Forest for the most recent year with available data, 2019, was $4,577, approximately 5.1% of the median home sale price for September 2020.

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

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Preston Heights10-$165,000$0-
Lakewood Falls12-50%$165,000$222,500-25.8%
Ingalls Park25-60%$141,000$90,00056.7%
University Park210-80%$130,500$116,00012.5%
Park Forest38-62.5%$89,000$36,250145.5%
* This story only considers sales data for the part of Park Forest that is in Will County.

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