Forest Manor home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Forest Manor rose by $20,500 while total sales remained unchanged with two homes sold, according to

From July through September of 2020, there were two homes sold, with a median sale price of $205,000 - a 11.1% increase over the $184,500 median sale price for the same period of the previous year. There were two homes sold in Forest Manor in the third quarter of 2019, as well.

The median sales tax in Forest Manor for the most recent year with available data, 2019, was $3,515, approximately 1.7% of the median home sale price for the third quarter of 2020.

The following table compares Forest Manor to other Will County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Frankfort Square473920.5%$229,000$228,0000.4%
Forest Manor220%$205,000$184,50011.1%
Crystal Lawns145180%$194,500$207,000-6%
Wellington Heights24-50%$193,000$182,0006%

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