Q1 real estate sales report: Park Forest
From January to March, 69 homes sold in Park Forest for a median price of $55,500. That's 36 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 32 homes in Park Forest were in foreclosure.
Median property tax for homeowners in Park Forest was $6,080.80 in 2016 according to tax data from that year. That means homeowners pay 17.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.