From April to June, 87 homes sold in Park Forest for a median price of $69,500. That's 37 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 22 homes in Park Forest were in foreclosure.
Median property tax for homeowners in Park Forest was $5,846.29 in 2017 according to tax data from that year. That means homeowners pay 11.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Park Forest real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
71
$65,520
-
2010
74
$58,140
-11.3%
2011
51
$39,550
-32%
2012
80
$42,238
6.8%
2013
78
$45,090
6.8%
2014
88
$32,300
-28.4%
2015
70
$35,510
9.9%
2016
89
$49,875
40.5%
2017
88
$50,745
1.7%
2018
87
$69,500
37%
Median property tax
Median sale price
Effective property tax rate
2009
$5,595.11
$65,520
8.5%
2010
$5,334.73
$58,140
9.2%
2011
$5,356.83
$39,550
13.5%
2012
$5,562.28
$42,238
13.2%
2013
$4,706.71
$45,090
10.4%
2014
$5,141.90
$32,300
15.9%
2015
$5,063.70
$35,510
14.3%
2016
$5,938.54
$49,875
11.9%
2017
$5,846.28
$50,745
11.5%
Alerts Sign-up