In February 2018, there were 13 homes sold, with a median sale price of $45,000 - a 7.8% increase over the $41,750 median sale price for the same period of the previous year. There were 12 homes sold in Park Forest in February 2017.
The median sales tax in Park Forest for the most recent year with available data, 2017, was $4,938, approximately 11% of the median home sale price for February 2018.
The following table compares Park Forest to other Cook County cities with similar median sales prices in February 2018:
City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Hometown | 2 | 4 | -50% | $67,000 | $68,500 | -2.2% |
East Hazel Crest | 3 | 0 | - | $57,000 | $0 | - |
Robbins | 3 | 0 | - | $55,500 | $0 | - |
Hazel Crest | 10 | 20 | -50% | $53,750 | $68,500 | -21.5% |
Calumet City | 43 | 47 | -8.5% | $50,000 | $60,000 | -16.7% |
Park Forest | 13 | 12 | 8.3% | $45,000 | $41,750 | 7.8% |
Dixmoor | 2 | 3 | -33.3% | $44,500 | $45,000 | -1.1% |
South Chicago Heights | 4 | 5 | -20% | $42,500 | $66,500 | -36.1% |
Steger | 1 | 6 | -83.3% | $42,000 | $67,250 | -37.5% |
Thornton | 2 | 2 | 0% | $37,000 | $37,750 | -2% |
Markham | 9 | 13 | -30.8% | $36,000 | $30,000 | 20% |