From July to September, 92 homes sold in Park Forest for a median price of $66,000. That's 24.4 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 21 homes in Park Forest were in foreclosure.
Median property tax for homeowners in Park Forest was $6,206.40 in 2017 according to tax data from that year. That means homeowners pay 11.7 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
74
$56,453
-
2010
79
$48,450
-14.2%
2011
60
$40,115
-17.2%
2012
69
$36,515
-9%
2013
92
$37,800
3.5%
2014
81
$42,400
12.2%
2015
99
$40,280
-5%
2016
80
$46,463
15.3%
2017
97
$53,040
14.2%
2018
92
$66,000
24.4%
Median property tax
Median sale price
Effective property tax rate
2009
$6,644.33
$56,453
11.8%
2010
$5,542.97
$48,450
11.4%
2011
$5,510.88
$40,115
13.7%
2012
$5,421.96
$36,515
14.8%
2013
$4,753.38
$37,800
12.6%
2014
$5,254.84
$42,400
12.4%
2015
$5,282.92
$40,280
13.1%
2016
$6,138.89
$46,463
13.2%
2017
$6,206.40
$53,040
11.7%
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