From July through December of 2017, there were 23 homes sold, with a median sale price of $75,000 - a 145.9% increase over the $30,500 median sale price for the same period of the previous year. There were 22 homes sold in Park Forest in the second half of 2016.
The median sales tax in Park Forest for 2017 was $4,539. In 2016, the median sales tax was $4,251. This marks an increase of 6.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 6.1%.
The following table compares Park Forest to other Will County cities with similar median sales prices in the second half of 2017:* This story only considers sales data for the part of Park Forest that is in Will County.