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Will County Gazette

Sunday, July 6, 2025

February 2022: Park Forest (Will County) experienced a 130.1% increase in median home prices

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The median sale price of a home sold in February 2022 in Park Forest in Will County rose by $80,845 while total sales decreased by 50%, according to BlockShopper.com.

In February 2022, there were seven homes sold, with a median sale price of $143,000 - a 130.1% increase over the $62,156 median sale price for the same period of the previous year. There were 14 homes sold in Park Forest in February 2021.

The median sales tax in Park Forest for the most recent year with available data, 2019, was $4,577, approximately 3.2% of the median home sale price for February 2022.

The following table compares Park Forest to other Will County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Ingalls Park10-$180,000$0-
Coynes10-$175,000$0-
Wilmington12119.1%$172,500$130,00032.7%
Steger440%$167,000$143,25016.6%
Fairmont12-50%$165,000$89,50084.4%
Carillon21100%$147,500$155,000-4.8%
Park Forest714-50%$143,000$62,155.50130.1%
Lakewood Shores21100%$143,000$40,000257.5%
University Park176183.3%$142,000$107,00032.7%
Peotone15-80%$135,000$248,000-45.6%
Rockdale13-66.7%$80,000$124,000-35.5%
* This story only considers sales data for the part of Park Forest that is in Will County.

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