From January through March of 2022, there were 24 homes sold, with a median sale price of $136,500 - a 118.4% increase over the $62,499 median sale price for the same period of the previous year. There were 24 homes sold in Park Forest in the first quarter of 2021, as well.
The median sales tax in Park Forest for the most recent year with available data, 2019, was $4,577, approximately 3.4% of the median home sale price for the first quarter of 2022.
The following table compares Park Forest to other Will County cities with similar median sale prices in the first quarter of 2022:
| City | Jan. - Mar. 2022 Home Sales | Jan. - Mar. 2021 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2022 Median Sales Price | Jan. - Mar. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Coynes | 3 | 0 | - | $175,000 | $0 | - |
| Carillon | 7 | 6 | 16.7% | $170,300 | $249,250 | -31.7% |
| Wilmington | 23 | 28 | -17.9% | $167,999 | $171,500 | -2% |
| Braidwood | 32 | 26 | 23.1% | $162,500 | $134,950 | 20.4% |
| University Park | 35 | 20 | 75% | $156,550 | $100,500 | 55.8% |
| Steger | 22 | 14 | 57.1% | $147,105 | $117,500 | 25.2% |
| Ingalls Park | 14 | 10 | 40% | $146,000 | $96,750 | 50.9% |
| Lakewood Shores | 4 | 5 | -20% | $138,450 | $164,000 | -15.6% |
| Park Forest | 24 | 24 | 0% | $136,500 | $62,499 | 118.4% |
| Ridgewood | 2 | 2 | 0% | $122,500 | $136,500 | -10.3% |
| Fairmont | 5 | 8 | -37.5% | $105,000 | $111,250 | -5.6% |
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