Park Forest Real Estate Market

Park Forest Market

The median sale price for homes in Park Forest over the last 12 months is $49,500.


The median mortgage debt is $143,458.

Additional Statistics for Single Family Homes and Condos in Park Forest, IL
$57,230
Median Listing Price
111
Median Days on Market
206
Active Listings
49.5%
Distressed Listings
(foreclosures and short sales)
Park Forest, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Park Forest is $60,000. The list prices increased by 0.16% from the previous month.

The price per square foot for listings in this area is $45.

The median sale price in December for single family homes is $72,000. The sale prices increased by 84.61% from the previous month.

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Park Forest, IL Market Inventory Trends

The number of active listings in Park Forest dropped by 5.1% from the previous month.

The median number of days active properties have been listed is 97.

The number of sales in December dropped by 20% from the previous month.

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Park Forest, IL Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.