The median sale price of a home sold in May 2021 in Forest Park fell by $43,500 while total sales increased by 150%, according to BlockShopper.com.
In May 2021, there were 25 homes sold, with a median sale price of $290,000 – a 13% decrease over the $333,500 median sale price for the same period of the previous year. There were 10 homes sold in Forest Park in May 2020.
The median sales tax in Forest Park for the most recent year with available data, 2019, was $5,569, approximately 1.9% of the median home sale price for May 2021.
The following table compares Forest Park to other Cook County cities with similar median sale prices in May 2021:
| City | May 2021 Home Sales | May 2020 Home Sales | % change (Total Home Sales) | May 2021 Median Sales Price | May 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Orland Park | 91 | 38 | 139.5% | $305,000 | $274,500 | 11.1% |
| Brookfield | 34 | 12 | 183.3% | $303,000 | $239,500 | 26.5% |
| Westchester | 20 | 17 | 17.6% | $302,500 | $270,000 | 12% |
| Palatine | 163 | 45 | 262.2% | $300,000 | $240,000 | 25% |
| Niles | 46 | 11 | 318.2% | $300,000 | $310,000 | -3.2% |
| Forest Park | 25 | 10 | 150% | $290,000 | $333,500 | -13% |
| Harwood Heights | 13 | 2 | 550% | $290,000 | $232,500 | 24.7% |
| Palos Hills | 22 | 8 | 175% | $289,500 | $170,000 | 70.3% |
| River Grove | 13 | 4 | 225% | $285,000 | $237,500 | 20% |
| Forest River | 2 | 0 | – | $284,000 | $0 | – |
| Elmwood Park | 34 | 14 | 142.9% | $276,500 | $242,500 | 14% |
