From January to March, 63 homes sold in Forest Park for a median price of $215,000. That's 27.7 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 9 homes in Forest Park were in foreclosure.
Median property tax for homeowners in Forest Park was $5,623.32 in 2016 according to tax data from that year. That means homeowners pay 3.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Forest Park real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$257,400
-
2010
25
$193,800
-24.7%
2011
26
$155,375
-19.8%
2012
41
$114,450
-26.3%
2013
52
$152,550
33.3%
2014
40
$119,780
-21.5%
2015
37
$157,940
31.9%
2016
52
$171,938
8.9%
2017
61
$168,300
-2.1%
2018
63
$215,000
27.7%
Median property tax
Median sale price
Effective property tax rate
2009
$6,565.96
$257,400
2.6%
2010
$3,596.32
$193,800
1.9%
2011
$5,028.14
$155,375
3.2%
2012
$6,564.71
$114,450
5.7%
2013
$6,445.65
$152,550
4.2%
2014
$5,276.62
$119,780
4.4%
2015
$6,350.58
$157,940
4%
2016
$5,623.31
$171,938
3.3%
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