In October 2018, there were nine homes sold, with a median sale price of $221,000 - a 18.3% increase over the $186,750 median sale price for the same period of the previous year. There were 16 homes sold in Forest Park in October 2017.
The median sales tax in Forest Park for the most recent year with available data, 2017, was $5,445, approximately 2.5% of the median home sale price for October 2018.
The following table compares Forest Park to other Cook County cities with similar median sales prices in October 2018:
City | Oct. 2018 Home Sales | Oct. 2017 Home Sales | % change (Total Home Sales) | Oct. 2018 Median Sales Price | Oct. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Norridge | 4 | 18 | -77.8% | $230,250 | $285,000 | -19.2% |
Brookfield | 19 | 19 | 0% | $230,000 | $254,000 | -9.4% |
Stone Park | 1 | 0 | - | $225,000 | $0 | - |
Bridgeview | 6 | 8 | -25% | $222,000 | $212,500 | 4.5% |
Hanover Park | 12 | 24 | -50% | $222,000 | $181,000 | 22.7% |
Forest Park | 9 | 16 | -43.8% | $221,000 | $186,750 | 18.3% |
Elgin | 9 | 40 | -77.5% | $220,000 | $188,000 | 17% |
Rolling Meadows | 25 | 29 | -13.8% | $220,000 | $185,000 | 18.9% |
Orland Park | 49 | 107 | -54.2% | $217,000 | $235,000 | -7.7% |
Summit | 5 | 8 | -37.5% | $215,000 | $132,500 | 62.3% |
River Grove | 6 | 17 | -64.7% | $212,500 | $168,000 | 26.5% |