Park Forest, IL Real Estate & Property Data

Park Forest Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Park Forest, IL. ATTOM’s Park Forest real estate data is updated daily, and current market trends show that in Park Forest, IL a total of 514 residential properties have sold over the past year. With a median home price of $158,000 in Park Forest and a total of 6 foreclosures. Get detailed property data for Park Forest, IL instantly. ATTOM is your one-stop-shop for the Park Forest property reports and real estate data you need in Park Forest, IL.

Park Forest Real Estate Market Trends
Total Residential Properties 6,191
Total Commercial Properties 186
Avg. Home Age (Single Family Home) 67 Years
Avg. Square Feet (Single Family Home) 1,331
Total 2024 Residential Sales (year-to-date) 63
% of Homes Seriously Underwater (Q2 2024) 2.14%
Total 2023 Residential Sales 481
% of Equity Rich Homes (Q2 2024) 34.41%
Effective 2023 Property Tax 3.68%
Total Foreclosure Filings (year-to-date) 12
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Park Forest, IL Real Estate Overview

There were 514 residential properties sold in the past year in Park Forest, IL. The median home value in Park Forest, IL is $148,620. There are a total of 6,191 residential properties in the Park Forest.

Median Sales Price i
$158,000
(Feb 2024)
+5.7%
year-over-year
y-o-y
  • February '24 Feb '24 $158,000
  • January '24 Jan '24 $144,500
  • December '23 Dec '23 $180,000
  • November '23 Nov '23 $165,000
  • October '23 Oct '23 $145,750
  • September '23 Sep '23 $150,000
  • August '23 Aug '23 $160,088
  • July '23 Jul '23 $170,000
  • June '23 Jun '23 $148,000
  • May '23 May '23 $165,000
  • April '23 Apr '23 $140,000
  • March '23 Mar '23 $165,000
Median Down Payment i
$3,776
(Feb 2024)
-33.8%
year-over-year
y-o-y
  • February '24 Feb '24 $3,776
  • January '24 Jan '24 $5,955
  • December '23 Dec '23 $7,000
  • November '23 Nov '23 $3,780
  • October '23 Oct '23 $3,319
  • September '23 Sep '23 $7,274
  • August '23 Aug '23 $5,250
  • July '23 Jul '23 $4,474
  • June '23 Jun '23 $4,017
  • May '23 May '23 $3,522
  • April '23 Apr '23 $3,840
  • March '23 Mar '23 $3,505
Number of Homes Sold i
26
(Feb 2024)
-10.3%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 37
  • December '23 Dec '23 44
  • November '23 Nov '23 43
  • October '23 Oct '23 38
  • September '23 Sep '23 44
  • August '23 Aug '23 55
  • July '23 Jul '23 31
  • June '23 Jun '23 41
  • May '23 May '23 60
  • April '23 Apr '23 26
  • March '23 Mar '23 40
Number of Purchase Loans i
17
(Feb 2024)
-39.3%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 22
  • December '23 Dec '23 27
  • November '23 Nov '23 27
  • October '23 Oct '23 29
  • September '23 Sep '23 26
  • August '23 Aug '23 36
  • July '23 Jul '23 24
  • June '23 Jun '23 29
  • May '23 May '23 44
  • April '23 Apr '23 17
  • March '23 Mar '23 23
Number of REFI Loans i
16
(Feb 2024)
+166.7%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 33
  • December '23 Dec '23 29
  • November '23 Nov '23 18
  • October '23 Oct '23 21
  • September '23 Sep '23 29
  • August '23 Aug '23 32
  • July '23 Jul '23 26
  • June '23 Jun '23 24
  • May '23 May '23 13
  • April '23 Apr '23 15
  • March '23 Mar '23 24
Number of HELOC Loans i
1
(Feb 2024)
-75%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 5
  • May '23 May '23 N/A
  • April '23 Apr '23 5
  • March '23 Mar '23 3

Park Forest, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Park Forest, IL Foreclosure Activity

There were a total of 6 Park Forest, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 4 Park Forest, IL properties and repossessed 3 Park Forest, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 6
  • October '23 Oct '23 8
  • September '23 Sep '23 5
  • August '23 Aug '23 12
  • July '23 Jul '23 9
  • June '23 Jun '23 6
  • May '23 May '23 12
  • April '23 Apr '23 17
  • March '23 Mar '23 20
Foreclosure Starts i
4
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 5
  • December '23 Dec '23 4
  • November '23 Nov '23 3
  • October '23 Oct '23 3
  • September '23 Sep '23 3
  • August '23 Aug '23 8
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 8
  • April '23 Apr '23 10
  • March '23 Mar '23 18
Completed Foreclosures (REOs) i
3
(Feb 2024)
-40%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 7
  • August '23 Aug '23 4
  • July '23 Jul '23 9
  • June '23 Jun '23 17
  • May '23 May '23 6
  • April '23 Apr '23 3
  • March '23 Mar '23 4
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