Real Estate In Park Forest is a balanced market favoring buyers. There is significant amount of homes for sale in Park Forest, and buyers are not in a rush to buy yet. There is a 7.07 months supply of inventory on the market in Park Forest on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Park Forest last month was 85 days. It took on average 5 days to sell Park Forest Condo, Townhouse or a Duplex.
The number of home sales in Park Forest from August 1, 2019 through August 31, 2019 was 21 units. That is 1% above the number of homes sold last month in Park Forest.
The average price per square foot in the area is now $56/Sq.Ft, which is 18% a decline from last month.


In Park Forest there were 5 units sold in August in the price range between $17,500 – $46,690 with an average of 2.4 bedrooms and 1.2 bathrooms and average Square footage of 1,085SF.

In Park Forest there were 13 units sold in August in the price range between $46,691 – $110,439 with an average of 3.3 bedrooms and 1.7 bathrooms and average Square footage of 1,330SF.

In Park Forest there were 3 units sold in August in the price range between $110,440 – $145,000 with an average of 3.7 bedrooms and 2 bathrooms and average Square footage of 1,519SF.

The low price range had the most activity. Homes up to $46,690 were on the market on average 60 days and sold an average of $26,958.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Park Forest. Search all Park Forest homes for Sale on propertyup.com If you are considering viewing Park Forest, you may want to do so now!

Park Forest
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$76,126
$77,937
Median Sales Price
$93,853
$75,879
Month supply of inventory
7.3
7.1
Market Time Detached
72 days
85 days
Market Time Attached
19 days
5 days
Inventory
202 properties
191 properties
Low price range
$32,000 – $62,927
$17,500 – $46,690
Low price range market time
109 days
60 days
Low price range units sold
0
5
Low price range bedrooms
2.7
2.4
Low price range bathrooms
1.1
1.2
Low price range approx sqft
1,345 SF
1,085 SF
Mid price range
$62,928 – $121,926
$46,691 – $110,439
Mid price range market time
47 days
101 days
Mid price range units sold
6
13
Mid price range bedrooms
3.5
3.3
Mid price range bathrooms
1.8
1.7
Mid price range approx sqft
1,314 SF
1,330 SF
High price range
$121,927 – $150,000
$110,440 – $145,000
High price range market time
48 days
9 days
High price range units sold
7
3
High price range bedrooms
3.7
3.7
High price range bathrooms
2
2
High price range approxsqft
4,194 SF
1,519 SF