Property prices for sale in Park Forest (Illinois)

The prices in real estate in Park Forest, in the Illinois region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$162,022.33
Average price last 6 months
$120.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Park Forest has increased during the last 6 months. In January, the average price per sq.feet was $111. In the following month the price per sq.feet increased to $119. In the following two months the price per sq.feet has barely changed, going from $115 to $119 per sq.feet. The price per sq.feet has increased 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $117 to $127.5 during May, and June.

Average price

Based upon to the price in Park Forest (cities), this has gone up in the last 6 months. The price in January is $146,670, rising in February till $161,840. In the following two months the average price has remained the same with regard to the previous two months from $154,255 to $157,886.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $174,493 they are 17 % more affordable than the average price for Park Forest. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at $173,979.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $127 / sq.feet, with an average $127 / sq.feet price in Park Forest. The properties with the highest average prices have 4 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $132 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $174,493 it is 51 % cheaper than the average price in Park Forest. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $94,320 it is 1 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $46 / sq.feet followed by "Condo" priced at $57 / sq.feet. "House" is the cheapest type of property with a $127 / sq.feet value followed by "Apartment" with an average price of $68 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Park Forest
Number of properties used in region Illinois
$174,493
$127
1,162
392,282
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value