Housing Prices in Park Forest, TX

How much do homes in Park Forest, TX cost?

Median List Price

$374,000

$220/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$4,100(+1.1%)

Key Takeaway

The list price of homes in Park Forest has increased by 1.1% since last year.

Summary: The median home list price in Park Forest was $374,000 in October 2024, up 1.1% from the previous year, and the median price per square foot was $220.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$214.7K
N/A
2 $229K$225K
-1.7%
3 $365K$370K
+1.4%
4 $399.9K$399.4K
-0.1%
5+ $460K$431K
-6.3%

Summary: Park Forest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 6.3%.

Median List Price Compared To Nearby Neighborhoods

Park Forest North
+3.9%
Parkhill
+2.7%
Park Forest
+1.1%
North Parker
-2.2%

Housing Supply in Park Forest, TX

How many homes are available in Park Forest, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4249+16.7%

Summary: The Park Forest real estate market had 49 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 3341
+24.2%
4 76
-14.3%
5+ 00
0.0%

Summary: The Park Forest housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 24.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Days on Market for Park Forest, TX

How long does it take to sell a home in Park Forest, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
86 Days58 Days-32.1%

Summary: Homes in Park Forest had an average listing age of 58 days in Oct 2024, down by 32.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Park Forest, TX

Nearby Markets to Park Forest, TX