Forest Park Market Trends


Median Sales Price in Forest Park

 

1 yr 5 yr Max
Forest Park median sales prices
Number of sold homes in Forest Park
Neighborhood Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
Forest Park $86,000 -38.1% $142,000 $138,900 $133,000
Springfield $125,500 -7.0% $134,500 $135,000 $132,250
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Summary for Forest Park


The median sales price for homes in Forest Park for Aug 14 to Nov 14 was $86,000. This represents a decline of 39.4%, or $56,000, compared to the prior quarter and a decrease of 38.1% compared to the prior year. Sales prices have depreciated 35.3% over the last 5 years in Forest Park, Springfield. The median sales price of $86,000 for Forest Park is 31.47% lower than the median sales price for Springfield MA. Average listing price for homes on Trulia in Forest Park was $160,231 for the week ending Nov 12, which represents an increase of 0.1%, or $171 compared to the prior week and an increase of 1.7%, or $2,726, compared to the week ending Oct 22. Average price per square foot for homes in Forest Park was $92 in the most recent quarter, which is 3.37% higher than the average price per square foot for homes in Springfield.

Average Listing Price in Forest Park

 

Forest Park average property price
Forest Park – number of properties
Neighborhood Week ending
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
Week ending
Oct 22
Forest Park $160,231 +0.1% $160,060 $157,852 $157,505
Springfield $139,673 +0.2% $139,438 $138,002 $138,246
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Average Price Per Sqft. for Homes in Forest Park

 

1 yr 5 yr Max
Forest Park average price per square foot
Neighborhood Aug - Nov '14 y-o-y 3 months prior 1 year prior 5 years prior
Forest Park $92 +1.1% $97 $91 $96
Springfield $89 -8.2% $106 $97 $101
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Popular Neighborhoods in Springfield


Neighborhoods Week ending
Nov 12
w-o-w Week ending
Nov 5
Week ending
Oct 29
Forest Park 1 +1 2 1
Sixteen Acres 2 -1 1 2
East Forest Park 3 3 4
Liberty Heights 4 4 3
McKnight 5 5 7
East Springfield 6 +1 7 6
Homes for Sale in Forest Park
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