Forest Park, IL

Balanced market+31.6% YoY

Housing market overview · Updated weekly

$375,000median sale price

Homes sold

15

Last 12 weeks

Days on market

68

Average pace

Active listings

49

3.3 months supply

Sale-to-list

99.2%

Below asking

The Forest Park housing market is currently classified as a balanced market with a median sale price of $375,000. Prices have risen 31.6% compared to last year, with homes spending an average of 68 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Forest Park

There are currently 49 homes listed for sale in Forest Park, Illinois. The median listing price is $325K.

Active listings

49

Homes on market

Median list price

$325K

Avg. days on market

68

Days until sale

New this week

25

Newly listed

Price drops:12.2%of listings
Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Forest Park?

The median home sale price in Forest Park is $375,000, up 31.6% from last year.

How long do homes stay on market in Forest Park?

Homes typically spend 68 days on market before going under contract.

Is Forest Park a buyer's or seller's market?

With 3.3 months of supply, Forest Park is currently a balanced market.

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