River Forest, IL

Balanced market-27.5% YoY

Housing market overview · Updated weekly

$391,750median sale price

Homes sold

12

Last 12 weeks

Days on market

128

Average pace

Active listings

36

3.0 months supply

Sale-to-list

99.5%

Below asking

The River Forest housing market is currently classified as a balanced market with a median sale price of $391,750. Prices have fallen 27.5% compared to last year, with homes spending an average of 128 days on market, indicating 3.0 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 River Forest

There are currently 36 homes listed for sale in River Forest, Illinois. The median listing price is $499K.

Active listings

36

Homes on market

Median list price

$499K

Avg. days on market

128

Days until sale

New this week

15

Newly listed

Price drops:16.7%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in River Forest?

The median home sale price in River Forest is $391,750, down 27.5% from last year.

How long do homes stay on market in River Forest?

Homes typically spend 128 days on market before going under contract.

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

With 3.0 months of supply, River Forest is currently a balanced market.

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