River Forest, IL is a desirable place to live with a median housing value of $587,300 which is significantly higher than the US median of $338,100. Although the appreciation rate for housing in River Forest over the past year was only 4.71%, that is still much higher than the current US housing appreciation rate of 8.27%. The high housing values and strong appreciation rate in River Forest make it a sought after community for those looking to purchase a home.
The median home cost in River Forest is $587,300. Home appreciation the last 10 years has been 41.4%. Home Appreciation in River Forest is up 10.6%.
Average Age of Homes
- The median age of River Forest real estate is 74 years old
The Rental Market in River Forest
- Renters make up 9.1% of the River Forest population
- 0.2% of houses and apartments in River Forest, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.