Forest Park, IL has an impressive housing median value of $262,500, which is significantly higher than the US median value of $338,100. This strong housing market is further backed by a 1 year appreciation rate of 9.73%, much higher than the national average of 8.27%. The combination of these factors make Forest Park a desirable place to purchase a home and makes it attractive for both long-term residents and those looking to invest in real estate.
The median home cost in Forest Park (zip 60130) is $262,500. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Forest Park (zip 60130) is up 12.6%.
Average Age of Homes
- The median age of Forest Park (zip 60130) real estate is 59 years old
The Rental Market in Forest Park (zip 60130)
- Renters make up 46.1% of the Forest Park (zip 60130) population
- 3.0% of houses and apartments in Forest Park (zip 60130), 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.