Zip 60305 (River Forest, IL) Housing

The housing market in 60305 River Forest, IL is a great place to invest. According to recent data, the median value of homes in this area is $601,300. Compared to the US house median value of $338,100, this is quite high. Additionally, while the US 1 year House Appreciation rate is 8.27%, the 1 year appreciation rate in 60305 River Forest, IL is 4.70%. This shows that home values are appreciating at a slower rate than other areas in the country. Taking all this into account, it's clear that investing in real estate in 60305 River Forest, IL could be a wise decision for those looking to maximize their return on investment over time.

The median home cost in River Forest (zip 60305) is $601,300. Home appreciation the last 10 years has been 41.4%. Home Appreciation in River Forest (zip 60305) is up 10.6%.

Average Age of Homes

- The median age of River Forest (zip 60305) real estate is 74 years old

The Rental Market in River Forest (zip 60305)

- Renters make up 9.1% of the River Forest (zip 60305) population
- 0.2% of houses and apartments in River Forest (zip 60305), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	River Forest, Illinois	United States
	4,699.0	139,647,020.0
	76	42
	$601,300	$338,100
	10.6%	16.6%
	19.4%	57.0%
	41.4%	101.1%
	$20.96	$10.98
	$10,001	$2,690
	84.2%	57.4%
	5.8%	11.2%
	10.0%	31.4%
Vacant Housing
	0.2%	1.9%
	0.6%	0.4%
	1.9%	0.7%
	0.1%	0.4%
	0.0%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.0%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.7%	4.5%
	2.5%	11.3%
	4.8%	13.0%
	13.9%	20.1%
	9.5%	13.6%
	5.6%	8.3%
	29.8%	9.7%
	22.3%	3.9%
	6.9%	2.2%
	2.9%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	1.3%	13.6%
	2.1%	13.2%
	9.2%	14.8%
	1.3%	13.6%
	13.7%	10.0%
	10.4%	4.7%
	44.6%	12.2%

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