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Foreclosure Homes in Forest Park, IL 60130

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Forest Park, IL Foreclosures

How much do homes sell for in Forest Park, IL?
The average home price is currently $334,756.
In Forest Park, IL, how many homes are available?
There are currently 66 active home listings available in Forest Park.
What’s the average rental cost in Forest Park, IL?
The average rental price in Forest Park is $1,568.
What is the most expensive home in Forest Park?
The most expensive home sold in Forest Park had a price of $16,126,413.
What is currently the cheapest priced home in Forest Park, IL?
The cheapest home for sale in Forest Park is priced at $49,444.

Living in Forest Park, IL

Forest Park, IL is a charming community offering a suburban lifestyle with easy access to urban amenities. Home to friendly neighborhoods and a variety of local businesses, it provides residents with great schools and beautiful parks. With convenient transportation options, commuting to downtown Chicago is a breeze.

Current Market Conditions in Forest Park, IL

The real estate market in Forest Park is currently experiencing growth, with a steady increase in property values over recent years. This is driven by its appealing location close to Chicago, attractive neighborhoods, and strong community ties that draw in new residents.

Despite the rising property prices, the area still offers a range of affordable options, making it a compelling choice for both first-time homebuyers and seasoned investors. The ongoing development projects and revitalization efforts in the downtown area further indicate a strong trend towards appreciation in property values.

Home Value Estimator For Forest Park, IL

There are currently 5,487 real estate properties in Forest Park, IL, with a median automated valuation model (AVM) price of $301,327.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forest Park, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Forest Park, IL, is $334,756.00, with the most expensive house in Forest Park, IL, topping out at $16,126,413.00 and the cheapest home in Forest Park, IL, clocking in at $49,444.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest Park, IL!

Rent Prices In Forest Park, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest Park, IL, is on a rollercoaster ride. The average rent price in Forest Park, IL, is $1,568.00. Indeed, when looking to rent in Forest Park, IL, you can expect to pay as little as $710.00 or as much as $2,620.00, with the average rent median estimated to be $1,500.00. The good news is that finding an affordable and desirable property to rent in Forest Park, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Forest Park, IL 60130 Foreclosures


Market Trend for Forest Park, IL

Total Listings Available: 66

Market Values:

Home Prices from $49,444 to $16,126,413

Average Sales Price: $334,756

Rental Values:

Rental from $710 to $2,620

Average Rent Value: $1,568 / month

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