foreclosure.com

Cheap Homes in Forest Park, IL

Search within map
Min to 60k
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 1 of 1
 

Forest Park, IL Foreclosures

How much do homes sell for in Forest Park, IL?
The average home price is currently $340,981.
In Forest Park, IL, how many homes are available?
There are currently 1 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 $16,616,430.
What is currently the cheapest priced home in Forest Park, IL?
The cheapest home for sale in Forest Park is priced at $50,675.

Living in Forest Park, IL

Forest Park, IL, offers a delightful suburban lifestyle on the outskirts of Chicago, characterized by its friendly community and a variety of local amenities. Residents have access to lush parks, vibrant shopping areas, and excellent schools. This area is perfect for those looking for a convenient commute to the city while enjoying a close-knit suburban environment.

Current Market Conditions in Forest Park, IL

The current real estate market in Forest Park is on an upward trend, with an increasing demand for housing. The area has seen a rise in home values as prospective buyers are drawn to its appealing lifestyle and proximity to Chicago. The inventory remains tight, leading to competitive offers on homes, particularly in desirable neighborhoods.

There has been a noticeable increase in new developments, attracting families and young professionals who are eager to invest in the area. This growth indicates that Forest Park can be viewed as a strong candidate for long-term real estate investments.

Home Value Estimator For Forest Park, IL

There are currently 5,498 real estate properties in Forest Park, IL, with a median automated valuation model (AVM) price of $305,102.00. 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 $340,981.00, with the most expensive house in Forest Park, IL, topping out at $16,616,430.00 and the cheapest home in Forest Park, IL, clocking in at $50,675.00. 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.

Cheap Homes in Forest Park, IL

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.