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Land Foreclosures in Forest Park, IL

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Displaying 9,741 - 9,750 of 12,051

Forest Park, IL Foreclosures

How much do homes sell for in Forest Park, IL?
The average home price is currently $340,625.
In Forest Park, IL, how many homes are available?
There are currently 12,051 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 $15,603,953.
What is currently the cheapest priced home in Forest Park, IL?
The cheapest home for sale in Forest Park is priced at $50,031.

Living in Forest Park, IL

Forest Park, IL is a family-friendly suburb just outside Chicago, noted for its charming local shops, diverse dining options, and beautiful parks. It's an ideal place for those who desire a suburban lifestyle with easy access to the city. The community is tightly knit, making it a great place for families and young professionals.

Current Market Conditions in Forest Park, IL

The real estate market in Forest Park has shown significant growth over the past year, with prices increasing due to demand from buyers looking for affordable suburbs close to Chicago. The charm of the area, combined with a strong community vibe, continues to attract new residents.

The rental market is also thriving, with a low vacancy rate indicating strong demand for rental properties. Investors are taking notice of Forest Park's potential for appreciation as more people seek housing options that offer convenience to the city.

Home Value Estimator For Forest Park, IL

There are currently 5,491 real estate properties in Forest Park, IL, with a median automated valuation model (AVM) price of $306,300.00. 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 $340,625.00, with the most expensive house in Forest Park, IL, topping out at $15,603,953.00 and the cheapest home in Forest Park, IL, clocking in at $50,031.00. 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 Land

Market Trend for Forest Park, IL

Total Listings Available: 12,051

Market Values:

Home Prices from $50,031 to $15,603,953

Average Sales Price: $340,625

Rental Values:

Rental from $710 to $2,620

Average Rent Value: $1,568 / month

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