Forest View, IL Foreclosures
How much do homes sell for in Forest View, IL?
The average home price is currently $376,180.
In Forest View, IL, how many homes are available?
There are currently 7 active home listings available in Forest View.
What’s the average rental cost in Forest View, IL?
The average rental price in Forest View is $1,752.
What is the most expensive home in Forest View?
The most expensive home sold in Forest View had a price of $8,775,904.
What is currently the cheapest priced home in Forest View, IL?
The cheapest home for sale in Forest View is priced at $38,359.
Living in Forest View, IL
Forest View, located in Cook County, Illinois, is a quaint village known for its family-friendly atmosphere and suburban charm. With easy access to major highways and public transportation, residents can enjoy the tranquility of a small town while being close to the bustling city of Chicago. The community is characterized by its parks, local amenities, and a strong sense of community pride.
Current Market Conditions in Forest View, IL
The real estate market in Forest View is currently experiencing a stable phase with a good mix of property types available for sale. Due to the area's appealing characteristics, such as accessibility to Chicago and family-friendly amenities, home prices have shown resilience in the face of broader economic changes. The average time on the market for listings is decreasing, suggesting a competitive atmosphere where buyers are actively searching for homes.
With a steady demand for rental properties fueled by ongoing urban migration, Forest View has become increasingly attractive to both home buyers and investors. Neighborhoods within the community are seeing upgrades and renovations, particularly those close to parks and public transportation hubs, further enhancing property values.
Home Value Estimator For Forest View, IL
There are currently 138 real estate properties
in Forest View, IL,
with a median automated valuation model (AVM) price
of $308,787.00. 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 View, 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 View, IL,
is $376,180.00, with the most expensive house
in Forest View, IL, topping out
at $8,775,904.00 and the cheapest home
in Forest View, IL,
clocking in at $38,359.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forest View, IL!
Rent Prices
In Forest View, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forest View, IL, is on
a rollercoaster ride. The
average rent price in Forest View, IL,
is $1,752.00. Indeed, when looking to rent in
Forest View, IL, you can expect to pay as little
as $1,140.00 or as much
as $1,970.00,
with the average rent median estimated to
be $1,760.00. The good news is that finding
an affordable and desirable property to rent in Forest View, 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.
Learn more on Foreclosure homes
