Forest Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 253 transactions over the past year in Forest Park. The median value for residential home transactions that occurred over the previous year is $260,786.02. The number of current listings in Forest Park is 3, and the percentage of properties for sale in the city is 3.00%. Forest Park, IL currently has 29 properties in foreclosure, 3 bank owned properties, 5 properties headed for auction, and 3 properties for sale.
Forest Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60130 | $ 249,951 $ 187/sqft |
Housing Market Summary for Forest Park, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $189.9K | $251.9K | 32.66% |
| Median Sold Price | $235K | $251.9K | 7.20% |
| Homes For Sale | 7 | 6 | -14.29% |
| Homes Sold | 152 | 143 | -5.92% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forest Park, IL
Browse Homes in Forest Park, IL
Forest Park home values range from $36,774 to $1,056,566. The median estimated value of a home in Forest Park is $260,786.02. The median list price of a home is 165,000, and the total count of properties in the city is 4,095.
- Pre-ForeclosurePre-foreclosure homes account for 0.51% of all residential properties in Forest Park, IL with 60130 containing 21 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $455,484 in 60130 to the lowest home value of $84,800 in 60130.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forest Park, IL ranges from the highest value of $501,486 in 60130 to the lowest value of $106,882 in 60130. Bank owned homes and properties account for 0.07% of properties in Forest Park, IL. There is 1 zips within Forest Park, IL; 60130 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60130 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Forest Park, IL. Auction homes and other auction properties account for 0.12% of all properties in Forest Park, IL. There is 1 zips within Forest Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $432,691 in 60130 to the lowest value of $249,951 in 60130.
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