River Forest Real Estate Market Continues Upward Trend in Price Cuts

The number of sellers reducing prices in the River Forest market trended up to 33 over the last 30 days, extending a three-week streak. During the same period, 23 sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $438,000 this week.

With these listings in River Forest recently dropping in price, this may be the last time to see them before they come off the market:

$1.1M   $1.5M   $1.2M  

Get started right now by checking out River Forest homes for sale or reviewing River Forest real estate trends.

Demographic facts about River Forest:

  • The average elevation is 623 feet.
  • The area's median income per household is $100,215.
  • This area has an average school expenditure per student of $6,582. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
Prudential Rubloff Properties
9 reviews
Real People Realty Inc
Snapped 49 homes in this area
RE/MAX Professionals Select
Snapped 2 homes in this area

Agents that specialize in this area
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