Housing in Forest Park, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$310,000
Median List Price
$325,000
Price Per Sq Ft
$217
Days on Market
67
Active Inventory
40
Months of Supply
3.1
Seller's market
Zillow Home Value
$264,891
ZHVI — January 2026
Zillow Rent Index
$1,595
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.8%
Off Market in 2 Weeks
58.8%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
23
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$217
Median List $/SF
$239
Forest Park vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Forest Park is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$293,800
Median Rent
$1,352
Total Housing Units
7,777
Vacancy Rate
9.5%
Owner Occupied
53.6%
Renter Occupied
46.4%
Median Property Tax
$6,871
per year
Monthly Cost (w/ Mortgage)
$1,692
Housing Types
The current median sale price in Forest Park, IL is $310,000 according to Redfin data. Homes spend a median of 67 days on the market. 30.8% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $217. Zillow's observed rent index is $1,595/month. About 53.6% of housing units are owner-occupied. The median year homes were built is 1949. There are 7,777 total housing units.