Housing in River Forest, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$361,250
Median List Price
$649,000
Price Per Sq Ft
$274
Days on Market
61
Active Inventory
36
Months of Supply
9.0
Buyer's market
Zillow Home Value
$686,383
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
26.7%
Sale-to-List Ratio
99.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
14
Pending Sales
15
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$274
Median List $/SF
$264
River Forest vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. River Forest 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
$676,900
Median Rent
$1,411
Total Housing Units
4,494
Vacancy Rate
4.9%
Owner Occupied
89.0%
Renter Occupied
11.0%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,747
Housing Types
The current median sale price in River Forest, IL is $361,250 according to Redfin data. Homes spend a median of 61 days on the market. 25.0% of homes sold above asking price. The market has 9.0 months of supply. The median price per square foot is $274. The median rent is $1,411 per month (Census ACS). About 89.0% of housing units are owner-occupied. The median year homes were built is 1945. There are 4,494 total housing units.