REAL ESTATE MARKET

FOREST PARK, ILLINOIS

August 2020

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FOREST PARK REAL ESTATE

IS A BALANCED MARKET

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HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
  • 7.19months
    To Sell All Homes Presently For Sale
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HOW MUCH DID forest park BUYER PAY?

Buyers payed

Under asking price

18

Buyers payed

At asking price

2

Buyers payed

Over asking price

3

There are more forest park buyers paying under asking price.
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WHY DOES forest park HAVE A BALANCED MARKET?

August 2020

148

  • Active Homes For Sale

Last 12 Months

247

  • Homes Sold
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HOW forest park market trend from last Year?

Active Homes For Sale

  • July 2019

    140

  • July 2020

    148

Homes Sold

  • July 2019

    13

  • July 2020

    23
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WHAT TYPES OF HOMES ARE SELLING?

SINGLE FAMILY HOMES

Sold 9

CONDOS

Sold 11
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HOW LONG DOES IT TAKE TO SELL IN forest park?

forest park Single Family Homes

Sell Slower In July Vs June

  • June 2020

    13 days

  • July 2020

    42 days

forest park Condo, duplex & town-homes

Sell Slower In July Vs June

  • June 2020

    40 days

  • July 2020

    46 days
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HOW ARE PRICES TRENDING IN forest park?

Avarage list price increase

Good for seller

  • June

    $273K

  • July

    $281K

Median sold price decrease

Buyers bargain harder

  • June

    $245K

  • July

    $235K
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WHAT CAN I BUY IN forest park ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$75K-$155K
Bedrooms
1.3
Bathrooms
1
Home size
850Sq. Ft.
$155K-$375K
Bedrooms
3
Bathrooms
2.2
Home size
1643Sq. Ft.
$375K-$515K
Bedrooms
3.5
Bathrooms
3
Home size
2010Sq. Ft.
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WHAT IS FOR SALE IN forest park TODAY?

Single family homes for sale

Multi family homes for sale
Condos for sale

Land for sale

Townhomes homes for sale

Mobile home for sale

Parking for sale

Below market homes and deals

Short sale homes for sale

Foreclosures for sale

Homes with waterfront

Homes with pool

Homes with golf course

New construction homes

Luxury homes

All homes for sale
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forest park REAL ESTATE MEDIAN SALES PRICE BY MONTH

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forest park SOLD LISTINGS

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forest park ACTIVE FOR SALE LISTINGS

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forest park TRANSACTION VOLUME IN US DOLLARS

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forest park MONTH SUPPLY INVENTORY

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Schools in forest park

School Name Grand Level For Sale
grant-white elementary school View Homes For Sale
betsy ross elementary school View Homes For Sale
field stevenson elementary school View Homes For Sale
garfield elementary school View Homes For Sale
School Name Grand Level For Sale
forest park middle school View Homes For Sale
School Name Grand Level For Sale
proviso math and science academy 9th Grade - 12th Grade View Homes For Sale

Subdivisions in forest park

Subdivision
the residences at the grove (2 for sale) View Homes For Sale
harvard house (2 for sale) View Homes For Sale
boardwalk condos (1 for sale) View Homes For Sale
terrace condominiums (1 for sale) View Homes For Sale
madison place (1 for sale) View Homes For Sale
canterbury condominiums (1 for sale) View Homes For Sale

New For Sale in Forest Park

Date Address Beds Baths Sq.Ft. Price
Oct 14, 2019 300 circle 1 1 650 ft2 $84K
Jul 30, 2020 313 elgin 1 1 750 ft2 $100K
Aug 04, 2020 7202 adams 2 1 792 ft2 $112K
Jul 31, 2020 843 lexington 3 1 2,221 ft2 $360K
Aug 05, 2020 315 marengo 1 1 0 ft2 $110K
Aug 02, 2020 7753 van buren 1 1 0 ft2 $200K
Jul 21, 2020 7757 van buren 1 1 0 ft2 $200K
Jul 01, 2020 1021 des plaines 2 2 950 ft2 $140K
Jul 16, 2020 315 des plaines 2 2 1,200 ft2 $160K