From January to March, 31 homes sold in River Forest for a median price of $415,000. That's 11.5 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, there were no foreclosures in River Forest.
Median property tax for homeowners in River Forest was $8,809.97 in 2016 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
River Forest real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
14
$751,725
-
2010
28
$473,100
-37.1%
2011
18
$598,900
26.6%
2012
23
$185,300
-69.1%
2013
37
$469,800
153.5%
2014
38
$392,730
-16.4%
2015
31
$461,100
17.4%
2016
38
$340,463
-26.2%
2017
46
$372,300
9.4%
2018
31
$415,000
11.5%
Median property tax
Median sale price
Effective property tax rate
2009
$18,882.60
$751,725
2.5%
2010
$12,890.77
$473,100
2.7%
2011
$15,767.10
$598,900
2.6%
2012
$6,012.44
$185,300
3.2%
2013
$13,255.65
$469,800
2.8%
2014
$12,026.25
$392,730
3.1%
2015
$11,586.07
$461,100
2.5%
2016
$8,809.97
$340,463
2.6%
Alerts Sign-up