From April to June, 78 homes sold in River Forest for a median price of $510,000. That's 3.5 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 5 homes in River Forest were in foreclosure.
Median property tax for homeowners in River Forest was $14,234.02 in 2017 according to tax data from that year. That means homeowners pay 2.7 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
River Forest real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
27
$312,390
-
2010
23
$572,850
83.4%
2011
34
$500,025
-12.7%
2012
37
$485,050
-3%
2013
57
$496,800
2.4%
2014
42
$487,600
-1.9%
2015
43
$603,140
23.7%
2016
72
$499,275
-17.2%
2017
77
$528,360
5.8%
2018
78
$510,000
-3.5%
Median property tax
Median sale price
Effective property tax rate
2009
$8,048.94
$312,390
2.6%
2010
$13,486.77
$572,850
2.4%
2011
$14,730.12
$500,025
2.9%
2012
$15,659.71
$485,050
3.2%
2013
$13,292.04
$496,800
2.7%
2014
$12,998.71
$487,600
2.7%
2015
$15,037.18
$603,140
2.5%
2016
$12,211.56
$499,275
2.4%
2017
$14,234.01
$528,360
2.7%
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