From July to September, 62 homes sold in River Forest for a median price of $532,500. That's 5.9 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 2 homes in River Forest were in foreclosure.
Median property tax for homeowners in River Forest was $13,944.57 in 2017 according to tax data from that year. That means homeowners pay 2.8 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
46
$602,550
-
2010
45
$427,500
-29.1%
2011
42
$613,025
43.4%
2012
69
$457,800
-25.3%
2013
98
$491,400
7.3%
2014
51
$572,400
16.5%
2015
72
$530,000
-7.4%
2016
76
$521,850
-1.5%
2017
61
$502,860
-3.6%
2018
62
$532,500
5.9%
Median property tax
Median sale price
Effective property tax rate
2009
$16,413.73
$602,550
2.7%
2010
$12,414.73
$427,500
2.9%
2011
$16,372.27
$613,025
2.7%
2012
$13,195.44
$457,800
2.9%
2013
$12,371.65
$491,400
2.5%
2014
$12,634.98
$572,400
2.2%
2015
$13,127.15
$530,000
2.5%
2016
$9,959.82
$521,850
1.9%
2017
$13,944.57
$502,860
2.8%
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