From October to December, 26 homes sold in River Forest for a median price of $242,500. That's 46.9 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 1 home in River Forest was in foreclosure.
Median property tax for homeowners in River Forest was $10,033.89 in 2017 according to tax data from that year. That means homeowners pay 2.2 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
21
$526,500
-
2010
21
$684,000
29.9%
2011
30
$409,625
-40.1%
2012
35
$359,700
-12.2%
2013
40
$565,110
57.1%
2014
49
$475,940
-15.8%
2015
57
$498,200
4.7%
2016
35
$446,250
-10.4%
2017
41
$456,960
2.4%
2018
26
$242,500
-46.9%
Median property tax
Median sale price
Effective property tax rate
2009
$13,266.20
$526,500
2.5%
2010
$15,399.09
$684,000
2.3%
2011
$8,159.02
$409,625
2%
2012
$12,046.03
$359,700
3.3%
2013
$14,285.52
$565,110
2.5%
2014
$10,039.70
$475,940
2.1%
2015
$12,366.53
$498,200
2.5%
2016
$12,695.79
$446,250
2.8%
2017
$10,033.89
$456,960
2.2%
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