River Forest, IL Real Estate Market Summary – September 7, 2026
In River Forest, IL, the real estate market has seen a total of 9 properties sold in the last month, reflecting a pace of 1 property every 3.33 days. The average living area of these homes is approximately 1,731 square feet, with a median living area of 2,753 square feet.
| Metric | 30 Days |
|---|---|
| Number Sold | 9 |
| Sold Per Day | 1 every 3.33 days |
| Average SQFT | 17318 |
| Median Sales Price | $850,000 |
| Average Sales Price | $761,389 |
| Average Price Per SQFT | $247 |
| Average Days on Market | 16 |
| Average Year Built | 1949 |
River Forest, IL Single Family Home Analysis
For single-family homes, 6 properties have changed hands recently, averaging 3,294 square feet in size. The average sale price for these homes is $956,667, while the median sale price stands at $875,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 6 |
| Sold Per Day | 1 every 5.00 days |
| Average SQFT | 3294 |
| Median Sales Price | $875,000 |
| Average Sales Price | $956,667 |
| Average Price Per SQFT | $309 |
| Average Days on Market | 14 |
| Average Year Built | 1938 |
River Forest, IL Condo & Townhome Analysis
The condo and townhome market experienced 3 transactions, with properties averaging 2,311 square feet. The average sale price for condos and townhomes is $370,833, and the median price is $360,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 3 |
| Sold Per Day | 1 every 10.00 days |
| Average SQFT | 40690 |
| Median Sales Price | $360,000 |
| Average Sales Price | $370,833 |
| Average Price Per SQFT | $144 |
| Average Days on Market | 26 |
| Average Year Built | 1970 |
Buyer & Seller Analysis
- Pace of transactions is steady at 1 every 3.33 days for all property types.
- Average days on market is 16 days across all segments.
- Median sale price for single-family homes is $875,000, while for condos, it’s $360,000.
- Data reflects activity over the past month, with 9 homes sold in total.
Conclusion
Overall, River Forest’s real estate market shows a consistent level of activity across different property types. The statistics indicate steady demand, particularly in the single-family segment.