Altos Market Data for Realtors

River Forest, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



River Forest, IL

Sun Mar 29 2026
This week the median list price for River Forest, IL is $1,099,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 5. Click here to stay informed with the River Forest market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

River Forest, IL

Sun Mar 29 2026
This week the median list price for River Forest, IL is $1,099,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has decreased to 5. Click here to stay informed with the River Forest market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the River Forest market.
Median List Price $1,099,000
Median Price of New Listings $1,625,000
Per Square Foot $362
Average Days on Market 39
Median Days on Market 56
Price Decreased 40%
Price Increased 0%
Relisted 40%
Inventory 5
Median Rent
Market Action 43
Slight Seller's Advantage

This week prices bumped up a bit but the trend of the last few weeks is generally downward. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,625,000 4,449 6,500 - 8,000 sqft 5 3.5 92 2 0 0
$1,099,000 3,030 - 6 3.5 109 0 0 56
$1,020,000 3,008 - 4 3.5 73 0 0 70
$535,000 1,334 - 3 1 113 0 0 70