Altos Market Data for Realtors

River Forest, IL

Single-Family Homes

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River Forest, IL

Sat Nov 29 2025
This week the median list price for River Forest, IL is $895,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 9. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

River Forest, IL

Sat Nov 29 2025
This week the median list price for River Forest, IL is $895,000 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has decreased to 9. 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 cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the River Forest market.
Median List Price $895,000
Median Price of New Listings $725,000
Per Square Foot $352
Average Days on Market 51
Median Days on Market 42
Price Decreased 22%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,250,000 3,877 0.25 - 0.5 acre 5 4 100 0 1 21
$1,022,000 2,794 0 - 4,500 sqft 4 3 63 0 0 108
$855,000 2,513 - 3 2.5 109 0 0 45
$777,500 2,475 - 3 3.3 70 1 0 7