River Forest, IL Real Estate
According to census data in the year 2000 there were 4,232 housing units in River Forest.
This represents a 0.8% growth from 4,197 in 1990.
Of those housing units, 4,232 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in River Forest is about 86.9%.
River Forest's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in River Forest were built after 1941.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.30% |
| Two Bedrooms | 25.10% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 24.40% |
| Five Bedrooms or more | 9.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $386,600 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.70% |
| Home Equity Loan | 16.70% |
| Simple Mortgage | 50.70% |
| Debt Free | 27% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
