Forest Park home prices

[damba]

Originally Posted by Westburbgal

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Yes, but why pay for private school when you get a nice house in a good school district? FP is nice but it isn’t that nice where you should be willing to double pay.

You are preaching to the choir.

I have wealthier friends who could easily afford that scenario but their interests/tastes remain opposite of mine. They like to live where they want to live.

[Westburbgal]

Originally Posted by damba

A physician/couple (outlier, based on the so called ‘high prices paid’) wouldn’t have to think about schools.

If you are saying a childless couple i agree ... I think most ( not all) people that are purchasing 4 bedroom homes tend to have kids.

[BRU67]

Originally Posted by Westburbgal

I’ve recently seen homes ( albiet nice homes) selling for upper 400k and 500k in Forest Park. Considering how terrible the schools are this is a a bit surprising. I would think if someone had that much to spend they would look at other areas. Is this a new trend or just a few uninformed buyers who will lose out on resale value.( Zillow has the homes estimated value at much less than what the purchase price is listed). I was considering GP as a temporary stay until my daughter reached school age. At that point I was going to go over to Oak Park; however if this is the trend, maybe it makes sense to just go directly to Oak Park.

You could also go to Berwyn. The schools also are underperforming but you're also close to Loyola and the same private schools which serve Forest Park.