Forbes Names Chicago Suburb one of ‘America’s Most Stable Housing Markets’

by Chicago Agent

According to Forbes magazine, the Chicago suburb of La Grange Park has one of the 20 most stable real estate markets in the country.

View of Chicago from Sears Tower

View of Chicago from Sears Tower - Image by Bruno Ehrs/Corbis

The small town on the west side of Cook County has a population of roughly 13,000 people. As Chicago-area home prices declined further with each passing quarter in 2010, La Grange Park’s average home prices saw a 0.7 percent increase at the end of the year.

The average home price in La Grange Park is reported by Forbes to be $273,000.

Other towns to make Forbes’ list were Bloomfield Township, Mich.; Coral Springs, Fla.; and Cupertino, Calif., home of technology giant Apple Inc.’s headquarters.

To see the full list, visit www.Forbes.com.

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