Forest City, MN is a small city located in the Midwest with a housing median value of $296,700. This is significantly lower than the US House Median Value of $338,100, however the city has still seen an increase in value over the last year with an appreciation of 6.82%. The market in Forest City is strong and offers its residents great opportunities for homeownership.
The median home cost in Forest City is $296,700. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Forest City is up 11.0%.
Average Age of Homes
- The median age of Forest City real estate is 43 years old
The Rental Market in Forest City
- Renters make up 9.1% of the Forest City population
- 0.0% of houses and apartments in Forest City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.