Forest View, IL is an area with a strong housing market. The median value of housing in Forest View is $244,600, which is significantly lower than the US median house value of $338,100. Despite the lower median value, the housing market in Forest View has seen a strong appreciation rate of 9.16% over the last year, higher than the national average of 8.27%. This indicates a healthy and prosperous housing market in Forest View, and people looking to buy or invest in residential real estate should consider this area as an option for their next purchase.
The median home cost in Forest View is $244,600. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Forest View is up 13.5%.
Average Age of Homes
- The median age of Forest View real estate is 62 years old
The Rental Market in Forest View
- Renters make up 11.6% of the Forest View population
- 0.0% of houses and apartments in Forest View, 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.