The housing market in Forrest, IL is strong and growing. The median home value is currently $132,300, which is significantly lower than the US median of $338,100. However, Forrest homes have experienced a 14.21% appreciation rate over the past year - much higher than the 8.27% national average. This indicates a healthy and stable housing market in Forrest that has seen strong returns on investment for homeowners in recent years.
The median home cost in Forrest is $132,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Forrest is up 16.3%.
Average Age of Homes
- The median age of Forrest real estate is 63 years old
The Rental Market in Forrest
- Renters make up 25.9% of the Forrest population
- 0.0% of houses and apartments in Forrest, 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.