The housing market in Forsyth, IL is thriving. The median value of housing in the small town is $248,700 compared to the US House Median Value of $338,100. This difference indicates that housing prices in Forsyth are more affordable than the national average. Moreover, when compared to the US 1 year House Appreciation rate of 8.27%, Forsyth's rate of 10.25% shows a higher appreciation rate for housing values than the country as a whole. This could indicate that now is a great time to invest in property in Forsyth, IL as it seems to be an advantageous area for potential home buyers and investors alike.
The median home cost in Forsyth is $248,700. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Forsyth is up 11.6%.
Average Age of Homes
- The median age of Forsyth real estate is 25 years old
The Rental Market in Forsyth
- Renters make up 8.2% of the Forsyth population
- 0.0% of houses and apartments in Forsyth, 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.