Forest City, MO has an impressive housing market with a median value of $84,500. This is considerably lower than the US house median value of $338,100. Despite this difference, the US 1 year house appreciation rate of 8.27% is trumped by Forest City's 11.42% rate. This is an indication that Forest City enjoys a booming housing market and those looking to purchase property in the area are likely to see returns on their investment sooner rather than later.
The median home cost in Forest City is $84,500. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Forest City is up 11.0%.
Average Age of Homes
- The median age of Forest City real estate is 56 years old
The Rental Market in Forest City
- Renters make up 22.6% 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.