Zip 61532 (Forest City, IL) Housing

The housing market in 61532 Forest City, IL is currently strong and growing steadily. The median value of housing in the area is $105,100, which is significantly lower than the US median value of $338,100. Despite this difference, the 1 year house appreciation rate in 61532 Forest City is 7.36%, slightly lower than the national average of 8.27%. This steady growth in house values makes 61532 Forest City an attractive place to purchase a home for potential buyers looking for a good return on their investment.

The median home cost in Forest City (zip 61532) is $105,100. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Forest City (zip 61532) is up 7.3%.

Average Age of Homes

- The median age of Forest City (zip 61532) real estate is 52 years old

The Rental Market in Forest City (zip 61532)

- Renters make up 5.4% of the Forest City (zip 61532) population
- 0.0% of houses and apartments in Forest City (zip 61532), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Forest City, Illinois	United States
	229.0	139,647,020.0
	57	42
	$105,100	$338,100
	7.3%	16.6%
	22.9%	57.0%
	26.6%	101.1%
	$22.31	$10.98
	$2,011	$2,690
	67.2%	57.4%
	10.9%	11.2%
	21.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	10.9%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	6.5%	2.6%
	16.2%	2.4%
	16.2%	2.8%
	4.5%	3.9%
	20.8%	4.5%
	14.3%	11.3%
	11.0%	13.0%
	1.9%	20.1%
	8.4%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	17.5%	13.6%
	17.5%	13.6%
	6.6%	13.6%
	0.0%	13.2%
	21.8%	14.8%
	6.6%	13.6%
	28.8%	10.0%
	2.6%	4.7%
	15.7%	12.2%

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