The housing market in 61741 Forrest, IL is doing well compared to the US average. According to the data available, the median value of housing in 61741 Forrest is $126,500 which is much lower than the US median value of $338,100. Additionally, while the US saw an 8.27% appreciation rate in house values over one year's time, 61741 Forrest experienced a staggering 14.21%. This shows a strong and positive trend for potential homeowners looking to invest in this area.
The median home cost in Forrest (zip 61741) is $126,500. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Forrest (zip 61741) is up 16.3%.
Average Age of Homes
- The median age of Forrest (zip 61741) real estate is 67 years old
The Rental Market in Forrest (zip 61741)
- Renters make up 22.6% of the Forrest (zip 61741) population
- 0.0% of houses and apartments in Forrest (zip 61741), 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.