The housing market in 62535 Forsyth, IL is quite robust. The median value of a home in the area is $266,800, which is lower than the national median of $338,100. However, the appreciation rate for homes in Forsyth is nearly two percent higher than the national average at 10.25%. This means that homeowners in Forsyth are likely to experience significant gains on their investments if they choose to sell their homes. Although the median price of homes is lower than national averages, it still shows that there is strong demand in this area and that it’s a great place to live.
The median home cost in Forsyth (zip 62535) is $266,800. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Forsyth (zip 62535) is up 11.6%.
Average Age of Homes
- The median age of Forsyth (zip 62535) real estate is 26 years old
The Rental Market in Forsyth (zip 62535)
- Renters make up 8.1% of the Forsyth (zip 62535) population
- 0.0% of houses and apartments in Forsyth (zip 62535), 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.