Forrest, IL Home Values & Market Trends
Real estate market trends reflect that there have been 27 transactions over the past year in Forrest. The median value for residential home transactions that occurred over the previous year is $122,802.1. The number of current listings in Forrest is 0, and the percentage of properties for sale in the city is 0.00%. Forrest, IL currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.
Forrest, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
61741 | $ -- $ -- |
Housing Market Summary for Forrest, IL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $0 | $114.3K | - |
Median Sold Price | $139K | $114.3K | -17.77% |
Homes For Sale | 0 | 0 | - |
Homes Sold | 24 | 14 | -41.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forrest, IL
Browse Homes in Forrest, IL
Forrest home values range from $19,650 to $614,071. The median estimated value of a home in Forrest is $122,802.1. The median list price of a home is 0, and the total count of properties in the city is 527.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in Forrest, IL with 61741 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forrest, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $108,412 in 61741 to the lowest home value of $108,412 in 61741.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forrest, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forrest, IL. There is 1 zips within Forrest, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Forrest, IL. Auction homes and other auction properties account for 0% of all properties in Forrest, IL. There is 1 zips within Forrest, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Forrest, IL
Guide for Forrest, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.
Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?