Forrest, IL Foreclosures
How much do homes sell for in Forrest, IL?
The average home price is currently $173,738.
In Forrest, IL, how many homes are available?
There are currently 65 active home listings available in Forrest.
What’s the average rental cost in Forrest, IL?
The average rental price in Forrest is $1,137.
What is the most expensive home in Forrest?
The most expensive home sold in Forrest had a price of $994,664.
What is currently the cheapest priced home in Forrest, IL?
The cheapest home for sale in Forrest is priced at $21,437.
Living in Forrest, IL
Forrest, Illinois is a quaint village located in the northern part of the state. It offers a tight-knit community atmosphere and a slower pace of life, making it an ideal place for families and retirees. The village is backed by beautiful natural landscapes and is conveniently close to various amenities and major roadways.
Current Market Conditions in Forrest, IL
The real estate market in Forrest shows stability with moderate growth, as the area attracts families and individuals seeking a quieter lifestyle. Homes tend to have a range of prices depending on size and location, with many properties being affordable compared to urban centers.
Recent interest has been piqued by new developments aimed at upgrading the housing stock, making it appealing to first-time buyers. Furthermore, the average days on market has decreased, indicating a competitive environment among listings.
Home Value Estimator For Forrest, IL
There are currently 605 real estate properties
in Forrest, IL,
with a median automated valuation model (AVM) price
of $146,794.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forrest, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Forrest, IL,
is $173,738.00, with the most expensive house
in Forrest, IL, topping out
at $994,664.00 and the cheapest home
in Forrest, IL,
clocking in at $21,437.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forrest, IL!
Rent Prices
In Forrest, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forrest, IL, is on
a rollercoaster ride. The
average rent price in Forrest, IL,
is $1,137.00. Indeed, when looking to rent in
Forrest, IL, you can expect to pay as little
as $650.00 or as much
as $2,070.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Forrest, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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