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Foreclosure Homes in Forrest, IL

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Forrest, IL Foreclosures

How much do homes sell for in Forrest, IL?
The average home price is currently $179,806.
In Forrest, IL, how many homes are available?
There are currently 61 active home listings available in Forrest.
What’s the average rental cost in Forrest, IL?
The average rental price in Forrest is $1,138.
What is the most expensive home in Forrest?
The most expensive home sold in Forrest had a price of $1,001,933.
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 charming village known for its close-knit community and picturesque surroundings. With numerous parks and educational institutions, it offers a great quality of life for families and retirees. Residents enjoy local services, a peaceful environment, and family-friendly events throughout the year.

Current Market Conditions in Forrest, IL

The real estate market in Forrest is presently stable, with a moderate supply of homes available. Buyers find competitive pricing in comparison to larger nearby cities, making this area appealing for new homeowners and investors. Homes tend to sell within a reasonable timeframe, indicating a healthy market.

The demand for homes in Forrest has seen a gradual increase, with many seeking to escape urban life for a tranquil, rural setting. Young families and retirees are particularly drawn to the area due to its community feel and accessibility to amenities.

Home Value Estimator For Forrest, IL

There are currently 661 real estate properties in Forrest, IL, with a median automated valuation model (AVM) price of $154,852.00. 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 $179,806.00, with the most expensive house in Forrest, IL, topping out at $1,001,933.00 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 $1,138.00. 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.

Forrest, IL Foreclosures


Market Trend for Forrest, IL

Total Listings Available: 61

Market Values:

Home Prices from $21,437 to $1,001,933

Average Sales Price: $179,806

Rental Values:

Rental from $650 to $2,070

Average Rent Value: $1,138 / month

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