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Foreclosure Homes in Forrest, IL 61741

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Forrest, IL Foreclosures

How much do homes sell for in Forrest, IL?
The average home price is currently $171,333.
In Forrest, IL, how many homes are available?
There are currently 1 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 $1,003,380.
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, IL, is a quaint village known for its friendly community atmosphere and beautiful natural surroundings. With numerous parks and recreational activities available, it's an ideal place for families and outdoor enthusiasts alike. The village combines small-town charm with essential amenities, making it a perfect place for both relaxation and adventure.

Current Market Conditions in Forrest, IL

The real estate market in Forrest, IL, has shown steady growth over the past few years, with an increasing number of families and retirees moving to the area. The housing market remains competitive, with a limited inventory of homes often leading to quicker sales and potential bidding wars. This trend suggests that Forrest is becoming a sought-after location for homebuyers seeking a peaceful environment that still offers access to urban conveniences.

Home Value Estimator For Forrest, IL

There are currently 601 real estate properties in Forrest, IL, with a median automated valuation model (AVM) price of $144,252.00. 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 $171,333.00, with the most expensive house in Forrest, IL, topping out at $1,003,380.00 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.

Forrest, IL 61741 Foreclosures


Market Trend for Forrest, IL

Total Listings Available: 1

Market Values:

Home Prices from $21,437 to $1,003,380

Average Sales Price: $171,333

Rental Values:

Rental from $650 to $2,070

Average Rent Value: $1,137 / month

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