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 67 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, IL is a small, peaceful community known for its friendly atmosphere and local amenities. The area offers spacious parks and easy access to nature trails, making it great for outdoor activities. With nearby educational institutions and convenient transport options, Forrest combines rural charm with accessibility.
Current Market Conditions in Forrest, IL
The current real estate market in Forrest has shown steady growth, indicating a healthy demand for homes in the area. The availability of affordable housing options appeals to first-time buyers and families looking for a quieter lifestyle away from the hustle and bustle of larger cities.
Moreover, the increasing interest from buyers seeking suburban residences has resulted in competitive pricing, with homes seeing an appreciation in value over the past year. The low inventory of homes available for sale continues to fuel this demand, suggesting a robust seller’s market.
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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