Forsyth, IL Foreclosures
How much do homes sell for in Forsyth, IL?
The average home price is currently $380,704.
In Forsyth, IL, how many homes are available?
There are currently 5 active home listings available in Forsyth.
What’s the average rental cost in Forsyth, IL?
The average rental price in Forsyth is $1,679.
What is the most expensive home in Forsyth?
The most expensive home sold in Forsyth had a price of $18,439,570.
What is currently the cheapest priced home in Forsyth, IL?
The cheapest home for sale in Forsyth is priced at $17,608.
Living in Forsyth, IL
Forsyth is a family-friendly town located just north of Decatur, Illinois. It offers a suburban feel with a variety of parks, schools, and shopping options, making it an ideal place for families and retirees alike. The community is known for its friendly atmosphere and well-maintained neighborhoods.
Current Market Conditions in Forsyth, IL
The real estate market in Forsyth remains competitive, with home prices steadily increasing over the past year. Despite some fluctuations, the demand for homes has continued to rise, with many buyers attracted to the locality's family-friendly nature and good schools. This has led to shorter days on the market for listings, indicating a strong buyer interest, particularly among families seeking quality housing.
More recently, several new developments have emerged to accommodate the growing population, leading to a slight increase in available inventory. However, homes often sell quickly due to the town's desirable attributes.
Home Value Estimator For Forsyth, IL
There are currently 1,394 real estate properties
in Forsyth, IL,
with a median automated valuation model (AVM) price
of $336,506.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forsyth, 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 Forsyth, IL,
is $380,704.00, with the most expensive house
in Forsyth, IL, topping out
at $18,439,570.00 and the cheapest home
in Forsyth, IL,
clocking in at $17,608.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forsyth, IL!
Rent Prices
In Forsyth, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forsyth, IL, is on
a rollercoaster ride. The
average rent price in Forsyth, IL,
is $1,679.00. Indeed, when looking to rent in
Forsyth, IL, you can expect to pay as little
as $790.00 or as much
as $2,300.00,
with the average rent median estimated to
be $1,720.00. The good news is that finding
an affordable and desirable property to rent in Forsyth, 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.
Learn more on Foreclosure homes
