Forest City, IA Home Values & Market Trends

Real estate market trends reflect that there have been 26 transactions over the past year in Forest City. The median value for residential home transactions that occurred over the previous year is $162,004. The number of current listings in Forest City is 18, and the percentage of properties for sale in the city is 18.00%. Forest City, IA currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 18 properties for sale.

Forest City, IA Real Estate Market Overview

ZipMedian Est. Value
50436

$ 181,307

$ 125/sqft

Housing Market Summary for Forest City, IA

Mar 2023February 2024Change
Median Listing Price$162.9K$141.6K-13.12%
Median Sold Price$127.5K$141.6K11.04%
Homes For Sale1611-31.25%
Homes Sold16176.25%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Forest City, IA

Forest City home values range from $22,494 to $1,897,480. The median estimated value of a home in Forest City is $162,004. The median list price of a home is 179,950, and the total count of properties in the city is 1,913.

Foreclosure
There is 1 zips within Forest City, IA; within this zips, the median estimated home value for homes in foreclosure ranges from $186,405 in 50436 to the lowest value of $127,512 in 50436. Foreclosure homes account for 0.00% of properties in Forest City, IA with 50436 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Forest City, IA with 50436 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest City, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $178,842 in 50436 to the lowest home value of $178,842 in 50436.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Forest City, IA ranges from the highest value of $186,405 in 50436 to the lowest value of $186,405 in 50436. Bank owned homes and properties account for 0.05% of properties in Forest City, IA. There is 1 zips within Forest City, IA; 50436 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    50436 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Forest City, IA. Auction homes and other auction properties account for 0.05% of all properties in Forest City, IA. There is 1 zips within Forest City, IA; of that zips, the median estimated home value for homes going to auction ranges from $127,512 in 50436 to the lowest value of $127,512 in 50436.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.94% of residential properties in Forest City, IA with 50436 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Forest City, IA; homes for sale in that zips, have a range of median values from $418,686 in 50436 to the lowest value of $86,695 in 50436.
    Sold Homes
    The median value for recently sold homes ranges from $292,695 in 50436 to the lowest price of $35,399 in 50436. There is 1 zips within Forest City, IA. 50436 has 15 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.78% of properties in Forest City, IA.

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      Guide for Forest City, IA

      Foreclosure
      Iowa Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      Iowa Foreclosure Laws
      Foreclosure|posted 6 June 2013

      Iowa Foreclosure Laws

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Forest City, IA

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