Forest City, IL Home Values & Market Trends
Real estate market trends reflect that there have been 11 transactions over the past year in Forest City. The median value for residential home transactions that occurred over the previous year is $41,803. The number of current listings in Forest City is 0, and the percentage of properties for sale in the city is 0.00%. Forest City, IL currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.
Forest City, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 61532 | $ -- $ -- |
Housing Market Summary for Forest City, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $23,285 | - |
| Median Sold Price | $60,000 | $23,285 | -61.19% |
| Homes For Sale | 0 | 0 | - |
| Homes Sold | 5 | 4 | -20.00% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forest City, IL
Browse Homes in Forest City, IL
Forest City home values range from $6,498 to $270,768. The median estimated value of a home in Forest City is $41,803. The median list price of a home is 0, and the total count of properties in the city is 207.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Forest City, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest City, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forest City, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forest City, IL. There is 1 zips within Forest City, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Forest City, IL. Auction homes and other auction properties account for 0% of all properties in Forest City, IL. There is 1 zips within Forest City, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Compare Nearby Cities
More Real Estate Resources for Forest City, IL
Guide for Forest City, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.
An examination of the real estate market in Anchorage, Alaska, comparing property values, sales trends, and foreclosure rates with nearby cities to provide a comprehensive understanding of regional market trends.