Forrest, Illinois, a small village in Livingston County, embodies the charm of rural Midwestern life with a population of 1,041 as of the 2020 census. Founded in 1866 by Israel J. Krack and named after a business partner of the Toledo, Peoria and Western Railroad, Forrest grew as a key railroad hub, particularly after the Wabash Railroad arrived in 1880. Its rich agricultural heritage and tight-knit community atmosphere define the village, which features historic buildings, quiet streets, and local businesses like Emancipation Brewing Co. Despite challenges like fires in the late 19th century, Forrest rebuilt rapidly, showcasing resilience. Today, it offers a serene escape with parks for picnics and outdoor activities, reflecting the simplicity and warmth of small-town America.
Forrest currently has 3 single family homes for sale with an average list price of $236,166.67 and 1 lot for sale with a list price of $10,000. The average annual property tax for Forrest is $2,433.62.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Forrest, i.e. what's hot and what's not.
See What's Hot & What's Not in ForrestForrest home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same.
18
|
11
|
19
|
7
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$114,000
|
$150,000
|
$125,000
|
$108,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |