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Featured local agent — Forrest, IL
Sarah Mitchell
Compass Real Estate · Forrest, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forrest, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$95,000median sale price
How is the Forrest, IL housing market right now?
The median home sale price in Forrest, IL is $95,000, down 41.1% year-over-year. Homes sell in an average of 290 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Forrest a buyer's or seller's market?
Forrest, IL is currently a balanced market, based on 1.0 months of supply and homes selling in about 290 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
290
Average pace
Active listings
1
1.0 months supply
Sale-to-list
86.4%
Below asking
What does the Forrest housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $95,000 |
| Year-over-year price change | -41.1% |
| Average days on market | 290 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 86.4% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Forrest by property type?
How the Forrest, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $95,000 | $170/sq ft | 1 | 290 days |
Source: Redfin · Updated monthly
The Forrest housing market is currently classified as a balanced market with a median sale price of $95,000. Prices have fallen 41.1% compared to last year, with homes spending an average of 290 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.5x provides context for how home values compare to local earning capacity.
Homes for sale in Forrest
There are currently 1 homes listed for sale in Forrest, Illinois.
Active listings
1
Homes on market
Avg. days on market
290
Days until sale
Who lives in Forrest?
Population
1,008
Median income
$70,417/yr
Median age
32.6 years
Owner-occupied
79.8%
College grads
18.5%
Avg commute
30.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Forrest?
Zillow home value
$173,606
Price-to-income
2.5x
Source: Zillow Research
What is it like to live in Forrest?
Forrest is a community of approximately 1K residents with a median age of 32.6 years.The median household income is $70,417, which represents a working-class community with solid middle-income opportunities. 18.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Forrest offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Forrest?
2 schools tracked · 452 students
The largest public schools serving Forrest, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Prairie Central Jr High School
Grades 7-8 · 232 students
Prairie Central Upper Elementary
Grades 5-6 · 220 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Forrest, IL?
Want a head-to-head view? Compare Forrest side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Forrest?
The median home sale price in Forrest is $95,000, down 41.1% from last year.
How long do homes stay on market in Forrest?
Homes typically spend 290 days on market before going under contract.
What is the median income in Forrest?
The median household income is $70,417 per year.
Is Forrest a buyer's or seller's market?
With 1.0 months of supply, Forrest is currently a balanced market.
What is the Zillow home value estimate for Forrest?
The Zillow Home Value Index (ZHVI) for Forrest is $173,606, representing the typical home value in the area.
How much does a single-family home cost in Forrest?
The median single-family home price in Forrest, IL is $95,000 (about $170 per square foot).
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