Forrest, IL—61769
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Forrest, IL
Home Price Trends — Forrest, IL
As of Oct '25, the median home price in Forrest, IL is $132,000, with a year-over-year change of 12.7%. This indicates that home prices in Forrest, IL are increasing. According to Zillow, the 1-year price projection is 5.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | 12.7% |
| Single Family | $132,000 | 14.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $140,000 | 15.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Forrest, IL
Forrest, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $550 | $550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $550 | $550 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Forrest, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Forrest, IL is 112. This is a increase of 170.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | 354.0% |
Listing Count | 1 | 200.0% |
| Listings as % of Homes | 0.0% | 200.0% |
Days on Market | 112 | 170.0% |
Demographics — Forrest, IL
As of the latest ACS Survey released in 2023, Forrest, IL has a population of 629, which has increased by 1.3% over the past 5 years. Forrest, IL is a popular place for families, as children make up 26.6% of the population. The area has a poorly educated workforce, with 21.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 629 | 1.3% |
% Under 18 | 26.6% | -1.1% |
% Seniors | 21.0% | 72.1% |
% WFH | 5.8% | -46.8% |
% w/ College Degree | 21.1% | 115.3% |
As of the latest ACS Survey released in 2023, Forrest, IL is a predominantly white area, with 95.9% of the population identifying as white. The white population has grown by 14.6% in the last 5 years. The second most common race or ethnicity in Forrest, IL is hispanic, making up 2.7% of the population. Foreign-born residents account for 0.5% of the population in Forrest, IL, and this percentage has decreased by 91.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.9% | 14.6% |
% Black | 1.3% | ∞% |
% Hispanic | 2.7% | -67.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -91.4% |
Mortgage and Risk — Forrest, IL
Forrest, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Forrest, IL
Forrest, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $830 |
| 2 Bedroom | N/A | N/A | $1,080 |
| 3 Bedroom | $830 | $550 | $1,380 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Forrest, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.6 |
| Median Home Price | $132,000 |
| Median Household Income | $62,300 |