Forsyth, IL 62535 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Forsyth, IL—62535

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$305,000

6.7% YoY Growth

Household Income

$113,000

31.5% YoY Growth

Days on Market

50.0% Shorter YoY

Home Price Forecast

1.8%

Median Rent

$3,250

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Forsyth, IL

As of Dec '25, the median home price in Forsyth, IL is $305,000, with a year-over-year change of 6.7%. This indicates that home prices in Forsyth, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$305,000	6.7%
Single Family	$307,000	7.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Forsyth, IL

Forsyth, IL lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$3,250	$3,250
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	$3,250	$3,250

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% of Rental Stock

Studio

24.3%

1 Bedroom

10.7%

2 Bedrooms

42.7%

3 Bedrooms

5.8%

4 Bedrooms

16.5%

Property Listings — Forsyth, IL

As of Dec '25, Realtor.com reports that the median days on market for a home in Forsyth, IL is 27. This is a decrease of -45.0% from last year, suggesting that homes are sitting on the market shorter 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	$310,000	-12.0%
Listing Count	4	-73.0%
Listings as % of Homes	0.2%	-73.0%
Days on Market	26	-50.0%

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Demographics — Forsyth, IL

As of the latest ACS Survey released in 2023, Forsyth, IL has a population of 3,660, which has increased by 21.7% over the past 5 years. Forsyth, IL is a popular place for families, as children make up 27.7% of the population. The area has a highly educated workforce, with 58.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,660	21.7%
% Under 18	27.7%	19.4%
% Seniors	21.2%	-7.4%
% WFH	6.6%	65.0%
% w/ College Degree	58.7%	19.8%

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As of the latest ACS Survey released in 2023, Forsyth, IL is a predominantly white area, with 86.5% of the population identifying as white. The white population has grown by 4.2% in the last 5 years. The second most common race or ethnicity in Forsyth, IL is asian, making up 4.0% of the population. Foreign-born residents account for 6.5% of the population in Forsyth, IL, and this percentage has decreased by 36.9% 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	86.5%	4.2%
% Black	0.9%	-25.0%
% Hispanic	2.5%	-13.8%
% Asian	4.0%	-62.3%
% Foreign Born	6.5%	-36.9%

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Mortgage and Risk — Forsyth, IL

According to HUD data as of 2023, there were 54 mortgage originations in Forsyth, IL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Forsyth, IL. Investor activity is low, as 7.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	54
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	7.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Forsyth, IL

Forsyth, 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	$1,040
2 Bedroom	N/A	N/A	$1,270
3 Bedroom	N/A	N/A	$1,730
4 Bedroom	-$1,360	$3,250	$1,890

Forsyth, IL—62535

Key Metrics at a Glance

Home Price Trends — Forsyth, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forsyth, IL

% of Rental Stock

Property Listings — Forsyth, IL

Demographics — Forsyth, IL

Race and Ethnicity

Mortgage and Risk — Forsyth, IL

Mortgages

Rentals and Section 8 — Forsyth, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Forsyth, IL

Home Price to Income Ratio

Forsyth, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Decatur, IL

Decatur, IL

Oreana, IL

Maroa, IL

Warrensburg, IL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$305,000
Median Household Income	$113,000

Forsyth, IL—62535

Key Metrics at a Glance

Home Price Trends — Forsyth, IL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Forsyth, IL

% of Rental Stock

Property Listings — Forsyth, IL

Demographics — Forsyth, IL

Race and Ethnicity

Mortgage and Risk — Forsyth, IL

Mortgages

Rentals and Section 8 — Forsyth, IL

Section 8 Market Size

Section 8 Opportunity

Affordability — Forsyth, IL

Home Price to Income Ratio

Forsyth, IL — ZIP Code Boundary Map

Nearby ZIP Codes

Decatur, IL

Decatur, IL

Oreana, IL

Maroa, IL

Warrensburg, IL

Frequently Asked Questions

What is the average home price in Forsyth, IL 62535?

How have home prices in Forsyth, IL 62535 changed over the past year?

What is the home price projection for Forsyth, IL 62535?

What are the demographics of Forsyth, IL 62535?

How long does it take homes to sell in Forsyth, IL 62535?

What is the average rent price in Forsyth, IL 62535?