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Forrest, IL

Full City Profile · Illinois · Livingston County County

3.2 /5.0
B Good
1,008 Population 1,551/sq mi density
$70,417 Median Income $33,871 per capita
$104,000 Home Value $164,172 Zillow
$663 Median Rent 20.3% income on rent
52°F Avg Temperature 275 sunny days/yr
378 Violent Crime/100K 2,810 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$70,417 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$104,000 home value, $663/mo rent
F
Safety
1.0 / 5.0
378 violent crimes/100K
C
Education
2.5 / 5.0
18.5% bachelor's degree or higher

Housing Overview

Median Home Value
$104,000
63% below
US avg: $281,900
Median Rent
$663/mo
43% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
482
Median year built: 1959

Home Value by Source

Census Median
$104,000
Zillow (ZHVI)
$164,172
Median Sale Price
$120,000
Median List Price
$177,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.8%
Owner-Occupied
20.2%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $663/mo

Market Indicators (Redfin)

Median Days on Market
63 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$100
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
20.3%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
79.8%

Complete Housing Data

Home Values

Census Median Value$104,000
Zillow Home Value (ZHVI)$164,172
Median Sale Price$120,000
Median List Price$177,000
Price Per Sq Ft$100

Rent

Census Median Rent$663
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market63
Sale-to-List Ratio0.9%
Price Drops50.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$100

Ownership & Stock

Owner-Occupied79.8%
Renter-Occupied20.2%
Homeownership Rate79.8%
Total Housing Units482
Median Year Built1959
Rent Burden20.3%