Quantcast

McLean County Times

Wednesday, April 23, 2025

Forrest home prices fell in the second quarter of 2020

Webp re 13

The median sale price of a home sold in the second quarter of 2020 in Forrest fell by $15,500 while total sales increased by 20%, according to BlockShopper.com.

From April through June of 2020, there were six homes sold, with a median sale price of $80,500 - a 16.1% decrease over the $96,000 median sale price for the same period of the previous year. There were five homes sold in Forrest in the second quarter of 2019.

The median sales tax in Forrest for the most recent year with available data, 2019, was $2,404, approximately 3% of the median home sale price for the second quarter of 2020.

The following table compares Forrest to other Livingston County cities in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Cornell5366.7%$185,000$68,000172.1%
Dwight14137.7%$114,250$130,000-12.1%
Pontiac4255-23.6%$93,500$78,50019.1%
Saunemin13-66.7%$87,500$62,50040%
Forrest6520%$80,500$96,000-16.1%
Fairbury1112-8.3%$80,000$132,500-39.6%
Flanagan8560%$67,500$105,000-35.7%
Odell46-33.3%$45,250$76,500-40.8%
Cullom220%$21,500$104,950-79.5%
Chatsworth110%$20,000$20,0000%
Streator21100%$15,000$46,000-67.4%

MORE NEWS