From January through March of 2017, there were three homes sold, with a median sale price of $105,000. There were five homes sold in Forrest in the first quarter of 2016, and the median sales price for the period was also $105,000.
The median sales tax in Forrest for 2017 was $2,110. In 2016, the median sales tax was $2,077. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2%.
The following table compares Forrest to other Livingston County cities in the first quarter of 2017:
City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Forrest | 3 | 5 | -40% | $105,000 | $105,000 | 0% |
Pontiac | 29 | 28 | 3.6% | $87,500 | $73,750 | 18.6% |
Dwight | 14 | 9 | 55.6% | $82,750 | $88,000 | -6% |
Cullom | 2 | 2 | 0% | $67,500 | $51,500 | 31.1% |
Flanagan | 6 | 5 | 20% | $54,500 | $54,900 | -0.7% |
Fairbury | 7 | 7 | 0% | $50,000 | $69,000 | -27.5% |
Odell | 6 | 4 | 50% | $37,305 | $58,250 | -36% |
Chatsworth | 2 | 0 | - | $20,600 | $0 | - |
Saunemin | 1 | 0 | - | $10,000 | $0 | - |
Streator | 0 | 0 | - | $0 | $0 | - |
Cornell | 0 | 5 | -100% | $0 | $20,000 | -100% |