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McLean County Times

Friday, April 4, 2025

The first quarter of 2017: Home prices in Forrest unchanged

Webp realestate077

The median sale price of a home sold in the first quarter of 2017 in Forrest was unchanged while total sales decreased by 40%, according to BlockShopper.com.

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:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Forrest35-40%$105,000$105,0000%
Pontiac29283.6%$87,500$73,75018.6%
Dwight14955.6%$82,750$88,000-6%
Cullom220%$67,500$51,50031.1%
Flanagan6520%$54,500$54,900-0.7%
Fairbury770%$50,000$69,000-27.5%
Odell6450%$37,305$58,250-36%
Chatsworth20-$20,600$0-
Saunemin10-$10,000$0-
Streator00-$0$0-
Cornell05-100%$0$20,000-100%

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