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McLean County Times

Saturday, November 16, 2024

Forrest home prices fell in July 2018

Realestate2

The median sale price of a home sold in July 2018 in Forrest fell by $33,750 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In July 2018, there were two homes sold, with a median sale price of $77,000 - a 30.5% decrease over the $110,750 median sale price for the same period of the previous year. There were two homes sold in Forrest in July 2017, as well.

The median sales tax in Forrest for 2018 was $2,230. In 2017, the median sales tax was $2,110. This marks an increase of 5.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.9%.

The following table compares Forrest to other Livingston County cities in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Dwight8714.3%$129,500$52,000149%
Cornell10-$85,000$0-
Forrest220%$77,000$110,750-30.5%
Pontiac221457.1%$60,950$79,500-23.3%
Flanagan330%$55,000$94,000-41.5%
Fairbury440%$49,950$99,750-49.9%
Odell41300%$20,750$16,00029.7%
Saunemin01-100%$0$115,000-100%
Chatsworth01-100%$0$4,000-100%
Streator01-100%$0$16,000-100%
Cullom00-$0$0-

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