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Saturday, November 23, 2024

Pricing for the median home in Forrest decreased during April 2018

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The median sale price of a home sold in April 2018 in Forrest fell by $61,250 while total sales increased by 50%, according to BlockShopper.com.

In April 2018, there were three homes sold, with a median sale price of $100,000 - a 38% decrease over the $161,250 median sale price for the same period of the previous year. There were two homes sold in Forrest in April 2017.

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 2.2%.

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

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Flanagan34-25%$110,000$39,900.50175.7%
Forrest3250%$100,000$161,250-38%
Pontiac20195.3%$90,000$87,0003.4%
Fairbury52150%$82,500$126,750-34.9%
Dwight880%$63,250$75,000-15.7%
Cornell20-$48,500$0-
Saunemin01-100%$0$14,929-100%
Odell02-100%$0$81,250-100%
Chatsworth02-100%$0$21,000-100%
Streator00-$0$0-
Cullom00-$0$0-

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