Forrest, IL housing market
The median sale price was $95,000 in April 2026.
Home values, sales, trends and how Forrest compares with the towns next door — updated as new data is published.
Forrest at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Forrest in 2025: 1 single-family house and 2 in buildings with two or more homes. Over the past 10 years, Forrest has permitted 4 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Forrest's population fell by 179 even though 6 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 5 | 1 | 4 | $1.1 million |
| 2025 | 3 | 1 | 2 | $716,000 |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 3 | 3 | 0 | $518,000 |
| 2012 | 3 | 3 | 0 | $518,000 |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 7 | 1 | 6 | $753,000 |
| 2006 | 2 | 2 | 0 | $298,000 |
| 2005 | 1 | 1 | 0 | $130,000 |
| 2004 | 1 | 1 | 0 | $130,000 |
| 2003 | 2 | 2 | 0 | $224,000 |
| 2002 | 2 | 2 | 0 | $224,000 |
| 2001 | 2 | 2 | 0 | $224,000 |
| 2000 | 1 | 1 | 0 | $108,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $920
HUD's Fair Market Rent for a two-bedroom in Forrest is $920 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Forrest pay a median of $730, so moving in tends to cost more than staying put.
Studio $630 · 4 bedrooms $1,210
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61741; Livingston County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Forrest
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.