Call or Text (240) SELL-123

FOREST CITY, IL 61532

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The FOREST CITY, IL real estate market (61532) currently shows 1 active listings. Homes are averaging 22 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 22 days on market compared to 46 days last year.

The median listing price has risen 483.2% year-over-year, from $89,999 to $524,900.

Whether you are buying or selling in FOREST CITY, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for FOREST CITY, IL 61532 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 410  ·  Density: 5.1/mi²  ·  Median household income: $55,521

Typical home value: $107,586  ·  Homeownership: 70.7%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$524,900
⇧ 483.2% vs $89,999 last year
Average Price
$524,900
⇧ 483.2% vs $89,999 last year
Days on Market
22
⇩ 52.2% vs 46 days last year

Price Per Square Foot

Median $/sqft
$194
⇧ 259.3% vs $54/sqft last year
Median Home Size
2,708 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 22 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $524,900 (+483.2% YoY)
  • Average: $524,900 (+483.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.8 miles — 217 listings ($39,886,128 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61532Forest City, IL 615320.0 mi1$524,900$524,900$524,900
61534Green Valley, IL 615348.8 mi1$239,900$239,900$239,900
62682San Jose, IL 626829.8 mi1$69,900$69,900$69,900
61564South Pekin, IL 6156413.0 mi3$182,850$60,950$60,950
61539Kingston Mines, IL 6153914.3 mi1$107,000$107,000$107,000
61563Saint David, IL 6156316.3 mi2$170,000$85,000$85,000
61554Pekin, IL 6155416.7 mi103$21,697,053$145,550$210,651
61520Canton, IL 6152017.5 mi73$8,720,580$96,800$119,460
62635Emden, IL 6263518.3 mi1$200,000$200,000$200,000
62642Greenview, IL 6264218.5 mi3$427,200$142,400$142,400
61568Tremont, IL 6156820.3 mi11$3,253,492$229,325$295,772
61535Groveland, IL 6153522.1 mi4$761,868$152,400$190,467
62675Petersburg, IL 6267522.8 mi13$3,531,385$304,950$271,645

Frequently Asked Questions

How many homes are for sale in FOREST CITY, IL 61532?

As of March 2026, there are 1 active listings in FOREST CITY, IL (zip code 61532), compared to 1 the prior year.

What is the median home price in FOREST CITY, IL 61532?

The median listing price in FOREST CITY, IL 61532 is $524,900 as of March 2026, a 483.2% increase from $89,999 the prior year.

How long do homes stay on the market in FOREST CITY, IL?

Homes in FOREST CITY, IL 61532 spend an average of 22 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in FOREST CITY, IL 61532?

Based on current inventory and days-on-market data as of March 2026, FOREST CITY, IL 61532 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 22 days on market compared to 46 days last year.

How much can I save on real estate commission in FOREST CITY, IL?

With SELL123.com's maximum 3% commission, sellers in FOREST CITY, IL 61532 save an estimated $10,498 compared to a typical 5% commission on the median listing price of $524,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.