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FORREST, IL 61741

Real Estate Market Report  ·  Livingston County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
vs 3 last year
Pending
1
33% pending ratio
Median Price
$130,000
⇩ 8.7% vs $142,400 last year
Average Price
$127,800
⇩ 10.3% vs $142,400 last year
Days on Market
28
⇩ 76.7% vs 120 days last year

Market Context

Population: 1,635  ·  Density: 11.9/mi²  ·  Median household income: $84,688

Typical home value: $150,651  ·  Homeownership: 81.5%

Market Analysis

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

The FORREST, IL real estate market (61741) currently shows 3 active listings, with 1 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 28 days on market compared to 120 days last year.

The median listing price has fallen 8.7% year-over-year, from $142,400 to $130,000.

Whether you are buying or selling in FORREST, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 28 now vs 120 last year

Median & Average Pricing

Year over Year
  • Median: $130,000 (-8.7% YoY)
  • Average: $127,800 (-10.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 39 listings ($7,466,156 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
61741Forrest, IL 617410.0 mi3$383,400$130,000$127,800
61739Fairbury, IL 617396.5 mi6$1,972,350$165,000$328,725
61769Saunemin, IL 617698.3 mi1$83,750$83,750$83,750
61731Cropsey, IL 6173111.1 mi1$310,000$310,000$310,000
61773Sibley, IL 6177313.1 mi1$174,450$174,450$174,450
60962Roberts, IL 6096214.8 mi4$319,800$79,950$79,950
60952Melvin, IL 6095215.7 mi4$516,532$113,500$129,133
60968Thawville, IL 6096815.8 mi1$50,000$50,000$50,000
60919Cabery, IL 6091917.8 mi2$290,000$145,000$145,000
60936Gibson City, IL 6093620.6 mi9$2,002,374$259,000$222,486
60933Elliott, IL 6093321.6 mi1$97,500$97,500$97,500
61753Lexington, IL 6175322.1 mi2$840,000$420,000$420,000
60918Buckley, IL 6091822.5 mi4$426,000$110,000$106,500

Frequently Asked Questions

How many homes are for sale in FORREST, IL 61741?

As of January 2026, there are 3 active listings in FORREST, IL (zip code 61741), compared to 3 the prior year.

What is the median home price in FORREST, IL 61741?

The median listing price in FORREST, IL 61741 is $130,000 as of January 2026, a 8.7% decrease from $142,400 the prior year.

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

Homes in FORREST, IL 61741 spend an average of 28 days on the market before going under contract, compared to 120 days the prior year.

Is it a seller's or buyer's market in FORREST, IL 61741?

Based on current inventory and days-on-market data as of January 2026, FORREST, IL 61741 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 28 days on market compared to 120 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FORREST, IL 61741 save an estimated $2,600 compared to a typical 5% commission on the median listing price of $130,000. 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.