Home prices
Forrest City's median home price is $65,100. It is roughly $16,540 (34%) higher compared to the surrounding areas.It is approximately $152,400 (70%) lower in comparison to the country as a whole, and compared to the city of Memphis it is roughly $36,700 (36%) lower.
Rents
In Forrest City the median rent is $631 per month. In comparison to its surrounding areas it is approximately $43 (6%) lower.It is roughly $431 (40%) lower compared to the United States as a whole, and is about $270 (29%) lower in comparison to the city of Memphis.
Nearby places
Caldwell
Caldwell is Forrest City's neighbor to the north. Its real estate prices are pretty similar. The median home in Caldwell is valued at $67,200, which comes out to $2,100 (3%) higher than Forrest City. Rents there are somewhat more expensive. The median monthly rent in Caldwell is $757, which comes out to $126 (16%) higher than Forrest City.
Madison
Madison is about 3 miles east of Forrest City. Its real estate prices are a lot less expensive. Madison's median home cost is $21,500, which is $43,600 (202%) lower than Forrest City. Its rents are a little more expensive. Madison's median monthly rent is $722, which works out to $91 (12%) higher than Forrest City.
Widener
Widener is approximately 5 miles east from Forrest City. The housing prices there are substantially less expensive. The median home in Widener is valued at $31,800, which is $33,300 (104%) lower than Forrest City. Rent there is a little less expensive. In Widener the median monthly rent is $495, which works out to $136 (27%) lower than Forrest City.
Palestine
Palestine is about 6 miles southwest of Forrest City. The housing prices there are fairly similar. The median home in Palestine costs $63,500, which works out to $1,600 (2%) lower than Forrest City. Rents there are similar. The median rent in Palestine is $633 per month, which is very similar to Forrest City.
Haynes
Haynes is roughly 8 miles south from Forrest City. Housing prices there are somewhat less expensive. Haynes's median home cost is $58,800, which is $6,300 (10%) lower than Forrest City. Rent there is a little more expensive. Haynes's median rent is $764 a month, which comes out to $133 (17%) higher than Forrest City.
