Home prices
The median home in Forest City is valued at $61,700. This is approximately $14,980 (19%) lower compared to other places in this area.In comparison to the nation as a whole it is about $155,800 (71%) lower, and compared to the city of Peoria it is about $64,000 (50%) lower.
Rents
The median monthly rent in Forest City is $713. In comparison to its surrounding areas this is about $32 (4%) higher.Compared to the rest of the nation it is about $349 (32%) lower, and is about $93 (11%) lower compared to the city of Peoria.
Nearby places
Manito
Manito is about 3 miles northeast from Forest City. The real estate prices there are significantly more expensive. The price of the median home in Manito is $96,800, which comes out to $35,100 (36%) higher than Forest City. Rents there are similar. In Manito the median monthly rent is $703, which works out to $10 (1%) lower than Forest City.
Liverpool
Liverpool is approximately 7 miles west from Forest City. Its housing prices are a little less expensive. The median home in Liverpool costs $54,200, which is $7,500 (13%) lower than Forest City. Its rents are a bit less expensive. Liverpool's median rent is $595 a month, which is $118 (19%) lower than Forest City.
Green Valley
Green Valley is approximately 8 miles east from Forest City. Real estate prices there are substantially more expensive. Green Valley's median home cost is $98,400, which is $36,700 (37%) higher than Forest City. Rent there is similar. Green Valley's median monthly rent is $730, which works out to $17 (2%) higher than Forest City.
Easton
Easton is about 9 miles south from Forest City. The housing prices there are a bit more expensive. The price of the median home in Easton is $66,500, which works out to $4,800 (7%) higher than Forest City. Rent there is fairly similar. Easton's median rent is $750 per month, which is $37 (4%) higher than Forest City.
Banner
Banner is approximately 10 miles north from Forest City. Its real estate prices are a little more expensive. The median home in Banner is valued at $67,500, which comes out to $5,800 (8%) higher than Forest City. Rent there is somewhat less expensive. In Banner the median monthly rent is $625, which comes out to $88 (14%) lower than Forest City.
