Home prices
The median home price in Forest City is $103,100. Compared to the surrounding areas it is roughly $19,800 (16%) lower.Compared to the rest of the country it is about $114,400 (52%) lower, and in comparison to the city of Allentown is about $28,200 (21%) lower.
Rents
In Forest City the median rent is $641 per month. Compared to other places in this area it is about $75 (10%) lower.Compared to the US as a whole it is about $421 (39%) lower, and is roughly $363 (36%) lower in comparison to the city of Allentown.
Nearby places
Vandling
Vandling is Forest City's neighbor to the south. Housing prices there are a bit more expensive. Vandling's median home price is $119,100, which comes out to $16,000 (13%) higher than Forest City. Rent there is a bit more expensive. The median rent in Vandling is $750 per month, which is $109 (14%) higher than Forest City.
Simpson
Simpson is approximately 3 miles south of Forest City. Its housing prices are somewhat less expensive. The value of the median home in Simpson is $86,700, which is $16,400 (18%) lower than Forest City. Its rents are a bit more expensive. The median rent in Simpson is $752 a month, which comes out to $111 (14%) higher than Forest City.
Union Dale
Union Dale is about 4 miles north of Forest City. Its housing prices are substantially more expensive. The median home in Union Dale is valued at $172,100, which is $69,000 (40%) higher than Forest City. Rents there are pretty similar. In Union Dale the median monthly rent is $638, which is very similar to Forest City.
Waymart
Waymart is approximately 5 miles southeast of Forest City. The housing prices there are a bit more expensive. Waymart's median home price is $145,900, which comes out to $42,800 (29%) higher than Forest City. Rents there are a bit more expensive. Waymart's median monthly rent is $729, which comes out to $88 (12%) higher than Forest City.
Carbondale
Carbondale is approximately 5 miles south from Forest City. Housing prices there are somewhat less expensive. The cost of the median home in Carbondale is $90,700, which comes out to $12,400 (13%) lower than Forest City. Rent there is somewhat more expensive. The median rent in Carbondale is $711 per month, which is $70 (9%) higher than Forest City.