Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 3 |
Acreage buckets
The median price for land in Forest City, Illinois is currently $23K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $57K while premium lots reached $91K.
There are currently 2 active listings in Forest City, Illinois. The median asking price is $30K.
Land in Forest City, Illinois typically sells within 83 days of listing. The median time on market is 89 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Forest City, Illinois stands at $65K. This translates to roughly $23K per acre for the typical parcel size. The average price is $73K, indicating some higher-priced properties pulling up the average.
Land in Forest City, Illinois averages $175K per acre. The median price per acre is $23K, which may be more representative of typical transactions. Most parcels sold are around 2.4 acres.
The top-performing broker in this market is Adam Merrick Real Estate.
The 12-month rate is 12.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
