Forrest, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$3K

Market Condition

Buyer's Market

Forrest, Illinois Market Meter

Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$3K

Avg Price/Acre

$11K

Avg Days on Market

150

Months of Supply

9.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	1	1	1	1	1
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	1	1	1	1	1

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres1 sold / 3 listed

Median Price by Acreage

$0$2K$3K

0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume

$3K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

150

Time to sell

Price Trend (YoY)

Year over year

Forrest, Illinois Land Market Analysis

How much is land worth in Forrest, Illinois?

The median price for land in Forrest, Illinois is currently $11K per acre. For a typical parcel, the median sale price is $3K. Recently, the cheapest land sold for $3K while premium lots reached $3K.

Is now a good time to buy land in Forrest, Illinois?

Forrest, Illinois is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Forrest, Illinois?

Forrest, Illinois currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the absorption rate for land in Forrest, Illinois?

The 3-month absorption rate in Forrest, Illinois is 11.1%. The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Forrest, Illinois?

The median land price in Forrest, Illinois stands at $3K. This translates to roughly $11K per acre for the typical parcel size.

How long does it take to sell land in Forrest, Illinois?

Land in Forrest, Illinois typically sells within 150 days of listing. The median time on market is 150 days. Properties are moving slowly in the current buyer's market.

What is the total amount sold in Forrest, Illinois last year?

Over the past 12 months, Forrest, Illinois saw 1 properties sold, totaling $3K in sales volume. In just the last 3 months, 1 properties changed hands.

Data Sources & Accuracy

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.