Forrest, IL Real Estate
According to census data in the year 2000 there were 504 housing units in Forrest.
This represents a 9.8% growth from 459 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 504 were located in what is classified as a rural area.
Homeownership rate in Forrest is about 73.8%.
Forrest's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.61 people.
The majority of houses, apartments or condos in Forrest were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 7.50% |
| Two Bedrooms | 36.10% |
| Three Bedrooms | 41.10% |
| Four Bedrooms | 10.70% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $71,600 |
| Median Price asked for vacant units | $19,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 52% |
| Debt Free | 38.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14% |
