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Is Forest City, IL 61532 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Forest City is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list—Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market—Listing to accepted offer
Median price per sq ft—

Run the numbers for 61532

Prefilled for 61532Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61532Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bath 62617 — /sq ftEaston 62633 $54 /sq ftHavana 62644Balanced $82 /sq ftMason City 62664Seller’s market $95 /sq ft Browse all markets →

More tools for 61532

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology