In August 2019, there were three homes sold, with a median sale price of $47,500 - a 61.5% decrease over the $123,500 median sale price for the same period of the previous year. There were six homes sold in Forreston in August 2018.
The median sales tax in Forreston for 2019 was $1,831. In 2018, the median sales tax was $1,892. This marks an decrease of 3.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.9%.
The following table compares Forreston to other Ogle County cities with similar median sales prices in August 2019:
| City | Aug. 2019 Home Sales | Aug. 2018 Home Sales | % change (Total Home Sales) | Aug. 2019 Median Sales Price | Aug. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Davis Junction | 2 | 4 | -50% | $187,500 | $157,000 | 19.4% |
| Stillman Valley | 1 | 1 | 0% | $150,000 | $148,000 | 1.4% |
| Byron | 13 | 11 | 18.2% | $150,000 | $141,000 | 6.4% |
| Hillcrest | 1 | 1 | 0% | $143,000 | $164,500 | -13.1% |
| Creston | 2 | 1 | 100% | $97,250 | $96,000 | 1.3% |
| Rochelle | 15 | 20 | -25% | $97,000 | $100,000 | -3% |
| Mount Morris | 5 | 3 | 66.7% | $95,000 | $85,500 | 11.1% |
| Oregon | 9 | 6 | 50% | $90,000 | $76,500 | 17.6% |
| Polo | 4 | 4 | 0% | $55,000 | $68,500 | -19.7% |
| Leaf River | 2 | 0 | - | $49,500 | $0 | - |
| Forreston | 3 | 6 | -50% | $47,500 | $123,500 | -61.5% |
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