From July through September of 2018, there were seven homes sold, with a median sale price of $122,000 - a 52.7% increase over the $79,900 median sale price for the same period of the previous year. There were nine homes sold in Forreston in the third quarter of 2017.
The median sales tax in Forreston for 2018 was $1,892. In 2017, the median sales tax was $1,921. This marks an decrease of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.6%.
The following table compares Forreston to other Ogle County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Monroe Center | 2 | 1 | 100% | $149,750 | $239,900 | -37.6% |
| Davis Junction | 10 | 6 | 66.7% | $149,000 | $158,000 | -5.7% |
| Byron | 23 | 23 | 0% | $149,000 | $142,900 | 4.3% |
| Stillman Valley | 6 | 6 | 0% | $132,500 | $135,500 | -2.2% |
| Creston | 4 | 0 | - | $128,250 | $0 | - |
| Forreston | 7 | 9 | -22.2% | $122,000 | $79,900 | 52.7% |
| Grand Detour | 4 | 1 | 300% | $104,750 | $39,000 | 168.6% |
| Rochelle | 46 | 31 | 48.4% | $97,500 | $105,000 | -7.1% |
| Mount Morris | 9 | 15 | -40% | $85,500 | $71,000 | 20.4% |
| Oregon | 21 | 19 | 10.5% | $80,500 | $72,500 | 11% |
| Polo | 12 | 8 | 50% | $68,500 | $85,000 | -19.4% |
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