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Charles J. Thompson HouseCharles J. Thompson House · Photo: Chuckmor · CC BY-SA 3.0
Housing in Forest City

47 homes sold in Forest City in the last year, at a typical $144K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Forest City homes are listed.

Homes sold
47
October 2025 to September 2026
Typical sale price
$144K
median, weighted by sales
Price per square foot
$96
Iowa $159
Paid vs. asking
95.5%
13% sold over asking
For sale now
31
September 2026 · 4 sold that month
What sold · last 12 months

Houses are 0% of Forest City’s sales, at a typical — (year to May 2026)

47 homes sold in the year to September 2026.

13 years of sales

About as many homes sell as usual, at 1.3 times the 2016 price

47 sales in the last year, against 69 in 2020 and a low of 0 in 2013. The typical sale went from $111K in 2016 to $144K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2013: 0 sold, typical —’132014: 35 sold, typical $86K2015: 47 sold, typical $113K’152016: 48 sold, typical $111K2017: 48 sold, typical $104K’172018: 45 sold, typical $111K2019: 40 sold, typical $115K’192020: 69 sold, typical $104K2021: 49 sold, typical $115K’212022: 45 sold, typical $138K2023: 50 sold, typical $150K’232024: 48 sold, typical $170K2025: 45 sold, typical $161K’25Last 12 months: 47 sold, typical $144KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 13 years of sales

Bidding wars in Forest City are back to pre-pandemic levels, with about as many homes for sale

We read every month of Forest City’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 47 sales.

If you’re buying in Forest City

  • Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
  • Offer under asking. Buyers paid 95.5% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 60 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 6 a month), but June is the most competitive: 20% of June sales close over asking. May offers nearly as much choice with fewer homes bid up (15%). March has the least competition (12%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 15% sold over asking, 104 days to sellJFeb: 3 new listings a month, 13% sold over asking, 110 days to sellFMar: 3 new listings a month, 12% sold over asking, 126 days to sellMApr: 4 new listings a month, 17% sold over asking, 128 days to sellAMay: 5 new listings a month, 15% sold over asking, 146 days to sellMJun: 5 new listings a month, 20% sold over asking, 131 days to sellJJul: 6 new listings a month, 19% sold over asking, 103 days to sellJAug: 5 new listings a month, 19% sold over asking, 95 days to sellASep: 5 new listings a month, 18% sold over asking, 92 days to sellSOct: 5 new listings a month, 16% sold over asking, 110 days to sellONov: 4 new listings a month, 19% sold over asking, 109 days to sellNDec: 4 new listings a month, 15% sold over asking, 106 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Iowa

Forest City now2017–192021 peakIA now
Sold over askingShare of sales that closed above the list price13%10%23%20%
Gone within two weeksShare of homes under contract within 14 days22%6%0%35%
Price paid vs. askingAverage sale price ÷ list price95.5%94.6%95.9%97.5%
Days to sellMedian days from listing to contract601157846
Supply

22 homes for sale on a typical day

That’s 5.7 times the 2013 low (4), about the 2017–19 level and well under 2015’s 31.

2013: 4 for sale’132014: 22 for sale2015: 31 for sale2016: 28 for sale’162017: 20 for sale2018: 21 for sale2019: 26 for sale’192020: 19 for sale2021: 11 for sale2022: 16 for sale’222023: 15 for sale2024: 17 for sale2025: 18 for sale’25Last 12 months: 22 for saleNow

Source: Redfin Data Center, city figures, January 2013 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Forest City home costs about $939 a month

Mortgage
Property tax
Insurance
Rent

Price: Forest City’s typical sale, last 12 months. Property tax at Forest City’s 1.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Forest City is affordable on local pay is on Cost of living.

Before you buy in Forest City

Six things worth knowing

6

New listings in July

The month with the most choice. February has the fewest, about 3.

Best time to buy
1.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $144K home, about $2,250 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Forest City, from test results, graduation and how much students grow.

Schools in Forest City
12 min

Typical commute

The average one-way trip to work for people who live in Forest City.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Britt and Northwood sell for less a square foot; Garner and Clear Lake for far more

The busier markets within 25 miles of Forest City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Mason City394$168K$11219%58
Clear Lake138$337K$2069%84
Forest City47$144K$9613%60
Garner41$218K$13210%54
Northwood27$158K$8732%63
Britt23$110K$739%37

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Forest City, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Forest City. People who follow the town see it, and so do people comparing Forest City with their own town. No commission, no listing fee.

Questions about buying a home in Forest City

What do homes sell for in Forest City, IA?

47 homes sold in the year to September 2026 at a typical $144K, $96 a square foot.

Is Forest City a buyer’s or seller’s market?

A buyer’s market: 31 homes were for sale in September 2026 and 4 sold, about 6.6 months of supply. Buyers paid 95.5% of asking on average.

When is the best time to buy in Forest City?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Forest City?

About 1.6% of a home’s value a year. On a $144K home that’s near $2,250.

Where can I see homes for sale in Forest City?

Zillow, Redfin, Realtor.com and Homes.com all carry Forest City’s MLS listings; the search links above open each one filtered to Forest City.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).