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Featured local agent — Forbestown, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Forbestown, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Forbestown, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Forbestown, CA Housing Market & Real Estate

Balanced market+136.7% YoY

Housing market overview · Updated monthly ·

$355,000median sale price

How is the Forbestown, CA housing market right now?

The median home sale price in Forbestown, CA is $355,000, up 136.7% year-over-year. Homes sell in an average of 94 days with 2 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Forbestown a buyer's or seller's market?

Balanced market2.0 months of supply94 avg. days on market

Forbestown, CA is currently a balanced market, based on 2.0 months of supply and homes selling in about 94 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

94

Average pace

Active listings

2

2.0 months supply

Sale-to-list

96.7%

Below asking

What does the Forbestown housing market data show?

Current housing market statistics for Forbestown, CA
MetricValue
Median sale price$355,000
Year-over-year price change+136.7%
Average days on market94 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio96.7%
Median price per sq ft$204/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Forbestown by property type?

How the Forbestown, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Forbestown, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$355,000$204/sq ft194 days

Source: Redfin · Updated monthly

The Forbestown housing market is currently classified as a balanced market with a median sale price of $355,000. Prices have risen 136.7% compared to last year, with homes spending an average of 94 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Forbestown

There are currently 2 homes listed for sale in Forbestown, California.

Active listings

2

Homes on market

Avg. days on market

94

Days until sale

Sale-to-list:96.7%

Who lives in Forbestown?

Population

327

Median income

$69,583/yr

Median age

33.9 years

Owner-occupied

100.0%

Source: U.S. Census Bureau ACS

What are homes worth in Forbestown?

Zillow home value

$278,005

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in Forbestown?

Forbestown is a community of approximately 0K residents with a median age of 33.9 years.The median household income is $69,583, which represents a working-class community with solid middle-income opportunities.0

Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Forbestown offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Forbestown, CA?

Want a head-to-head view? Compare Forbestown side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Forbestown?

The median home sale price in Forbestown is $355,000, up 136.7% from last year.

How long do homes stay on market in Forbestown?

Homes typically spend 94 days on market before going under contract.

What is the median income in Forbestown?

The median household income is $69,583 per year.

Is Forbestown a buyer's or seller's market?

With 2.0 months of supply, Forbestown is currently a balanced market.

What is the Zillow home value estimate for Forbestown?

The Zillow Home Value Index (ZHVI) for Forbestown is $278,005, representing the typical home value in the area.

How much does a single-family home cost in Forbestown?

The median single-family home price in Forbestown, CA is $355,000 (about $204 per square foot).

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