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Featured local agent — Forbestown, CA
Sarah Mitchell
Compass Real Estate · Forbestown, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forbestown, CA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Year-over-year price change | +136.7% |
| Average days on market | 94 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $204/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,000 | $204/sq ft | 1 | 94 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
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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