Forest Hills, MI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Forest Hills, MI is $477,500, down 5.9% year-over-year. Homes sell in an average of 62 days with 25 active listings. The market is currently a seller's market.
$477,500median sale price
Is Forest Hills a buyer's or seller's market?
Forest Hills, MI is currently a seller's market, based on 1.3 months of supply and homes selling in about 62 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
62
Average pace
Active listings
25
1.3 months supply
Sale-to-list
98.8%
Below asking
Forest Hills, MI market data
| Metric | Value |
|---|---|
| Median sale price | $477,500 |
| Median list price | $599,900 |
| Year-over-year price change | -5.9% |
| Average days on market | 62 days |
| Active inventory | 25 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Forest Hills housing market is currently classified as a seller's market with a median sale price of $477,500. Prices have fallen 5.9% compared to last year, with homes spending an average of 62 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Forest Hills
There are currently 25 homes listed for sale in Forest Hills, Michigan. The median listing price is $600K.
Active listings
25
Homes on market
Median list price
$600K
Avg. days on market
62
Days until sale
New this week
17
Newly listed
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Frequently asked questions
What is the average home price in Forest Hills?
The median home sale price in Forest Hills is $477,500, down 5.9% from last year.
How long do homes stay on market in Forest Hills?
Homes typically spend 62 days on market before going under contract.
Is Forest Hills a buyer's or seller's market?
With 1.3 months of supply, Forest Hills is currently a seller's market.
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