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Featured local agent — Forest Hills, MI
Sarah Mitchell
Compass Real Estate · Forest Hills, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forest Hills, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$710,500median sale price
How is the Forest Hills, MI housing market right now?
The median home sale price in Forest Hills, MI is $710,500, up 2.9% year-over-year. Homes sell in an average of 7 days with 38 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Forest Hills a buyer's or seller's market?
Forest Hills, MI is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
39
Last 12 weeks
Days on market
7
Fast-moving
Active listings
38
1.0 months supply
Sale-to-list
101.6%
Above asking
What does the Forest Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $710,500 |
| Median list price | $865,000 |
| Year-over-year price change | +2.9% |
| Average days on market | 7 days |
| Active inventory | 38 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $284/sq ft |
| Homes sold (latest month) | 39 |
| New listings (latest month) | 49 |
| Listings with a price cut | 44.7% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Forest Hills by property type?
How the Forest Hills, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $815,000 | $288/sq ft | 30 | 5 days |
| Condo / Co-op | $525,000 | $258/sq ft | 9 | 15 days |
Source: Redfin · Updated monthly
The Forest Hills housing market is currently classified as a strong seller's market with a median sale price of $710,500. Prices have risen 2.9% compared to last year, with homes spending an average of 7 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Forest Hills
There are currently 38 homes listed for sale in Forest Hills, Michigan. The median listing price is $865K.
Active listings
38
Homes on market
Median list price
$865K
Avg. days on market
7
Days until sale
New this week
49
Newly listed
Who lives in Forest Hills?
Population
28,494
Median income
$156,618/yr
Median age
43.3 years
Owner-occupied
94.4%
College grads
71.5%
Avg commute
20.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Forest Hills?
Forest Hills is a community of approximately 28K residents with a median age of 43.3 years.The median household income is $156,618, which reflects a relatively affluent area with strong earning potential. 71.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 94.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Forest Hills offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Forest Hills, MI?
Want a head-to-head view? Compare Forest Hills side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Forest Hills?
The median home sale price in Forest Hills is $710,500, up 2.9% from last year.
How long do homes stay on market in Forest Hills?
Homes typically spend 7 days on market before going under contract.
What is the median income in Forest Hills?
The median household income is $156,618 per year.
Is Forest Hills a buyer's or seller's market?
With 1.0 months of supply, Forest Hills is currently a strong seller's market.
What is the median condo price in Forest Hills?
The median condo/co-op sale price in Forest Hills, MI is $525,000, compared to $815,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Forest Hills?
The median single-family home price in Forest Hills, MI is $815,000 (about $288 per square foot).
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