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Featured local agent — Forest City, NC
Sarah Mitchell
Compass Real Estate · Forest City, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forest City, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$235,000median sale price
How is the Forest City, NC housing market right now?
The median home sale price in Forest City, NC is $235,000, up 8.3% year-over-year. Homes sell in an average of 50 days with 36 active listings. The market is currently a buyer'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 City a buyer's or seller's market?
Forest City, NC is currently a buyer's market, based on 12.0 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
50
Average pace
Active listings
36
12.0 months supply
Sale-to-list
96.3%
Below asking
What does the Forest City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $235,000 |
| Median list price | $292,500 |
| Year-over-year price change | +8.3% |
| Average days on market | 50 days |
| Active inventory | 36 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $167/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 10 |
| Listings with a price cut | 33.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Forest City by property type?
How the Forest City, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $235,000 | $167/sq ft | 3 | 50 days |
Source: Redfin · Updated monthly
The Forest City housing market is currently classified as a buyer's market with a median sale price of $235,000. Prices have risen 8.3% compared to last year, with homes spending an average of 50 days on market, indicating 12.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Forest City
There are currently 36 homes listed for sale in Forest City, North Carolina. The median listing price is $293K.
Active listings
36
Homes on market
Median list price
$293K
Avg. days on market
50
Days until sale
New this week
10
Newly listed
Who lives in Forest City?
Population
7,368
Median income
$35,897/yr
Median age
34.8 years
Owner-occupied
41.1%
College grads
17.2%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Forest City?
Zillow home value
$194,430
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Forest City?
Forest City is a community of approximately 7K residents with a median age of 34.8 years.The median household income is $35,897, which represents a working-class community with solid middle-income opportunities. 17.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 41.1%, showing a blend of owner and renter-occupied properties. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Forest City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Forest City?
7 schools tracked · 2,781 students
The largest public schools serving Forest City, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Chase High School
Grades 9-12 · 625 students
Forest City-Dunbar Elementary School
Grades PK-5 · 487 students
Chase Middle School
Grades 6-8 · 481 students
Harris Elementary School
Grades PK-5 · 440 students
Forrest W. Hunt Elementary School
Grades PK-5 · 406 students
Mt. Vernon-Ruth Elementary School
Grades PK-5 · 244 students
Rutherford Opportunity Center
Grades 6-12 · 98 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Forest City, NC?
Want a head-to-head view? Compare Forest City 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 City?
The median home sale price in Forest City is $235,000, up 8.3% from last year.
How long do homes stay on market in Forest City?
Homes typically spend 50 days on market before going under contract.
What is the median income in Forest City?
The median household income is $35,897 per year.
Is Forest City a buyer's or seller's market?
With 12.0 months of supply, Forest City is currently a buyer's market.
What is the Zillow home value estimate for Forest City?
The Zillow Home Value Index (ZHVI) for Forest City is $194,430, representing the typical home value in the area.
How much does a single-family home cost in Forest City?
The median single-family home price in Forest City, NC is $235,000 (about $167 per square foot).
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