Forest Hills, TN

Buyer's market-25.7% YoY

Housing market overview · Updated weekly

$1.22Mmedian sale price

Homes sold

3

Last 12 weeks

Days on market

262

Average pace

Active listings

23

7.7 months supply

Sale-to-list

96.9%

Below asking

The Forest Hills housing market is currently classified as a buyer's market with a median sale price of $1.22M. Prices have fallen 25.7% compared to last year, with homes spending an average of 262 days on market, indicating 7.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Forest Hills

There are currently 23 homes listed for sale in Forest Hills, Tennessee. The median listing price is $3.3M.

Active listings

23

Homes on market

Median list price

$3.3M

Avg. days on market

262

Days until sale

New this week

4

Newly listed

Price drops:8.7%of listings
Sale-to-list:96.9%

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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 $1.22M, down 25.7% from last year.

How long do homes stay on market in Forest Hills?

Homes typically spend 262 days on market before going under contract.

Is Forest Hills a buyer's or seller's market?

With 7.7 months of supply, Forest Hills is currently a buyer's market.

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