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Featured local agent — Forest Hills, TN
Sarah Mitchell
Compass Real Estate · Forest Hills, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forest Hills, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$2.27Mmedian sale price
How is the Forest Hills, TN housing market right now?
The median home sale price in Forest Hills, TN is $2.27M, down 13.3% year-over-year. Homes sell in an average of 59 days with 53 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 Hills a buyer's or seller's market?
Forest Hills, TN is currently a buyer's market, based on 5.3 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
59
Average pace
Active listings
53
5.3 months supply
Sale-to-list
96.6%
Below asking
What does the Forest Hills housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $2.27M |
| Median list price | $2.95M |
| Year-over-year price change | -13.3% |
| Average days on market | 59 days |
| Active inventory | 53 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $424/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 20 |
| Listings with a price cut | 15.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Forest Hills by property type?
How the Forest Hills, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $2.27M | $424/sq ft | 10 | 59 days |
Source: Redfin · Updated monthly
The Forest Hills housing market is currently classified as a buyer's market with a median sale price of $2.27M. Prices have fallen 13.3% compared to last year, with homes spending an average of 59 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Forest Hills
There are currently 53 homes listed for sale in Forest Hills, Tennessee. The median listing price is $2.9M.
Active listings
53
Homes on market
Median list price
$2.9M
Avg. days on market
59
Days until sale
New this week
20
Newly listed
Who lives in Forest Hills?
Population
4,802
Median income
$250,001/yr
Median age
49.4 years
Owner-occupied
98.5%
College grads
77.6%
Avg commute
18 min
Source: U.S. Census Bureau ACS
What is it like to live in Forest Hills?
Forest Hills is a community of approximately 5K residents with a median age of 49.4 years.The median household income is $250,001, which reflects a relatively affluent area with strong earning potential. 77.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 98.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 18 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, TN?
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 $2.27M, down 13.3% from last year.
How long do homes stay on market in Forest Hills?
Homes typically spend 59 days on market before going under contract.
What is the median income in Forest Hills?
The median household income is $250,001 per year.
Is Forest Hills a buyer's or seller's market?
With 5.3 months of supply, Forest Hills is currently a buyer's market.
How much does a single-family home cost in Forest Hills?
The median single-family home price in Forest Hills, TN is $2.27M (about $424 per square foot).
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