Forest Hills, TN
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
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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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