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Featured local agent — Forest Hill, TX
Sarah Mitchell
Compass Real Estate · Forest Hill, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Forest Hill, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$242,500median sale price
How is the Forest Hill, TX housing market right now?
The median home sale price in Forest Hill, TX is $242,500, up 1.5% year-over-year. Homes sell in an average of 48 days with 27 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 Hill a buyer's or seller's market?
Forest Hill, TX is currently a buyer's market, based on 13.5 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
48
Average pace
Active listings
27
13.5 months supply
Sale-to-list
97.4%
Below asking
What does the Forest Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $242,500 |
| Median list price | $258,200 |
| Year-over-year price change | +1.5% |
| Average days on market | 48 days |
| Active inventory | 27 listings |
| Months of supply | 13.5 months |
| Sale-to-list price ratio | 97.4% |
| Median price per sq ft | $176/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 12 |
| Listings with a price cut | 25.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Forest Hill by property type?
How the Forest Hill, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $242,500 | $176/sq ft | 2 | 48 days |
Source: Redfin · Updated monthly
The Forest Hill housing market is currently classified as a buyer's market with a median sale price of $242,500. Prices have risen 1.5% compared to last year, with homes spending an average of 48 days on market, indicating 13.5 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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Forest Hill
There are currently 27 homes listed for sale in Forest Hill, Texas. The median listing price is $258K.
Active listings
27
Homes on market
Median list price
$258K
Avg. days on market
48
Days until sale
New this week
12
Newly listed
Who lives in Forest Hill?
Population
13,923
Median income
$59,653/yr
Median age
33.3 years
Owner-occupied
69.3%
College grads
12.4%
Avg commute
28.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Forest Hill?
Zillow home value
$228,983
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Forest Hill?
Forest Hill is a community of approximately 14K residents with a median age of 33.3 years.The median household income is $59,653, which represents a working-class community with solid middle-income opportunities. 12.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Forest Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Forest Hill, TX?
Want a head-to-head view? Compare Forest Hill 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 Hill?
The median home sale price in Forest Hill is $242,500, up 1.5% from last year.
How long do homes stay on market in Forest Hill?
Homes typically spend 48 days on market before going under contract.
What is the median income in Forest Hill?
The median household income is $59,653 per year.
Is Forest Hill a buyer's or seller's market?
With 13.5 months of supply, Forest Hill is currently a buyer's market.
What is the Zillow home value estimate for Forest Hill?
The Zillow Home Value Index (ZHVI) for Forest Hill is $228,983, representing the typical home value in the area.
How much does a single-family home cost in Forest Hill?
The median single-family home price in Forest Hill, TX is $242,500 (about $176 per square foot).
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