Housing Prices in Forest Lakes, AZ
How much do homes in Forest Lakes, AZ cost?
Median List Price
$625,000
$426/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Forest Lakes has increased by 8.7% since last year.
Summary: The median home list price in Forest Lakes was $625,000 in May 2024, up 8.7% from the previous year, and the median price per square foot was $426.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $440K | +25.7% |
| 2 Bedrooms | $462K | $500K | +8.2% |
| 3 Bedrooms | $649.9K | $660K | +1.6% |
| 4 Bedrooms | $1.0M | $1.0M | 0.0% |
| 5+ Bedrooms | $786.9K | $825K | +4.8% |
Summary: Forest Lakes housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.7%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.8%.
Median List Price Compared To Nearby Cities
| Tonto Basin | $310K | $345.3K | +11.4% |
| Forest Lakes | $575K | $625K | +8.7% |
| Happy Jack | $552.4K | $595K | +7.7% |
| Heber | $415K | $410K | -1.2% |
Housing Supply in Forest Lakes, AZ
How many homes are available in Forest Lakes, AZ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Summary: The Forest Lakes real estate market had 11 homes for sale in May 2024, a 83.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Forest Lakes housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Days on Market for Forest Lakes, AZ
How long does it take to sell a home in Forest Lakes, AZ?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 82 Days | 33 Days | -59.8% |
Summary: Homes in Forest Lakes had an average listing age of 33 days in May 2024, down by 59.8% compared to the previous year.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.