$4,334 Closing Credit*
$365,000
1,500 SqFt
3 Beds
•2 Full Baths, 1 Partial
Joy Carter PA, Listing Office: Keller Williams Realty Consultants
Is Forest Hills, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Forest Hills was a Seller's Market.
Key Takeaway
Forest Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Forest Hills, FL
How much do homes in Forest Hills, FL cost?
Median Sold Price
$255,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,500(+5.6%)
Key Takeaway
Homes in Forest Hills have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Forest Hills was $255,000 in October 2024, up 5.6% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178.5K | - | N/A |
| 2 Bedrooms | $220K | $229K | +4.1% |
| 3 Bedrooms | $345K | $408.2K | +18.3% |
| 4 Bedrooms | $630K | $595K | -5.6% |
| 5+ Bedrooms | $655K | $697.5K | +6.5% |
Summary: Forest Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 18.3%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 6.5%.
Housing Supply in Forest Hills, FL
How many homes are available in Forest Hills, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The Forest Hills real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Forest Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Hills, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Forest Hills in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Hills, FL
How long does it take to sell a home in Forest Hills, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 14 Days | -54.1% |
Summary: Homes in Forest Hills had an average of 14 days on market in Oct 2024, down by 54.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Forest Hills are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Forest Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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