$4,750 Closing Credit*
$400,000
3,516 SqFt
9 Beds
•3 Full Baths
Sam Andrews-Ascioti, Listing Office: Naples Realty Group, LLC
Is Forest Park, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Forest Park has remained a Seller's Market.
Key Takeaway
Forest Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forest Park, MA
How much do homes in Forest Park, MA cost?
Median Sold Price
$335,916
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$36,583(+12.2%)
Key Takeaway
Homes in Forest Park have sold for 12.2% more than they did a year ago.
Summary: The median home sold price in Forest Park was $335,916 in December 2024, up 12.2% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $160K | - | N/A |
| 2 Bedrooms | $202.4K | $260K | +28.4% |
| 3 Bedrooms | $268.5K | $289K | +7.6% |
| 4 Bedrooms | $277.5K | $306.5K | +10.5% |
| 5+ Bedrooms | $335K | $375K | +11.9% |
Summary: Forest Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Six Corners | $223K | $285K | +27.8% |
| South End | $310K | $350K | +12.9% |
| Forest Park | $299.3K | $335.9K | +12.2% |
| East Forest Park | $276.5K | $302K | +9.2% |
| Old Hill | $244K | $260K | +6.6% |
Housing Supply in Forest Park, MA
How many homes are available in Forest Park, MA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 67 | 56 | -16.4% |
Summary: The Forest Park real estate market had 56 homes for sale in December 2024, a 16.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 20 | 15 | -25.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 33 | 26 | -21.2% |
Summary: The Forest Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 21.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Park, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Forest Park in December 2024, down by 28.6% month-over-month. Of the 15 sold homes, 27% were sold under asking, 13% were sold at asking, and 60% were sold over asking.
Days on Market for Forest Park, MA
How long does it take to sell a home in Forest Park, MA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 34 Days | 52 Days | +52.1% |
Summary: Homes in Forest Park had an average of 52 days on market in Dec 2024, up by 52.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Forest Park has remained consistent over time.
Summary: During December 2024, 15 homes were sold in Forest Park; 40% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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