Housing Prices in Forest Hill, NJ

How much do homes in Forest Hill, NJ cost?

Median List Price

$600,000

$206/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$60,001(+11.1%)

Key Takeaway

The list price of homes in Forest Hill has increased by 11.1% since last year.

Summary: The median home list price in Forest Hill was $600,000 in November 2024, up 11.1% from the previous year, and the median price per square foot was $206.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $289K$250K
-13.5%
2 $249.9K-
N/A
3 $386.9K$474.4K
+22.6%
4 $569K$559.9K
-1.6%
5+ $659.9K$705K
+6.8%

Summary: Forest Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes did not change, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 6.8%.

Median List Price Compared To Nearby Neighborhoods

North Broadway
+65.4%
Upper Roseville
+48.6%
North Ward
+46.4%
Mount Pleasant
+35.3%
Forest Hill
+11.1%

Housing Supply in Forest Hill, NJ

How many homes are available in Forest Hill, NJ?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1821+16.7%

Summary: The Forest Hill real estate market had 21 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 1316
+23.1%

Summary: The Forest Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 23.1%.

Days on Market for Forest Hill, NJ

How long does it take to sell a home in Forest Hill, NJ?

Average Listing Age

Nov 2023Nov 2024CHANGE
165 Days83 Days-49.8%

Summary: Homes in Forest Hill had an average listing age of 83 days in Nov 2024, down by 49.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Forest Hill, NJ

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