$5,938 Closing Credit*
$500,000
3 Beds
•2 Full Baths
Listing Office: EXP REALTY, LLC
Housing Prices in Forest Hill, NJ
How much do homes in Forest Hill, NJ cost?
Median List Price
$575,000
$195/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
+$41,000(+7.7%)
Key Takeaway
The list price of homes in Forest Hill has increased by 7.7% since last year.
Summary: The median home list price in Forest Hill was $575,000 in December 2024, up 7.7% from the previous year, and the median price per square foot was $195.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | $250K | -13.5% |
| 2 Bedrooms | $249.9K | - | N/A |
| 3 Bedrooms | $374.9K | $469.4K | +25.2% |
| 4 Bedrooms | $569K | $559.9K | -1.6% |
| 5+ Bedrooms | $659.9K | $700K | +6.1% |
Summary: Forest Hill housing prices by bedroom type for December 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 25.2%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 6.1%.
Median List Price Compared To Nearby Neighborhoods
| North Broadway | $365K | $597K | +63.6% |
| North Ward | $397K | $559.4K | +40.9% |
| Upper Roseville | $349.9K | $477K | +36.3% |
| Mount Pleasant | $334.9K | $404.5K | +20.8% |
| Forest Hill | $534K | $575K | +7.7% |
Housing Supply in Forest Hill, NJ
How many homes are available in Forest Hill, NJ?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Forest Hill real estate market had 21 homes for sale in December 2024, a 10.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Forest Hill housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.7%.
Days on Market for Forest Hill, NJ
How long does it take to sell a home in Forest Hill, NJ?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 152 Days | 78 Days | -48.5% |
Summary: Homes in Forest Hill had an average listing age of 78 days in Dec 2024, down by 48.5% compared to the previous year.
