$10,000 Closing Credit*
$875,000
2,747 SqFt
4 Beds
•2 Full Baths
Livia Goodlett, Lynn Marshall, Listing Office: Keller Williams Sunset Corridor
Is Forest Heights, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Forest Heights was a Seller's Market.
Key Takeaway
Forest Heights is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Forest Heights, OR
How much do homes in Forest Heights, OR cost?
Median Sold Price
$1,285,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$85,000(+7.1%)
Key Takeaway
Homes in Forest Heights have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Forest Heights was $1,285,000 in September 2024, up 7.1% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $834.5K | $789K | -5.5% |
| 4 Bedrooms | $1.1M | $1.1M | -4.0% |
| 5+ Bedrooms | $1.7M | $1.4M | -15.6% |
Summary: Forest Heights housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 15.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Northwest Heights / Forest Heights | $835K | $912.5K | +9.3% |
| Forest Heights | $1.2M | $1.2M | +7.1% |
Housing Supply in Forest Heights, OR
How many homes are available in Forest Heights, OR?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 16 | 13 | -18.8% |
Summary: The Forest Heights real estate market had 13 homes for sale in September 2024, a 18.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Forest Heights housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Forest Heights in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Heights, OR
How long does it take to sell a home in Forest Heights, OR?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 42 Days | 86 Days | +106.0% |
Summary: Homes in Forest Heights had an average of 86 days on market in Sep 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Forest Heights has remained consistent over time.
Summary: During September 2024, 2 homes were sold in Forest Heights; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.