Housing in Forest Lakes, AZ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$1,178,500

Median List Price

N/A

Price Per Sq Ft

$391

Days on Market

187

Active Inventory

5

Months of Supply

2.5

Seller's market

Zillow Home Value

$533,972

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↑ 251.8%List Price ↓ 2.1%Apr 24 → Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

89.9%

Buyer's market

Sold Above Asking
0.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold ↑ 100.0%New Listings ↓ 80.0%Pending ↓ 33.3%Apr 24 → Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$391

Sale $/SF ↑ 252.3%List $/SF ↓ 8.7%Apr 24 → Dec 25

Forest Lakes vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Forest Lakes is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$412,500

Median Rent

N/A

Total Housing Units

990

Vacancy Rate

88.5%

Owner Occupied

91.2%

Renter Occupied

8.8%

Median Property Tax

$2,564

per year

Monthly Cost (w/ Mortgage)

$691

Housing Types

Single Family
88.7%
Multi-Family
0.0%
Mobile Home
11.3%

The current median sale price in Forest Lakes, AZ is $1,178,500 according to Redfin data. Homes spend a median of 187 days on the market. 0.0% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $391. About 91.2% of housing units are owner-occupied. The median year homes were built is 1988. There are 990 total housing units.