Housing in Forest Hills, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$671,790
Median List Price
$432,000
Price Per Sq Ft
$238
Days on Market
66
Active Inventory
24
Months of Supply
1.3
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.5%
Off Market in 2 Weeks
26.3%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
11
Pending Sales
19
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$238
Median List $/SF
$259
Forest Hills vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Forest Hills is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$474,800
Median Rent
$1,950
Total Housing Units
10,339
Vacancy Rate
2.5%
Owner Occupied
94.4%
Renter Occupied
5.6%
Median Property Tax
$5,472
per year
Monthly Cost (w/ Mortgage)
$1,678
Housing Types
The current median sale price in Forest Hills, MI is $671,790 according to Redfin data. Homes spend a median of 66 days on the market. 10.5% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $238. The median rent is $1,950 per month (Census ACS). About 94.4% of housing units are owner-occupied. The median year homes were built is 1988. There are 10,339 total housing units.