Housing in Forest Hills, TN

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$4,350,000

Median List Price

$3,890,000

Price Per Sq Ft

$688

Days on Market

291

Active Inventory

21

Months of Supply

21.0

Buyer's market

Price Trends

Source: Redfin
Sale Price ↑ 107.1%List Price ↑ 94.5%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

94.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
9.5%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

1

Homes Sold ↓ 88.9%New Listings ↓ 80.0%Pending ↓ 94.7%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$688

Median List $/SF

$343

Sale $/SF ↑ 53.9%List $/SF ↓ 40.6%Mar 24 → Jan 26

Forest Hills vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Price Per Sq Ft

Census Housing Data

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

Median Home Value

$1,142,200

Median Rent

N/A

Total Housing Units

1,938

Vacancy Rate

6.2%

Owner Occupied

98.5%

Renter Occupied

1.5%

Median Property Tax

$6,481

per year

Monthly Cost (w/ Mortgage)

$2,909

Housing Types

Single Family
99.0%
Multi-Family
0.3%
Mobile Home
0.7%

The current median sale price in Forest Hills, TN is $4,350,000 according to Redfin data. Homes spend a median of 291 days on the market. 0.0% of homes sold above asking price. The market has 21.0 months of supply. The median price per square foot is $688. About 98.5% of housing units are owner-occupied. The median year homes were built is 1970. There are 1,938 total housing units.