Housing in Forest Hill, TX

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$243,500

Median List Price

$265,000

Price Per Sq Ft

$160

Days on Market

106

Active Inventory

18

Months of Supply

1.5

Seller's market

Zillow Home Value

$219,726

ZHVI — January 2026

Zillow Rent Index

$1,731

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 3.6%List Price 6.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

41.7%

Off Market in 2 Weeks

12.5%

Sale-to-List Ratio

99.5%

Buyer's market

Sold Above Asking
41.7%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
44.4%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

3

Pending Sales

8

Homes Sold 20.0%New Listings 50.0%Pending 33.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$162

Sale $/SF 9.6%List $/SF 5.8%Mar 24Jan 26

Forest Hill vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Forest Hill 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

$171,300

Median Rent

$1,506

Total Housing Units

4,502

Vacancy Rate

3.8%

Owner Occupied

69.3%

Renter Occupied

30.7%

Median Property Tax

$2,654

per year

Monthly Cost (w/ Mortgage)

$908

Housing Types

Single Family
94.7%
Multi-Family
4.5%
Mobile Home
0.8%

The current median sale price in Forest Hill, TX is $243,500 according to Redfin data. Homes spend a median of 106 days on the market. 41.7% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $160. Zillow's observed rent index is $1,731/month. About 69.3% of housing units are owner-occupied. The median year homes were built is 1970. There are 4,502 total housing units.