Forest Hills, NC is an area with a booming housing market. With a median home value of $309,400, it is slightly lower than the US median of $338,100 but has seen much higher appreciation over the past year at 18.83%, compared to 8.27% for the US overall. This strong rate of appreciation means that not only are homes in Forest Hills appreciated more than those in other parts of the country, they also retain their value better and provide a strong return on investment for homeowners.
The median home cost in Forest Hills is $309,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Forest Hills is up 22.1%.
Average Age of Homes
- The median age of Forest Hills real estate is 31 years old
The Rental Market in Forest Hills
- Renters make up 47.1% of the Forest Hills population
- 2.2% of houses and apartments in Forest Hills, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.