Forest Hills, TN is a desirable area as indicated by its housing median value of $951,200, which is significantly higher than the US House median value of $338,100. In the past year, the US House Appreciation was 8.27%, but Forest Hills saw an even higher appreciation rate of 18.46%. This indicates that the real estate market in Forest Hills is thriving and that there is great potential for future growth.
The median home cost in Forest Hills is $951,200. Home appreciation the last 10 years has been 183.4%. Home Appreciation in Forest Hills is up 24.4%.
Average Age of Homes
- The median age of Forest Hills real estate is 49 years old
The Rental Market in Forest Hills
- Renters make up 1.4% of the Forest Hills population
- 0.0% 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.