The housing market in Forest Hill, TX is thriving, with a median housing value of $227,500, which is considerably lower than the US median house value of $338,100. The US 1-year house appreciation rate of 8.27% is also being outpaced by the 1-year appreciation rate in Forest Hill, TX at 15.58%, making it an ideal place to invest in real estate. With these favorable conditions, it's no wonder why people are flocking to Forest Hill for their dream homes.
The median home cost in Forest Hill is $227,500. Home appreciation the last 10 years has been 154.4%. Home Appreciation in Forest Hill is up 22.1%.
Average Age of Homes
- The median age of Forest Hill real estate is 45 years old
The Rental Market in Forest Hill
- Renters make up 24.5% of the Forest Hill population
- 0.0% of houses and apartments in Forest Hill, 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.