Zip 49301 (Forest Hills, MI) Housing


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Housing in 49301 Forest Hills, MI is valued at an impressive median of $522,200, more than 50% higher than the US median of $338,100. In the past year, the US housing appreciation has been 8.27%, but in Forest Hills it has been even better – a 12.54% appreciation rate over that same time period. Such stellar figures ensure that homeowners in 49301 can enjoy a good return on their investment. With such high housing values and great rates of appreciation, it's no wonder that Forest Hills is so sought after by buyers looking for an ideal place to call home.

The median home cost in Forest Hills (zip 49301) is $522,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Forest Hills (zip 49301) is up 16.2%.

Average Age of Homes
- The median age of Forest Hills (zip 49301) real estate is 24 years old
The Rental Market in Forest Hills (zip 49301)
- Renters make up 4.8% of the Forest Hills (zip 49301) population
- 0.6% of houses and apartments in Forest Hills (zip 49301), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingForest Hills, MichiganUnited States
  7,283.0139,647,020.0
  2742
  $522,200$338,100
  16.2%16.6%
  62.1%57.0%
  120.9%101.1%
  $12.99$10.98
  $5,327$2,690
  91.5%57.4%
  4.7%11.2%
  3.8%31.4%
  Vacant Housing
  0.6%1.9%
  0.0%0.4%
  0.5%0.7%
  1.2%0.4%
  0.5%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  1.0%2.6%
  0.0%2.4%
  0.8%2.8%
  0.0%3.9%
  0.4%4.5%
  1.3%11.3%
  2.9%13.0%
  18.3%20.1%
  23.5%13.6%
  18.6%8.3%
  16.9%9.7%
  11.0%3.9%
  4.8%2.2%
  0.4%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.2%0.2%
  26.1%13.6%
  26.1%13.6%
  19.2%13.6%
  12.9%13.2%
  13.2%14.8%
  19.2%13.6%
  3.5%10.0%
  2.2%4.7%
  3.4%12.2%
Commute

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