Is Forest Park, GA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Forest Park is a neutral's market


Difference Since May 2023

At the same time last year, Forest Park was a Seller's Market.

Key Takeaway

Forest Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Forest Park, GA

How much do homes in Forest Park, GA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Forest Park have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Forest Park was $198,983 in May 2024, up 4.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $60K-
2 $160K$160K
3 $180K$195K
4 $239.7K$230K
5+ $260K$298K

Summary: Forest Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Cities

Lake City
Forest Park
Forest Park-Morrow

Housing Supply in Forest Park, GA

How many homes are available in Forest Park, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Forest Park real estate market had 112 homes for sale in May 2024, a 2.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 1513
3 6369
4 1821
5+ 139

Summary: The Forest Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Park, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Forest Park in May 2024, down by 17.4% month-over-month. Of the 14 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Forest Park, GA

How long does it take to sell a home in Forest Park, GA?

Average Sale Time

May 2023May 2024CHANGE
25 Days34 Days+35.1%

Summary: Homes in Forest Park had an average of 34 days on market in May 2024, up by 35.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Forest Park are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 19 homes were sold in Forest Park; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in Forest Park, GA

Nearby Markets to Forest Park, GA

What housing markets are near Forest Park, GA?