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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Park is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Forest Park has remained a Seller's Market.

Key Takeaway

Forest Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Forest Park, OH cost?

Median Sold Price

$215,600

$126/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

-$17,400(-7.5%)

Key Takeaway

Homes in Forest Park have sold for 7.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $193K-
N/A
3 $210K$185K
-11.9%
4 $256.2K$235K
-8.3%
5+ $247.5K-
N/A

Median Sold Price Compared To Nearby Cities

Springdale
+12.6%
Fairfield
0.0%
Springfield Township
-3.0%
Forest Park
-7.5%
Greenhills
-25.3%

How many homes are available in Forest Park, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
5046-8.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 43
-25.0%
3 2323
0.0%
4 1716
-5.9%
5+ 64
-33.3%

Number of Homes Sold

Oct 2022Nov 2022%
138-38.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 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. 50% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
11 Days13 Days+23.9%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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.

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

About Forest Park, OH

Number of homes for sale in Forest Park, OH real estate market have reached 46. In November 2022 in Forest Park, OH there were 8% less homes for sale than in October 2022. In November 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $215,600. Listing prices have changed in this real estate market between November 2021 and November 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 0% more expensive, 3 bedrooms properties became 11.9% more cheaper, the cost of 4 bedrooms properties went down by 8.3%, prices of 5 bedrooms properties went up by 0%. This housing market inventory have changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 25% less available, 3 bedrooms homes did not move, the quantity of 4 bedrooms homes went down by 5.9%, 5 bedrooms homes became 33.3% less available. While more than 4 listings in Forest Park, OH in November 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below.

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