Is Forest Hills, SC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Hills is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Forest Hills 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 Hills, SC

How much do homes in Forest Hills, SC cost?

Median Sold Price

$307,250

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$42,250(+15.9%)

Key Takeaway

Homes in Forest Hills have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Forest Hills was $307,250 in April 2024, up 15.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K$301.5K
+16.0%
4 $296K$373.2K
+26.1%
5+ $320.5K-
N/A

Summary: Forest Hills housing prices by bedroom type for April 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 16%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Forest Hills
+15.9%
Sunny Hills
-6.1%

Housing Supply in Forest Hills, SC

How many homes are available in Forest Hills, SC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
660.0%

Summary: The Forest Hills real estate market had 6 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Forest Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Hills, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Forest Hills in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Forest Hills, SC

How long does it take to sell a home in Forest Hills, SC?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days3 Days-92.8%

Summary: Homes in Forest Hills had an average of 3 days on market in Apr 2024, down by 92.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 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 Hills are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Forest Hills; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Forest Hills, SC

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