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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Forest Hills is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Forest Hills has remained a Seller's Market.

Key Takeaway

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

How much do homes in Forest Hills, TN cost?

Median Sold Price

$1,527,500

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$387,500(+34.0%)

Key Takeaway

Homes in Forest Hills have sold for 34% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 --
N/A
2 $685K$1.3M
+101.5%
3 $800K$1.1M
+41.0%
4 $989K$1.2M
+29.9%
5+ $1.7M$2.4M
+38.8%

Median Sold Price Compared To Nearby Cities

Belle Meade
+39.6%
Forest Hills
+34.0%
Brentwood
+30.6%
Nashville
+18.2%
Oak Hill
+12.7%

How many homes are available in Forest Hills, TN?

Number of Homes For Sale

Mar 2022Apr 2022%
2930+3.4%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 11
0.0%
3 01
+100.0%
4 1313
0.0%
5+ 1515
0.0%

Number of Homes Sold

Mar 2022Apr 2022%
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Forest Hills, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
45 Days44 Days-2.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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.

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

New

2201 Chickering Ln, Nashville, TN 37215

2201 Chickering Ln, Nashville, TN 37215

$4,500,000
6,355 SqFt
4 Bedrooms
~$20,150/mo.*5 Full Baths, 1 Partial
Tim Kyne#2390455Listing Office:
Keller Williams RealtyMLS logo

New

1612 Ash Valley Dr, Nashville, TN 37215

1612 Ash Valley Dr, Nashville, TN 37215

$1,245,000
2,765 SqFt
4 Bedrooms
~$5,600/mo.*3 Full Baths
Trudy Clark#2389262Listing Office:
Fridrich & Clark RealtyMLS logo

New

1414 Chickering Rd, Nashville, TN 37215

1414 Chickering Rd, Nashville, TN 37215

$7,300,000
8,345 SqFt
4 Bedrooms
~$32,700/mo.*3 Full Baths, 4 Partial
Steve G Fridrich#2389233Listing Office:
Fridrich & Clark RealtyMLS logo

New

2200 Hemingway Dr, Nashville, TN 37215

2200 Hemingway Dr, Nashville, TN 37215

$3,500,000
5,854 SqFt
5 Bedrooms
~$15,700/mo.*4 Full Baths, 1 Partial
Julia Corker Spickard#2388404Listing Office:
Fridrich & Clark RealtyMLS logo
62 Annandale, Nashville, TN 37215

62 Annandale, Nashville, TN 37215

$3,750,000
6,145 SqFt
4 Bedrooms
~$16,800/mo.*5 Full Baths, 1 Partial
Lisa Fernandez-Wilson#2387650Listing Office:
French King Fine PropertiesMLS logo

Backup Offers

6109 Melbourne Dr, Nashville, TN 37215

6109 Melbourne Dr, Nashville, TN 37215

$1,000,000
2,661 SqFt
4 Bedrooms
~$4,500/mo.*3 Full Baths
Amy R Barnes#2387194Listing Office:
VILLAGEMLS logo
5744 Laura Hill Rd, Nashville, TN 37215

5744 Laura Hill Rd, Nashville, TN 37215

$2,995,000
3,136 SqFt
3 Bedrooms
~$13,400/mo.*2 Full Baths, 1 Partial
sheila reuther#2386674Listing Office:
Engel & Voelkers NashvilleMLS logo
17 Castlewood Ct, Nashville, TN 37215

17 Castlewood Ct, Nashville, TN 37215

$3,999,999
9,377 SqFt
5 Bedrooms
~$17,900/mo.*5 Full Baths, 2 Partial
Cheryl Macey#2386648Listing Office:
Fridrich & Clark RealtyMLS logo
4515 Carlton Dr, Nashville, TN 37215

4515 Carlton Dr, Nashville, TN 37215

$4,250,000
6,216 SqFt
6 Bedrooms
~$19,050/mo.*6 Full Baths, 1 Partial
Lacey Newman#2384949Listing Office:
Compass REMLS logo
3809 Harding Pl, Nashville, TN 37215

3809 Harding Pl, Nashville, TN 37215

$997,500
0.89 Acres 
~$4,450/mo.*
Linda Heflin Johnston#2382358Listing Office:
Pilkerton RealtorsMLS logo
3809 Harding Pl, Nashville, TN 37215

3809 Harding Pl, Nashville, TN 37215

$997,500
2,140 SqFt
3 Bedrooms
~$4,450/mo.*2 Full Baths
Linda Heflin Johnston#2382355Listing Office:
Pilkerton RealtorsMLS logo
31 Annandale, Nashville, TN 37215

31 Annandale, Nashville, TN 37215

$5,250,000
8,200 SqFt
5 Bedrooms
~$23,500/mo.*7 Full Baths, 4 Partial
Christina Elizabeth Jones#2381793Listing Office:
Luxury Homes of TennesseeMLS logo

About Forest Hills, TN

Number of homes for sale in Forest Hills, TN real estate market have reached 30. The number of homes for sale in Forest Hills, TN increased by 3.4% between March 2022 and April 2022. While the average time on the market in April 2022 was 44 days, the median list price was $1,527,500. Listing prices have changed in this real estate market between March 2022 and April 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 101.5%, the cost of 3 bedrooms properties went up by 41%, prices of 4 bedrooms properties went up by 29.9%, prices of 5 bedrooms properties went up by 38.8%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes inventory increased by 100%, 4 bedrooms homes did not move, 5 bedrooms homes inventory did not change. In April 2022, from all listings sold in Forest Hills, TN there were more than 3 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS for the period 05/01/2020 - 05/01/2022

IDX© 2022 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2022, 12:45:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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