The Forest Hill housing market is somewhat competitive. The median sale price of a home in Forest Hill was $555K last month, down 1.4% since last year. The median sale price per square foot in Forest Hill is $94, down 62.8% since last year.
What is the housing market like in Forest Hill today?
In March 2024, Forest Hill home prices were down 1.4% compared to last year, selling for a median price of $555K. On average, homes in Forest Hill sell after 56 days on the market compared to 94 days last year. There were 15 homes sold in March this year, down from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$555,000
-1.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Forest Hill, NJ
$555,000
-1.4%
United States
To compare other locations to the Forest Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Newark add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Forest Hill housing market?
Forest Hill is somewhat competitive. Homes sell in 81.5 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 82 days.
Hot homes
can sell for about 5% above list price and go pending in around 29 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Ridge Street Elementary School
Public • K-8 • Choice school
745
Students
9 reviews
4/10
Elliott Street Elementary School
Public • PreK-8 • Choice school
746
Students
2 reviews
3/10
New Park School
Public • PreK-8 • Choice school
832
Students
2 reviews
2/10
Luis Munoz Marin Ele
Public • PreK-8 • Choice school
840
Students
N/A
2/10
Rafael Hernandez Elementary School
Public • PreK-8 • Choice school
762
Students
5 reviews
Only showing 5 of
7 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Forest Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forest Hill.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forest Hill has a minor risk of flooding. 28 properties in Forest Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Forest Hill. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Forest Hill has a minor risk of wildfire. There are 6 properties in Forest Hill that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Forest Hill.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Forest Hill has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forest Hill is most at risk from hurricanes. 2,682 properties in Forest Hill have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 90 mph.