Home Values

Forest Hills Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$301,600

  • 7.5% 1-year change
  • 3.9% 1-year forecast

The median home value in Forest Hills is $301,600. Forest Hills home values have gone up 7.5% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in Forest Hills is None. The median rent price in Forest Hills is $1,495, which is higher than the Grand Rapids Metro median of $925.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Forest Hills is 1.5%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Forest Hills homeowners underwater on their mortgage is 5.7%, which is lower than Grand Rapids Metro at 14.5%.

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Relative ZHVI
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Forest Hills Market Overview

Data through Apr 30, 2015
  • $301,600 ZHVI
  • 3.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $267,185 Median sale price
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Forest Hills Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 5.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
East Grand Rapids $267,300
Cascade Township $236,700
Caledonia Township $207,600
Name Median ZHVI
Grand Rapids Township $201,800
Rockford $187,600
Lowell Township $163,700
Name Median ZHVI
Northview $131,200
Kentwood $122,300
Grand Rapids $95,400

Listings & Sales

  • No data
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Forest Hills Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,754 Forest Hills
    $1,178 Grand Rapids Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,495 Rent list price
  • No recent data Rent list price / sq ft
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