Forest Hills Home Prices & Values

$116,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.9% 1-year change
  • 5.5% 1-year forecast

The median home value in Forest Hills is $116,300. Forest Hills home values have gone up 12.9% over the past year and Zillow predicts they will rise 5.5% within the next year. The median list price per square foot in Forest Hills is $86, which is lower than the Pittsburgh Metro average of $104. The median price of homes currently listed in Forest Hills is $119,900 while the median price of homes that sold is $114,500. The median rent price in Forest Hills is $800, which is lower than the Pittsburgh Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Forest Hills 2.8 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 1.1 and also lower than the national value of 4.3

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Relative ZHVI
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Forest Hills Market Overview

Data through Jun 30, 2014
  • $116,300 ZHVI
  • 5.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $119,900 Median listing price
  • $114,500 Median sale price (May 31, 2014)
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Forest Hills Market Health

Data through Jun 30, 2014
  • 9.8/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

2.8 homes(Dec 31, 2012) Forest Hills
1.1 homes Pittsburgh Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Edgewood $206,500 Churchill $178,100 Wilkins Township $92,100
Braddock Hills $78,400 Swissvale $70,300 Wilkinsburg $56,100
East Pittsburgh $44,200 Rankin $43,700 Braddock $43,100

Listings & Sales

Data through Jun 30, 2014
  • $86 Median list price / sq ft
  • $78 Median sale price / sq ft (May 31, 2014)
  • 34.1% Listings with price cut
9.1%
Sold below listing
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Forest Hills Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,085 Forest Hills
$1,085 Pittsburgh Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $800 Rent list price
  • No data Rent list price / sq ft
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