Forest Heights Housing market report
Is Forest Heights, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Forest Heights was a Buyer's Market.
Key Takeaway
Forest Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Forest Heights, OR
How much do homes in Forest Heights, OR cost?
Median Sold Price
$1,541,500
$260/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Forest Heights have sold for 12.9% more than they did a month ago.
Summary: The median home sold price in Forest Heights was $1,541,500 in April 2024, up 12.9% from last month, and the median price per square foot was $260.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | MAR 2024 | APR 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - |
N/A
|
| 2 Bedrooms | - | - |
N/A
|
| 3 Bedrooms | - | - |
N/A
|
| 4 Bedrooms | - | - |
N/A
|
| 5+ Bedrooms | $1.3M | $1.5M |
+12.9%
|
Summary: Forest Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Forest Summit | $895K | $1.1M |
+32.4%
|
| Forest Heights | $1.3M | $1.5M |
+12.9%
|
How does Forest Heights, OR compare with other places?
FOREST HEIGHTS, OR
$1.5M +23% YoYAPR 2024
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Data and numbers shown are subject to change and may vary based on different timeframes.
Housing Supply in Forest Heights, OR
How many homes are available in Forest Heights, OR?
Number of Homes For Sale
| MAR 2024 | APR 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Forest Heights real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | MAR 2024 | APR 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 |
0.0%
|
| 2 Bedrooms | 0 | 0 |
0.0%
|
| 3 Bedrooms | 1 | 1 |
0.0%
|
| 4 Bedrooms | 3 | 4 |
+33.3%
|
| 5+ Bedrooms | 6 | 6 |
0.0%
|
Summary: The Forest Heights 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 increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| MAR 2024 | APR 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Forest Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Forest Heights in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Forest Heights, OR
How long does it take to sell a home in Forest Heights, OR?
Average Sale Time
| MAR 2024 | APR 2024 | CHANGE |
|---|---|---|
| 248 Days | 47 Days | -81.0% |
Summary: Homes in Forest Heights had an average of 47 days on market in Apr 2024, down by 81% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Forest Heights are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Forest Heights; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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