Preforeclosure Homes in Forest Hills, MI

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Home Value Estimator For Forest Hills, MI

There are currently 2 real estate properties in Forest Hills, MI, with a median automated valuation model (AVM) price of $270,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Forest Hills, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Forest Hills, MI, is $281,950.00, with the most expensive house in Forest Hills, MI, topping out at $293,000.00 and the cheapest home in Forest Hills, MI, clocking in at $270,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest Hills, MI!

Rent Prices In Forest Hills, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest Hills, MI, is on a rollercoaster ride. The average rent price in Forest Hills, MI, is $1,625.00. Indeed, when looking to rent in Forest Hills, MI, you can expect to pay as little as $1,620.00 or as much as $1,630.00, with the average rent median estimated to be $1,620.00. The good news is that finding an affordable and desirable property to rent in Forest Hills, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Forest Hills, MI In 2024

Forest Hills is located in Kent, Michigan, with an estimated municipal population of 27,830 residents. All of the best foreclosed homes for sale in Forest Hills are located in the following zip code areas on 49301 49546 49355 49356 49357 49516. The estimated population per square kilometer (.62 miles) in Forest Hills is 218.

Cost Of Living In Forest Hills, MI

So, about how much do homes cost in Forest Hills? The most recent median value of resident-owned homes in Forest Hills is 347,448. An estimated 93.4 percent of households in Forest Hills own their homes, with an average family size of 3.14. The median household income in Forest Hills is 119,404, with58.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Forest Hills, the median commute time of resident workers (in minutes) is 21.5. And last, but certainly not least, are you looking for homes to rent in Forest Hills? If so, the average rent price paid by renters in Forest Hills is 1,368, according to recent statistics.

Diversity And Demographics In Forest Hills, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Forest Hills, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Forest Hills is 42.5, split between 48.9 percent male versus 51.1 female. The percentage of residents who report being married in Forest Hills is 67, with an average family size of 3.14.

The percentage of residents who report their race in Forest Hills is as follows:

White 91.4%
Black / African American 1.8%
Asian 4.6%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Forest Hills? Or maybe you are searching for 55+ active adult communities in and/or near Forest Hills?

The percentage of residents who report their age in Forest Hills is as follows:

Under 10 12.9%
Aged 10-19 16%
20s 6.3%
30s 10.1%
40s 15.6%
50s 15%
60s 13%
70s 8.5%
80+ 2.5%

Best Schools In Forest Hills, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Forest Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Forest Hills.

Pros And Cons Of Living In Forest Hills, Michigan

How do you know that living in -- or moving to -- Forest Hills is right where you need to be? Perhaps you grew up in Forest Hills or already live nearby; therefore, the decision to buy a home in Forest Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Forest Hills for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Forest Hills:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Forest Hills.

Reasons To Move To Forest Hills, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Forest Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Forest Hills, meanwhile, can field multiple offers from more qualified buyers.

Forest Hills, MI Preforeclosure Homes


Listing types in Forest Hills, MI

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