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Short Sale Listings in Forest Hills, KY 41527

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Living in Forest Hills, KY

Forest Hills, KY is a picturesque suburb known for its tranquil environment, spacious homes, and commitment to community. Families are drawn to the area's excellent schools and parks, while the convenient access to urban amenities enhances its appeal. This makes it a desirable location for real estate investment, combining quality living with growth potential.

Current Market Conditions in Forest Hills, KY

The real estate market in Forest Hills is currently experiencing a steady rise in home values, driven by demand for family-friendly neighborhoods with good schools and local amenities. Prospective investors can benefit from the growing interest in suburban living, especially post-pandemic as more people seek homes with outdoor space.

Additionally, the area is seeing an uptick in renovations and new construction, indicating a healthy interest in development. This creates opportunities for investors to enter a promising market that is positioned for continued growth.

Home Value Estimator For Forest Hills, KY

There are currently 122 real estate properties in Forest Hills, KY, with a median automated valuation model (AVM) price of $162,247.00. 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, KY, 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, KY, is $172,576.00, with the most expensive house in Forest Hills, KY, topping out at $539,169.00 and the cheapest home in Forest Hills, KY, clocking in at $27,120.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest Hills, KY!

Rent Prices In Forest Hills, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest Hills, KY, is on a rollercoaster ride. The average rent price in Forest Hills, KY, is $872.00. Indeed, when looking to rent in Forest Hills, KY, you can expect to pay as little as $420.00 or as much as $1,720.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Forest Hills, KY -- 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.

Forest Hills, KY 41527 Short Sale Listings


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