Forest Heights First-Time Homebuyer Report for January

Forest Heights is an average-sized city in Maryland with 2,447 residents. Its population is also growing about even with others at a 10-year growth rate of -6.0%. It should be noted that at 78.8%, most people own their homes in Forest Heights. The top school in the city is Flintstone Elementary School.

Price Range

The median value of homes in Forest Heights is $126,500, making it one of the lower priced areas in Maryland. At the same time, the average list price of available homes is presently $218,425. The Forest Heights market broke below its 12-month average sales volume this week as sales fell 20.0% to hit four homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Forest Heights:

$275K   $295K  

Typical Dwelling

The typical dwelling in Forest Heights is a three-bedroom detached home worth about $216,606. To purchase a similar home, a buyer with good credit and a $43,321 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,245 monthly payment. The property tax rate is $16.07 per $1,000 of taxable assessed value.

Get started right now by checking out Forest Heights homes for sale or reviewing Forest Heights real estate trends.


Data reported through 1/12/2017

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Exit Elite Realty
Snapped 2 homes in this area
Exit Bennett Realty
Snapped 19 homes in this area
Carrington Real Estate Services, LLC.
Snapped 4 homes in this area

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