Forest Hills recorded 7 closed sales in the last 30 days at a median close price of $558K. Active inventory stands at 59 listings with a median asking price of $525K ($1,025/sqft). Co-ops dominate at 61% of inventory. 37.3% price reductions among active listings. 3 new listings hit the market this week, while 62 properties are under contract. At current absorption rates, Forest Hills has approximately 8.4 months of supply, making it a buyer's market. As a Forest Hills specialist with over 25 years of experience, I track these numbers daily to give my clients a competitive edge. If you are considering buying or selling in Forest Hills, call me at (917) 416-7433 for a personalized market analysis.
Forest Hills Market Report August 2026: $525K Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
59
Active Listings
$525K
Median Asking
7
Sold (30 Days)
8.4
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 59 |
| Pending Sales | 62 |
| Median Asking Price | $525K |
| Median Price/Sqft | $1,025 |
| Avg Days on Market | N/A |
| New This Week | 3 |
| Price Reduced | 22 (37.3%) |
| Sold (Last 30 Days) | 7 |
| Sold (Last 90 Days) | 13 |
| Median Sale Price (90d) | $558K |
| Sale-to-List Ratio | 99.0% |
| Months of Supply | 8.4 (buyer's market) |
Property Mix
Recent Transactions
|
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118-17 UNION Turnpike #6L, Apt 6L | $355,000 | 1 BR | Aug 25, 2026 |
|
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78-29 AUSTIN Street #TH11, Apt TH11 | $2,199,000 | 3 BR | Aug 25, 2026 |
|
|
70-25 Yellowstone Boulevard #2M, Apt 2M | $610,000 | 2 BR | Aug 20, 2026 |
|
|
67-30 DARTMOUTH Street #3D, Apt 3D | $265,000 | 1 BR | Aug 10, 2026 |
|
|
78-29 AUSTIN Street #TH5, Apt TH5 | $2,399,000 | 3 BR | Aug 10, 2026 |
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78-29 AUSTIN Street #502, Apt 502 | $1,799,000 | 3 BR | Aug 7, 2026 |
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|
70-20 108th Street #9O, Apt 9O | $310,000 | Studio | Aug 4, 2026 |
Rental Market
No closed rentals recorded in the last 30 days for Forest Hills.
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Active Listings in Forest Hills
View All$2,988,000
50 Overhill Road
$2,188,000
102-02 Ascan Avenue
$310,000
72-35 112TH Street #2E
$999,000
90-43 70th Drive
$525,000
111-20 73RD Avenue #7K
$1,228,000
150 Burns Street #3H/3G
Data provided by the RLS at REBNY
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.