Forest Hills recorded 6 closed sales in the last 30 days at a median close price of $913K. Active inventory stands at 64 listings with a median asking price of $671K ($973/sqft). Co-ops dominate at 59% of inventory. 42.2% price reductions among active listings. 4 new listings hit the market this week, while 57 properties are under contract. At current absorption rates, Forest Hills has approximately 10.7 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 May 2026: $671K Median
Milton Coste
Licensed Real Estate Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
64
Active Listings
$671K
Median Asking
6
Sold (30 Days)
10.7
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 64 |
| Pending Sales | 57 |
| Median Asking Price | $671K |
| Median Price/Sqft | $973 |
| Avg Days on Market | N/A |
| New This Week | 4 |
| Price Reduced | 27 (42.2%) |
| Sold (Last 30 Days) | 6 |
| Sold (Last 90 Days) | 18 |
| Median Sale Price (90d) | $913K |
| Sale-to-List Ratio | 99.7% |
| Months of Supply | 10.7 (buyer's market) |
Property Mix
Recent Transactions
|
|
116-33 Union Turnpike | $1,950,000 | 5 BR | Jul 13, 2026 |
|
|
78-29 AUSTIN Street #418, Apt 418 | $1,200,000 | 2 BR | Jul 6, 2026 |
|
|
68-12 BURNS Street #C3, Apt C3 | $420,000 | 1 BR | Jul 6, 2026 |
|
|
205 PURITAN Avenue | $2,380,000 | 4 BR | Jun 29, 2026 |
|
|
78-29 AUSTIN Street #201, Apt 201 | $1,275,000 | 2 BR | Jun 23, 2026 |
|
|
78-29 AUSTIN Street #202, Apt 202 | $1,695,000 | 3 BR | Jun 22, 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$310,000
72-35 112TH Street #2E
$999,000
90-43 70th Drive
$848,000
118-17 UNION Turnpike #21K
$359,000
110-20 71st Road #206
$275,000
150 Burns Street #2G
$319,000
61-15 97th Street #8-D
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.