Forest Hills recorded 5 closed sales in the last 30 days at a median close price of $300K. Active inventory stands at 78 listings with a median asking price of $592K ($744/sqft). Co-ops dominate at 59% of inventory. 34.6% price reductions among active listings. 4 new listings hit the market this week, while 43 properties are under contract. At current absorption rates, Forest Hills has approximately 15.6 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: $592K Median
Milton Coste
Live from REBNY/RLS
May 19, 2026
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
78
Active Listings
$592K
Median Asking
5
Sold (30 Days)
15.6
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 78 |
| Pending Sales | 43 |
| Median Asking Price | $592K |
| Median Price/Sqft | $744 |
| Avg Days on Market | N/A |
| New This Week | 4 |
| Price Reduced | 27 (34.6%) |
| Sold (Last 30 Days) | 5 |
| Sold (Last 90 Days) | 5 |
| Median Sale Price (90d) | $300K |
| Sale-to-List Ratio | 100.0% |
| Months of Supply | 15.6 (buyer's market) |
Property Mix
Condo 29% (23)
Co-op 59% (46)
Condop 0% (0)
Recent Transactions
|
64-05 YELLOWSTONE Boulevard #405A, Apt 405A | $920,000 | 2 BR | May 15, 2026 |
|
78-29 AUSTIN Street #414, Apt 414 | $845,000 | 1 BR | May 14, 2026 |
|
105-28 65TH Avenue #1052865AVE, Apt 1052865AVE | $215,000 | Studio | Apr 23, 2026 |
|
105-28 65TH Avenue #4C, Apt 4C | $215,000 | Studio | Apr 23, 2026 |
|
67-07 YELLOWSTONE Boulevard #5G, Apt 5G | $300,000 | 1 BR | May 1, 2026 |
Rental Market
1
Closed Rentals (30 Days)
$3,200/mo
Median Rent
| Type | Count | Median Rent | Range |
|---|---|---|---|
| 2 BR | Limited data | Limited data | Limited data |
Based on 1 transaction. Limited volume may result in atypical metrics.
Recent Transactions
|
68-23 Exeter Street #2, Apt 2 | $3,200/mo | 2 BR | May 15, 2026 |
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Active Listings in Forest Hills
View All
$840,000
107-06 Queens Boulevard #9-E
1 bed
1 bath
676 sqft
Condo
$815,000
78-29 AUSTIN Street #316
1 bed
1 bath
731 sqft
Condo
$1,429,000
78-29 AUSTIN Street #PH2N
2 beds
2 baths
1,069 sqft
Condo
$1,225,000
78-29 AUSTIN Street #420
2 beds
2 baths
1,062 sqft
Condo
$1,799,000
78-29 AUSTIN Street #502
3 beds
2 baths
1,565 sqft
Condo
$2,399,000
78-29 AUSTIN Street #TH4
3 beds
3 baths
2,467 sqft
Condo
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.