Forest Hills recorded 7 closed sales in the last 30 days at a median close price of $808K. Active inventory stands at 70 listings with a median asking price of $583K ($929/sqft). Co-ops dominate at 61% of inventory. 37.1% price reductions among active listings. 5 new listings hit the market this week, while 49 properties are under contract. At current absorption rates, Forest Hills has approximately 10 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: $583K Median
Milton Coste
Licensed Associate Broker at Keller Williams NYC
NY License #10301213304 | (917) 416-7433
70
Active Listings
$583K
Median Asking
7
Sold (30 Days)
10
Months of Supply
Price Trends
Inventory Breakdown
| Metric | Value |
|---|---|
| Active Listings | 70 |
| Pending Sales | 49 |
| Median Asking Price | $583K |
| Median Price/Sqft | $929 |
| Avg Days on Market | N/A |
| New This Week | 5 |
| Price Reduced | 26 (37.1%) |
| Sold (Last 30 Days) | 7 |
| Sold (Last 90 Days) | 12 |
| Median Sale Price (90d) | $808K |
| Sale-to-List Ratio | 99.8% |
| Months of Supply | 10 (buyer's market) |
Property Mix
Recent Transactions
|
|
112-01 Queens Boulevard #17H, Apt 17H | $995,000 | 2 BR | Jun 11, 2026 |
|
|
78-29 AUSTIN Street #TH10, Apt TH10 | $2,225,000 | 3 BR | Jun 11, 2026 |
|
|
50 Shorthill Road | $3,425,000 | 6 BR | May 27, 2026 |
|
|
110-15 71ST Road #3M, Apt 3M | $345,000 | 1 BR | Jun 9, 2026 |
|
|
70-25 Yellowstone Boulevard #8N, Apt 8N | $770,000 | 2 BR | May 20, 2026 |
|
|
69-09 108TH Street #105, Apt 105 | $330,000 | 1 BR | May 18, 2026 |
|
|
78-29 AUSTIN Street #413, Apt 413 | $905,000 | 1 BR | May 20, 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$1,239,000
68-42 Loubet Street
$310,000
72-35 112TH Street #2E
$308,000
68-12 BURNS Street #A3
$375,000
71-36 110th Street #4C
$310,000
70-20 108th Street #9O
$250,000
105-33 66th Avenue #1G
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.