The story of this market
The typical home in Forest Hills, Tennessee sells for about $5,499,000, or $1,283 per square foot.
Homes take about 108 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $6,500 a month.
Monthly price momentum
Home values since 2015
-0.4%
TN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Forest Hills, Tennessee
Forest Hills remains a highly exclusive, low-density residential enclave with a market defined by ultra-luxury estate properties. The lack of municipal property taxes and high median household income continue to drive demand among affluent buyers, though the market is characterized by very low transaction volume and high price points.
No ARED county foreclosure postings attributed to Forest Hills yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 108 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 97.12% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.2% · poverty 6.7% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Located nearby, this protected natural area offers extensive hiking trails and wildlife viewing, serving as a major recreational anchor for the region.
Forest Hills is ideal for affluent families and high-net-worth individuals seeking privacy, large estate lots, and a quiet, semi-rural lifestyle within close proximity to the amenities of Nashville.
Forest Hills is served by the Metropolitan Nashville Public Schools system, which provides a range of educational options for residents in the area.
The city is primarily accessed via Hillsboro Pike, serving as a key corridor connecting residents to the Nashville metropolitan core.
The city is known for its heavily wooded, rolling terrain and large residential lots, offering a quiet, park-like atmosphere that emphasizes privacy and natural beauty.
The rental market is characterized by high-end, single-family luxury homes with limited inventory and robust demand for premium, long-term leasing options.
The local economy is primarily residential, with residents largely participating in the broader Nashville professional and executive labor markets.
The city maintains a low-density, residential character with limited commercial development, focusing on preserving its natural landscape and estate-style housing.
Development is strictly regulated to maintain the city's low-density, estate-residential character, with minimal new commercial construction approved.
The city is served by the Metropolitan Nashville Public Schools district.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Tennessee) — Tennessee Property Tax Assessment: Property is assessed at a percentage of its fair market value: 25% for residential property. The tax amount is calculated by multiplying the assessed value by the local tax rate (per $100 of assessed value).
Data retrieved from Census ACS 5-Year 2023 tables.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.