Is Forest Hills a buyer's or seller's market right now?

Forest Hills is currently a seller's market with 1.3 months of supply. 10.5% of homes sell above asking price, and 26.3% go pending within two weeks. The Ridley Sell Score for Forest Hills is 62/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Forest Hills?

The median home price in Forest Hills is $671,790, up 28.1% year-over-year. The median price per square foot is $238. Homes sell in a median of 66 days with a sale-to-list ratio of 98.6%.

How much does it cost to sell a home in Forest Hills, Michigan?

On a $671,790 home in Forest Hills, a traditional listing agent charges around $20,154 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $53,743 or more. With Ridley Essentials ($999) you save $19,155, and with Ridley Pro ($3,499) you save $16,655 while getting full agent support.

How does Ridley's flat fee compare to a traditional Forest Hills agent?

A traditional Forest Hills listing agent typically charges 3% of the sale price — about $20,154 on a $671,790 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $19,155–$16,655 compared to a traditional agent.

How long does it take to sell a home in Forest Hills?

The median home in Forest Hills currently spends 66 days on the market before going under contract. 26.3% of homes go pending within two weeks. At a 98.6% sale-to-list ratio, sellers are seeing some negotiation. Only 29.2% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Michigan?

No. Michigan does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $671,790 home, that could save you up to $16,655.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Michigan. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $20,154 commission.

National/Michigan

Forest Hills, MI

Is Now a Good Time to Sell in Forest Hills, Michigan?

The median home in Forest Hills sells for $671,790 with prices up 28.1% year-over-year. The average seller pays $20,154 in commissions — Ridley’s flat fee saves you $16,655.

Forest Hills Real Estate Market Conditions — March 2026

62out of 100

Ridley Sell Score

How it's scored →

Moderate

62/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Forest Hills market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Watch for competing listings dropping prices — come in sharp from day one. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

1.3 months of supply — well below the 5-month balanced threshold — 52% below the Michigan average of 2.7.

Price MomentumFavors sellers

Prices up 28.1% year-over-year — vs. +5.6% statewide.

Seller LeverageNeutral

Homes selling at 98.6% of asking — buyers are negotiating 1.4% below list. Michigan average is 97.4%.

Bidding ActivityFavors buyers

10.5% of homes selling above list price — 56% below the Michigan average of 24.1%.

Sale SpeedNeutral

66 median days on market — 21 days slower than the Michigan average.

Market UrgencyNeutral

26.3% of listings go pending within 2 weeks — vs. 34.5% statewide.

Price StabilityFavors buyers

29.2% of listings have dropped their price — accurate initial pricing is critical. Michigan average is 28.1%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$671,790

+28.1%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$238

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

98.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

1.3

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

10.5%

Room to negotiate

Price Drops

Percentage of active listings that had a price reduction.

29.2%

Pricing matters

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

26.3%

Slower pace

12-Month Price Trend

$507,500 → $671,790

▲32.4%

$700K$600K$500K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Forest Hills — delivered monthly.

Your savings

How much can you save selling your home in Forest Hills?

The average Forest Hills homeowner saves $16,655 by selling with Ridley instead of paying the traditional 3% listing commission on a $671,790 home.

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

Your Forest Hills home value

$671,790

$50,000$10M

Traditional Agent (3%)

$20,154

Ridley Pro (flat fee)

$3,499

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Cost comparison

How much does it cost to sell a house in Forest Hills?

The total cost to sell a house in Forest Hills in 2026 ranges from $999 with Ridley Essentials to approximately $20,154 with a traditional 3% commission on a $671,790 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$20,154	$3,499	$999	$0
Buyer agent	$18,8102.8% avg	$13,436~2% avg	$13,436~2% avg	$18,8102.8% avg
Closing costs (~1.5%)	$10,077	$10,077	$10,077	$10,077
Total cost	$49,041	$27,012	$24,512	$28,887
Net proceeds	$622,749	$644,778	$647,278	$642,903
You save	—	$16,655	$19,155	$20,154No support