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Forest Hills, MI
Full City Profile · Michigan · Ionia County County
4.0
/5.0
A
Great
28,494
Population
578/sq mi density
$156,618
Median Income
$79,311 per capita
$474,800
Home Value
$648,391 Zillow
$1,950
Median Rent
23.3% income on rent
47°F
Avg Temperature
260 sunny days/yr
27
Violent Crime/100K
1,212 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$156,618 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$474,800 home value, $1,950/mo rent
F
Safety
1.0 / 5.0
27 violent crimes/100K
A+
Education
5.0 / 5.0
71.5% bachelor's degree or higher
Housing Overview
Median Home Value
$474,800
68% above
US avg: $281,900
Median Rent
$1,950/mo
68% above
US avg: $1,163/mo
Homeownership Rate
94.4%
44% above US avg (65.4%)
Total Housing Units
10,321
Median year built: 1988
Home Value by Source
Census Median
$474,800
Zillow (ZHVI)
$648,391
Median Sale Price
$477,500
Median List Price
$599,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.4%
Owner-Occupied
5.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$1,950/mo
Market Indicators (Redfin)
Median Days on Market
62 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$260
Active Inventory
25
homes for sale
Affordability & Housing Stock
Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
94.4%
Complete Housing Data
Home Values
| Census Median Value | $474,800 |
| Zillow Home Value (ZHVI) | $648,391 |
| Median Sale Price | $477,500 |
| Median List Price | $599,900 |
| Price Per Sq Ft | $260 |
Rent
| Census Median Rent | $1,950 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 62 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 20 |
| Active Inventory | 25 |
| Price Per Sq Ft | $260 |
Ownership & Stock
| Owner-Occupied | 94.4% |
| Renter-Occupied | 5.6% |
| Homeownership Rate | 94.4% |
| Total Housing Units | 10,321 |
| Median Year Built | 1988 |
| Rent Burden | 23.3% |