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Forest Hills, TN

Full City Profile · Tennessee · Davidson County County

4.2 /5.0
A Great
4,802 Population 520/sq mi density
$250,001 Median Income $151,654 per capita
$1,142,200 Home Value $1,367,356 Zillow
59°F Avg Temperature 299 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
5.0 / 5.0
$250,001 median income, 0.5% unemployment
A
Affordability
4.1 / 5.0
$1,142,200 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
77.6% bachelor's degree or higher

Housing Overview

Median Home Value
$1,142,200
305% above
US avg: $281,900
Homeownership Rate
98.5%
51% above US avg (65.4%)
Total Housing Units
1,891
Median year built: 1969

Home Value by Source

Census Median
$1,142,200
Zillow (ZHVI)
$1,367,356
Median Sale Price
$1,220,000
Median List Price
$3,274,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.5%
Owner-Occupied
1.5%
Renter-Occupied
99%
2%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo

Market Indicators (Redfin)

Median Days on Market
262 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
8.7%
of listings with price reduction
Price Per Sq Ft
$367
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
11.0%
of renters spending 30%+ of income on housing
65% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
98.5%

Complete Housing Data

Home Values

Census Median Value$1,142,200
Zillow Home Value (ZHVI)$1,367,356
Median Sale Price$1,220,000
Median List Price$3,274,500
Price Per Sq Ft$367

Rent

FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market262
Sale-to-List Ratio1.0%
Price Drops8.7%
Homes Sold3
Active Inventory23
Price Per Sq Ft$367

Ownership & Stock

Owner-Occupied98.5%
Renter-Occupied1.5%
Homeownership Rate98.5%
Total Housing Units1,891
Median Year Built1969
Rent Burden11.0%