Investing in FOREST HILLS

Allegheny County, Pennsylvania

Data updated Jul 19, 2026

For Sale: 24 Under Contract: 12 Upcoming Sheriff Sales: 2 Sold (12 mo): 66

Active Listings NOW

36
currently asking median $225,000
$90,000 - $439,900

Upcoming Sheriff Sales NOW

2
median starting bid $11,095
Trailing 12 months - all statistics below are computed from sales and rentals recorded in the last 12 months in FOREST HILLS, through . Live counts are tagged NOW.

Median Sold Price

$250,000
Trailing 12-month sold cohort - n=66

Median $/Sqft

$176
Trailing 12-month sold cohort - n=66

Median DOM

70 days
Trailing 12-month sold cohort - n=66

Cap Rate (at sold price)

5.66%
Median, trailing 12-month sold - n=51

ARV

$242,695
Median after-repair value, trailing 12-month sold - n=43

Median Rent

$1,615/mo
Median, trailing 12-month sold cohort - n=51
NOW Active listings today ACS U.S. Census ACS 2024

About FOREST HILLS

FOREST HILLS is a municipality in Allegheny County, Pennsylvania. As of , DealScanner is tracking 36 active listings, currently asking a median of $225,000, 2 upcoming sheriff sales, a median projected flip ROI of -7.6% on current listings (at list price). Across 66 homes sold in FOREST HILLS over the trailing 12 months, the area has a median sold price of $250,000, a median 70 days on market, a median cap rate of 5.7% (at recorded sale price), an ARV of $242,695, a median rent of $1,615/month. Trailing-12-month medians are used as the area-level basis because they are computed from a much larger sample than the 36 homes currently for sale.

Census signals for FOREST HILLS include a DealScanner neighborhood class of A--B, a median household income of $79,229, a renter share of 30.9%. These are factual census tract aggregates, not forecasts - investors typically combine them with the live deal flow above.

Investment Analysis NOW

Computed from 36 active listings in FOREST HILLS - as of

Flip ROI (at list price)
-9.2%
Active listings, not negotiated MAO
Cap Rate (at list price)
6.2%
Active listings, not negotiated MAO
ARV (active listings)
$245,351
Rent (active listings)
$1,685
Avg Rehab (Flip)
$29,664
Avg Rehab (Rental)
$16,526
Typical Condition
Mid Range rehab

Market Velocity

How quickly properties are selling in FOREST HILLS. Days-on-market window: trailing 12 months.

3.5
Months Supply
28.5%
Absorption Rate
68
Median Days on Market
Balanced Market - Supply and demand are relatively even.

Price Trends Stable

Sale Prices (last 12 months)

Median Asking Price: $250,000
Median Sold Price: $250,000
Median Price Change: 0.0%

Price Per Square Foot (last 12 months)

Asking $/sqft: $174
Sold $/sqft: $176
$/sqft Trend: +1.1%
Properties in FOREST HILLS sell for 99.8% of list price on average.
61% of properties sold at asking price, 38% sold after a price reduction (avg -10.0%), and 2% sold above initial asking.

Rental Market 26 rented

Rental activity in FOREST HILLS over the last 12 months.

Median Rent (last 12 months)

Median Rent: $1,660/mo
Based on 26 rented properties in the last 12 months.
Avg. asking → closed change: -1.3%

Rental Velocity

Avg. Days to Rent: 23 days
Median Days to Rent: 18 days
Based on 20 properties with listing date data
80% of properties rented at asking price, 20% rented after a reduction (avg -6.5%).

Frequently Asked Questions

How many homes are for sale in FOREST HILLS right now?

DealScanner is tracking 36 active listings in FOREST HILLS as of Jul 19, 2026, currently asking a median of $225,000. Of those, 24 are actively for sale (not under contract or pending).

What is the median sold price in FOREST HILLS over the last 12 months?

The trailing 12-month median sold price across 66 closed sales in FOREST HILLS is $250,000. Sold-cohort medians are a more stable basis for area-level statistics than current asking prices, especially in neighborhoods with thin active inventory.

What is the typical cap rate in FOREST HILLS (last 12 months)?

Across 66 sold homes in FOREST HILLS over the trailing 12 months, the median cap rate at recorded sale price is 5.7% and the median monthly rent is $1,615. This uses each sale's Final Price with estimated rent and a 30% expense-ratio NOI model; the cap rate at a negotiated MAO would be higher.

How many upcoming sheriff sales are scheduled in FOREST HILLS?

There are 2 upcoming sheriff sales tracked in FOREST HILLS, with a median starting bid of $11,095.

When was FOREST HILLS data last updated?

Live market data on this page was last refreshed on Jul 19, 2026. DealScanner refreshes from MLS, county records, and public sources daily.

Area Demographics ACS

U.S. Census American Community Survey 2024 - tract aggregates for FOREST HILLS

Area Class
A- - B
Median Income
$79,229
Renter %
31%
Education (Bachelor's+)
56%
Poverty Rate
4.5%

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Read the FOREST HILLS 2026 Investment Guide

In-depth analysis of FOREST HILLS as a real estate investment market: investor profile, market sentiment, opportunity by strategy (BRRRR / flip / buy-and-hold), and answers to common questions.

Read FOREST HILLS 2026 Guide