Market Overview
Home Prices in Forest Hills, KY
The median home value in Forest Hills, KY is $161,784 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest Hills are priced61% below average.
Over the past five years, Forest Hills home values have risen by approximately9.4%, reflecting steady appreciation in this market.
Price History
Forest Hills Home Price Trend
2020
$127,831
$128K
—
2021
$147,841
$148K
+15.7%
2022
$160,862
$161K
+8.8%
2023
$150,602
$151K
-6.4%
2024
$157,993
$158K
+4.9%
2025
$158,447
$158K
+0.3%
2026
$161,784
$162K
+2.1%
City Comparison
Forest Hills vs. National Median
🏠 Forest Hills
$161,784
National Median
$410,000
At $161,784, homes in Forest Hills cost 61% below the national median of $410,000. This makes Forest Hills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forest Hills?
20% Down Payment
$32,357
on $161,784
Monthly P&I
$844/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,072/mo
incl. taxes & insurance
Income Needed
$42,880
gross annual (30% rule)
10% Down Option
$16,178
+ PMI applies
Loan Amount (20% dn)
$129,427
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Forest Hills, KY?
The median home value in Forest Hills is $161,784 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in Forest Hills?
Over the past year, home values in Forest Hills have increased by 2.1%. Over five years, prices have risen approximately 9.4%.
How much do I need to earn to buy a home in Forest Hills?
To comfortably afford the median home price of $161,784 with a 20% down payment ($32,357) at today's rates (6.8%), you'd need a gross annual income of approximately $42,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Forest Hills compare to the national average home price?
The national median home value is approximately $410,000. At $161,784, homes in Forest Hills are 61% below the national average.