Market Overview
Home Prices in Forest Hill, LA
The median home value in Forest Hill, LA is $197,638 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest Hill are priced52% below average. Forest Hill is part of the Alexandria, LA metro area.
Over the past five years, Forest Hill home values have fallen by approximately2.4%, reflecting softening conditions in this market.
Price History
Forest Hill Home Price Trend
City Comparison
Forest Hill vs. National Median
At $197,638, homes in Forest Hill cost 52% below the national median of $410,000. This makes Forest Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forest Hill?
20% Down Payment
$39,528
on $197,638
Monthly P&I
$1,031/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,309/mo
incl. taxes & insurance
Income Needed
$52,360
gross annual (30% rule)
10% Down Option
$19,764
+ PMI applies
Loan Amount (20% dn)
$158,110
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 Hill, LA?
The median home value in Forest Hill is $197,638 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Forest Hill?
Over the past year, home values in Forest Hill have decreased by 2.4%. Over five years, prices have fallen approximately 2.4%.
How much do I need to earn to buy a home in Forest Hill?
To comfortably afford the median home price of $197,638 with a 20% down payment ($39,528) at today's rates (6.8%), you'd need a gross annual income of approximately $52,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Forest Hill compare to the national average home price?
The national median home value is approximately $410,000. At $197,638, homes in Forest Hill are 52% below the national average.
What metro area is Forest Hill part of?
Forest Hill is part of the Alexandria, LA metropolitan area. Home prices and market conditions can vary across the broader metro region.