Market Overview
Home Prices in Forest Hill, MD
The median home value in Forest Hill, MD is $521,244 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 1.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest Hill are priced27% above average. Forest Hill is part of the Baltimore-Columbia-Towson, MD metro area.
Over the past five years, Forest Hill home values have risen by approximately18.4%, reflecting steady appreciation in this market.
Price History
Forest Hill Home Price Trend
City Comparison
Forest Hill vs. National Median
At $521,244, homes in Forest Hill cost 27% above the national median of $410,000. Buyers in Forest Hill should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Forest Hill?
20% Down Payment
$104,249
on $521,244
Monthly P&I
$2,718/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,452/mo
incl. taxes & insurance
Income Needed
$138,080
gross annual (30% rule)
10% Down Option
$52,124
+ PMI applies
Loan Amount (20% dn)
$416,995
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, MD?
The median home value in Forest Hill is $521,244 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Forest Hill?
Over the past year, home values in Forest Hill have increased by 1.5%. Over five years, prices have risen approximately 18.4%.
How much do I need to earn to buy a home in Forest Hill?
To comfortably afford the median home price of $521,244 with a 20% down payment ($104,249) at today's rates (6.8%), you'd need a gross annual income of approximately $138,080. 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 $521,244, homes in Forest Hill are 27% above the national average.
What metro area is Forest Hill part of?
Forest Hill is part of the Baltimore-Columbia-Towson, MD metropolitan area. Home prices and market conditions can vary across the broader metro region.