Market Overview
Home Prices in Forestville, MI
The median home value in Forestville, MI is $135,742 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and down 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forestville are priced67% below average.
Price History
Forestville Home Price Trend
2022
$165,482
$165K
—
2023
$144,845
$145K
-12.5%
2024
$137,616
$138K
-5.0%
2025
$132,733
$133K
-3.5%
2026
$135,742
$136K
+2.3%
City Comparison
Forestville vs. National Median
🏠 Forestville
$135,742
National Median
$410,000
At $135,742, homes in Forestville cost 67% below the national median of $410,000. This makes Forestville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forestville?
20% Down Payment
$27,148
on $135,742
Monthly P&I
$708/mo
30-yr @ 6.8%
Total Monthly Est.
~$899/mo
incl. taxes & insurance
Income Needed
$35,960
gross annual (30% rule)
10% Down Option
$13,574
+ PMI applies
Loan Amount (20% dn)
$108,594
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 Forestville, MI?
The median home value in Forestville is $135,742 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.3% year-over-year.
How much have home prices changed in Forestville?
Over the past year, home values in Forestville have increased by 2.3%.
How much do I need to earn to buy a home in Forestville?
To comfortably afford the median home price of $135,742 with a 20% down payment ($27,148) at today's rates (6.8%), you'd need a gross annual income of approximately $35,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Forestville compare to the national average home price?
The national median home value is approximately $410,000. At $135,742, homes in Forestville are 67% below the national average.