Market Overview
Home Prices in Forest City, PA
The median home value in Forest City, PA is $214,712 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.3% compared to a year ago and up 10.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest City are priced48% below average. Forest City is part of the Scranton--Wilkes-Barre, PA metro area.
Over the past five years, Forest City home values have risen by approximately47.2%, reflecting strong long-term appreciation in this market.
Price History
Forest City Home Price Trend
City Comparison
Forest City vs. National Median
At $214,712, homes in Forest City cost 48% below the national median of $410,000. This makes Forest City a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Forest City?
20% Down Payment
$42,942
on $214,712
Monthly P&I
$1,120/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,422/mo
incl. taxes & insurance
Income Needed
$56,880
gross annual (30% rule)
10% Down Option
$21,471
+ PMI applies
Loan Amount (20% dn)
$171,770
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 City, PA?
The median home value in Forest City is $214,712 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 Forest City?
Over the past year, home values in Forest City have increased by 2.3%. Over five years, prices have risen approximately 47.2%.
How much do I need to earn to buy a home in Forest City?
To comfortably afford the median home price of $214,712 with a 20% down payment ($42,942) at today's rates (6.8%), you'd need a gross annual income of approximately $56,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Forest City compare to the national average home price?
The national median home value is approximately $410,000. At $214,712, homes in Forest City are 48% below the national average.
What metro area is Forest City part of?
Forest City is part of the Scranton--Wilkes-Barre, PA metropolitan area. Home prices and market conditions can vary across the broader metro region.