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Forest Hills, MI Housing

 
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As of 2010-2014, median price of a house in Forest Hills is $268,600, which is much higher than the state average of $120,200 and is higher than the national average of $175,700. The Forest Hills median house value has grown by 26.34% since 2000. The growth rate for the price of a house in Forest Hills is higher than the state average rate of 3.98% and is lower than the national average rate of 46.91%. The median year that a house in Forest Hills was built is 1986, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 8,761 Owner Occupied Houses in Forest Hills, MI, #24
Forest Hills, MI
268,600 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #116
Forest Hills, MI
26.34%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Forest Hills, MIMichiganU.S.
Total Housing Units9,535, see rank, 100%4,532,719132,741,033
Occupied Housing Units9,281, 97.34%, see rank84.45%87.55%
Owner Occupied8,761, 91.88%, see rank60.41%56.34%
Renter Occupied520, 5.45%, see rank24.04%31.21%
Vacant Housing Units254, 2.66%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only79, 0.83%, see rank1.40%1.20%
Rented or Sold, Not Occupied44, 0.46%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use115, 1.21%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant16, 0.17%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #25
Forest Hills, MIMichiganU.S.
198619691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Forest Hills, MI%MichiganU.S.
Owner-Occupied Units8,761100%2,738,01274,787,460
With a Mortgage6,32672.21%, see rank63.63%65.58%
Without a Mortgage2,43527.79%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Forest Hills, MI
1,918 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsForest Hills, MI%MichiganU.S.
$299 or Less00.00%, see rank0.19%0.20%
$300 to $499130.21%, see rank1.88%1.59%
$500 to $699530.84%, see rank6.65%5.01%
$700 to $9992634.16%, see rank19.56%14.32%
$1,000 to $1,4991,39922.12%, see rank34.69%27.90%
$1,500 to $1,9991,68426.62%, see rank20.06%20.35%
$2,000 to $2,9991,59425.20%, see rank12.84%19.52%
$3,000 or More1,32020.87%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Forest Hills, MI
18.40% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Forest Hills, MI%MichiganU.S.
10% or Less65210.31%, see rank5.90%5.86%
10% to 20%2,98047.11%, see rank35.28%31.95%
20% to 30%1,46823.21%, see rank27.51%27.64%
30% to 40%67510.67%, see rank12.63%13.74%
40% or More5518.71%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Forest Hills, MI
676 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsForest Hills, MI%MichiganU.S.
$199 or Less00.00%, see rank4.74%7.76%
$200 to $299712.92%, see rank12.46%14.70%
$300 to $49946519.10%, see rank40.41%34.63%
$500 to $69977131.66%, see rank25.95%21.16%
$700 or More1,12846.32%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Forest Hills, MI
10.10% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Forest Hills, MI%MichiganU.S.
10% or Less1,21049.69%, see rank35.33%40.19%
10% to 20%74430.55%, see rank33.76%31.47%
20% to 30%1988.13%, see rank13.39%12.24%
30% to 40%1566.41%, see rank6.18%5.64%
40% or More1275.22%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Forest Hills, MIMichiganU.S.
Total Housing Units9,535, 100%4,532,719132,741,033
1-unit, Detached8,614, 90.34%, see rank71.97%61.65%
1-unit, Attached584, 6.12%, see rank4.66%5.82%
2 Units13, 0.14%, see rank2.58%3.75%
3 or 4 Units57, 0.60%, see rank2.56%4.43%
5 to 9 Units75, 0.79%, see rank4.20%4.78%
10 or More Units192, 2.01%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Forest Hills, MIMichiganU.S.
Total Housing Units9,535, 100%4,532,719132,741,033
1 Room31, 0.33%, see rank1.24%1.95%
2 Rooms13, 0.14%, see rank1.78%2.48%
3 Rooms126, 1.32%, see rank7.14%9.13%
4 Rooms205, 2.15%, see rank14.38%16.60%
5 Rooms482, 5.06%, see rank21.00%20.41%
6 Rooms1,135, 11.90%, see rank20.07%18.06%
7 Rooms1,557, 16.33%, see rank13.45%12.27%
8 Rooms1,537, 16.12%, see rank9.27%8.48%
9 Rooms or More4,449, 46.66%, see rank11.67%10.60%
Median Rooms8.30, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Forest Hills, MIMichiganU.S.
Total Housing Units9,535, 100%4,532,719132,741,033
No Bedroom31, 0.33%, see rank1.35%2.17%
1 Bedroom160, 1.68%, see rank9.11%11.16%
2 Bedrooms876, 9.19%, see rank26.33%26.69%
3 Bedrooms3,208, 33.64%, see rank43.93%39.70%
4 Bedrooms3,655, 38.33%, see rank15.80%16.05%
5 or More Bedrooms1,605, 16.83%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Forest Hills, MIMichiganU.S.
Total Housing Units9,281, 100%3,827,880116,211,092
Utility Gas7,914, 85.27%, see rank77.13%48.85%
Bottled, Tank, or LP Gas616, 6.64%, see rank8.48%4.86%
Electricity327, 3.52%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.182, 1.96%, see rank1.40%5.86%
Coal or Coke14, 0.15%, see rank0.03%0.12%
Wood184, 1.98%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel44, 0.47%, see rank0.86%0.47%
No Fuel Used0, 0.00%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalForest Hills, MIMichiganU.S.
Occupied Units Paying Rent499, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $2990, 0.00%, see rank3.88%3.18%
$300 to $49915, 3.01%, see rank9.32%7.37%
$500 to $69964, 12.83%, see rank23.63%16.01%
$700 to $99928, 5.61%, see rank35.23%29.17%
$1,000 to $1,499230, 46.09%, see rank20.17%26.88%
$1,500 to $1,999102, 20.44%, see rank3.85%9.79%
$2,000 or More60, 12.02%, see rank2.06%6.10%
Median$1,221, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Forest Hills, MIMichiganU.S.
Occupied Housing Units9,281, 100%3,827,880116,211,092
No Vehicles Available128, 1.38%, see rank7.97%9.12%
1 Vehicles Available1,561, 16.82%, see rank35.06%33.80%
2 Vehicles Available4,654, 50.15%, see rank38.45%37.48%
3 or More Vehicles Available2,938, 31.66%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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