Forest Hills, TN Real Estate

According to census data in the year 2000 there were 1,788 housing units in Forest Hills. This represents a 12% growth from 1,597 in 1990.

Of those housing units, 1,409 were located in either urbanized areas or urban clusters, and 379 were located in what is classified as a rural area.

Homeownership rate in Forest Hills is about 97.8%. Forest Hills's vacancy rate, including seasonal lodging, is about 3.6%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Forest Hills were built after 1966.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.20%
Two Bedrooms3.10%
Three Bedrooms31.50%
Four Bedrooms50.50%
Five Bedrooms or more13.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1966
Median Value of occupied units$373,400
Median Price asked for vacant units$191,300

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1959
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.50%
Second Mortgage8.80%
Home Equity Loan11.50%
Simple Mortgage46.80%
Debt Free31.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%