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 Units by Size|
|Five Bedrooms or more||13.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.79|
|Median year structure was built||1966|
|Median Value of occupied units||$373,400|
|Median Price asked for vacant units||$191,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.08|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||1.50%|
|Home Equity Loan||11.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.5%|