Forest Hill, TX Real Estate
According to census data in the year 2000 there were 3,855 housing units in Forest Hill.
This represents a 1.4% decline from 3,909 in 1990.
Of those housing units, 3,855 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Forest Hill is about 82.7%.
Forest Hill's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 3.04 people.
The majority of houses, apartments or condos in Forest Hill were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 5.50% |
| Two Bedrooms | 13.30% |
| Three Bedrooms | 69.60% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 0.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $56,000 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.57 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $245 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 60.30% |
| Debt Free | 30.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
