Is Forestburgh, NY 12777 a buyer’s or seller’s market?
Forestburgh is a seller’s market. With about 3.2 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Forestburgh housing market right now
In the three months ending August 31, 2026, 22% of homes in Forestburgh, NY 12777 sold above their list price, the typical home went under contract in 75 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (165 days then) and the median sale price fell 11% to $409,823. Overall, Forestburgh is more competitive than a year ago, so tougher for buyers.
Within Sullivan County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell more often over asking than in 63%.
Nearby, buyers who want less competition could look at Woodbourne 12788 (0% sold over asking) or White Lake 12786 (0% sold over asking), while Kenoza Lake 12750 (100% sold over asking) and Mountain Dale 12763 (100% sold over asking) are even more competitive.
Run the numbers for 12777
Nearby markets
Barryville 12719Buyer’s market $336 /sq ftBethel 12720 — /sq ftBloomingburg 12721Balanced $234 /sq ftCallicoon 12723Balanced $275 /sq ft Browse all markets →Where Forestburgh is
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Questions about Forestburgh real estate
Is Forestburgh a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Forestburgh, NY 12777 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Forestburgh?
The typical home went under contract in 75 days in the latest three months.
Do homes in Forestburgh sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.
What are property taxes in Forestburgh?
About 2.00% of a home’s value a year in Sullivan County, or roughly $8,000 on a $400,000 home.
What is the median home price in Forestburgh?
The median sale price was $409,823 in the three months ending August 31, 2026, about $262 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology