Is Forest Hills, KY 41527 a buyer’s or seller’s market?
Forest Hills is a seller’s market. With about 3.2 months of supply and 0% 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 Forest Hills housing market right now
In the three months ending August 31, 2026, 0% of homes in Forest Hills, KY 41527 sold above their list price, the typical home went under contract in 139 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 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (52 days then) and the median sale price fell 23% to $94,959. Overall, Forest Hills is less competitive than a year ago, which gives buyers more room.
Within Pike County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Kimper 41539 (25% sold over asking) and Virgie 41572 (20% sold over asking) are even more competitive.
Run the numbers for 41527
Nearby markets
Belcher 41513Seller’s market $74 /sq ftBelfry 41514Buyer’s market $61 /sq ftCanada 41519 — /sq ftElkhorn City 41522Seller’s market $104 /sq ft Browse all markets →Where Forest Hills is
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Questions about Forest Hills real estate
Is Forest Hills a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Forest Hills, KY 41527 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 Forest Hills?
The typical home went under contract in 139 days in the latest three months.
Do homes in Forest Hills sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 79.2% of the list price.
What are property taxes in Forest Hills?
About 0.69% of a home’s value a year in Pike County, or roughly $2,760 on a $400,000 home.
What is the median home price in Forest Hills?
The median sale price was $94,959 in the three months ending August 31, 2026, about $71 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