Forest Hills, MI Real Estate

According to census data in the year 2000 there were 7,377 housing units in Forest Hills. This represents a 29.7% growth from 5,686 in 1990.

Of those housing units, 5,735 were located in either urbanized areas or urban clusters, and 1,642 were located in what is classified as a rural area.

Homeownership rate in Forest Hills is about 95.2%. Forest Hills's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.94 people.

The majority of houses, apartments or condos in Forest Hills were built after 1979.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.30%
Two Bedrooms11.20%
Three Bedrooms37.90%
Four Bedrooms37.30%
Five Bedrooms or more12.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.01
Median year structure was built1979
Median Value of occupied units$212,600
Median Price asked for vacant units$281,300

Rented Homes, Apartments and Condos

Average Household Size1.64
Median year structure was built1975
Median Monthly Rent asked for vacant units$329

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.90%
Home Equity Loan15.80%
Simple Mortgage56.40%
Debt Free21.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%