Forest City, PA Home Values & Market Trends

Real estate market trends reflect that there have been 37 transactions over the past year in Forest City. The median value for residential home transactions that occurred over the previous year is $153,753.81. The number of current listings in Forest City is 1, and the percentage of properties for sale in the city is 1.00%. Forest City, PA currently has 2 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Forest City, PA Real Estate Market Overview

ZipMedian Est. Value
18421

$ 416,240

$ 161/sqft

Housing Market Summary for Forest City, PA

Apr 2023March 2024Change
Median Listing Price$269.5K$128.2K-52.44%
Median Sold Price$157.1K$128.2K-18.41%
Homes For Sale42-50.00%
Homes Sold2220-9.09%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Forest City, PA

Forest City home values range from $22,838 to $837,884. The median estimated value of a home in Forest City is $153,753.81. The median list price of a home is 195,000, and the total count of properties in the city is 933.

Foreclosure
There is 1 zips within Forest City, PA; within this zips, the median estimated home value for homes in foreclosure ranges from $354,052 in 18421 to the lowest value of $93,784 in 18421. Foreclosure homes account for 0.00% of properties in Forest City, PA with 18421 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Forest City, PA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest City, PA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Forest City, PA ranges from the highest value of $307,249 in 18421 to the lowest value of $93,784 in 18421. Bank owned homes and properties account for 0.21% of properties in Forest City, PA. There is 1 zips within Forest City, PA; 18421 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Forest City, PA. Auction homes and other auction properties account for 0% of all properties in Forest City, PA. There is 1 zips within Forest City, PA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Forest City, PA with 18421 containing 6 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Forest City, PA; homes for sale in that zips, have a range of median values from $483,450 in 18421 to the lowest value of $195,000 in 18421.
    Sold Homes
    The median value for recently sold homes ranges from $443,254 in 18421 to the lowest price of $22,838 in 18421. There is 1 zips within Forest City, PA. 18421 has 38 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.14% of properties in Forest City, PA.

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      Guide for Forest City, PA

      Market Reports
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      RealtyTrac Market Report
      Pennsylvania
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Home Buying Guides & Tips
      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      See More Articles
      Philadelphia Real Estate Market Sees Winter Downturn: 2023 Peak Gives Way to Softening Prices in 2024
      Market Reports|posted 28 February 2024

      Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.

      RealtyTrac Market Report
      Philadelphia Property Market on the Rise: A Year of Price Gains and Evolving Buyer Challenges
      Pennsylvania|posted 7 December 2023

      Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.

      Pennsylvania Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Pennsylvania Foreclosure Laws

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Recently Listed Homes Forest City, PA

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