Forestdale, MA—02644
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Forestdale, MA
Home Price Trends — Forestdale, MA
As of Oct '25, the median home price in Forestdale, MA is $630,000, with a year-over-year change of 1.6%. This indicates that home prices in Forestdale, MA are increasing. According to Zillow, the 1-year price projection is 3.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $630,000 | 1.6% |
| Single Family | $635,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $488,000 | 0.0% |
3 Bed | $630,000 | 1.6% |
4 Bed | $710,000 | 2.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Forestdale, MA
Forestdale, MA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $3,000 | $3,000 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Forestdale, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Forestdale, MA is 38. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $657,000 | -14.0% |
Listing Count | 13 | -9.0% |
| Listings as % of Homes | 0.5% | -9.0% |
Days on Market | 38 | -26.0% |
Demographics — Forestdale, MA
As of the latest ACS Survey released in 2023, Forestdale, MA has a population of 3,620, which has decreased by -16.6% over the past 5 years. Forestdale, MA is a moderately popular place for families, as children make up 25.0% of the population. The area has a moderately educated workforce, with 39.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,620 | -16.6% |
% Under 18 | 25.0% | 21.4% |
% Seniors | 13.5% | -0.7% |
% WFH | 6.4% | 73.0% |
% w/ College Degree | 39.1% | 42.2% |
As of the latest ACS Survey released in 2023, Forestdale, MA is a predominantly white area, with 93.3% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Forestdale, MA is hispanic, making up 1.8% of the population. Foreign-born residents account for 1.2% of the population in Forestdale, MA, and this percentage has decreased by 76.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.3% | 0.2% |
% Black | 0.0% | N/A |
% Hispanic | 1.8% | -69.5% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 1.2% | -76.5% |
Mortgage and Risk — Forestdale, MA
According to HUD data as of 2023, there were 158 mortgage originations in Forestdale, MA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Forestdale, MA. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 158 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Forestdale, MA
Forestdale, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | 4.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,810 |
| 2 Bedroom | -$630 | $3,000 | $2,370 |
| 3 Bedroom | N/A | N/A | $2,910 |
| 4 Bedroom | N/A | N/A | $3,340 |
Affordability — Forestdale, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $630,000 |
| Median Household Income | $105,000 |