Forest Hill, LA—71430
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Forest Hill, LA
As of Oct '25, the median home price in Forest Hill, LA is $166,000, with a year-over-year change of -2.9%. This indicates that home prices in Forest Hill, LA are decreasing. According to Zillow, the 1-year price projection is -3.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $166,000 | -2.9% |
| Single Family | $166,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $216,000 | -0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Forest Hill, LA
Forest Hill, LA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $1,850 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $1,850 | $1,850 |
% of Rental Stock
Property Listings — Forest Hill, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in Forest Hill, LA is 219. This is a increase of 245.0% from last year, suggesting that homes are sitting on the market longer 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 | $260,000 | -44.0% |
Listing Count | 3 | -25.0% |
| Listings as % of Homes | N/A | -25.0% |
Days on Market | 219 | 245.0% |
Demographics — Forest Hill, LA
As of the latest ACS Survey released in 2023, Forest Hill, LA has a population of 2,530, which has remained stable by -0.9% over the past 5 years. Forest Hill, LA is a popular place for families, as children make up 36.0% of the population. The area has a poorly educated workforce, with 16.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,530 | -0.9% |
% Under 18 | 36.0% | 45.2% |
% Seniors | 10.5% | -61.8% |
% WFH | 9.9% | 65.0% |
% w/ College Degree | 16.7% | 50.5% |
As of the latest ACS Survey released in 2023, Forest Hill, LA is a predominantly white area, with 50.3% of the population identifying as white. The white population has shrunk by 32.1% in the last 5 years. The second most common race or ethnicity in Forest Hill, LA is hispanic, making up 38.4% of the population. Foreign-born residents account for 24.7% of the population in Forest Hill, LA, and this percentage has increased by 133.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.3% | -32.1% |
% Black | 7.1% | ∞% |
% Hispanic | 38.4% | 113.3% |
% Asian | 1.1% | 1,000.0% |
% Foreign Born | 24.7% | 133.0% |
Mortgage and Risk — Forest Hill, LA
According to HUD data as of 2023, there were 29 mortgage originations in Forest Hill, LA, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Forest Hill, LA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 29 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Forest Hill, LA
Forest Hill, LA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $850 |
| 2 Bedroom | N/A | N/A | $1,120 |
| 3 Bedroom | N/A | N/A | $1,520 |
| 4 Bedroom | -$160 | $1,850 | $1,690 |
Affordability — Forest Hill, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $166,000 |
| Median Household Income | $39,900 |