Forest Hill, Everman, TX—76140
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Forest Hill, Everman, TX
As of Oct '25, the median home price in Forest Hill, Everman, TX is $244,000, with a year-over-year change of -4.6%. This indicates that home prices in Forest Hill, Everman, TX are decreasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $244,000 | -4.6% |
| Single Family | $244,000 | -4.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $184,000 | -3.7% |
3 Bed | $231,000 | -4.5% |
4 Bed | $287,000 | -5.3% |
| 5 Bed | $344,000 | -4.7% |
% of Housing Stock
Rental Trends — Forest Hill, Everman, TX
As of July '25, Rentcast reports the average rent in Forest Hill, Everman, TX is $1,780, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Forest Hill, Everman, TX is 1-bedrooms: $1,130, 2-bedrooms: $1,400, 3-bedrooms: $1,900, 4-bedrooms: $2,160. The most common rental property sizes in Forest Hill, Everman, TX are 3-bedroom and 4-bedroom, accounting for 49.2% and 19.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,780 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,110 | $1,130 |
| 2 Bed Rent | $1,380 | $1,400 |
| 3 Bed Rent | $1,850 | $1,900 |
| 4 Bed Rent | $2,150 | $2,160 |
% of Rental Stock
Property Listings — Forest Hill, Everman, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Forest Hill, Everman, TX is 62. This is a increase of 23.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $300,000 | 0.0% |
Listing Count | 147 | -1.0% |
| Listings as % of Homes | 0.7% | -1.0% |
Days on Market | 62 | 23.0% |
Demographics — Forest Hill, Everman, TX
As of the latest ACS Survey released in 2023, Forest Hill, Everman, TX has a population of 31,700, which has increased by 3.4% over the past 5 years. Forest Hill, Everman, TX is a popular place for families, as children make up 30.6% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,700 | 3.4% |
% Under 18 | 30.6% | 0.0% |
% Seniors | 9.6% | 10.3% |
% WFH | 7.3% | 135.5% |
% w/ College Degree | 18.3% | 19.6% |
As of the latest ACS Survey released in 2023, Forest Hill, Everman, TX is a predominantly hispanic area, with 39.0% of the population identifying as hispanic. The hispanic population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in Forest Hill, Everman, TX is black, making up 35.4% of the population. Foreign-born residents account for 17.7% of the population in Forest Hill, Everman, TX, and this percentage has decreased by 3.3% 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 | 19.8% | -25.8% |
% Black | 35.4% | 18.4% |
% Hispanic | 39.0% | -2.0% |
% Asian | 3.0% | 66.7% |
% Foreign Born | 17.7% | -3.3% |
Mortgage and Risk — Forest Hill, Everman, TX
According to HUD data as of 2023, there were 240 mortgage originations in Forest Hill, Everman, TX, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 59.0% above 90% LTV (very high). This implies large mortgage risk in Forest Hill, Everman, TX. Investor activity is low, as 5.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 240 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Forest Hill, Everman, TX
As of 2024, the percent of homes in Forest Hill, Everman, TX under the Section 8 program is 16.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Forest Hill, Everman, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 532 |
Total Units Section 8 | 532 |
% Rentals under Section 8 | 16.7% |
% Occupied Section 8 | 79.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,110 | $1,450 |
| 2 Bedroom | $310 | $1,380 | $1,690 |
| 3 Bedroom | $390 | $1,850 | $2,240 |
| 4 Bedroom | $580 | $2,150 | $2,730 |
Affordability — Forest Hill, Everman, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $244,000 |
| Median Household Income | $73,200 |