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Housing in Forest Hills

A typical Forest Hills home is worth about $157,000

Up 0.9% in a year, 32% below the Kentucky typical home.

Typical home value
$157K
▲ 0.9% in a year · KY $233K
Zillow
Median sale price
$348K
May 2026 · Redfin
Homes sold
2
in May · 3 for sale
2-bedroom rent
$1,470
a month, utilities in · HUD
Median tax bill
$2,221
KY $1,544

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Forest Hills?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Forest Hills

Try your own numbers below.

You could afford about
$254,000
Typical Forest Hills home $157K

That covers a typical Forest Hills home, with $97K to spare.

The typical home, each month
$920
Loan $780Tax $100Insurance $50

A two-bedroom rents for about $1,470 a month here, $550 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Kentucky typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Up 7.9% in five years

Slower than Kentucky (25.2%).

Forest HillsKentucky
$100K$125K$150K$175K$200K$225K$250K20182020202220242026
Show as a table
JanuaryForest HillsKentucky
2017$110,000$131,000
2018$111,000$138,000
2019$115,000$146,000
2020$120,000$155,000
2021$135,000$173,000
2022$148,000$191,000
2023$159,000$207,000
2024$145,000$216,000
2025$154,000$229,000
2026$158,000$233,000
August 2026$157,000$233,000
Then & now

A typical Forest Hills home worth $110K in September 2016 is worth about $157K today.

+$47K
+0.9%
past year
+7.9%
past 5 years
+42.9%
since 2016

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Renting

A two-bedroom rents for about $1,470

Renters already here pay a median of $2,017.

Fair Market Rent a month, utilities included

Studio$1,120
1 bedroom$1,210
2 bedrooms$1,470
3 bedrooms$1,880
4 bedrooms$2,180
28%
of households rent · KY 32%
47
renter households
$2,017
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Louisville, KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

72% of Forest Hills households own their home

Half of Forest Hills’s homes were built before 1963.

Owners and renters
Own 72%Rent 28%

Kentucky: 68% own.

1963
typical home built · KY 1982
$2,221
median property tax bill · KY $1,544

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Forest Hills vs. its neighbors

Forest Hills is the least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Forest Hills$157K+0.9%$1,470—$68,438
Jeffersontown$251K*+4.1%†$1,49014$81,506
Hurstbourne Acres$321K*+6.2%†$1,460—$66,891

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Forest Hills buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Forest Hills still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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