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Housing in Forest City

73 homes sold in Forest City in the last year, at a typical $222K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Forest City homes are listed.

Homes sold
73
June 2025 to May 2026
Typical sale price
$222K
median, weighted by sales
Price per square foot
$156
North Carolina $207
Paid vs. asking
96.7%
12% sold over asking
For sale now
36
May 2026 · 3 sold that month
What sold · last 12 months

Houses are 100% of Forest City’s sales, at a typical $222K

73 homes sold in the year to May 2026.

Houses$222K

typical sale · 73 sold in 12 months

Per square foot
$156NC $207
Days to sell
119
Sold over asking
12%
Listings with a price cut
32%
14 years of sales

More homes sell than most years, at 2.2 times the 2016 price

73 sales in the last year, against 131 in 2022 and a low of 19 in 2013. The typical sale went from $100K in 2016 to $222K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2012: 20 sold, typical $57K’122013: 19 sold, typical $87K2014: 23 sold, typical $65K’142015: 22 sold, typical $60K2016: 44 sold, typical $100K’162017: 32 sold, typical $93K2018: 62 sold, typical $108K’182019: 49 sold, typical $123K2020: 80 sold, typical $129K’202021: 85 sold, typical $153K2022: 131 sold, typical $190K’222023: 80 sold, typical $179K2024: 76 sold, typical $211K’242025: 76 sold, typical $221KLast 12 months: 73 sold, typical $222KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Forest City

Houseat $156 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Forest City homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Forest City are rarer than before the pandemic, and more homes are for sale

We read every month of Forest City’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 73 sales.

If you’re buying in Forest City

  • Shop in November. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • You can negotiate. 32% of listings have cut their price, against 15% before the pandemic.
  • Offer under asking. Buyers paid 96.7% of the list price on average; 12% paid over.
  • You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 119 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 8 a month), but April is the most competitive: 35% of April sales close over asking. October and November offer nearly as much choice with fewer homes bid up (22%). November has the least competition (19%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 6 new listings a month, 19% sold over asking, 99 days to sellJFeb: 6 new listings a month, 22% sold over asking, 83 days to sellFMar: 7 new listings a month, 28% sold over asking, 89 days to sellMApr: 5 new listings a month, 35% sold over asking, 68 days to sellAMay: 8 new listings a month, 22% sold over asking, 84 days to sellMJun: 7 new listings a month, 28% sold over asking, 53 days to sellJJul: 8 new listings a month, 28% sold over asking, 63 days to sellJAug: 7 new listings a month, 31% sold over asking, 68 days to sellASep: 7 new listings a month, 28% sold over asking, 66 days to sellSOct: 8 new listings a month, 22% sold over asking, 103 days to sellONov: 8 new listings a month, 19% sold over asking, 69 days to sellNDec: 5 new listings a month, 20% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like North Carolina as a whole

Forest City now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price12%19%26%17%
Gone within two weeksShare of homes under contract within 14 days16%29%47%30%
Listings with a price cutShare of homes for sale that cut their price32%15%16%27%
Price paid vs. askingAverage sale price ÷ list price96.7%94.6%96.8%97.8%
Days to sellMedian days from listing to contract119765962
Supply

35 homes for sale on a typical day

That’s 4.6 times the 2012 low (8) and 115% more than in 2017–19.

2012: 8 for sale’122013: 8 for sale2014: 9 for sale2015: 14 for sale’152016: 19 for sale2017: 17 for sale2018: 15 for sale’182019: 18 for sale2020: 19 for sale2021: 22 for sale’212022: 25 for sale2023: 24 for sale2024: 32 for sale’242025: 39 for saleLast 12 months: 35 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against 15% in 2017–19 and 27% across North Carolina. More sellers are pricing high and coming down.

2015: 16%’152016: 30%2017: 17%2018: 14%’182019: 15%2020: 15%2021: 16%’212022: 23%2023: 25%2024: 30%’242025: 31%Last 12 months: 32%Now
Across North Carolina

Forest City ranks 148th of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Forest City is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Forest City home costs about $1,290 a month

Mortgage
Property tax
Insurance
Rent

Price: Forest City’s typical sale, last 12 months. Property tax at Forest City’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Forest City is affordable on local pay is on Cost of living.

Before you buy in Forest City

Six things worth knowing

8

New listings in May

The month with the most choice. December has the fewest, about 5.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $222K home, about $1,580 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Forest City, from test results, graduation and how much students grow.

Schools in Forest City
26 min

Typical commute

The average one-way trip to work for people who live in Forest City.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Lake Lure for far more

The busier markets within 25 miles of Forest City, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Shelby313$256K$15518%96
Lake Lure99$512K$2719%144
Forest City73$222K$15612%119
Rutherfordton71$342K$17911%112
Spindale49$237K$15633%118
Boiling Springs39$307K$16321%59
Chesnee32$219K$16712%76

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Forest City, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Forest City. People who follow the town see it, and so do people comparing Forest City with their own town. No commission, no listing fee.

Questions about buying a home in Forest City

What do homes sell for in Forest City, NC?

73 homes sold in the year to May 2026 at a typical $222K, $156 a square foot.

Is Forest City a buyer’s or seller’s market?

A buyer’s market: 36 homes were for sale in May 2026 and 3 sold, about 12 months of supply. Buyers paid 96.7% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Forest City?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Forest City?

About 0.7% of a home’s value a year. On a $222K home that’s near $1,580.

Where can I see homes for sale in Forest City?

Zillow, Redfin, Realtor.com and Homes.com all carry Forest City’s MLS listings; the search links above open each one filtered to Forest City.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).