Key January 2026 Market Metrics in Forest Hills, NY

Median sale price stands at $738,000, reflecting a stable yet slightly moderated value compared to previous months. This signals opportunities for buyers evaluating affordability, particularly those targeting affordable homes in Forest Hills, NY this January 2026. For sellers, it provides a robust pricing precedent without sharp volatility.

The active inventory totals 122 listings, offering ample choice in the area. Why does this matter? When inventory is up, buyers can be more selective, while sellers must ensure competitive presentation and pricing. Meanwhile, 24 closed sales and 34 new listings this month demonstrate healthy transactional activity and ongoing listing replenishment.

• Average days on market: 63
• List-to-sale price ratio: 96.2 percent
• Months of supply: 4.1
• Year-over-year closed sales change: -8.3 percent
• Year-over-year median price change: -2.5 percent
• Year-over-year inventory change: +12 percent

Why Inventory and Pricing Movements Matter in January 2026

If you are wondering "is it a good time to buy in Forest Hills, NY?" consider how increased inventory and a slight dip in median price create windows of opportunity. As more listings arrive, buyers are positioned to make more informed choices and negotiate favorable terms. Sellers, meanwhile, contend with an environment that rewards accurate pricing and standout marketing.

Sellers assessing "how to sell your house fast in Forest Hills, NY" will note that with days on market rising to 63, quick, competitive listing strategies become paramount. The Allstar Team believes that homes presented well and listed intelligently still move quickly, especially in a balanced market.

Sectors by Property Type: January 2026 in Forest Hills, NY

Breaking out by property type, median sale prices for co-ops ($357,000) and condos ($592,000) each anchor their respective segments. Co-ops saw 50 percent of all residential closed sales this month, revealing enduring demand—why it matters: co-op buyers have strong entry options and sellers must anticipate accordingly. Condos, with an average of $680 per square foot, continue drawing attention from those valuing amenities and updated space.

The Allstar Team brings experience in helping clients strategize whether buying co-op, condo, or traditional residential homes. Every January presents different dynamics, but long-tail local phrases such as "affordable homes in Forest Hills, NY this January 2026" mean concrete opportunities persist for both price-conscious and move-up buyers.

Rental Market Sample and Buyer-Seller Strategy

While aggregate rental data is not available this month, individual listing samples show one-bedroom units averaging $2,400 per month and two-bedroom options near $3,200, typically taking 28 days to fill. Why it matters: for investors, this underscores marketable rental timelines, while tenants and landlords alike should remain aware of the rapid local leasing cycles.

Looking Forward: What January 2026 Trends Mean for You

Preparing to Enter the Market

For buyers, competition remains manageable and options are broader. Sellers should refine their approach, drawing upon real-time data, sharp listing photography, and flexible showing schedules.

Agent Perspective: Forest Hills, NY Market in January 2026

Forest Hills, NY continues to serve commuters, investors, and long-term residents with strong property value fundamentals. Agents like The Allstar Team stand ready to leverage January 2026 data for informed client guidance. Maximize your outcome in Forest Hills, NY with the right market strategies and advice from local experts.