Commercial Real Estate Market in Forest Hill, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 454 off-market properties in Forest Hill, TX.
Market Trends
Forest Hill, TX spans 43.2 square miles in Tarrant County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Forest Hill, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Forest Hill, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Forest Hill, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Forest Hill, TX asks $211/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Market overview
Demographics & Economy
Forest Hill, TX has 83,473 residents in 27,402 households. Density runs 1,930 people per square mile. Median household income here is $56,963 and median gross rent $1,373 a month.
83,473
Population
27,402
Households
3
Avg Household Size
32
Median Age
12%
College-Educated
71%
High-School Grad
43.2 sq mi
ZIP Area
1,930
Density / Sq Mi
$56,963
Median Household Income
$32,667
Median Earnings
$1,373
Median Rent
$170,214
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Everman | — | $11.33 |
| Kennedale | — | — |
| Edgecliff Village | — | — |
| Benbrook | — | — |
Frequently Asked Questions
Where does Realmo's Forest Hill market data come from?
Realmo compiles Forest Hill, TX figures from 23 active sale listings, 3 active lease listings, 454 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 3 active for-lease listings in Forest Hill, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
