Home prices
The median home value in Forest Home is $334,400. Compared to its nearby areas this is roughly $47,840 (16%) higher.It is about $116,900 (53%) higher compared to the entire nation, and compared to the city of Rochester it is about $251,300 (302%) higher.
Rents
Forest Home's median rent is $1,172 a month. This is roughly $100 (7%) lower in comparison to nearby areas.It is about $110 (10%) higher compared to the rest of the nation, and compared to the city of Rochester is about $324 (38%) higher.
Nearby places
Cayuga Heights
Cayuga Heights is Forest Home's neighbor to the northwest. The housing prices there are a bit more expensive. The cost of the median home in Cayuga Heights is $413,000, which works out to $78,600 (19%) higher than Forest Home. The rent there is fairly similar. The median monthly rent in Cayuga Heights is $1,185, which is $13 (1%) higher than Forest Home.
Ithaca
Ithaca is Forest Home's neighbor to the west. Housing prices there are a lot less expensive. The value of the median home in Ithaca is $239,100, which comes out to $95,300 (39%) lower than Forest Home. Rents there are fairly similar. Ithaca's median monthly rent is $1,203, which works out to $31 (2%) higher than Forest Home.
Northeast Ithaca
Northeast Ithaca is roughly 1 mile north from Forest Home. The housing prices there are somewhat less expensive. Northeast Ithaca's median home cost is $260,400, which works out to $74,000 (28%) lower than Forest Home. The rent there is a little more expensive. In Northeast Ithaca the median monthly rent is $1,415, which is $243 (17%) higher than Forest Home.
East Ithaca
East Ithaca is about 1 mile south from Forest Home. Real estate prices there are a lot less expensive. The median home value in East Ithaca is $242,900, which comes out to $91,500 (37%) lower than Forest Home. Rents there are pretty similar. In East Ithaca the median monthly rent is $1,136, which is $36 (3%) lower than Forest Home.
Lansing
Lansing is about 2 miles north of Forest Home. The housing prices there are somewhat less expensive. Lansing's median home cost is $277,400, which is $57,000 (20%) lower than Forest Home. Rent there is a little more expensive. In Lansing the median monthly rent is $1,421, which works out to $249 (17%) higher than Forest Home.
