Listing Office: Real Broker, LLC
Forest City Housing Market Report February 2025•Rutherford County, North Carolina
Housing Prices in Forest City, NC
How much do homes in Forest City, NC cost?
Housing Market Conditions
Is Forest City, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Forest City is a Buyer's Market
Difference Since February 2024
At the same time last year, Forest City was a Seller's Market.
Forest City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Forest City have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Forest City was $227,750 in February 2025, up 11.9% from last year, and the median price per square foot was $159.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Spindale | $156K | $184.9K | +18.5% |
Cool Spring Township | $200K | $226.5K | +13.3% |
Forest City | $203.5K | $227.7K | +11.9% |
Rutherfordton Township | $250K | $258.7K | +3.5% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $131.5K | $125.5K | -4.6% |
22 Bedrooms | $165K | $154.2K | -6.5% |
33 Bedrooms | $204.4K | $232.7K | +13.8% |
44 Bedrooms | $255.7K | $307K | +20.0% |
55+ Bedrooms | $238K | $287K | +20.6% |
Summary: Forest City housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.6%. The home price for 2 bedroom homes decreased by -6.5%. The home price for 3 bedroom homes increased by +13.8%. The home price for 4 bedroom homes increased by +20.0%. The home price for 5 bedroom homes increased by +20.6%.
Housing supply in Forest City, NC
How many homes are available in Forest City, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
81Last MonthFeb 2025 | ||
772 months agoJan 2025 | +5.2 % Change MoMJan – Feb |
Summary: The Forest City real estate market had 81 homes for sale in Feb 2025, a 5.2 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
6Last MonthFeb 2025 | ||
92 months agoJan 2025 | -33.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 8 | 8 | 0.0% |
33 Bedrooms | 54 | 55 | +1.9% |
44 Bedrooms | 11 | 14 | +27.3% |
55+ Bedrooms | 4 | 4 | 0.0% |
Summary: Forest City housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +1.9%. The inventory for 4 bedroom homes increased by +27.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Forest City, NC cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price4 Homes
If you're buying a home in Forest City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Forest City in February 2025, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for Forest City, NC
How long does it take to sell a home in Forest City, NC?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Forest City are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 6 homes were sold in Forest City; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
42 DaysThis YearFeb 2025 | ||
58 Days1 year agoFeb 2024 | -27.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Forest City had an average listing age of 42 days in Feb 2025, down by 27.4% compared to the previous year.
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Newest Listings in Forest City, NC
What homes are available in Forest City, NC?
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MLS Disclaimers and Copyright
Based on information from Canopy MLS, and Greater Greenville MLS for the period 03/01/2023 - 03/01/2025

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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.