FORREST HILL ESTATES
Homes for Sale in CLEARWATER, FL

Community in CLEARWATER · Pinellas County · ZIP 33756
648 homesBuilt 1915–2023Median sale $267K
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Built fromLive Stellar MLS data19 years of closingsFL DOR public recordsUpdated twice daily
Live · FORREST HILL ESTATES Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$267K
Median sold · 12 mo
$276/sf
Sold $/sqft · 12 mo
peak $298 in 2023
98.7%
Sale vs ask
Pinellas median: 93.4%
Tempo
4days
Median DOM · closed
1 days at the 2021 low
3
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
68%
Owner-occupied · FORREST HILL ESTATES
443 of 651 parcels homesteaded (FL DOR 2025)
32%
Non-owner-occupied · FORREST HILL ESTATES
incl. 12% trust or LLC-held · 8% out-of-state
33%
Cash buyers · FORREST HILL ESTATES
1 of 3 sales, 12 mo ending June 2026
648
Homes in the community
plus 3 vacant residential lots · 651 residential parcels (FL DOR 2025)
Track record · 19 years of records
Est. 1915
Community established
homes built 1915-2023, median 1960 (FL DOR 2025)
0
Failed listings · 2025
peaked at 6 in 2025
1,054sqft
Median sold home size
12-mo windows, closed sales
0.5%/yr
Turnover rate
about 3 of 648 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and lot far more than by a tidy per-square-foot rule. The median home was built in 1960, but the stock stretches from 1915 to 2023, so on any given block you can find an original cottage next to a rebuild. That spread is why the median sits at $267,000 while the median works out to about $276 per square foot on roughly 1,428 square feet — you are paying for what has been done to the house, not for a uniform product.

The market posture is fast. A median of four days on market with a heat score of 65 tells you well-prepped listings clear quickly, and buyers should expect to move with financing lined up. The year-over-year median is down 4.3%, so this is not a runaway market — it is a quick one. Sellers get speed if the home is priced to its actual condition; buyers get a short window to decide, which rewards preparation over hesitation.

The 60-Second Overview

FORREST HILL ESTATES market snapshot (as of August 2, 2026): the median sale price is about $267K ($276 per sq ft over the trailing 12 months of closed sales), and a median 4 days on market for closed sales.

FORREST HILL ESTATES is a community of 648 homes in CLEARWATER, Pinellas County, built between 1915 and 2023 (median 1960), with a median living area of about 1,428 square feet. 68% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Forrest Hill Estates is a 648-home pocket of Clearwater in Pinellas County where the housing dates back more than a century in places, and the current market moves quickly on well-presented homes. With about 68% of homes carrying a homestead exemption, this reads as an owner-occupied area rather than an investor churn.

Best for

  • Owner-occupant buyers around the mid-$260s who can commit quickly on a well-prepped home
  • Renovation-minded buyers who can price condition and don't need turnkey
  • Long-term holders who value an owner-occupied area over quick flips

Probably not for

  • Buyers who need new construction and consistent, predictable finishes
  • Anyone who wants weeks to deliberate before writing an offer
  • Investors chasing rapid churn rather than steady ownership

Windows contain 0 to 9 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2007 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K$300K20122014201620182020202220242026
Every sale since 2007 · price vs size
$0$200K$400K1k2k2k
54 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$30020122014201620182020202220242026
Up from $116 in 2012 to a $298 peak in 2023; $276 now.
Median days on market · closed sales
0204020122014201620182020202220242026
1 days at the 2021 low; 4 now.
Sale price vs original ask · median
95%100%20122014201620182020202220242026
98.7% now vs Pinellas 93.4%.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 3 in the current window.
Sellers who gave up · failed listings per year
024620062008201020162020202220242025
Canceled, expired, or withdrawn. 6 quit in 2025; 0 so far in 2025. The clearest stress gauge a community has.
How much local inventory is already under contract

16% of homes for sale in ZIP 33756 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).

If we were buying in FORREST HILL ESTATES today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in FORREST HILL ESTATES.

Best Buy
Buyers who want an owner-occupied Clearwater pocket and can act fast.
Biggest Risk
Wide condition spread across a 1915-to-2023 stock makes valuation tricky.
Sweet Spot
A renovated older home near the median footprint, priced to its condition.
Avoid If
You need a slow, deliberate search or want uniform, new construction.

Age, condition, and a fast clock

The defining feature is age variance. A median build year of 1960 inside a range from 1915 to 2023 means no two comps are truly alike — a renovated older home and a tired one of the same footprint can sit far apart in value. Treat per-square-foot figures as a starting reference, not a verdict, and underwrite the roof, systems, and any additions on their own merits.

Speed compounds that. With a median of four days on market, there is little time to study a home slowly, so the diligence has to happen before you tour. The recent snapshot rests on a thin closings window of three, so read the median as directional rather than precise, and lean on current condition-level comps when you set an offer or a list price.

The location and the amenities are priced into every listing in FORREST HILL ESTATES. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In an area this old and this fast, the money is made or lost on reading condition correctly and moving before the median four days runs out. We walk the systems, not just the finishes, price to the actual house rather than a blanket per-foot number, and get you positioned to act quickly when the right listing surfaces.

FORREST HILL ESTATES in 15 seconds.

Best forBuyers who want an owner-occupied Clearwater pocket and can act fast.
Biggest advantageA high homestead share and a wide range of vintages give you real choice.
Biggest riskWide condition spread across a 1915-to-2023 stock makes valuation tricky.
Sweet spotA renovated older home near the median footprint, priced to its condition.
Avoid ifYou need a slow, deliberate search or want uniform, new construction.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FORREST HILL ESTATES sales matched to your home.

What is your FORREST HILL ESTATES home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in FORREST HILL ESTATES?
The median sale price in FORREST HILL ESTATES was $267K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in FORREST HILL ESTATES take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 4 days on market (3 sales, Stellar MLS).
How many homes are in FORREST HILL ESTATES?
The Florida DOR 2025 assessment roll shows 648 homes plus 3 vacant residential lots in FORREST HILL ESTATES (public records).
What share of FORREST HILL ESTATES is owner-occupied?
68% of FORREST HILL ESTATES parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in FORREST HILL ESTATES built?
Homes in FORREST HILL ESTATES were built between 1915 and 2023, with a median year built of 1960 (FL DOR 2025 roll).
Do cash buyers compete in FORREST HILL ESTATES?
Cash buyers took 33% of FORREST HILL ESTATES sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for FORREST HILL ESTATES?
The best agent for FORREST HILL ESTATES is one who actively works CLEARWATER and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for FORREST HILL ESTATES.
How do I find a top CLEARWATER real estate agent who knows FORREST HILL ESTATES?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows FORREST HILL ESTATES and the wider CLEARWATER area.
Can Momentum Realty connect me with an agent for FORREST HILL ESTATES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your FORREST HILL ESTATES purchase or sale - no call center and no pressure.
Owner-occupant buyers around the mid-$260s who can commit quickly on a well-prepped homeExcellent fit
Renovation-minded buyers who can price condition and don't need turnkeyExcellent fit
Long-term holders who value an owner-occupied area over quick flipsExcellent fit
Buyers who need new construction and consistent, predictable finishesProbably not
Anyone who wants weeks to deliberate before writing an offerProbably not
Investors chasing rapid churn rather than steady ownershipProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (9 streets, ZIP 33756))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2007 (54 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in FORREST HILL ESTATES? 3 recorded closings; median 4 days on market (window ending 2026-08-02). See the Pinellas County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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