The Forest Ridge housing market is very competitive. The median sale price of a home in Forest Ridge was $302K last month, up 23.4% since last year. The median sale price per square foot in Forest Ridge is $180, down 5.3% since last year.
What is the housing market like in Forest Ridge today?
In March 2024, Forest Ridge home prices were up 23.4% compared to last year, selling for a median price of $302K. On average, homes in Forest Ridge sell after 34 days on the market compared to 28 days last year. There were 14 homes sold in March this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$302,250
+23.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Forest Ridge, TX
$302,250
+23.4%
United States
To compare other locations to the Forest Ridge and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Garland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Forest Ridge housing market?
Forest Ridge is very competitive. Homes sell in 26.5 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 27 days.
Hot homes
can sell for about 2% above list price and go pending in around 17 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
Bradfield Elementary School
Public • PreK-5 • Choice school
488
Students
19 reviews
6/10
O Henry Elementary School
Public • PreK-6
447
Students
4 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Forest Ridge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forest Ridge.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forest Ridge has a minor risk of flooding. 48 properties in Forest Ridge are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Forest Ridge. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Forest Ridge has a minor risk of wildfire. There are 20 properties in Forest Ridge that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Forest Ridge.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Forest Ridge has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forest Ridge is most at risk from hurricanes. 1,923 properties in Forest Ridge have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 81 mph.