Milton Coste

Licensed Real Estate Associate Broker

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NYC Neighborhood Comparison

Forest Hills vs Sheepshead Bay

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Queens|Brooklyn

Forest Hills

Queens

Sheepshead Bay

Brooklyn

How They Compare

For buyers focused on affordability, Forest Hills has the lower median sale price at $615K vs $753K in Sheepshead Bay.

Investors analyzing rental yield will find Forest Hills offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$615K
$753K
Median Rent
$3K
$3K
Active Listings
348
332
Avg Days on Market
69.5 days
90 days
YoY Price Change
+57.9%
+13.2%
Monthly Sales Volume
47
48

Detailed Comparison

MetricForest HillsSheepshead Bay
Median Sale Price$615,000$752,500
Median Condo Price$814,600$450,000
Median Co-op Price$400,000$245,000
Median Rent$2,977.5$2,999.5
Active Listings348332
Rental Inventory22886
Days on Market69.590
Price Cut Share12.4%10.2%
Monthly Sales Volume4748
YoY Price Change+57.9%+13.2%
YoY Rent Change+14.5%+9.1%
YoY Inventory Change+15.6%+31.7%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Forest Hills moved +57.9% over the past year, compared to +13.2% in Sheepshead Bay. The +57.9% gain in Forest Hills reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Forest Hills

Forest Hills is a sought-after and architecturally distinctive Queens neighborhood known for its lush greenery and exceptional architecture. The area is famous for Forest Hills Gardens, a private community featuring stunning Tudor-style homes and winding streets. The broader neighborhood offers a mix of grand pre-war cooperatives, modern luxury condominiums, and the popular shopping and dining destination of Austin Street, providing a suburban feel within the city limits.

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Sheepshead Bay

Sheepshead Bay is a scenic waterfront neighborhood in Southern Brooklyn, famous for its fishing fleet, piers, and seafood restaurants. The area offers a unique maritime atmosphere with a relaxed, residential vibe. The real estate market features a mix of traditional multi-family brick houses, spacious pre-war cooperatives, and a growing number of modern luxury condominiums that offer stunning views of the bay and easy access to the beaches of Coney Island and Manhattan Beach.

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Transit Access

Forest Hills

No subway data available

Sheepshead Bay

No subway data available

Active Listings

Forest Hills for sale

View all Forest Hills listings

Sheepshead Bay for sale

View all Sheepshead Bay listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is 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. Data last updated: 1/1/1970.

Frequently Asked Questions

Is Forest Hills cheaper than Sheepshead Bay?
Yes, Forest Hills has a lower median sale price at $615,000 compared to $752,500 in Sheepshead Bay as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Forest Hills or Sheepshead Bay?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Forest Hills or Sheepshead Bay?
This depends on what type of home fits your household. Forest Hills and Sheepshead Bay both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Forest Hills or Sheepshead Bay?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Forest Hills and Sheepshead Bay gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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