Home Value Trail

Forest City town, NC home price history and building permits

Rutherford CountyForest City, NCNorth Carolina

  • Price trail: Rutherford County
  • FHFA annual index 1989 to 2025
  • Developmental index
  • Permits through

The annual files of FHFA have no index for a city. The line on this page is the index of Rutherford County, the county of Forest City town. The FHFA annual house price index for Rutherford County increased by 113.6% from 2015 to 2025. Building permits in Forest City town authorized 42 housing units in the 12 months to August 2026.

2015

The annual files of FHFA have no index for a city. These figures are for the index of Rutherford County, the county of Forest City town.

+113.6%

From 2015 to 2025, the FHFA annual all-transactions index for Rutherford County increased by 113.6%.

From 2015 to 2025, the average change in each year is +7.9%, compounded.

Same span at each level: 2015 to 2025
AreaChangeBar
Rutherford County+113.6%
Forest City, NC+113.6%
North Carolina+106.6%
United States+85.0%
Rutherford County FHFA annual all-transactions index, 100 in 1989
  • Rutherford County
  • United States, set to the same start
  • Recession (NBER dates)
  • Your span

This is the price trail of Rutherford County, not of Forest City town. The annual files of FHFA have no index for a city.

Index values for each year
FHFA annual all-transactions index for Rutherford County, 1989 to 2025
YearIndexChange from the year before
2025388.66+3.4%
2024375.91+6.7%
2023352.36+10.6%
2022318.62+19.6%
2021266.32+14.2%
2020233.19+4.6%
2019222.96+5.6%
2018211.21+8.3%
2017195.10+4.2%
2016187.15+2.8%
2015181.97+6.3%
2014171.11−1.6%
2013173.81+1.5%
2012171.29−4.1%
2011178.66−5.1%
2010188.26−6.2%
2009200.81−0.8%
2008202.34+1.7%
2007198.94+8.5%
2006183.32+5.5%
2005173.71+6.3%
2004163.41+3.8%
2003157.50+2.9%
2002153.06+3.7%
2001147.54+4.5%
2000141.25+6.2%
1999133.04+4.6%
1998127.19+3.2%
1997123.23+1.2%
1996121.74+3.6%
1995117.55+7.6%
1994109.28+0.1%
1993109.13+5.2%
1992103.76−1.4%
1991105.26+3.7%
1990101.49+1.5%
1989100.00n/a

Each figure is the change of the FHFA annual all-transactions index, from the year that you pick to 2025. It is a change for the area. It is not the change in the value of your home, and it does not use the price that you paid.

The average for each year is a compounded annual change. The guide to values explains more.

When using the FHFA House Price Calculator, please note that it does not project the actual value of any particular house.

FHFA, about its own House Price Calculator: Federal Housing Finance Agency, House Price Index Datasets, HPI Calculator, copied on . The calculator of FHFA uses quarterly figures. For the states and the 100 largest metro areas it uses the purchase-only index. Its figures can differ from the figures here.

Since the last FHFA release

No recorded FHFA release changed a figure of Rutherford County. The record of releases starts with the next FHFA release. FHFA releases recorded by this site

Same span, every level

Change in the FHFA annual index to 2025: Rutherford County and the areas above it
Area1 year2024 to 20255 years2020 to 202510 years2015 to 202520 years2005 to 2025Since 20002000 to 2025Each yearaverage of 10 years
Rutherford County+3.4%+66.7%+113.6%+123.7%+175.2%+7.9%
Forest City, NC+3.4%+66.7%+113.6%+123.7%+175.2%+7.9%
North Carolina+2.5%+60.4%+106.6%+117.3%+159.5%+7.5%
United States+2.8%+47.0%+85.0%+79.1%+158.3%+6.3%

The annual files of FHFA have no index for Forest City town. The first row is the index of Rutherford County.

Building permits in Forest City town

In the 12 months to August 2026, building permits in Forest City town authorized 42 housing units. That is 5.7 units for each 1,000 residents. In the 12 months before, permits authorized 20 units.

Housing units authorized by month, latest 24 months
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each month
Housing units authorized by building permits in Forest City town, by month
MonthAll units1 unit2 or more units
Aug 2026220
Jul 2026550
Jun 2026440
May 2026330
Apr 2026000
Mar 2026220
Feb 2026000
Jan 2026110
Dec 2025110
Nov 20251174
Oct 20251174
Sep 2025220
Aug 2025000
Jul 2025110
Jun 2025330
May 2025440
Apr 2025000
Mar 2025110
Feb 2025220
Jan 2025422
Dec 2024110
Nov 2024000
Oct 2024110
Sep 2024330
Housing units authorized in the 12 months to August 2026, by size of building
FigureForest City townRutherford CountyNorth CarolinaUnited States
All units4225787,8531,418,086
In buildings with 1 unit34 (81%)221 (86%)61,266 (70%)888,241 (63%)
In buildings with 2 units8361,29234,814
In buildings with 3 or 4 units0032117,298
In buildings with 5 or more units0 (0%)0 (0%)24,974 (28%)477,733 (34%)
Units for each 1,000 residents5.73.97.84.1
Change from the 12 months before+110.0%+4.5%+2.0%−0.1%
Housing units authorized by year, 1995 to 2025
  • Units in buildings with 1 unit
  • Units in buildings with 2 or more units
Units for each year
Housing units authorized by building permits in Forest City town, by year
YearAll units1 unit2 or more units
2025403010
202425250
202324240
202218162
2021770
202015150
2019990
201812120
2017990
2016770
2015000
2014220
2013220
2012440
2011550
2010660
2009550
2008880
200718180
2006660
2005550
2004440
2003000
2002770
200112210
2000532
1999642
1998532
19971046
1996936
19951284

A permit authorizes construction. It does not show that the work started or that it is complete. For a place that does not report each month, the Census Bureau imputes the monthly figures.

Agency pages

  • Building Permits SurveyUS Census BureauThe survey of housing units that building permits authorize.
  • FHFA House Price IndexFederal Housing Finance AgencyThe index page of FHFA: data, tools and the release dates.
  • FHFA HPI CalculatorFederal Housing Finance AgencyThe calculator of FHFA. It works by quarter, for a state or a metro area.

Each link loaded on .

Cite this page

Home Value Trail. Forest City town, NC home price history and building permits. https://homevaluetrail.com/city/nc/forest-city-town/. Source: US Census Bureau, Building Permits Survey; Federal Housing Finance Agency, annual house price index for Rutherford County. FHFA release of .

Where the figures come from

Building permits
US Census Bureau, Building Permits Survey, place files through August 2026, permit office 201000. County, state and national figures from the county and state files.
Price trail
FHFA annual house price index for Rutherford County, 1989 to 2025. Release of March 31, 2026.
County of the place
The county code of the Building Permits Survey row, and the Census Bureau 2020 place by county file.
Residents
US Census Bureau, population estimates for 2025.

All files are works of the US government, in the public domain. To report an error, see Corrections.

Questions

What kinds of buildings have permits in Forest City town?
In the 12 months to August 2026, 34 units are in buildings with one unit. 8 units are in buildings with two to four units. 0 units are in buildings with five or more units.
How does the count compare with the 12 months before?
Permits authorized 20 housing units in the 12 months before. Permits authorized 42 housing units in the 12 months to August 2026. The count increased by 110.0% between the two periods.
How many units is that for each 1,000 residents?
Forest City town has 5.7 units for each 1,000 residents. Rutherford County has 3.9 units for each 1,000 residents. North Carolina has 7.8 units for each 1,000 residents.
How many units have permits from 1995?
Permits in Forest City town authorized 297 housing units from 1995 to 2025. The year with the most units is 2025, with 40.