Neighborhood Profile

Forest Cove

Agoura Hills, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
71.1
National rank: #1,150 of 14,967
Stability and Strength
85.2
Score
Value Opportunity
66.5
Score
Momentum
55.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAgoura Hills, CA
CountyLos Angeles County
National rank#1,150 of 14,967
State rank#65 of 1,814
City rank#2 of 11
County rank#8 of 321
National percentile92.3
National bandTOP_10_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,215,193
Year-over-year home value change2.9%
Month-over-month home value change-0.38%
Home value to income ratio7.45
Median household income$163,049
Bachelor's degree or higher73.9%
Civilian unemployment rate1.0%
Homeownership rate91.0%
Housing vacancy rate0.0%
Rent burden 30% or higher63.1%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Forest Cove

What is the Best Neighborhoods USA ranking for Forest Cove?

Forest Cove is ranked #2 of 11 eligible neighborhoods in Agoura Hills; #65 of 1,814 eligible neighborhoods in CA; and #1,150 of 14,967 eligible neighborhoods in the United States.

Is Forest Cove one of the best neighborhoods in Agoura Hills?

Forest Cove has a Best Neighborhoods USA Index of 71.1 and a city ranking of #2 of 11 eligible neighborhoods in Agoura Hills.

How much are homes worth in Forest Cove?

The current Zillow Home Value Index for Forest Cove is approximately $1,215,193.

Are home values rising or falling in Forest Cove?

Zillow neighborhood values changed 2.9% year over year and -0.38% month over month.

What is the Neighborhood Momentum Score for Forest Cove?

Forest Cove has a Neighborhood Momentum Score of 55.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Forest Cove?

The NDS-derived neighborhood median household income is approximately $163,049.

How affordable is Forest Cove relative to household income?

The current Zillow home-value-to-household-income ratio is 7.45. Price-to-income affordability is a major Value Opportunity input.

Is Forest Cove primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 91.0%.

What is the unemployment rate in Forest Cove?

The NDS-derived civilian unemployment rate is approximately 1.0%.

How educated are residents of Forest Cove?

Approximately 73.9% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Forest Cove face high rent burden?

Approximately 63.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Forest Cove?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications58
Estimated originations27
Home-purchase applications20
Origination rate46.9%
Home-purchase share35.4%
Average application loan$447,311
Total application loan amount$25,756,653
National application rank#6,678 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 27.1% YoY; originations 14.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.