Forest, VA Home Values & Market Trends
Real estate market trends reflect that there have been 285 transactions over the past year in Forest. The median value for residential home transactions that occurred over the previous year is $368,491.7. The number of current listings in Forest is 32, and the percentage of properties for sale in the city is 32.00%. Forest, VA currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 32 properties for sale.
Forest, VA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 24551 | $ 336,233 $ 162/sqft |
Housing Market Summary for Forest, VA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $382.4K | $370K | -3.26% |
| Median Sold Price | $379.8K | $370K | -2.60% |
| Homes For Sale | 36 | 30 | -16.67% |
| Homes Sold | 232 | 155 | -33.19% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Forest, VA
Browse Homes in Forest, VA
Forest home values range from $24,272 to $22,977,585. The median estimated value of a home in Forest is $368,491.7. The median list price of a home is 387,450, and the total count of properties in the city is 7,681.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Forest, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Forest, VA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Forest, VA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Forest, VA. There is 1 zips within Forest, VA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions24551 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Forest, VA. Auction homes and other auction properties account for 0.03% of all properties in Forest, VA. There is 1 zips within Forest, VA; of that zips, the median estimated home value for homes going to auction ranges from $305,899 in 24551 to the lowest value of $173,671 in 24551.
Compare Nearby Cities
More Real Estate Resources for Forest, VA
Guide for Forest, VA
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