Forest Acres, SC Foreclosures
How much do homes sell for in Forest Acres, SC?
The average home price is currently $202,027.
What’s the average rental cost in Forest Acres, SC?
The average rental price in Forest Acres is $1,024.
What is the most expensive home in Forest Acres?
The most expensive home sold in Forest Acres had a price of $496,400.
What is currently the cheapest priced home in Forest Acres, SC?
The cheapest home for sale in Forest Acres is priced at $45,000.
Living in Forest Acres, SC
Forest Acres, SC, is a vibrant suburb of Columbia that offers a blend of residential charm, excellent schools, and abundant green space. Community-oriented and easily accessible, it is an ideal location for families seeking a friendly neighborhood atmosphere while still being close to urban conveniences.
Current Market Conditions in Forest Acres, SC
The real estate market in Forest Acres remains competitive with increasing interest from homebuyers. The demand for single-family homes has risen sharply, leading to a steady increase in property values over the last few months. Many homes are selling quickly, often above asking price, as buyers are drawn to the area’s quality of life and amenities.
As new developments arise and existing homes receive renovations, Forest Acres is seeing a transformation that is attracting more young families and professionals. Investors are also taking notice of the potential for rental properties, given the area's proximity to Columbia and the ongoing demand for housing.
Home Value Estimator For Forest Acres, SC
There are currently 202 real estate properties
in Forest Acres, SC,
with a median automated valuation model (AVM) price
of $181,750.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forest Acres, SC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Forest Acres, SC,
is $202,027.00, with the most expensive house
in Forest Acres, SC, topping out
at $496,400.00 and the cheapest home
in Forest Acres, SC,
clocking in at $45,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forest Acres, SC!
Rent Prices
In Forest Acres, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forest Acres, SC, is on
a rollercoaster ride. The
average rent price in Forest Acres, SC,
is $1,024.00. Indeed, when looking to rent in
Forest Acres, SC, you can expect to pay as little
as $710.00 or as much
as $1,890.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Forest Acres, SC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
