Forest Acres, SC Foreclosures
How much do homes sell for in Forest Acres, SC?
The average home price is currently $202,121.
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 charming suburban city known for its picturesque neighborhoods and community-friendly environment. With excellent schools and abundant recreational facilities, it is an ideal place for families, young professionals, and retirees looking for a peaceful living experience. Its proximity to Columbia enhances its appeal, providing access to a variety of amenities and services.
Current Market Conditions in Forest Acres, SC
The real estate market in Forest Acres is currently experiencing a steady growth trend. Demand for homes remains strong, driven by families seeking quality neighborhoods and excellent schools. Prices are competitive but still attractive compared to neighboring areas, creating a healthy balance for buyers and sellers alike.
Home inventory levels are low, leading to a competitive atmosphere for buyers. This has resulted in a trend towards quicker sales and potential bidding wars, especially for well-maintained homes in desirable locations. Investors are also showing interest due to the area's growing popularity.
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 $202,121.00, 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
