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Foreclosure Homes in Forest Lakes, AZ

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Forest Lakes, AZ Foreclosures

How much do homes sell for in Forest Lakes, AZ?
The average home price is currently $560,939.
In Forest Lakes, AZ, how many homes are available?
There are currently 17 active home listings available in Forest Lakes.
What’s the average rental cost in Forest Lakes, AZ?
The average rental price in Forest Lakes is $1,630.
What is the most expensive home in Forest Lakes?
The most expensive home sold in Forest Lakes had a price of $2,140,994.
What is currently the cheapest priced home in Forest Lakes, AZ?
The cheapest home for sale in Forest Lakes is priced at $159,203.

Living in Forest Lakes, AZ

Forest Lakes is a beautiful mountain community in Arizona, offering stunning landscapes and a peaceful lifestyle. Residents enjoy a variety of outdoor activities amidst tall pines and serene lakes. It's a perfect spot for those seeking refuge from urban life, with a strong sense of community.

Current Market Conditions in Forest Lakes, AZ

The real estate market in Forest Lakes is currently experiencing a moderate demand, with home prices stabilizing after a period of rapid increases due to the appeal of the area for vacation homes and retirements.

Buyers are drawn to Forest Lakes for its unique combination of scenic beauty and outdoor activities. Over the past month, the market has seen a slight increase in inventory which has led to a more balanced buyer-seller dynamic.

Home Value Estimator For Forest Lakes, AZ

There are currently 309 real estate properties in Forest Lakes, AZ, with a median automated valuation model (AVM) price of $518,675.00. 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 Lakes, AZ, 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 Lakes, AZ, is $560,939.00, with the most expensive house in Forest Lakes, AZ, topping out at $2,140,994.00 and the cheapest home in Forest Lakes, AZ, clocking in at $159,203.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest Lakes, AZ!

Rent Prices In Forest Lakes, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest Lakes, AZ, is on a rollercoaster ride. The average rent price in Forest Lakes, AZ, is $1,630.00. Indeed, when looking to rent in Forest Lakes, AZ, you can expect to pay as little as $770.00 or as much as $3,660.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Forest Lakes, AZ -- 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.

Forest Lakes, AZ Foreclosures


Market Trend for Forest Lakes, AZ

Total Listings Available: 17

Market Values:

Home Prices from $159,203 to $2,140,994

Average Sales Price: $560,939

Rental Values:

Rental from $770 to $3,660

Average Rent Value: $1,630 / month

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