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Bankruptcy Homes in Forest, VA

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Forest, VA Foreclosures

How much do homes sell for in Forest, VA?
The average home price is currently $463,033.
In Forest, VA, how many homes are available?
There are currently 35 active home listings available in Forest.
What’s the average rental cost in Forest, VA?
The average rental price in Forest is $1,595.
What is the most expensive home in Forest?
The most expensive home sold in Forest had a price of $12,674,327.
What is currently the cheapest priced home in Forest, VA?
The cheapest home for sale in Forest is priced at $15,058.

Living in Forest, VA

Forest, VA, is a picturesque suburb surrounded by stunning natural landscapes and exceptional local amenities. It offers an inviting community atmosphere with great schools, parks, and easy access to nearby cities like Lynchburg, making it ideal for families and outdoor enthusiasts.

Current Market Conditions in Forest, VA

The Forest real estate market has remained steady with a slight increase in home prices over the past year, reflecting the area's growing popularity among families and retirees. Homes are highly sought after due to the excellent school district and quality of life, leading to competitive bidding in some cases.

Investors and homebuyers should be aware that new developments are underway, catering to the increasing demand. This trend suggests a promising growth pattern for the community, making it an attractive place for future investment.

Home Value Estimator For Forest, VA

There are currently 9,344 real estate properties in Forest, VA, with a median automated valuation model (AVM) price of $401,131.00. 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, VA, 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, VA, is $463,033.00, with the most expensive house in Forest, VA, topping out at $12,674,327.00 and the cheapest home in Forest, VA, clocking in at $15,058.00. In other words, there’s something for every potential homebuyer or savvy investor in Forest, VA!

Rent Prices In Forest, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Forest, VA, is on a rollercoaster ride. The average rent price in Forest, VA, is $1,595.00. Indeed, when looking to rent in Forest, VA, you can expect to pay as little as $620.00 or as much as $3,000.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Forest, VA -- 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, VA Bankruptcy Homes

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