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Foreclosure 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 $464,809.
In Forest, VA, how many homes are available?
There are currently 46 active home listings available in Forest.
What’s the average rental cost in Forest, VA?
The average rental price in Forest is $1,596.
What is the most expensive home in Forest?
The most expensive home sold in Forest had a price of $12,747,136.
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 known for its friendly community, excellent schools, and stunning natural surroundings. The area offers plenty of outdoor activities and amenities, making it a great place for families and outdoor enthusiasts alike. Its close proximity to Lynchburg provides residents with convenient access to urban amenities while enjoying the tranquility of suburban living.

Current Market Conditions in Forest, VA

Forest's real estate market has shown resilient growth over the past year, driven by increased demand for family-friendly neighborhoods with good schools. The availability of homes has been moderately low, leading to competitive offers and rising home prices. Many buyers are attracted to the area's greenery and spacious homes, which has kept the market active and promising for both buyers and sellers.

Currently, the market sees a trend towards increasing interest in single-family homes, particularly as remote working opportunities allow more families to relocate to suburban areas. The upcoming developments and community services are also enhancing the appeal of Forest, making it an attractive market for real estate investments.

Home Value Estimator For Forest, VA

There are currently 9,330 real estate properties in Forest, VA, with a median automated valuation model (AVM) price of $404,883.00. 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 $464,809.00, with the most expensive house in Forest, VA, topping out at $12,747,136.00 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 $1,596.00. 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 Foreclosures


Market Trend for Forest, VA

Total Listings Available: 46

Market Values:

Home Prices from $15,058 to $12,747,136

Average Sales Price: $464,809

Rental Values:

Rental from $620 to $3,000

Average Rent Value: $1,596 / month

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