Forestdale, RI Foreclosures
How much do homes sell for in Forestdale, RI?
The average home price is currently $496,181.
In Forestdale, RI, how many homes are available?
There are currently 23 active home listings available in Forestdale.
What’s the average rental cost in Forestdale, RI?
The average rental price in Forestdale is $1,446.
What is the most expensive home in Forestdale?
The most expensive home sold in Forestdale had a price of $791,513.
What is currently the cheapest priced home in Forestdale, RI?
The cheapest home for sale in Forestdale is priced at $107,965.
Living in Forestdale, RI
Forestdale, RI is a peaceful and family-friendly community located within North Smithfield. Known for its natural beauty and welcoming atmosphere, it offers residents a variety of outdoor activities and a strong sense of community. The area is ideal for families looking for a safe and serene environment while still being close to urban amenities.
Current Market Conditions in Forestdale, RI
The real estate market in Forestdale currently shows signs of stability with a moderate inventory of homes available. The demand for properties in this scenic area has remained consistent, as many buyers are attracted to its peaceful surroundings and community-oriented vibe. Homes typically appreciate in value, making it an appealing place for long-term investment.
As of now, interest rates have influenced buyer activity, leading to a slight dip in sales compared to previous years. Nevertheless, the charm of Forestdale continues to attract both first-time buyers and those looking to settle in a family-friendly neighborhood.
Home Value Estimator For Forestdale, RI
There are currently 22 real estate properties
in Forestdale, RI,
with a median automated valuation model (AVM) price
of $499,711.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Forestdale, RI, 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 Forestdale, RI,
is $496,181.00, with the most expensive house
in Forestdale, RI, topping out
at $791,513.00 and the cheapest home
in Forestdale, RI,
clocking in at $107,965.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Forestdale, RI!
Rent Prices
In Forestdale, RI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Forestdale, RI, is on
a rollercoaster ride. The
average rent price in Forestdale, RI,
is $1,446.00. Indeed, when looking to rent in
Forestdale, RI, you can expect to pay as little
as $1,380.00 or as much
as $1,840.00,
with the average rent median estimated to
be $1,380.00. The good news is that finding
an affordable and desirable property to rent in Forestdale, RI
-- 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
