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Foreclosure Homes in Forestville, MD

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Foreclosure Homes in Forestville, MD

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Forestville, MD area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Forestville, MD and much more. Save thousands at closing with home foreclosure listings in Forestville, MD — up to 75% off market value!


Top Reasons To Live In Forestville, MD In 2021

Forestville is located in Prince George's, Maryland, with an estimated municipal population of 12,342 residents. All of the best foreclosed homes for sale in Forestville are located in the following zip code areas on Foreclosure.com: 20747. The estimated population per square kilometer (.62 miles) in Forestville is 1,213.


Cost Of Living In Forestville, MD

So, about how much do homes cost in Forestville? The most recent median value of resident-owned homes in Forestville is 228,017. An estimated 68.9 percent of households in Forestville own their homes, with an average family size of 3.5. The median household income in Forestville is 68,507, with33.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Forestville, the median commute time of resident workers (in minutes) is 37.1. And last, but certainly not least, are you looking for homes to rent in Forestville? If so, the average rent price paid by renters in Forestville is 1,466, according to recent statistics.


Diversity And Demographics In Forestville, Maryland

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Forestville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Forestville is 35.7, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Forestville is 32.2, with an average family size of 3.5.

The percentage of residents who report their race in Forestville is as follows:

White 4.6%
Black / African American 90.7%
Asian 1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 2.9%

Looking for family-friendly neighborhoods in and/or near Forestville? Or maybe you are searching for 55+ active adult communities in and/or near Forestville?

The percentage of residents who report their age in Forestville is as follows:

Under 10 14.6%
Aged 10-19 12.2%
20s 14%
30s 13.7%
40s 10.8%
50s 14%
60s 11.8%
70s 5.3%
80+ 3.7%

Best Schools In Forestville, Maryland

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Forestville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Forestville.


Pros And Cons Of Living In Forestville, Maryland

How do you know that living in -- or moving to -- Forestville is right where you need to be? Perhaps you grew up in Forestville or already live nearby; therefore, the decision to buy a home in Forestville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Forestville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Forestville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Forestville.


Reasons To Move To Forestville, Maryland, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Forestville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Forestville, meanwhile, can field multiple offers from more qualified buyers.

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