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Bellevue Rural Historic District (Additional Documentation)Bellevue Rural Historic District (Additional Documentation) · Photo: Nyttend · Public domain
Housing in Forest

220 homes sold in Forest in the last year, at a typical $381K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Forest homes are listed.

Homes sold
220
June 2025 to May 2026
Typical sale price
$381K
houses $464K · condos $260K
Price per square foot
$175
Virginia $237
Paid vs. asking
99%
21% sold over asking
For sale now
34
May 2026 · 18 sold that month
What sold · last 12 months

11% of Forest’s sales are condos, at $204K less than a house

121 houses and 25 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$464K

typical sale · 121 sold in 12 months

Per square foot
$174VA $222
Days to sell
27
Sold over asking
29%
Listings with a price cut
44%
Condos$260K

typical sale · 25 sold in 12 months

Per square foot
$188VA $301
Days to sell
49
Sold over asking
4%
Listings with a price cut
38%
Fewer sales

Townhouses: 74 sold, typical $339K

Too few sales in 12 months for reliable figures.

12 years of sales

About as many homes sell as usual, at 1.7 times the 2016 price

220 sales in the last year, against 343 in 2021 and a low of 175 in 2014. The typical sale went from $226K in 2016 to $381K.

Homes soldTypical sale price
087175262350$200K$300K$400K$500K2014: 175 sold, typical $228K’142015: 222 sold, typical $211K2016: 232 sold, typical $226K’162017: 257 sold, typical $240K2018: 255 sold, typical $250K’182019: 259 sold, typical $258K2020: 282 sold, typical $262K’202021: 343 sold, typical $298K2022: 289 sold, typical $354K’222023: 210 sold, typical $355K2024: 189 sold, typical $371K’242025: 216 sold, typical $383KLast 12 months: 220 sold, typical $381KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $400K buys in Forest

Houseat $174 a sq ft
Condoat $188 a sq ft
The same money in Virginiaat $222 a sq ft

Is this asking price fair?

Check a listing against what Forest homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 12 years of sales

Bidding wars in Forest are more common than before the pandemic, but 59% fewer homes come up for sale

We read every month of Forest’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 220 sales.

If you’re buying in Forest

  • Shop in March. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Bid near asking. Buyers paid 99% of the list price on average; 21% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 27 days.
Best time to buy

Spring brings the homes; fall brings the bidding wars

April has the most new listings (about 30 a month), but September is the most competitive: 29% of September sales close over asking. February has the least competition (13%) but only about 18 new listings.

New listings a monthShare sold over asking
08.817.526.33513%27%40%Sweet spotJan: 17 new listings a month, 15% sold over asking, 99 days to sellJFeb: 18 new listings a month, 13% sold over asking, 91 days to sellFMar: 25 new listings a month, 20% sold over asking, 84 days to sellMApr: 30 new listings a month, 24% sold over asking, 67 days to sellAMay: 29 new listings a month, 27% sold over asking, 81 days to sellMJun: 28 new listings a month, 28% sold over asking, 70 days to sellJJul: 23 new listings a month, 24% sold over asking, 64 days to sellJAug: 23 new listings a month, 21% sold over asking, 65 days to sellASep: 20 new listings a month, 29% sold over asking, 68 days to sellSOct: 20 new listings a month, 19% sold over asking, 69 days to sellONov: 14 new listings a month, 26% sold over asking, 77 days to sellNDec: 10 new listings a month, 18% sold over asking, 90 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Virginia

Forest now2017–192021 peakVA now
Sold over askingShare of sales that closed above the list price21%13%33%31%
Gone within two weeksShare of homes under contract within 14 days41%3%2%43%
Listings with a price cutShare of homes for sale that cut their price36%——25%
Price paid vs. askingAverage sale price ÷ list price99%98.4%100.1%99.3%
Days to sellMedian days from listing to contract27996038
Supply

35 homes for sale on a typical day

That’s 1.5 times the 2023 low (23), 59% fewer than in 2017–19 and well under 2014’s 138.

2014: 138 for sale’142015: 130 for sale2016: 111 for sale2017: 92 for sale’172018: 88 for sale2019: 76 for sale2020: 66 for sale’202021: 66 for sale2022: 31 for sale2023: 23 for sale’232024: 32 for sale2025: 38 for saleLast 12 months: 35 for saleNow
Room to negotiate

1 in 3 listings has cut its price

36% in the last year, against — in 2017–19 and 25% across Virginia.

2015: 1%’152022: 21%2023: 30%2024: 29%’242025: 36%Last 12 months: 36%Now
Prices by type

Since 2019, houses are up 58%, condos 88%

A house typically sold for $464K in the last year (121 sales), a condo for $260K (25).

$200K$300K$400K$500K2013201520172019202120232025NowHouses 2013: $272K, 25 salesHouses 2014: $261K, 116 salesHouses 2015: $264K, 142 salesHouses 2016: $266K, 152 salesHouses 2017: $285K, 158 salesHouses 2018: $280K, 164 salesHouses 2019: $293K, 158 salesHouses 2020: $310K, 181 salesHouses 2021: $372K, 191 salesHouses 2022: $444K, 167 salesHouses 2023: $468K, 93 salesHouses 2024: $474K, 85 salesHouses 2025: $467K, 124 salesHouses last 12 months: $464K, 121 salesHouses $464KCondos 2014: $177K, 25 salesCondos 2015: $127K, 20 salesCondos 2016: $171K, 26 salesCondos 2017: $160K, 26 salesCondos 2018: $167K, 16 salesCondos 2019: $139K, 23 salesCondos 2020: $160K, 22 salesCondos 2021: $192K, 57 salesCondos 2022: $196K, 23 salesCondos 2023: $227K, 27 salesCondos 2024: $256K, 26 salesCondos 2025: $242K, 25 salesCondos last 12 months: $260K, 25 salesCondos $260K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Virginia

Forest ranks 161st of 179 busy Virginia markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Forest is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Forest home costs about $2,123 a month

Mortgage
Property tax
Insurance
Rent

Price: Forest’s typical sale, last 12 months. Property tax at Forest’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Forest is affordable on local pay is on Cost of living.

Before you buy in Forest

Six things worth knowing

30

New listings in April

The month with the most choice. December has the fewest, about 10.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $381K home, about $1,630 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Forest, from test results, graduation and how much students grow.

Schools in Forest
22 min

Typical commute

The average one-way trip to work for people who live in Forest.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Timberlake, Lynchburg, Madison Heights, Bedford and Altavista sell for less a square foot

The busier markets within 25 miles of Forest, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lynchburg1,170$273K$15925%28
Forest220$381K$17521%27
Timberlake173$299K$16927%29
Madison Heights110$252K$16725%19
Bedford100$290K$16319%45
Altavista60$185K$14323%36
Amherst26$277K$17315%35

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Forest, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Forest. People who follow the town see it, and so do people comparing Forest with their own town. No commission, no listing fee.

Questions about buying a home in Forest

What do homes sell for in Forest, VA?

220 homes sold in the year to May 2026 at a typical $381K, $175 a square foot. Houses sold for about $464K, condos for about $260K.

Is Forest a buyer’s or seller’s market?

A seller’s market: 34 homes were for sale in May 2026 and 18 sold, about 1.9 months of supply. Buyers paid 99% of asking on average, and 36% of listings cut their price.

When is the best time to buy in Forest?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Forest?

About 0.4% of a home’s value a year. On a $381K home that’s near $1,630.

Where can I see homes for sale in Forest?

Zillow, Redfin, Realtor.com and Homes.com all carry Forest’s MLS listings; the search links above open each one filtered to Forest.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).