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Forest Market Report

$359,641

AVERAGE PRICE OF 241 HOMES

$189,900

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,274,500

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$387,698

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$648,106

AVERAGE PRICE OF 15 HOMES WITH A POOL

$309,255

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $359,641
Avg Bedrooms 4.05 beds
Avg Bathrooms 3.24 baths

Average Price by Bedrooms

1 bedroom $93,750
2 bedrooms $148,950
3 bedrooms $256,071
4 bedrooms $403,853
5 bedrooms $579,651
Forest Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 217 198 189 176 182
Average Price $357,272 $357,896 $351,656 $358,489 $360,499
Avg Price Change -0.17% +1.77% -1.94% -0.56% -3.77%
Median Price $322,060 $310,402 $302,638 $318,990 $323,215
Med Price Change +3.76% +2.57% -5.40% -1.32% -3.77%
Avg Bedrooms 4 beds 3.87 beds 3.77 beds 3.86 beds 3.98 beds
Avg Bathrooms 3.14 baths 3.11 baths 2.99 baths 3.1 baths 3.18 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Brookville High School 16 $217,375 73 days
Heritage High School 1 $215,000 113 days
Jefferson Forest 15 $541,639 94 days
Jefferson Forest High School 206 $359,676 92 days
Other - See Remarks 3 $254,300 491 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 241 $359,641 125 days
Distressed Homes 2 $189,900 37 days
Multi-Million Dollar Homes 4 $1,274,500 171 days
Newly Built Homes 54 $387,698 106 days
Homes with a Pool 15 $648,106 121 days
Reduced Price Homes 9 $309,255 92 days
Lynchburg's Finest Real Estate
113 Goldenrod Place
Lynchburg, VA 24502
434-439-4211

Fair Housing/Equal Opportunity
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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
Last updated; multiple times May 24, 2019. Information is deemed to be reliable, but is not guaranteed. Roanoke Valley Association of Realtors© 2019 MLS and FBS. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

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