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Forest, VA

Full City Profile · Virginia · Lynchburg city County

3.7 /5.0
B+ Good
12,476 Population 917/sq mi density
$78,825 Median Income $45,287 per capita
$319,100 Home Value $405,620 Zillow
$1,112 Median Rent 29.6% income on rent
55°F Avg Temperature 305 sunny days/yr
467 Violent Crime/100K 2,533 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,825 median income, 2.3% unemployment
A
Affordability
4.4 / 5.0
$319,100 home value, $1,112/mo rent
F
Safety
1.0 / 5.0
467 violent crimes/100K (23% above avg)
A+
Education
4.9 / 5.0
48.4% bachelor's degree or higher

Housing Overview

Median Home Value
$319,100
13% above
US avg: $281,900
Median Rent
$1,112/mo
4% below
US avg: $1,163/mo
Homeownership Rate
75.0%
15% above US avg (65.4%)
Total Housing Units
4,964
Median year built: 1992

Home Value by Source

Census Median
$319,100
Zillow (ZHVI)
$405,620
Median Sale Price
$354,950
Median List Price
$419,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

75.0%
Owner-Occupied
25.0%
Renter-Occupied
75%
25%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,112/mo · Zillow rent: $1,644/mo

Market Indicators (Redfin)

Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
20
homes for sale

Affordability & Housing Stock

Rent Burden
29.6%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
75.0%

Complete Housing Data

Home Values

Census Median Value$319,100
Zillow Home Value (ZHVI)$405,620
Median Sale Price$354,950
Median List Price$419,900
Price Per Sq Ft$167

Rent

Census Median Rent$1,112
Zillow Rent (ZORI)$1,644
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market65
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold13
Active Inventory20
Price Per Sq Ft$167

Ownership & Stock

Owner-Occupied75.0%
Renter-Occupied25.0%
Homeownership Rate75.0%
Total Housing Units4,964
Median Year Built1992
Rent Burden29.6%