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
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 Market | 65 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 13 |
| Active Inventory | 20 |
| Price Per Sq Ft | $167 |
Ownership & Stock
| Owner-Occupied | 75.0% |
| Renter-Occupied | 25.0% |
| Homeownership Rate | 75.0% |
| Total Housing Units | 4,964 |
| Median Year Built | 1992 |
| Rent Burden | 29.6% |
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