Market Overview
Home Prices in Forest, VA
The median home value in Forest, VA is $419,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 2.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Forest are priced2% above average. Forest is part of the Lynchburg, VA metro area.
Over the past five years, Forest home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Forest Home Price Trend
City Comparison
Forest vs. National Median
At $419,707, homes in Forest cost 2% above the national median of $410,000. Buyers in Forest should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Forest?
20% Down Payment
$83,941
on $419,707
Monthly P&I
$2,189/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,780/mo
incl. taxes & insurance
Income Needed
$111,200
gross annual (30% rule)
10% Down Option
$41,971
+ PMI applies
Loan Amount (20% dn)
$335,766
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Forest, VA?
The median home value in Forest is $419,707 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Forest?
Over the past year, home values in Forest have increased by 2.6%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Forest?
To comfortably afford the median home price of $419,707 with a 20% down payment ($83,941) at today's rates (6.8%), you'd need a gross annual income of approximately $111,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Forest compare to the national average home price?
The national median home value is approximately $410,000. At $419,707, homes in Forest are 2% above the national average.
What metro area is Forest part of?
Forest is part of the Lynchburg, VA metropolitan area. Home prices and market conditions can vary across the broader metro region.