Forest, VA Real Estate
According to census data in the year 2000 there were 3,286 housing units in Forest.
This represents a 43.7% growth from 2,287 in 1990.
Of those housing units, 2,513 were located in either urbanized areas or urban clusters, and 773 were located in what is classified as a rural area.
Homeownership rate in Forest is about 81.4%.
Forest's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Forest were built after 1986.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 9.10% |
| Two Bedrooms | 21.30% |
| Three Bedrooms | 37% |
| Four Bedrooms | 27.80% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $138,000 |
| Median Price asked for vacant units | $172,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.56 |
| Median year structure was built | 1989 |
| Median Monthly Rent asked for vacant units | $579 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 12.30% |
| Home Equity Loan | 11.80% |
| Simple Mortgage | 56.10% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.4% |
