The Forest Hill housing market is most competitive. The median sale price of a home in Forest Hill was $473K last month, down 7.4% since last year. The median sale price per square foot in Forest Hill is $323, down 1.5% since last year.
What is the housing market like in Forest Hill today?
In April 2024, Forest Hill home prices were down 7.4% compared to last year, selling for a median price of $473K. On average, homes in Forest Hill sell after 8 days on the market compared to 7 days last year. There were 5 homes sold in April this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$472,500
-7.4% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Forest Hill, VA
$472,500
-7.4%
United States
To compare other locations to the Forest Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Richmond add value to a home.
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How hot is the Forest Hill housing market?
Forest Hill is most competitive. Homes sell in 8 days.
0
100
98
Most Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 9% above list price and go pending in around 8 days.
Hot homes
can sell for about 16% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Forest Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forest Hill.
Risk Factor
Flood Factor - Severe
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forest Hill has a severe risk of flooding. 34 properties in Forest Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Forest Hill. Flood risk is increasing slower than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
Forest Hill has a minor risk of wildfire. There are 177 properties in Forest Hill that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in Forest Hill.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Forest Hill has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forest Hill is most at risk from hurricanes. 658 properties in Forest Hill have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.