The median sale price of a home in Forest Lakes was $506K last month, up 18.2% since last year. The median sale price per square foot in Forest Lakes is $179, down 15.2% since last year.
What is the housing market like in Forest Lakes today?
In January 2025, Forest Lakes home prices were up 18.2% compared to last year, selling for a median price of $506K. On average, homes in Forest Lakes sell after 7 days on the market compared to 23 days last year. There were 4 homes sold in January this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$506,000
+18.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Forest Lakes, VA
$506,000
+18.2%
United States
To compare other locations to the Forest Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Hollymead add value to a home.
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All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.4%
+3.1 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Forest Lakes.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Forest Lakes has a minor risk of flooding. 37 properties in Forest Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Forest Lakes. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Forest Lakes has a moderate risk of wildfire. There are 1,017 properties in Forest Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Forest Lakes.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Forest Lakes has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Forest Lakes is most at risk from hurricanes. 1,017 properties in Forest Lakes 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.